PRESS STATEMENT
ON
PURCHASE OF THE DILIMAN ESTATE AND ANOTHER
HACIENDA
[Released to the Press, October 8, 1938]
The news item appearing in yesterday’s afternoon newspapers to the effect that the Government had purchased two large haciendas, one for the University of the Philippines and the other for a subdivision project for the benefit of the employees of the Government, is not entirely correct.
One of these haciendas, comprising about 600 hectares, is now owned by the Philippine National Bank. It was acquired by the Bank in payment of an outstanding debt. Should the Government finally decide to authorize the transfer of the University of the Philippines, this land is considered one of the most desirable and convenient locations by officials of the University who are now studying this question. Final decision lies with the National Assembly and the President, and with the Board of Regents of the University.
The other hacienda is the Diliman Estate belonging to the Tuason family. It comprises about 1,600 hectares and is situated within a few hundred meters from Calle España.
One of the projects that are closest to the heart of the President is the improvement of the living conditions of the laborers and low-salaried employees, be they employed by the Government or by private concerns. The Government believes that it owes a duty to this class of its citizenry to help them live under wholesome and healthy surroundings, at a cost which shall be within their income, Proper home atmosphere is essential for the poor as well as for the rich, particularly for the children. Social welfare can only be built on decent homes.
All bids must be accompanied by a cash or certified check in the sum of fifty thousand pesos (P50,000.00) conditioned that the bidder will enter into an agreement with the Government to fulfill the terms thereof if the bid is accepted.
The right is reserved to reject any or all bids, to waive any informality therein, or to accept such bids as may be considered most advantageous to the Commonwealth Government.
Source: Presidential Museum and Library
