DBP - the bank that builds a nation · Rare Periodicals

DBP - the bank that builds a nation

Media

Part of The Bicol Star

Title: DBP - the bank that builds a nation
Creator: Medina, Ramon AG.
Language: English
Year: 1970
Rights
Fulltext: Speakout Open Letter AUGUST 29, 1970 THE BICOL STAR 5 (From Lesser officials devoured the balance. Up to now GAO has not investigated these illegal cash advances and has remained silent. What worries some people is the report that Malacanang has started releasing some amounts to some congressional districts. There are fears that the new fund releases might be used to cover up fund shortages due to election overspending. Now where is the GAO? Where are those big PARGO ads asking the public to report government anomalies? This column has been very vocal about shennanigans in the government. But there are offices that deserve flowers. These two, in our opinion, are the National Science Development Board and the Volcanology Commission. They deserve commendation for their good research work at Tiwi geothermal works. So far P300,000 has been released from NSDB funds. Seven holes have been sunk with 4 inch casings, down to 600 feet. About 5,000 lbs per hour of steam is generated by Hole 7, enough to light the town of Tiwi The problem is that only a very small portion of that steam is utilized (to light the vicinity) while the major bulk is wasted steam blowing off into the air. NSDB is spending another 1*500,000 this fiscal year to dig Holes 8 and 9 with casings up to 9 inches. Estimates say that the entire Tiwi bed could generate 40,000 kilowatts, enough to electrify entire Bicol mainland. As far as NSDB and Convol are concerned, they have done their re* search job. They know Tiwi’s power potential, how to get power and how much. The next job is commercial utilization of that power potential. That is outside NSDB province. That is supposed to be Bideco’s job. But basing from past and present Bideco records, I doubt if Bideco is the right agency to develop Tiwi. We may just as well say Good Night. At least not with the present Do Nothing board. xxx Our good friend Congressman Fajarillo is chairman of the committee on page 3) forestry and natural resources. As such he is supposed to be the champion of forest conservation. But at present rate, forests in Camarines Norte are getting destroyed faster than those in Camarines Sur and Quezon. Last menth this columnist sent to blue ribbon committee the alleged destruction of 33,000 hectares of forests in Iwahig penal colony. We challenge Nanding Fajarillo to bring to court those forests vandals and alien dummies so well known in Daet. The destruction of the watershed in Labo is shocking. It won't be long there would not be enough water to drink for Vinzons, Daet, falisay and Mercedes. The need . . . (from page 3) where it is necessary to ensure that the farmer obtains an integrated "package” of services in order to realize the full potential of his improved tenurial status. The “project approach” which places all related services under the control of one official at project level was seen to have achieved good results. "The implementation of land reform has been impeded in many cases by an indifferent or unsympathetic bureaucracy. It was felt that this difficulty could be largely surmounted by: (I) the recruitment of new staff (II) the establishment of a new organization for implementation with a new approach and orientation (III) the training and reorientation of all staff working in the land reform programme, and (IV) the participation of beneficiaries so as to ensure that the programme and its administrators are made more receptive to their needs." (d) Land Taxation Agricultural land taxation here is considered to be a positive instrument for reform. It is designed to promote productive land utilization and to prevent tendencies to commercialize land resulting in land hoarding for speculative purposes. The resultant amount from these taxes constitute a portion of the Special Agrarian Reform Fund. (e) Special Agrarian Reform Fund To meet the tremendous requirement for capital outlays and operating costs of integrated land reform operations, the Special Agrarian Reform Fund is sought to be created. The Fund will be administered by a Department of Agrarian Reform for a given number of years based on its approved program of implementation. With the approval of this vital source of financing, the Department of Agrarian Reform can take more effective measures for implementation. Republic of the Philippines DEPARTMENT OF PUBLIC WORKS AND COMMUNICATIONS BUREAU OF POSTS Manila July 24, 1970 Hon. Ramon H. Felipe, Jr. House of Representatives Manila Dear Congressman Felipe, Jr.: I have your letter of July 17, 1970, requesting information whether there is a move to transfer the headquarters of Postal Region No. 5 from Naga City to Legaspi City which move is the subject of protest in the telegram to you of the Editor-Publisher of the Bicol NewsdaA. At the outset, we wish to make mention of the fact that we had tentatively chosen Naga City as the site for the headquarters of Postal Region No. 5. However, after careful study and consideration, we have to forego such plan in favor of Legaspi City as the most logical , site of the headquarters from the stand-point of effective ruail-service supervision of the provinces to be served by the headquarters,namely, Northern Samar, Masbate, Sorsogon, Catanduanes, Albay, Camarines Sur, and Camarines Norte Legaspi City is strategically located and is accessible by land, sea and/or air travel from the surrounding aforementioned provinces.lt is the southern terminal of the train service of thePhilippine National Railways connecting with bus services to Tabaco & Sorsogon. Also, under normal conditions the Philppine Air Lines has a four times-a-day flight schedule to Legaspi City. Moreover, we have many pos* tai projects that are undertaken join ly with theBureau ofTelecommunications which has its Region No.3 in Legaspi City. On the other hand, Naga City can only serve best its province of Camarines Sur and the adjoining provinces of Camarines Norte and Albay, In the light of the foregoing facts we deem it more advantageous to establish at Legaspi City the beadquarters of Postal Region No.5 and we have already taken initial steps towards it. However, Naga City shall remain as the site of one of the two mail distributing centers under the said region No. 5. Very truly yours, (SGD.) ENRICO PALOMAR Postmaster General (f) Participation of Local Governments The role of local governments units on total development schemes is recognized. Our own existing laws provide that local governments be transformed gradually into effective instruments through which the people, by way of participation and involvement, commit themselves to govern and work out their own destinies. It is the purpose of this policy now included in the agrarian reform program to involve local governments in the implementation of agrarian reforms by providing them such technical, financial and other assistance as maybe necessary to carry out the objectives of the program. DBP - the Bank that builds a Nation BY: RAMON AG. MEDINA Branches & Agencies Department Development Bank of the Philippines Makati, Rizal (Continuation) THE BUILDING In 1936-1939, the Bureau of Commerce Building was occupied by the NLIB and the AIB, along General Solano Corner Tanduay Streets. In 1947, the Bank was transferred in Regina Building. In 1948-1952, it was housed in the PNB Building. From 1952-1968, it occupied For Posterity The Office of the Municipal Board, thru its chairman and presiding officer, Vice-Mayor,Virginia F. Perez, is in the process of furnishing the City of Naga with historlcal facts and pictures for posterity. One of this undertakings, is to collect pictures of past Mayors, Vice Mayors and Councilors of the City to put thpm up in cons spicuous places at our City Hall. In connection with this project, group pictures, and other documents which would be of historical importance or interest to the city and to our future generation would be most welcomed’ Requirement: BUST PICTURES (Black and White). For Mayors and Vice-Mayors-8”x 10” For Councilors - Postal size All those concern are hereby informed to consider this as a request concerning this matter. Let us collect and preserve the priceless legacies of our glorious past. Be part of this lofty project. Should this consolidated version, H. No. 1127 (Amendment by Substitution), pass both houses this Special Session, the machinery for land reform implementation shall be simplified and financial support for the program shall have better assurance. Another bill is pending in Congress regarding the sale of Military Camps around Manila to generate funds for land reform. The first bill stipulates that 70 per cent of the proceeds will go to land reform. Unfortunately, a new bill is proposed on the same subject, but the share proposed for land reform has been greatly reduced - 28.5 per cent. This latter version is truly inimical to the program. Bold Decision and Action Needed — The time to decide and act is now. This cannot be done by the National Land Reform Council alone. Presidential imprimatur and Congressional support is needed. The proclamation of the entire country will start a chain of events which will produce favorable reaction on the part of the peasantry and take away the issues being used to stir and aggravate agrarian unrest. With His Excellency’s clearance and Congressional encouragement and support, the National Land Reform Council will declare the entire country as a land reform area within this or early next month. the RFC/DBP Building along Corner David and Muelle de la Industria Streets. The terrible earthquake of 1968, which wrought havoc to the Escolta Building necessitated the transfer to the present DBP Building at Corner Makati Avenue and Buendia Avenue Extension in Makati, Rizal. This new building accentuates the phenomenal growth that this government financing institution has achieved since its establishment in 1935. From an old 2-story structure at Genera] Solano Street in Tanduay in 1935, the Bank’s transfer to the new building vividly illustrate its bold shift to modern development banking: growth-oriented, innovative, and its approaches to its development objectives attuned to the needs of the country’s economy. The present DBP L-shaped edifice, a 15 floor structure (including basement, penthouse, and deck roof) equipped with the most modern banking facilities is located on an 8,000 sq. m. lot along Makati and Buendia Avenue; It covers a total floor area of 35,000 sq.m. (2,333 sq m./floor). Noting the worsening space problem in its former site in David Street, near the Escolta, due to its expanded services, the Bank decided to construct a modern, spacious building for the convenience of its clients. Cornerstone Laying.’ Cornerstone-laying ceremonies were held December 22, 1964 (Tuesday afternoon). The marker was unveiled by First ''Lady Evangelina Macapagal, assisted by her daughter, Gloria, and by Mesdames Pablo Lorenzo and Jovino S. Lorenzo. The scroll which was signed by the Supervising Governors, was placed inside a cylindrical brass case and then deposited by President Diosdado Macapagal in the compartment of the marker which he closed by cementing the opening, using a golden trowel. This trowel was later presented to President Macapagal as a gift from the Bank. Modern Features: The new building boasts of architectural and engineering features typical with modern structural masterpieces. Modesty aside, it can compare with the best edifices in New York, London, Paris or Tokyo. It is L-shaped from the air, and rests on a floating foundation, in accordance with modern engineering technology. The whole structure is bolstered by the building’s framework of highgrade structural steel which gives it added assurance of strength. (Continued on page 6) Youth Leaders... NICOLAS Ngisi. . .Ob, THE BICOL STAR AUGUST 29, 1970 gisi...Oh9Payaso...Ngisi! .. nurat ni JUANING ROSALES NICOLAS Director Can Bicol Dramatic Circle Dolot Sa Mga Nabigo Sa Pagmamahal Payaso, Ngisi! . . .sagcod an puso mo mag-dugo dahil sa-sarong babaye, pag-mahal mo ay nabigo, Kinawat-Kawatan lamang, pamomoton mong mahiyo dangan ica binayaan, nagdudusa, nag-momondo. Gabos mong hiniro-hiro can publico ngingishan, dabil mayo nin pag-aram, can tunay mong namatean, aco simo minadamay, can saimong casawian, can pait nin capaitan, can puso mong nalugadan. Caming mga Manunurat tataong makidamay sa mga tawong nabigo, sa pag-mamabal sa buhay, ta minsan ngani cami, ay; Poeta nin ca-apihan alagad ta an puso mi, iguang ginto na bulawan. Tatao caming maherac, sa tawo na mayong palad na siring simo Payaso, na an puso iguang lugad, ngomisi ca pangisiha, an publico gabos nangad ngani sindang maogma can saindang ibinayad. Pacatapus domigdi ca, sasacuang mga takiag sacuya ca yayacapon, na tagub nin pag-caherac, cun hararom si nalugad, can punal na isinaksak can babayeng minahal mo, mayong puso!... mayong calagl... Mayo cang roacocoa, sa tinacsil nin babaye orog ngonian na panahon, na an gabos "easy-easy minsan “falda” nin “vestido” haraliput nang labi-labi lingawi na si naca-agui... ngisi oh Payaso...ngisil... CANDIDATE R. ANDAYA BARES HIS CONSTITUTIONAL. PROPOSALS I am of the firm conviction that a delegate, as the term implies, should express and articulate the sentiments, the asoiiations and the collective hopes of the people he represents. I have gone around and have felt the public pulse. A delegate should not impose his own whims and ideas in utter disregard of the mandate of the electorate. The yearnings of the masses of our people should find enduring expression in the new fundamental law of the land. And to translate our people’s expectations into reality, it requires no less than the performance of our duty to ourselves, to our country and posterity to elect delegates who are men of integrity and capabilities, who can stand their ground in the arena of ideas, so to speak, who are beholden to no vested group or interest and whose first and ultimate loyalty is to the people they are bound to serve. I wish to emphasize that public school teachers, more than ever before, will play a crucial role in the coming elections not only in their proven capacity as dedicated and courageous guardians of the ballot but also, and more so, as leaders of the community whose idealism and influence can go a long waytowards an intelligent choice of delegates who can be faithful to the public clamor for a better tomorrow. I am proud to say that I come from a family of public school teachers - my mother and my sisters all being in the same noble profession. And as a college professor myself, I naturally have that sense of belonging and affinity to their cause. As contained in my certificate of candidacy but due to verbiage limitations, here are but some of my proposals for the consideration of our people: Meaningful social reports for the[ uplifment of the masses. This includes old age benefits for all. Real autonomy for local governments, including barrios, through independent funding scheme such as automatic retention or release of funds. Appointment, supervision and control of judges by the Supreme Court. Automatic appropriation to do away with “paper” appropriations Synchronization of elections substantial support to school (Cont. on page 4) fion of obscene and pornographic films in the City of Naga, Whereas, obscene and pornographic movies had been one of the strong factors contributing to the present deteriorating public morality; Whereas, such kind of movies defeat the purpose and need of the people for a healthy recreation suited for both mind and body; Whereas, pornographic and other immoral films not only sensationalize distorted concepts of sex and morality in general, but also create among the young many doubts, feers and bad influence; BE IT THEREFORE RESOLVED AS IT IS HEREBY RESOLVED that immediate and decisive action be made by the municipal Board and the Board of Censors of the City of Naga to stop the rampamt exhibition of obcsene and pornographic films in the City of Naga. BE IT FURTHER RESOLVED that the Municipal Board and/or the Board of Censors of the City of Naga take immediate and legal action against the Albe -Jade and Metro theater owners inasmuch as these abovemen tioned proprietors have continued to ignore the complaints of various civic institutions and; student groups regarding their constant exhibition of “smut” films. Finally, BE IT RESOLVED that copies of this joint resolution be furnished to the members of the Municipal Boacd of the City of Naga and the Board of Censors for this city. Done this 22nd day of August nineteen hundred and seventy, in the City of Naga. APPROVED BY: Ariel Abonal, President, ANSCO Ateneo de Naga; Quirino Blasco Jr. Editor, The PILLARS, Ateneo de Naga; Willie Sibulo, President, ACIL Ateneo de Naga; Mary Anne Theresa Nael Rep., Women’s Council. Ateneo de Naga; Luis Garchitorena, President, SSG Cam, Sur Nat. High School; Sonia Ma. Belen Representative, GSP, Cam. Sur Nat. High School; Nemia Aquino, President, H.S. SCO Colegiu de Sta. Esabel; Isabelita Lucido, Representative, H.S. SCA, Colegio de Sta, Isabel Maria Manzanero, President, College COM Colegio de Sta. Isabel; Angelina San Juan, Representatives, Catechists, Colegio de Sta. Isabel; Erlinda Sabio, President, College Luisas, Colegio de Sta. Isabel; Carmelita Palmiano,. President, College SCA, Colegio de Sta. Isabel; Cynthia Penalosa, Editor, The Isabelina, Colegio de Sta. Isabel, Tomas Rentoy, President, SSG and AC Frat, Naga College; Fe Villegas, Vice-President, Women’s Club, Naga College; Domingo Escuro, Kaburunugan Vigilantes, Naga College; ' Amelito Belen, President, Student Republic, CSNCAT; Romulo Fabul, NUSP Regional Coordinator, and National AudiRogelio Tormes, President, SCA and Vice-Chairman, Council of Students University of Nueva Caceres. APPROVED AND ATTESTED TO BY: ALICE SAN ANDRES (Continued on page 4) Studes denounce,.movies had been one of the strong factors contributing to the present deteriorating public morality;” ‘‘Such kind of movies defeat and purpose and need of the people for healthy recreation suited for both mind and body; “Pornographic and other immoral movies not only sensationalize distorted concepts of sex and morality in general, but also create among the voung many doubts, fears and bad influence.” DBP’The Bank.*. Its design concept is a refreshing departure from the old construction practice of filling up an entire Ipt at the expense of natural ventilation, sanitation and comfort of occupants. This explains the abundance of vast window openings at all sides of the building plus the presence of precast vertical fins and horizontal, sun baffles to reduce sun glare on work areas without prejudice to the design of the building. Added to this is the use of solar glass which also serves to minimize load on the air-conditioning. Prominent on both the Makati and Buendia sides of the building is the sign on the marquee RADICAL PLAN How the government can save money even without trying by Ireneo V. Guerrero, M.D. A very, effective way by which the government can save tremendous amount of money is by abolishing the present system of election, the House of Representatives and the Philippine Army. Philipgine election is always associated with graft and corruption and political killing. By abolishing election we will not only prevent untoward incidents but also effect saving to the government and candidates. Let us auction or sell to the highest bidders all elective portions instead. The saving plus the amount collected from the winning bidders can be chanelled to productive enterprises such as the establishment of factories and industries. The possible abuses by the winning bidders can be curtailed by limiting their acquisition of wealth to not more than twice the amount he spent during the bidding. This is easily aone considering that the asset of the candidates is known before the bidding and the amount bidded being a public knowledge. Let us abolish the House of Representatives and instead let us have a House of Govirnors and City Mayors. With better grasp of the problems of the provinces and cities, the governors, and City Mayors will be in better position to enact more and better laws than many of the longressmen. Huge amount of money otherwise would be spent for election, allowances, pork barrels, junkets etc by more than one hundred representathieves will thus be saved. Let us abolish the Philippine Army instead let us have a citizens Army. It is an admitted fact that our Army cannot defend the Philippine against the external aggression even for just few days. The Army with all the PC, Goonstabulory, Monkeys, etc. which seemingly area ideat for maintaining peace and order are actually promoting more chaos, disorder, vandalism and discontent. The soldiers are said to be bodyguards of \smugglers or tong collectors of gambling syndicates and the trouble makers or even the killers in many places. With the army abolished, the huge amount intended for it can be uli'ized to update and modernized the police department. Give the policemen comfortable wage and you can be sure of an efficient police organization which can truly maintain the much needed peace and oraer in this country. “Bangko Sa Pagpapaunlad Ng Filipinas” and the Bank symbol on the parapet wall, both made of bright polished brass finish. Enroute to the building, three entrances were provided to facilitate a smooth flow of pedestrian traffic, each entranee leading to the elevator lobby. All are with frameless type automatic doors. The main entrance on the Buendia Avenue features a canopy cantilevered 18 feet and flanked on each side by landscaped areas. The entrance on Makati Avenue is through a loftly marquee and up the bridge and canopy overlooking a rectangular pool accented with a timed multi-effect color-changing central foun- - tain 12‘ diameter spray ring with 6 different light and water patterns flanked by 24 fountain nozzles all lighted by colored underwater bulbs. This is neutralized by the use of solar grey polished plate glass which serves as its background. The other side entrance faces the cantilevered concrete roof-covered parking area. It provides convenience to car owners utilizing the Bank’s parking area as well as the Ayala lot nearby. (To be Continued) CC Candidates forum at DBP Bldg. Sept. 1 Under the leadership of A. A. Haya, branch manager of the Development Bank of the Philippines in Naga City, a public forum will be held next Tuesday afternoon (3:30 p.m.) Sept. 1, at the hall of the DBP at Panganiban avenue. Seven candidates of the first district for delegates to the Constitutional Convention in next November 10 election have been invited to speak and discuss their plans and proposals should they be elected delegates to the convention. The seven candidates invited are Antonio M. Sison, Antonio M. Carpio, Ramon A. Diaz, Luis C. General, Jr., Raul Roco, Fred Cledera, and Manuel I. Abella, lawyers.