Diary of Ferdinand E. Marcos

July 5, 1972 Wednesday

12:15 PM

PAGE 2176

July 5, 1972

Wednesday

Malacañan Palace

Manila

7:00 AM – 9:00 AM – Golf and exercise

9:30 – Left for Camp Crame for Metrocom 5th Inagural. Gen. Ordonez has retired, Col. Alfredo Montoya, his Ex. O. has taken over command. I have ordered air-mobile exercises. P1.5 million for new patrol cars and updating of the contingency plans.

11:45 Returned to the palace.

12:10 Met Amb. Henry Byroade who wanted to know if there was a change in foreign policy I countered that the state Dept. seemed to want the Laurel Langley to lapse without any replacement. And that the military assistants pact had to be renegotiated. We agreed we should postpone negotiations until after the U.S. elections in November.

12:40 – Greater Manila Food Terminal Market P50 million more funds for it to be reused by Central Bank & Sec. of Finance. 115M1 – Central Bank Gov. Licaros (not readable) that 115M1 account for P452 million of raw materials plus about P80 million advances of DBP on 115M1 loans to the World Bank.

1:00 PM – 2:20 PM – Congressman

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