March 15, 1936

Visit from Colin Hoskins–who said he was rather hurt that Quezon did not let him know before accepting his resignation as a director of the Philippine National Bank, but that he thought Quezon was right in Filipinizing it, and in excluding business men from the board, because “the more successful they had been, the more predatory the type.” I asked him about the sugar mill shares–he said all bank’s holdings were being bought up by Filipino interests–that the Jones-Costigan law was apt to continue, and under that, all the companies could liquidate their capital in five years, or even four. He thought very well of de las Alas, who is vigorous and yet prudent.

Luncheon at Malacañan in honor of Isauro Gabaldon who is sailing in Vittoria for six months in Spain and in Germany, where he is going to take the waters for diabetes. I was glad to see him and Quezon reconciled. Spoke of this and of Palma, to Quezon who said he was pleased to “recognize” them after giving them such a licking. Had a nice letter from Palma. He added that Gabaldon was one of the finest characters they have in the Philippines.

There were about thirty guests in the old dining room at Malacañan– the first time I had been there under the Filipino Government. I was the only American present. Former Residents Commissioner Gabaldon, Guevara, Delgado and Osias were there–also Alunan, Nieto, Gil, Montilla, Lacson etc. I sat between Mrs. Quezon and “Baby.” Mrs. Quezon told me that she had not been entertained by the Governor General in Java, and had refused to put herself forward as she was traveling incognito. It is evident that the Dutch are uneasy about the effects that Philippine independence will have on the Javanese.

Mrs. Quezon and I made many arrangements for our trips in April. Quezon and his wife showed great affection for one another.

The President said he wished to attend the coronation of Edward VIII in London, and I said I would like to go with him. Said he would have arrangements made through our State Department for his accommodation in London.

I asked him whether now that he had organized his government it would operate with vigour? He was positive it will.

Asked him when he was going to inaugurate his bridge and poker club for the members of the Assembly in the new basement at Malacañan. He replied that it was not quite finished. I told him the Assemblymen were in a mood when it would be a good gesture–he answered: “Not until I have given them a licking!” I laughed, so he had to join in.

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