Carlos P. Garcia

“ And now what resources have we for our industrial economy? We have some of the world's biggest iron deposits and abundant coal and manganese to provide the raw materials for the basic steel industry rightly called the mother of 101 other industries. To complement this, it is definitely known that the bosom of our Earth contains unlimited mineral oil deposits to turn the wheels of industry and the propellers of prosperity. We have the natural hydroelectric resources which can be harnessed, as a number of them already are, to supply cheap industrial power. ”

“ But deeper and more enduring than our preparations for defense is our hope and desire for world peace — a just, honorable and lasting peace. The Philippines stands squarely behind every sincere plea and effort for a stop to the armaments race that is leading the nations of the world to material and moral bankruptcy. ”

“ Nonetheless, we must continue our industrialization program with daring courage. Let us not forget, however, that discretion is still the better part of valor. Our mistakes should not make us weaker in spirit. Rather, recognition of these should inspire us to strengthen our dedication and with the proper rectifications made, we shall carry on stronger in faith and confidence, and with clearer vision.
In light of our experience, it has been dramatically pointed out that a well-balanced agro-industrial economy is the best for the country. ”

“ The broader motivating spirit of modern Filipino industrialists is no longer money profit first, but rather the joy of creativeness and the exultation of the soul derived from the consciousness of having contributed to human happiness. May this spirit forever grow!
This administration is fully aware of the difficulties in financing our ambitious industrialization program. We have realized that our dollar reserves can no longer continue with the double role of providing for the normal requirements of our foreign trade and the tremendous financing of our industrial and economic development. ”

“ To the common man, especially the needy, the forsaken and the victims of injustice, Malacañang symbolizes hope, faith, and justice. Under my administration, Malacañang will remain such a symbol. This Government will carry on dispensing social justice and protecting human rights. I expect every department to share in the great task of fortifying the faith of our people in their Government by bringing the Government closer to the people in terms of service and love. ”

“ Tested in the crucible of war no less than in the sacrifices for peace, our partnership with the noble American people will long live vibrant in the hearts of our two peoples rather than in the pages of our treaties. ”

“ In the face of grave threats to world peace and security, it is our solemn duty to strive with other free countries for strengthening the United Nations and make it a more effective instrumentality for peace. We have entered into a number of agreements with America, including a mutual defense treaty, and have associated with freedom-loving states in the SEATO in an effort to meet those threats on a regional level. ”

“ The education of the youth, being essential to the progress of the nation and to the preservation of the freedom we have won, will receive increasing attention from the administration. I believe in preparing the youth of the land intellectually and morally for the responsibilities and leadership they have to assume later in life. Since our economic development is the center of our common effort at this juncture of our national life, the education of our youth should henceforth lay emphasis on science, industrial, and agricultural technology. ”

“ There has been no dissipation of our dollar reserves. But in our overeagerness and enthusiasm to push forward our industrialization program, we transgressed the ethernal laws of measures and proportion. As a retribution, reality now constrains us to restore the correct proportion between dollar reserves and industrialization, and also between these reserves and bond issues and other form of public borrowing. To achieve this end, it behooves us to submit temporarily to measures of austerity, self-discipline, and self-denial. We have to sacrifice for the larger good of the greatest number. ”

“ A nation does not live by bread alone, and no profit is gained in strengthening its economy if in doing so it loses its soul. The ruins of once mighty empires now buried under the dust of oblivion constantly remind us that material progress, unless based on a foundation of morality, eventually destroys itself. ”

“ We know that the United States, as the recognized leader of the free world, is resolved with all her might and resources to maintain peace and freedom and democracy. The Philippines will discharge her humble share in the indivisible responsibility of preserving world peace and freedom. I hope that our Western allies in the SEATO will see eye to eye with us on the need for strengthening further the fabric of this regional defense organization and the capability of their Asian allies to meet subversion or open aggression. ”

“ This administration will continue the vigorous prosecution of the social amelioration program. We give a higher premium to this social service program to demonstrate to our masses that in freedom and by democratic processes we can achieve peace, prosperity, and happiness. The Social Security Act, for instance, which gives to non-government wage earners insurance protection against sickness, disability, old age, death, and unemployment, will be fully implemented. ”

“ This administration will therefore tirelessly support any sincere effort toward the removal of all means to wage war through total disarmament of all nations and ultimately toward the removal of all causes of war by channeling the tremendous resources now spent for destructive purposes to fighting misery, poverty, disease, and criminality the world over and bring about the climate and moral regeneration for world peace. ”

“ Out of steel, we will create the sinews of the nation.
But, fellow countrymen, iron is only one of our principal mineral resources. We have practically all minerals used by the present civilization, ferrous, non-ferrous, and mineral oils. The mining industry, therefore, has the potentiality of becoming the premier dollar-earning industry of the Philippines. This administration commits itself to giving all possible incentives and support to private enterprise which may invest and work to make mining the biggest of industries. ”

“ The power harnessing program will be kept up with increasing momentum to realize our desire for rural electrification.
With all these elements at our command and with our youth rapidly acquiring the needed industrial technology and with the increasing demand for machinery and other steel products for our industrialization, it has become imperative for us to build soonest the steel industry. Out of the womb of the steel industry, we hope to generate here the machinery for the entire Philippine agroindustrial structure. ”

“ Rice is still the center of gravity of our agricultural economy, as steel is of industrial economy. On these two basic factors, we build our agroindustrial economy. We have to step up the tempo of establishing the agricultural industries to utilize with th least delay the abundant natural resources which a bountiful Divine Providence has endowed us. ”

“ But I must confess, in all candor, that the best and the utmost I can give in the service of the people will avail us little, unless I receive the understanding, faith, and support of my countrymen. In every momentous time of our history our people have given their full measure of support to our leaders. ”

“ World peace based on a "balance of terror" maintained by a relentless contest in the development of increasingly more devastating nuclear weapons is a danger-fraught situation only one spark away from a cataclysmic explosion leading inevitably to one end — the total de£truction of civilization. ”

“ In the spirit, therefore, of that covenant of the hearts between the people and their chosen leader, I face the future aglow with hope and confidence. Together we will meet our common problems and difficulties. With the singleness of purpose, together we will overcome them. ”

“ The Government will continue its low-cost housing projects and its land redistribution and resettlement program. We shall exert greater effort so that more of our poor will eventually acquire homes and lands that they can call their very own. Home-and-landowning citizens possess not only a sense of stability and contentment but also the practical patriotism to live for, and if necessary, die for home and country. ”

“ As a people, we prize highly the moral and spiritual values of life. But the realities of the moment have made us more preoccupied with economic problems chiefly concerning the material values of national life. ”

“ In this connection, I serve notice that the war against graft and corruption will continue with unabated zeal, without fear or favor. Dishonesty and inefficiency in public service will be dealt with firmly but justly. By the same token, honesty, and efficiency should be rewarded generously. ”

“ But with all our preoccupation with the national well-being, we cannot afford to neglect the moral and spiritual aspects of our national life. Together with the increasing material abundance, we need to strengthen our moral fiber. Our spiritual virtues must be constantly fortified. ”

“ The individual economic security assured to the beneficiaries of this Act will buttress the collective economic security of the nation. The Social Security System is protection to labor and provision to capital. ”

“ Differences do exist now and others may arise in the future. But in a spirit of fellowship and mutual understanding there can be none that cannot be adjusted on the basis of justice and equality to the satisfaction of each other's interest. ”

“ I am fully convinced that we can generate development funds from sources, other than taxes and the proceeds of our present exports. Development loans can be liqUidated by the same industries they are intended to sustain.
An essential aspect of the program rhave outlined, if we are to achieve optimum results, is the role of scientific and industrial research. No industry of any importance in the world today can afford to exist without it. ”

“ We have the land, the climate and other favorable natural conditions to produce ramie, cotton and other fibers to feed our textiles industries with raw materials. We have the land and natural conditions to produce raw rubber to provide a steady supply of raw materials to our rubber and tire industries that minister to a nation on wheels. ”

“ Moreover, a large portion of the funds which this Act will generate will be channeled to selected sound investments to promote the general well-being, thus making the people investors and participants in the country's economic destiny. ”