The President’s Day: June 27, 1944

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DEPARTMENT OF INFORMATION AND PUBLIC RELATIONS

C O M M O N W E A L T H O F T H E P H I L I P P I N E S

June 27, 1944

FOR IMMEDIATE RELEASE:

To represent the Philippines in the United Nations Monetary and Financial Conference in Bretton Woods, N. H., July 1, President Manuel L. Quezon appointed as delegates Hon. Andres Soriano, Secretary of Finance, Chairman; and Hon. Jaime Hernandez, Auditor-General, and Mr. Joseph A. Foley, Manager of the Philippine National Bank, N. Y. Agency. Mr. Ismael Mathay, Technical Assistant to the Auditor-General is Secretary to the delegation.

As one of the United Nations, the Philippines which will participate in the Conference has been invited to attend the preliminary conference in Atlantic City this week to prepare the agenda.

The Philippine peso is tied to the United States dollar on a two to one basis and is maintained by sufficient reserves deposited in the United States.

PR-89

Source: Arturo Rotor Papers, Pardo de Tavera Special Collections. Rizal Library, Ateneo de Manila University

Press Release. (1944). Arturo Rotor Papers, Pardo de Tavera Special Collections. Rizal Library, Ateneo de Manila University, Quezon City, Philippines.

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