The Manila Times, Thursday, 5 February 1942
A group of private investors has announced the formation of a new venture to construct and operate the nation’s largest steel works, to be built at Iligan City in northern Mindanao. The firm, registered as the National Steel Company, has been authorized a capitalization of twenty-five million pesos, of which more than half has already been subscribed. Construction of the new works is expected to commence immediately and the investors indicate that the first steel ingots will be cast some time in 1943.
Manila, The Malacañan Palace, Thursday, 5 February 1942
Andres Soriano, leader of the Provisional Government, exited his car beneath the porte-cochère of the palace and strode towards its bullet-pocked doors while his aide closed the car door behind him. “There is much we still need to repair,” he thought. He had made the journey from the Senate Chambers to the Malacañan many times in the last months, necessary until a new government could be inaugurated. That, he mused, would be remedied soon. Today he had a meeting with the permanent under-secretary of the Foreign Ministry.
“Good morning Senator,” said Jose Laurel, the bureaucrat in temporary charge of the Foreign Ministry.
“Good morning,” replied Soriano. “Your message indicated a delicate and important matter.” Soriano felt constrained to come directly to the point.
“Yes,” Laurel replied. “As you know, we have entered into trade negotiations with the French, negotiations which are progressing rather well.”
Soriano nodded. “Yes; have there been new developments?”
“Indeed,” replied Laurel with a smile. “I have received a formal note from the French ambassador.” He handed the thick buff paper to Soriano; “It is quite interesting.”
Soriano quickly read document. The French government was, it seemed, quite willing to enter into a commercial treaty with the Philippines, and – the French prime minister, Monnerville, wished to visit the Philippines.”
“He wishes to make a state visit?” said Soriano in disbelief. “Such a gesture…” his words trailed off.
The Daily Guardian, Iloilo City, Friday, 6 February 1942
There are reports circulating in the capital that the Government plans to procure a substantial quantity of aircraft from Chile. The recent visit of the Chilean aircraft carrier Chiloe and her consorts appears to have made a deep impression on the Air Force and Navy staffs, but to date, no details have been announced. If true, it marks a significant change in the procurement policies of the armed forces, which heretofore relied upon Japanese or American designs.
The Mindanao Journal, Monday, 9 February 1942
The latest of the Navy’s new fleet destroyers, the Iraya and the Sembrano, were launched today at the naval shipyard at Butuan. They were quickly towed to the fitting-out basin where their sisters Pinatubo and Arayat are nearing completion. The ceremonies of their launch were attended by hundreds of well-wishing citizens and dockyard workers.