MALACAÑAN PALACE
Manila
10:00 PM
February 12, 1971
Friday
Worked on the reorganization bill to be submitted to Congress not later than Mar. 5th from 10:30 AM to 4:00 PM.
Merienda with Mr. and Mrs. Ray Goodman of the World Bank at 5:30 PM. Then a speech at 7:30 PM at the SSS before the Small and Medium Scale Industries Convention.
Everything has quieted down but the OPEC has gotten the Western nations to agree to increase the price of crude oil and very soon the price of crude oil for the refineries here will go up and the prices of gasoline, kerosene, diesel fuel, textiles and others will go up.
Then we will be expecting trouble.