October 2, 1972

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11:30 PM

Oct. 2, 1972

Monday

Malacañan Palace

Manila

 

We are now watching the development of opposition among the clergy, possibly the nuns the Free Farmers Federation and the Christian Socialist Movement.

So the opening of the schools in the high school and college levels have to be postponed. For there would be an opportunity to congregate and prepare for demonstrations.

But we must not arrest any of the bishops, although we must be firm in stopping any subversion that may crop up.

From abroad —

I have agreed to appear in the Meet the Press show of Larry Spivak on Oct. 8, 1972 at 12:30 AM New York time which will be about midnight Sunday here.

The Durdin story in the New York Times of the inrerview of Sec. Ponce Enrile, Gens.

 

2

Oct. 2nd (Con’t)

Malacañan Palace

Manila

Espino and Ramos to the effect that the military has not taken over but will continue to obey the civil authority; that the people are surrendering their guns, there is peace and order and they are supporting the president to a man because they are obeying the constitution.

And Lee Lescaze of the Washington Post has reversed himself and sent in a story that if a vote were taken today, an overwhelming majority of the Filipino people would support me in my decision proclaiming martial law.

The support from all quarters continues and I meet the Sulu Moslem leaders who have indicated support, tomorrow at 10:00 AM.

I met the Think Tank for the first time today –Ting Paterno, Armand Fabella, Gerry Sicat, Naring Orosa, Bobby Benedicto, Leo Virata, Adrian Cristobal etc.

 

3

Oct. 2nd (Con’t)

Malacañan Palace

Manila

I attach the list of specific programs. Although we should postpone Nos. 1 and 2.

Signed the Oil Exploration (Service Contract) Decree, and the reduction of the Stock Transfer Tax of 2% to 1/4%.

And I ordered the study of the suspension of the capital gains tax if the gains are invested in productive enterprise or deposited in a bank.

The realignment of banks and insurance companies must follow.