7:30 a.m. The market was almost dead. There were no quotations for buyers. Sellers were getting sleepy as there was no movement. Don Vicente Madrigal, the President of the Exchange, was so disappointed that he ordered the temporary closing of the Exchange. The sellers left with bowed heads, some even with tears as if some near relations had crossed the Great Divide. But Bayan kept watching and surreptitiously or privately (outside the Exchange), he bought, but timidly and only very small lots.
At 9:00 a.m., Dr. Bunye came and reported that Col. Gilfilan was going by boat. Why not by airplane like others, others who were even minor officers? Immediately we concluded that Gilfilan was going to accompany us, as did Col. Superintendent Forbes when we were brought over here by boat.
At 10:45, Zulueta, who had gone to the hospital not to be cured but rather to smell for news, came back with the report that the Postmaster had certified that the radiogram was authentic. Zulueta considered his trip highly successful because some way or other he was able to connect himself with the cook of Col. Gilfilan and the cook assured that he had overheard a conversation with the Colonel in which the release of war prisoners was mentioned. Immediately the stock market was revived and there were brisk transactions. But Don Vicente persisted in not opening the Exchange, so all transactions had to be done privately — off the Exchange.
At 4:00 p.m., transactions suddenly stopped. It was learned that Col. Gilfilan and Lt. Reyes were going by airplane and not by boat. Consternation! Paredes endeavored to save the situation by stating that his interpretation is just the reverse — that the news was favorable. To show he meant it, he bought some shares. The action of Paredes elicited no enthusiasm.
But we were just like fools. There was too much wishful thinking. When it was found out that the S.S. Mactan had not arrived, some, including myself, illogically came to the astounding conclusion that we were leaving on that boat.
7:00 p.m. Cortez came and reiterated his belief. No reaction.
8:20 p.m. It was announced that MacArthur was going to Washington. More pessimism as it was suspected that in the meanwhile we would be forgotten.
Up to 10:00 p.m., conversations here and there — all pessimistic. Mr. Papa, who works in the Supply Office, said that the matter had been the subject of a conversation in said office among the Americans and themselves. They are all agreed that such a cablegram was received and that war prisoners could be no other than us. If we are not released or taken to Manila, then the word “war” must have been misinterpreted or erroneously codified. It might have been “Insular”.
Let us sleep and hope for a brighter next day.
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The Pacifican newspaper states who will be considered war criminals. They are those who sold war materials; those who actually aided the military operations of the enemy; and those who otherwise gave aid to the enemy. We do not come under any of these classifications.