Finalized the outline for the history of military policy.
The political leaders are hard to limit as to expenses. All requests now are for financial support.
We have had to mount a special operation in Iloilo where the senatorial team is doing badly because the local candidates are concentrating on their own candidacies.
As well as Pangasinan, Laguna, Batangas, Rizal, Quezon City (whose candidates came today).
Saw the interview with Max [Maximo] Soliven “Impact.” And it was good—friendly but sharp and incisive.
Official Gazette for October 19, 1971: President Marcos had a full schedule of callers, most of whom were foreign businessmen, rural bankers, and local officials. Among the first to be received by the President were Mitchell L. Werbell III and Huge McWhinne, American businessmen, who paid him a courtesy call.
They were followed by the officers of the Rural Bankers Association of the Philippines, who took their oaths of office before him. Those inducted were Oscar Ravanera, president; Edgardo Reyes, Rhium Sanchez and Modesto Buenaflor, vice presidents for Luzon, Visayas and Mindanao, respectively; Dr. Isagani Sayo, secretary; Guillermo Narvaez, treasurer; Jose O. Desiderio, Jr. and Cesar Ocampo, consulting directors for legal and public relations affairs; and Jose Bullas, Ponciano Rivera, Jr., Francisco German, Sergio Montinola, Ramon Melencio, Amando Buhain, Amando R. de Jesus and Saturnino Abesamis, directors.
The President told the rural bankers that the government would extend all the necessary help to the rural banking system which, he said, plays an important role in economic development. The rural bankers informed the President that they would require an initial additional capital of ₱25 million from the Agricultural Guarantee Loan Fund. They said that a ₱56 million fund provided for the rural banks from the AGLF in a bill submitted to Congress “was lost along the way to the approval of the bill.”
The President expressed the; hope that he would be able to talk to Congress leaders “in more sober terms” after the November elections.Present at the oath-taking ceremony were Honesto O. Francisco and Mariano Gimenez, director and associate director, respectively, of the Central Bank Department of Rural Bank.
At past noon, the President administered the oath to Ernesto Pilares as acting vice mayor of’ Quezon City, vice Ismael Mathay, Jr. who resigned to run for mayor of the city.
The President was guest at the TV program “Impact” in the evening