He would like to return to Manila before the adjournment of the Assembly, he said. He also said that he was prepared to present factual material for possible modification of income tax laws prejudicial to American businessmen in the Philippines.
he surface has only been scratched," he said, in the economic development of the Philippines. The islands are fertile and the rich district of Mindanao, though not fully explored, is known to be teeming with minerals exclusive of gold, chromium and manganese," he pointed out The Goodyear Rubber Company's experiment of planting rubber trees in the Philippines will pay for itself within five years, he predicted. He also said that it was imminently possible that the Philippines would become an important source of crude rubber.
The High Commissioner said he would make an attempt to confer with officials regarding reports that the Philippines were to be included in the United States coastwise shipping laws Although he still believed in the Philippines capacity for independ, ence, the lack of economic prepareds was the one drawback of the economic situation, If the Tydings-McDuffie export tax provisions were not modified, he said the effect would be "suicide"—
United Pres
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