Extracted text

OCR Page 1 of 3
INCOMING TELEGRAM Department of State TELEGRAPH BRANCH PLAIN A 5-1 Action Control: 6672 Rec'd: November 14, 1950 DCL FROM Manila 5:44 p.m. Info S8 TO: Secretary of State G E NO: Unnumbered, November 14. P SAM FE PASS TO ECA. OLI CIA FROM FOSTER, BAGUIO PI. ARMY AIR Following is final agreed text as signed by Quirino and Foster NAVY at Baguio November 14. ECA EFAA President Elpidio Quirino and the Honorable William C. Foster, DCR as representative of President Harry S. Truman, have agreed to recommend to their respective governments a program covering the nature and form of the assistance and cooperation which the Government of The United States would have to extend to the Government of The Philippines to assist the latter in the solution of age=old social and economic problems greatly aggra- vated by the last war, and to bring about a new Philippine era of progress and plenty. 1. It is realized that the Philippines must have greater production, a more diversified economy, and a higher family income for its industrial and agricultural laborers, all of° which will greatly contribute to the enhancement of free institutions in the Philippines. 2. The President of The Philippines, highly appreciative of the proferred help on the part of the President of The United States, to bring about social and economic well-being in the Philippines, announces his determination to lead his country in the attainment of this great goal, through total economic mobilization and the bold implementation of measures that will bring about a higher degree of social justice in the Philippines. 3. The main recommendations of the report to the President of The United States by the economic survey mission to the Philippines will be the basis for serious and immediate con- sideration by the Philippine Government in order to attain the objectives mentioned above, and may be considered a practical and sound point of departure in working out a program of social, economic and technical assistance and cooperation. 4. To this end, and considering that time is of the essence, the Council of State shall forthwith formulate a legislative program of the following measures for prompt consideration by the Congress REPRODUCTION OF THIS PLAIN MESSAGE IS PROHIBITED