December 22, 1935

Talk at the lunch table with Foley of Philippine National Bank; said he had seen the President the afternoon before; Quezon was much preoccupied with the Friar Land crisis. I asked Foley whether the Philippines could raise money on a bond issue to purchase these lands; he said it would be very difficult and that..

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December 20, 1935

7 p.m. in Malacañan with the President who was in good health and spirits. I complemented him on his message on economic planning --he enquired whether it has been well received in the foreign community. I gave him Colin Hoskins' plan on organization for the economic council &c. Then I asked him what was the..

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