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March 3, 1936

Reception at Japan Club. Saw Mrs Quezon who is just back from Java, and is much thinner. Talk with Speaker Montilla, a refined type of man. Asked him why his group was buying up rival sugar centrals in times like this? He said, first to get Spanish capital into Filipino hands, and also because they expected to make money out of the by-products of sugar, such as molasses, glass from bagasse ashes, fibres and paper, wine, alcohol etc. Also spoke of industries to be established from coir–or coconut husk fibre.

Congratulated the Japanese Consul General on the escape of my old acquaintance Viscount Makino in last week’s massacre of Cabinet officers in Japan.