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RE ADI NGS in Philippine Histo RY
RE ADI NGS in Philippine Histo RY
ING ISTO
READ
PP IN E R EP U
RY
ILI BL
H 94 6- 195 3) IC
P (1 PRESENTED BY:
GROUP 5
Ms. Marielle Rico
Ms. Janna Jolea Claudio
Mr. Dom Gian Ocmen
GE 1210, 7:40 AM - 9:10 AM TTh
1st Semester, SY 2022-2023
ENING PRAYE
OP R
READINGS IN PHILIPPINE HISTORY
FLOW OF PRESENTATION
A. Specific Objectives
READINGS IN PHILIPPINE HISTORY
C. Material Facts
READINGS IN PHILIPPINE HISTORY
ORICAL TIMEL
IST INE
H
April 18, 1946 May 25, 1946 July 4, 1946
The U.S.- Philippine First Congress of the
Philippine Trade Act of 1946 The second Congress of the Trade Agreement was Republic of the
signed. Philippines.
was enacted by the U.S. Commonwealth convened. The inauguration of The Philippines gained
Congress Manuel Roxas as its independence.
president.
ORICAL TIMEL
IST INE
H
September 11, 1946 March 11, 1947 April 17, 1948
The debate on the parity amendment in President Manuel Roxas to the The first inauguration of Elpidio
the Constitution resumed in both the Filipino People urging approval Quirino as the sixth President
Senate and the House. of the Parity Amendment to the
of the Philippines occurred.
Constitution at the Plebiscite.
ORICAL TIMEL
IST INE
H
TICLE REVIEW
AR
This established a policy governing commercial trade between the Philippines and the
U.S. following the granting of the Philippine independence.
The Act included controversial provisions that linked the Philippine economy to the
US economy such as:
Its mandates that the Philippines modify its Constitution to grant American citizens
"parity" with native Filipinos in the ability to operate public utilities and businesses
that use natural resources.
After eight (8) more years of limitless free trade, there would be a 20-year period
of steadily increasing tariffs up to 1974, at which point there would be full tariffs.
Its insistence on the Philippines' currency being pegged to the dollar.
It demands that the Philippines refrain from exporting commodities that would
"come into considerable rivalry" with products created in the United States.
READINGS IN PHILIPPINE HISTORY
The Philippines gained independence after experiencing unequal and weak economic
performance that threatened the Filipinos' social, economic, and political lives.
On July 4, 1946, the American flag was lowered, and the Philippine flag was raised.
The U.S. colony was simply transformed into a neo-colony, which is a country that
claims to be independent politically but that, because of its fragile economy, is easily
exploited by stronger a nation.
READINGS IN PHILIPPINE HISTORY
The Philippine Rehabilitation or Tydings Act of 1946 was passed by the US Congress
and signed by the US President in this particular year—1946.
After completing its task in March 1951, it was terminated.
This Act established the US-Philippine War Damage Commission and gave it the
authority to spend $400,000,000 on settling private war-damage claims and another
$120,000,000 on restoring public property.
In accordance with the Act, the Philippines would receive $100,000,000 in US surplus
property. The Commission evaluated 1,248,901 claims while operating and distributed
more than $388 million.
Thousands of Filipinos could resume their businesses, agricultural operations, and
other endeavors thanks to the restoration of several buildings and infrastructure
across the Philippine Islands.
READINGS IN PHILIPPINE HISTORY
al Representat
isu ion
V