WHEREAS, financially sound and efficiently-managed agricultural cooperatives responsive to and adequately meeting the imperative of increased production and effective marketing are vital to our economy;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby create an Agricultural Cooperative Development Committee composed of the following:

Dr. Vicente U. Quintana
	Acting Director, ACCI-UP ..........................................................................................................		Chairman
Mr. Alejandro R. Cuadro
	Chief, Cooperatives Division, ACA..............................................................................................		Member
Mr. Teodoro P. Malasig
	Chief, Cooperatives Division, APC..............................................................................................		Member
Atty. Clemente Terso, Jr.
	Cooperative Specialist, ADCR ...................................................................................................		Member
Mr. Hector A. Rivera
	Technical Assistant, DRB-CB .....................................................................................................		Member
Mr. Marciano Cosio
	Training Division, CDC, PACD .....................................................................................................		Member

The Committee shall have the following specific objectives:

a) Develop a system of integrating and consolidating the members and business of existing Farmers ™ Cooperative Marketing associations;

b) Improve the quality of manpower involved in cooperative development activities;

c) Develop effective cooperative methods of procurement and distribution of agricultural inputs, including equipment and the marketing of farmers ™ produce;

d) Devise a financing scheme that will provide adequate and timely credit to cooperatives and their farmer-members; and

e) Provide adequate management counseling, effective supervision and guidance to agricultural cooperatives.

The Committee shall meet at the call of the Chairman and for the purpose of discharging its functions, may create sub-committees as may be necessary.

The Committee is hereby authorized to call upon any department, bureau, office, agency or instrumentality of the government, including government-owned or controlled corporations, for such assistance as it may need in discharging its duties and functions,

Done in the City of Manila, this 9th day of October in the year of Our Lord, nineteen hundred and sixty-eight.


By the President:

(Sgd.) JOSE J. LEIDO, JR.
Acting Executive-Secretary