November 28, 1935

Received from Secretary Quirino and Paez papers on the proposed purchase from the English of the 4% bonds of the Manila RR. Co. Two and one-half hours study of these.

Before dinner, went out to Sunset Beach near Cavite to swim with Geo. Logan (Lapointe, Trapp & Arnold). Lapointe says the rebellious Sakdalista movement will subside on the payment of higher wages and provision for more employment. That communist movement is more serious.

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