By virtue of the powers vested in me by law, I CARLOS P. GARCIA, President of the Philippines, do hereby create a Presidential Incentives Committee to study ways and means of giving incentives to producers in order to increase production of essential products and thus lower prices. The committee shall be composed of the following:

Hon. Antonio de las Alas Chairman The President, Chamber of Commerce of the Philippines Member The President, Philippine Chamber of Industries œ The President, Philippine Chamber of Agriculture œ The President, Philippine Bankers Association œ Mar. Gaudencio E. Antonino, President, Producers and Exporters Association of the Philippines œ Mrs. Trinidad F. Legarda œ Miss Helena Z. Benitez Member & Secretary Mr. Jose Hernandez Member Mr. Domingo C. Abadilla, President, National Press Club œ

The committee shall hold public hearings as soon as possible in order to get a cross-section of the views of all the economic segments of the country as regards the means to be adopted by the government in giving incentives to producers. After such hearings, it shall submit its report and recommendations to the President.

The committee is hereby authorized to call upon any departments, bureau, office, agency or instrumentality of the Government, including government-owned or controlled corporations, for such assistance or information as it may need in discharging its duty.

Done in the City of Manila, this 4th day of October, in the year of Our Lord, nineteen hundred and fifty-seven, and of the Independence of the Philippines, the twelfth.


By the President:
(Sgd.) FORTUNATO DE LEON
Executive Secretary