Elpidio Quirino
Elpidio Quirino
Elpidio Quirino
president of Philippines
WRITTEN BY
The Editors of Encyclopaedia Britannica
Encyclopaedia Britannica's editors oversee subject areas in which they
have extensive knowledge, whether from years of experience gained by
working on that content or via study for an advanced degree....
See Article History
Elpidio Quirino, (born Nov. 16, 1890, Vigan, Phil.—died Feb. 28,
1956, Novaliches), political leader and second president of the
independent Republic of the Philippines.
0000214229-wtfvid007-109
President Quirino’s administration faced a serious threat in the form
of the Communist-led Hukbalahap (Huk) movement. Though the
Huks originally had been an anti-Japanese guerrilla army in Luzon,
the Communists steadily gained control over the leadership, and,
when Quirino’s negotiations with Huk commander Luis Taruc broke
down in 1948, Taruc openly declared himself a Communist and called
for the overthrow of the government. By 1950 the Huks had gained
control over a considerable portion of Luzon, and Quirino appointed
the able Ramon Magsaysay as secretary of national defense to
suppress the insurrection.
Get exclusive access to content from our 1768 First Edition with your subscription.Subscribe
today
This article was most recently revised and updated by Amy Tikkanen,
Corrections Manager.
LEARN MORE in these related Britannica articles:
Ramon Magsaysay
Hukbalahap Rebellion
Luis Taruc
Elpidio Quirino
Volume 0%
00:00
01:04
Additional Sources
Espinosa-Robles, Raissa, To fight without end: the story of a
misunderstood president, Makati, Metro Manila, Philippines:
Ayala Foundation, 1990.
Lopez, Salvador P., Elpidio Quirino: the judgment of
history, Manila: President Elpidio Quirino Foundation, 1990.
Quirino, Carlos, Apo Lakay: the biography of President Elpidio
Quirino of the Philippines, Makati, Metro Manila: Total Book
World, 1987.
Romulo, Carlos P., The Philippine presidents, Quezon City:
New Day Publisher
Elpidio Quirino
From Wikipedia, the free encyclopedia
His Excellency
Elpidío R. Quiríno
In office
April 17, 1948 – December 30, 1953
Fernando Lopez (1949–1953)
In office
In office
Himself
Secretary of Finance
In office
In office
In office
1935–1938
In office
In office
In office
Served with:
Melecio Arranz (1928–1935)
In office
1919–1925
Personal details
Philippines
Novaliches, Quezon City, Philippines
Resting place Libingan ng mga Bayani, Taguig, Philippines
affiliations
Alicia Syquia
Spouse(s)
(m. 1921; died 1945)
Monique Lagdameo (great-granddaughter)
Armando Quiríno
Norma Quiríno
Victoria Quiríno-González
Fe Angela Quiríno
Profession Lawyer
Contents
Personal life[edit]
Quiríno was married to Alicia Syquía (1903–1945) on January 16, 1921. The couple had
five children: Tomas, Armando, Norma, Victoria, and Fe Angela. On February 9, 1945,
his wife and three of their children (Armando, Norma and Fe Angela) were killed by
Japanese troops as they fled their home during the Battle of Manila.[3] His
brother Antonio Quirino was the owner of Alto Broadcasting System, which later merged
with Chronicle Broadcasting Network to form the ABS-CBN Broadcasting Corporation.[4]
His daughter, Victoria, became the youngest hostess of Malacañang Palace, at 16
years old, when Quiríno ascended to the presidency on April 17, 1948. She married
Luis M. Gonzalez in 1950, who became Philippine ambassador to Spain from 1966–
1971.
Congressional career[edit]
House of Representatives[edit]
Quiríno was engaged in the private practice of law until he was elected as member of
the Philippine House of Representatives from 1919 to 1925, succeeding Alberto Reyes.
In 1925 he was succeeded as congressman by Vicente Singson Pablo.
Senate[edit]
Quiríno was elected as Senator from 1925 to 1931 representing the First Senatorial
District. He then served as Secretary of Finance and Secretary of the Interior in the
Commonwealth government.[citation needed]
In 1934, Quiríno was a member of the Philippine Independence mission to Washington,
D.C., headed by Manuel L. Quezon, that secured the passage in the United States
Congress of the Tydings–McDuffie Act. This legislation set the date for Philippine
independence by 1945. Official declaration came on July 4, 1946. [citation needed]
Before the Second World War, Quiríno was re-elected to the Senate but was not able to
serve until 1945.
After the war, the Philippine Commonwealth Government was restored. The Congress
was likewise re-organized and in the Senate and Quiríno was installed was Senate
President pro tempore.[citation needed]
Vice-presidency[edit]
President Elpidio Quirino weeps beside the coffin of his predecessor, Manuel Roxas during the latter's wake in
1948
Presidency[edit]
Presidential styles of
Elpidio R. Quirino
Secretary of Foreign Affairs Elpidio Quirino (acting) April 17, 1948 – January 6, 1950
Secretary of Agriculture and Natural Resources Plácido Mapa September 21, 1948 – 1950
Secretary of Public Works and Communications Ricardo Nepumoceno April 17, 1948 – 1949
Secretary of Public Works, Transportation and Pablo Lorenzo May 6, 1952 – 1953
Communications
Secretary of Education, Culture and Sports Prudencio Langcauon September 1948 – September 13,
1950
Secretary of National Defense Ruperto Kangleon April 17, 1948 – August 31, 1950
Secretary of Trade and Industry Cornelio Balmaceda September 21, 1948 – February 12,
1949
Executive Secretary Emilio Abello April 21, 1948 – September 14, 1948
Vice-President Elpidio Quirino was inaugurated as the 6th President of the Philippines on April 17, 1948 at the
Council of State Room, Executive Building, Malacañan Palace.
Quirino assumed the presidency on April 17, 1948, taking his oath of office two days
after the death of Manuel Roxas. His first official act as the President was the
proclamation of a state mourning throughout the country for Roxas' death. Since Quiríno
was a widower, his surviving daughter, Victoria, would serve as the official hostess and
perform the functions traditionally ascribed to the First Lady.
New capital city[edit]
On July 17, 1948, the Congress approved Republic Act No. 333, amending
Commonwealth Act No. 502, declaring Quezon City the capital of the Philippines in
place of Manila.[5] Nevertheless, pending the official transfer of the government offices to
the new capital site, Manila remained to be such for all effective purposes. [5]
HukBaLaHap[edit]
The term HukBaLaHap was a contraction of Hukbong Bayan Laban sa mga Hapon (in
English: The Nation's Army Against the Japanese Soldiers), members of which were
commonly referred to as Huks.
With the expiration of the Amnesty deadline on August 15, 1948, the government found
out that the Huks had not lived up to the terms of the Quiríno-Taruc agreement. Indeed,
after having been seated in Congress and collecting his back pay allowance. [5] Luis
Taruc surreptitiously fled away from Manila, even as a number of his followers had
either submitted themselves to the conditions of the Amnesty proclamation or
surrendered their arms. In the face of countercharges from the Huk to the effect that the
government had not satisfied the agreed conditions, President Quirino ordered a
stepped-up campaign against dissidents, restoring once more an aggressive policy in
view of the failure of the friendly attitude previously adopted. [5]
Fireside chats[edit]
To bring the government closer to the people, he revived President Quezon's "fireside
chats", in which he enlightened the people on the activities of the Republic by the
periodic radio broadcasts from Malacañan Palace.
Impeachment attempt[edit]
Riding on the crest of the growing wave of resentment against the Liberal Party, a move
was next hatched to indict President Quirino himself. [5] Led by Representative Agripino
Escareal, a committee composed of seven members of the House of Representatives
prepared a five-count accusation ranging from nepotism to gross
expenditures. Speaker Eugenio Pérez appointed a committee of seven, headed by
Representative Lorenzo Sumulong to look into the charges preparatory to their filing
with the Senate, acting as an impeachment body. Solicitor General Felix Angelo
Bautista entered his appearance as defense counsel for the chief executive. [5] Following
several hearings, on April 19, 1949, after a rather turbulent session that lasted all night,
the congressional committee reached a verdict completely exonerating the President.
Quirino waving to the crowd
Incumbent President Elpidio Quirino won a full term as President of the Philippines after
the untimely death of President Manuel Roxas in 1948. His running
mate, Senator Fernando López won as Vice President. Despite factions created in the
administration party, Quirino won a satisfactory vote from the public. It was the only time
in Philippine history where the duly elected president, vice president and senators all
came from the same party, the Liberal Party. The election was widely criticized as being
corrupt,[6] with violence and fraud taking place.[7] Opponents of Quirino were beaten or
murdered by his supporters or the police and the election continues to be seen as
corrupt.[8]
Second term (1949–1953)[edit]
President Elpidio Quirino was inaugurated for his first full term as President of the Philippines on December 30,
1949 at the Independence Grandstand (now Quirino Grandstand), Manila.
Baguio Conference[edit]
In May 1950, upon the invitation of President Qurino, through the insistent suggestion of
United Nations President Carlos P. Romulo, official representatives of India,
Pakistan, Ceylon, Thailand, Indonesia, and Australia met in the city of Baguio for a
regional conference sponsored by the Philippines.[5] China and Korea did not attend the
conference because the latter did not contemplate the formation of a military union of
the Southeast Asian nations. On the other hand, Japan, Indonesia, China, and others
were not invited because, at the time, they were not free and independent states. Due
to the request of India and Indonesia, no political questions were taken up the
conference.[5] Instead, the delegates discussed economic and, most of all, cultural,
problems confronting their respective countries. Strangely enough however, the Baguio
Conference ended with an official communiqué in which the nations attending the same
expressed their united agreement in supporting the right to self-determination of all
peoples the world over. This initial regional meet held much promise of a future alliance
of these neighboring nations for common protection and aid. [5]
HukBaLaHap continued re-insurgence[edit]
Quirino's administration faced a serious threat in the form of the
communist HukBaLaHap movement. Though the Huks originally had been an anti-
Japanese guerrilla army in Luzon, communists steadily gained control over the
leadership, and when Quirino's negotiation with Huk commander Luis Taruc broke down
in 1948, Taruc openly declared himself a Communist and called for the overthrow of the
government.
Peace campaign[edit]
With the Communist organization estimated to still have more than 40,000 duly
registered members by March 1951, the government went on with its sustained
campaign to cope with the worsening peace and order problem. [5] The 1951 budget
included the use of a residue fund for the land resettlement program in favor of the
surrendered HUKS. The money helped maintain the Economic Development Corps
(EDCOR), with its settlements of 6,500 hectares in Kapatagan (Lanao) and 25,000
hectares in Buldon (Cotabato). In each group taken to these places there was a nucleus
of former Army personnel and their families, who became a stabilizing factor and
ensured the success of the program. Indeed, less than ten percent of the Huks who
settled down gave up this new lease in life offered them by the government. [5]
To promote the smooth restructuring of the Armed Forces of the Philippines, the military
were made to undergo a reorganization. [5] Battalion combat teams of 1,000 men each
were established. Each operated independently of the High Command, except for
overall coordination in operational plans. A total of 26 Battalion Combat Teams were put
up. New army units were also established, such was the first Airborne Unit, the Scout
Rangers, the Canine Unit, and the Cavalry Unit. These units all showed considerable
ability.[5]
1951 midterm election[edit]
Main article: 1951 Philippine general election
After a sweep by the Liberals in 1949, many Filipinos doubted the election result. This
brought a sweep by the Nacionalistas in the 1951 elections. There was a special
election for the vacated Senate seat of Fernando Lopez, who won as Vice President in
1949. The Liberals won no seats in the Senate.
1953 presidential election[edit]
Main article: 1953 Philippine presidential election
Quirino ran for re-election to the presidency with José Yulo as vice president in 1953
despite his ill health. His Defense Secretary, Ramon Magsaysay, resigned his office and
joined the Nacionalista Party. Other prominent Liberalists, like Vice President Fernando
López, Ambassador Carlos P. Romulo, Senators Tomás Cabili and Juan Sumulong,
also bolted Quirino's party.
On August 22, 1953, Nacionalista and Democratic Parties formed a coalition to ensure
Quirino's full defeat. On election day, Quirino was defeated by Ramon Magsaysay with
a majority vote of 1.5 million.
Domestic policies[edit]
Economy of the Philippines under
President Elpidio Quirino
1948–1953
Population
1948 19.23 million
1948 Php 5,180
1953 Php 7,596
Total exports
1948 Php 35,921 million
Exchange rates
1 US US$ = Php 2.00
Economy[edit]
Upon assuming the reins of government, Quirino announced two main objectives of his
administration: first, the economic reconstruction of the nation and second, the
restoration of the faith and confidence of the people in the government. In connection to
the first agenda, he created the President's Action Committee on Social Amelioration or
PACSA to mitigate the sufferings of indigent families, the Labor Management Advisory
Board to advise him on labor matters, the Agricultural Credit Cooperatives Financing
Administration or ACCFA to help the farmers market their crops and save them from
loan sharks, and the Rural Banks of the Philippines to facilitate credit utilities in rural
areas.
Social program[edit]
Enhancing President Manuel Roxas' policy of social justice to alleviate the lot of the
common mass, President Quirino, almost immediately after assuming office, started a
series of steps calculated to effectively ameliorate the economic condition of the people.
[5]
After periodic surprise visits to the slums of Manila and other backward regions of the
country, President Quirino officially made public a seven-point program for social
security, to wit:[5]
1. Unemployment insurance
2. Old-age insurance
3. Accident and permanent disability insurance
4. Health insurance
5. Maternity insurance
6. State relief
7. Labor opportunity
President Quirino also created the Social Security Commission, making Social Welfare
Commissioner Asuncion Perez chairman of the same. [5] This was followed by the
creation of the President's Action Committee on Social Amelioration, charges with
extending aid, loans, and relief to the less fortunate citizens. Both the policy and its
implementation were hailed by the people as harbingers of great benefits. [5]
Agrarian reform[edit]
See also: Land reform in the Philippines
As part of his Agrarian Reform agenda, President Quirino issued on October 23, 1950
Executive Order No. 355 which replaced the National Land Settlement Administration
with Land Settlement Development Corporation (LASEDECO) which takes over the
responsibilities of the Agricultural Machinery Equipment Corporation and the Rice and
Corn Production Administration.[9]
Integrity Board[edit]
To cope with the insistent clamor for government improvement, President Quirino
created the Integrity Board to probe into reports of graft and corruption in high
government places. Vice-President Fernando Lopez was most instrumental, through his
courageous exposés, in securing such a decision from President Quirino. [5]
Foreign policies[edit]
Photograph of President Truman in the Oval Office, evidently receiving a cane as a gift from the President of
the Philippines, Elpidio Quirino, as another man (most likely ambassador Joaquín Elizalde) looks on.
— Elpidio Quirino[10]
In 1951, the Philippines signed the Mutual Defense Treaty with the United States to
deter the threat of communism that existed during the Cold War. The military alliance
remains to this day a key pillar of American foreign policy in Asia that also includes
defense pacts with Japan, South Korea, Thailand, and Australia.
Korean War[edit]
On June 25, 1950, the world was astonished to hear the North Korean aggression
against the independent South Korea. The United Nations immediately took up this
challenge to the security of this part of the world. Carlos P. Romulo soon stood out as
the most effective spokesman for the South Korean cause. [5] On behalf of the
government, Romulo offered to send a Philippine military contingent to be under the
overall command of General Douglas MacArthur, who had been named United Nations
Supreme Commander for the punitive expedition. The Philippines, thus, became the
first country to join the United States in the offer of military assistance to beleaguered
South Korea.[5]
President Quirino took the necessary steps to make the Philippine offer. On a purely
voluntary basis, the first contingent – the Tenth Battalion Combat Team – was formed
under Col. Azurin, and dispatched to Korea, where its members quickly won much
renown for their military skill and bravery. The name of Captain Jose Artiaga, Jr.,
heroically killed in action, stands out as a symbol of our country's contribution to the
cause of freedom outside native shores. Other Philippine Combat Teams successively
replaced the first contingent sent, and they all built a name for discipline, tenacity, and
courage, until the truce that brought the conflict to a halt. [5]
Quirino-Foster Agreement[edit]
By the time of the creation of the integrity board, moreover, the Bell Mission, led by
Daniel W. Bell, an American banker, and composed of five members, with a staff of
twenty workers, following their period of stay in the Philippines, beginning in July 1950,
finally submitted its report on October of the same year. [5] The Report made several
proposals, most noteworthy, of which were that the United States on, President Quirino
gamely and patriotically,[5] took in the recommendations and sought to implement them.
Thus in November 1950, President Quirino and William Chapman Foster, representing
the United States Government, signed an agreement by virtue of which the former
pledged to obtain the necessary Philippine legislation, in keeping with the Bell Mission
Report, while envoy Foster promised the necessary by the same Report. [5]
However, much as he tried to become a good president, Quirino failed to win the
people's affection. Several factors caused the unpopularity of his administration,
namely:[11]
Following his failed bid for re-election, Quirino retired from politics to private life in 1953.
He offered his dedication to serve the Filipino people, becoming the "Father of Foreign
Service" in the Republic of the Philippines.
Quirino died of a heart attack during the leap year day of February 29, 1956 at his
retirement house in Novaliches, Quezon City. He was buried at Manila South
Cemetery in Makati. On February 29, 2016, his remains were relocated and reinterred
at a special tomb site in the Libingan ng mga Bayani in Taguig, in time for the 60th
death anniversary of his death.[12]
Memorials[edit]
Notes[edit]
1. ^ Jump up to:a b "President Elpidio Quirino's 125th birth anniversary". BusinessMirror. November
10, 2015. Retrieved August 6,2020.
2. ^ Catholic Church, Conversion of St. Paul, the Apostle (Vigan, Ilocos Sur) (November 19,
1890). "Registros parroquiales, 1713-1994". Family Search. Retrieved October 29, 2016.
3. ^ Bunye, Ignacio R. (May 24, 2015). "Bunye: Battles that changed the course of history
(Epilogue)". Sun.Star. Retrieved August 6, 2017.
4. ^ Vanzi, Sol Jose (November 1, 2003). "ABS-CBN's 50th Year Celebrates Philippine
Television". The Philippine Star. Retrieved August 6, 2017.
5. ^ Jump up to:a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac Molina, Antonio. The Philippines: Through the
centuries. Manila: University of Sto. Tomas Cooperative, 1961. Print.
6. ^ Lana's dirty secrets Archived September 16, 2017, at the Wayback Machine Philippine
Center for Investigative Journalism Retrieved June 14, 2017
7. ^ Hedman, Eva-Lotta & Side, John Philippine Politics and Society in the Twentieth Century:
Colonial LegaciesRetrieved June 14, 2017
8. ^ Taylor, RH The Politics of Elections in Southeast AsiaRetrieved June 14, 2017
9. ^ "Department of Agrarian Reform (DAR) – Organizational Chart". Archived from the
original on February 18, 2010. Retrieved October 23, 2010.
10. ^ "Elpidio Quirino". Retrieved August 9, 2009.
11. ^ Quoted from Zaide, Gregorio (1956). "25". Philippine Political and Cultural History: the
Philippines since British Invasion. 2 (1957 Revised ed.). Manila, Philippines: McCullough Printing
Company. p. 25.
12. ^ "Elpidio Quirino reinterred at Libingan ng mga Bayani after 60 years". GMA News. February
26, 2016. Retrieved February 26, 2016.
13. ^ Hibiya Park plaque to honor late Filipino leader Quirino May 22, 2016 Japan
Times Retrieved June 14, 2017
14. ^ Japan honors former PH president Elpidio Quirino in Hibiya Park June 14, 2016 Philippine
Primer Retrieved June 14, 2017
15. ^ Kobayakawa, Yohei Philippine leader who forgave war criminals gets Tokyo memorial June
20, 2017 Asahi Shimbun Retrieved June 14, 2017
References[edit]
Zaide, Gregorio (1956). Philippine Political and Cultural History: the Philippines since
British Invasion (1957 Revised ed.). Manila, Philippines: McCullough Printing Company.
Zaide, Gregorio F. (1984). Philippine History and Government. National Bookstore
Printing Press.
External links[edit]
Wikimedia Commons has
media related to Elpidio
Quirino.
Wikisource has original
works written by or about:
Elpidio Quirino
President Elpidio Quirino’s goal as chief executive, as stated in his first State of the
Nation Address, revolved around strengthening the people’s confidence in the
government and the restoration of peace. In order to achieve these, the Chief Executive
travelled around the country to inspect firsthand the condition of the nation.
President Elpidio
Quirino delivering his First State of the Nation Address on January 24, 1949.
President Quirino established the Action Committee on Social Amelioration
through Administrative Order No. 68, in order to efficiently promote the welfare of
citizens in the rural districts. He established the Social Security Study Commission by
virtue of Executive Order No. 150, to investigate socio-economic problems of the
working class and formulate legislation developing social welfare. The Labor
Management Advisory Board, established by Executive Order No. 158, formulated labor
policies and conducted studies on the ways and means of preventing, minimizing, and
reconciling labor disputes. The Agricultural Credit and Cooperative Financing
Administration, established by Republic Act. No. 821, assisted farmers in securing credit
as well as developing cooperative associations to efficiently market their agricultural
commodities.
The Quirino administration reached out to the leaders and members of Hukbo ng Bayan
Laban sa Hapon (HUKBALAHAP) and the Pambansang Kaisahan ng mga
Magbubukid (PKM) to negotiate peace and put an end to the insurgency. In 1948,
through Proclamation No. 76, the government granted amnesty to the insurgents that
surrendered arms. The negotiation failed to persuade HUKBALAHAP leader Luis Taruc
and other rebel leaders, as they conceded to register but never disarm. From 1950 to
1953, Secretary of National Defense Ramon Magsaysay and President Quirino exerted
efforts in reforming the nation’s Armed Forces and promoting welfare of citizens in the
rural areas through the Economic Development Corps (EDCOR) [12] and Land Settlement
and Development Corporation (LASEDECO)[13]. This resulted to a considerable
improvement to the country’s insurgency problem. There were over 25,000 armed
communists in early 1950—two thirds of which had either been captured, killed, or had
voluntarily surrendered; an estimated 60,000 firearms were surrendered or captured. [14]
President Elpidio Quirino shaking hands with Huk Leader Luis Taruc upon issuing amnesty to the rebel
group on the condition that they disarm on June 21, 1948. The negotiation will eventually collapse on
The Quirino administration came to a close in the presidential elections of 1953. It was a
battle between incumbent Liberal Party of President Elpidio Quirino against the
charismatic Nacionalista candidate Ramon Magsaysay. It was a landslide victory for
Ramon Magsaysay, who gained 2,912,992 votes or 68.9% of the electorate.
President-elect
Ramon Magsaysay tries out the presidential chair, on the invitation of President Elpidio Quirino, when
Magsaysay arrived to fetch the latter on inaugural day. Taken on December 30, 1953. (Photo taken fro
THE NATION DURING
ELPIDIO QUIRINO’S
PRESIDENCY, 1948 TO
1953
Crossroads (Toward Philippine Economic and Social Progress) by Gerardo P. Sicat
(The Philippine Star) November 11, 2015
(Nov. 16 will be the 125th birthday anniversary of the second president of the Republic. It would be
useful to remember how his presidency relates to our present condition.)
2nd President of the Republic: succession from vice-presidency. Elpidio Quirino is one of the
least known among Philippine presidents as time moves on. He succeeded to the presidency
unexpectedly when Manuel A. Roxas, the first president, died on the third year of his four-year term.
Quirino’s presidency was eventful and positive for the nation. He won a close election on his own in
1949. His accomplishments do not match the low reputation that is associated with his presidency.
Fate is often cruel when historic times lead to the appearance on the scene of more dynamic
personalities. Ramon Magsaysay, the third president, is a more remembered figure, though he was
president for even a shorter period, less than three years. (He was killed in a plane crash.)
The most important achievements of Magsaysay happened when he was Quirino’s defense
secretary. In that post, Magsaysay broke the back of the communist Huk rebellion, capturing the
members of the central politburo and committing them to jail.
Thus, the early communist threat to the young republic was reduced to a manageable distraction in
subsequent years even beyond the Quirino years.
In his day, Quirino was highly vilified by a virulent press, making his administration look corrupt when
it was quite effective in its pursuit of goals. He was ridiculed for choices he probably was not fully
aware of, two expensive items in the Malacanang household as it was being renovated – a new bed
and an orinola.
Very eventful times. When the Republic was inaugurated in 1946 with Quirino as vice-president,
the Philippine economy had been devastated. Gross output was 30 per cent of the 1940 GDP.
Agriculture and industry were either in a state of injury or devastation.
When he took over as president in 1948, the economy was on course for a rapid recovery, helped
along by continuing large US (military) expenditure at the end of the war and by US rehabilitation
assistance in the form of war damage payments.
America’s version of Marshall plan (not so-called because of very special political and economic
relations) was the Philippine Rehabilitation Act of 1947. This US law enabled the appropriation of
$520 million for the rehabilitation of the economy – to finance the restoration of destroyed public
infrastructure facilities and to award war damage payments for the rehabilitation of properties and
businesses destroyed.
(For those who think today this amount of dollar aid was small, consider this. The purchasing power
of the dollar of 1940 that was used to evaluate the war damage is worth at least 15 times that of the
US dollar of 2015.)
War damage payments helped to speed up the rehabilitation of the economy. These payments
contributed immensely to economic rebuilding and to new development. Being quickly disbursed
payments within a period of three years until 1950, they provided direct income flows to the
recipients.
Despite the abundance of American economic expenditures and aid, the demand for foreign goods
far outstripped the country’s inflows of dollar resources. The magnitude of the reconstruction plus the
insatiable want to restore peace time levels of consumption produced this imbalance.
The exchange rate, pegged at the old pre-war and pre-independence value of two to one, also
encouraged excessive spending. At about this time, in 1949, the newly created Central Bank opened
its doors and the governor (the former secretary of Finance), Miguel Cuaderno, recommended the
imposition of import controls.
Later, as conditions tended to worsen, import controls were assisted by more stringent exchange
controls. The uses for the allocation of dollars had to be prioritized.
Investments and export recovery. Investments and recovery were helped however by the heavy
inflows of assistance from the US.
Infrastructure reconstruction was rapid. Public edifices destroyed by the war were rebuilt with public
war damage money. Major roads and bridges, ports and school-buildings were restored. Public
utilities were restored.
Private housing and business investments were stimulated by the war damage payments. Damaged
businesses – in agriculture, industry, manufacturing and commerce – were assisted in part by the
quickly disbursed war damage payments.
New domestic infrastructure projects also came into being. Hydroelectric power began to be
harnessed. The Ambuklao Dam in Luzon and the Maria Cristina Falls were harnessed to produce
electricity.
The country’s major export industries began to recover. The processing of coconut products
expanded and many of the sugar mills began to be restored and exports of these products began to
recover. Some mining and timber firms resumed production.
During Quirino’s presidency, the country continued to receive support from US development aid and
enjoyed the early years of the special relations covering trade adjustment, war damage payments,
and an effort to promote domestic industrialization.
The import and exchange controls encouraged businessmen to produce products that replaced
imports. The beginnings of industrial import substitution were promoted by the law promoting “new
and necessary industries.”
The government also started to undertake mass housing for low and middle income earners. This
program was under the People’s Housing Homesite Corp., a forerunner of the National Housing
Authority. Thus begun housing projects designed to be amortized by citizens — Projects 1, 2, 3 and
4 in the Metro Manila area.
The housing displacements during the war and continuous migration to cities haunt us even today. A
future in self-financed mass housing was begun during Quirino’s time.
Optimistic future. Although new problems were emerging for the country, there was a lot of
optimism in 1953. The economic rehabilitation was carried well forward. New horizons for
development were opening up.
In fact, in 1953 the Philippines was well-positioned to become successful in economic development.
The country then was the envy of many countries facing postwar reconstruction and development.
Donate Today
Recent Posts
Categories
About FEF (1)
Alan Ortiz (1)
Alex Magno (9)
Boo Chanco (536)
Broadband (6)
Business (13)
Calixto Chikiamco (105)
Charter Change (90)
Competition (48)
Corruption (27)
DENR (13)
Development Entrepreneurship (3)
Dindo Manhit (6)
Diwa Guinigundo (4)
DOE (24)
DOST (3)
DOTC (61)
Economic Freedom (28)
Economics (41)
Eduardo Yap (2)
Environment (5)
EPIRA (4)
Ernest Leung (4)
FDI (43)
FEF (231)
FEF Press Release (96)
FIT (48)
Gary Olivar (7)
Gerardo Sicat (182)
Good Governance (54)
IMF (5)
Investment (96)
Jejomar Binay (13)
Jemy Gatdula (82)
John Forbes (4)
John Nye (2)
Jose Almonte (2)
Land Management (3)
LGU (8)
Mahar Mangahas (146)
Media Mileage (4)
Meralco (4)
Mining (1)
NEDA (17)
News (416)
oil (7)
Open Skies (4)
Opinion (1,289)
P-NOY (191)
PCCI (6)
Peter Wallace (161)
PPP (22)
Property Rights (32)
Ramon Clarete (2)
Ramon del Rosario (1)
Raul Fabella (40)
Rene Santiago (3)
Renewable Energy (61)
Roberto de Ocampo (13)
Romeo Bernardo (48)
Ronald Mendoza (6)
Sin Tax (22)
Uncategorized (20)
Updates (1)
Video Archive (17)
Tags
PRIMARY PROBLEMS
SUMMARY OF GOVERNANCE
REPORT THIS AD
Share this:
Leave a Reply
Search
Search for:
Pages
o About
o References
o Manuel A. Roxas (1946-1948)
o Elpidio R. Quirino (1948-1953)
o Ramon F. Magsaysay (1953-1957)
o Carlos P. Garcia (1957-1961)
o Diosdado P. Macapagal (1961-1965)
o Ferdinand Edralin Marcos (1965-1986)
o Corazon C. Aquino (1986-1992)
o Fidel V. Ramos (1992–1998)
o Joseph Ejercito Estrada (1998-2001)
o Gloria Macapagal Arroyo (2001-Present)
Blogroll
o WordPress.com
o WordPress.org
Categories
o BLOOMS PRESIDENTS (2)
October
2020
M T W T F S S
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31