tag:blogger.com,1999:blog-11987503.post5979968137421299056..comments2023-09-28T05:38:56.877-07:00Comments on THE FILIPINO MIND: THE RECTO READER: Parity Rights, Currency Dependence, Foreign Loans versus Foreign Investments, Part 2E of 6Bert M. Dronahttp://www.blogger.com/profile/06864941770380173324noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11987503.post-67117731049266276852016-02-21T00:55:00.759-08:002016-02-21T00:55:00.759-08:00This comment has been removed by a blog administrator.Anonymoushttps://www.blogger.com/profile/11568019503901314992noreply@blogger.comtag:blogger.com,1999:blog-11987503.post-48187503384795395452012-10-23T05:44:57.817-07:002012-10-23T05:44:57.817-07:00Hi All,
Please note the below statement regarding...Hi All,<br /><br />Please note the below statement regarding a major and disastrous impact of Parity Rights on our national patrimony; and consequent generational poverty of the native Filipino majority.<br /><br />CONCLUDING OBSERVATIONS: (Extracted from " Alien Interests in the Land (1900- Present)" - Prof. Perfecto V. Fernandez, U.P. Claro M. Recto Professorial Chair on Constitutional Law, 1984-1986.)<br /><br />********<br /><br />Under the Constitution of the Philippines (1935 as well as 1973), one of the broad objectives postulated for the Government is "to conserve and develop the patrimony of the Nation" which is set forth in the Preamble.<br /><br />From the foregoing exposition, however, the National Patrimony (in the sense of public domain) has been steadily dwindling, and may reach the vanishing point before the century ends. <br /><br />Stress must be given the fact that, to begin with, the National Patrimony had been greatly reduced by the beginning of this century. Much of the best lands had been taken over by the Church and its religious orders, and vast tracts had been deeded by the Spanish monarchs under royal grants.<br /><br />All these became vested rights under the Treaty of Paris, and the episode of the Friar Lands only underscore the problem of getting back choice lands once they get into alien hands.<br /><br />During the long period of Spanish rule, the lands taken by the colonizers were arable and residential lands. <br /><br />During the much shorter period of American colonial rule, the choice of the colonizers shifted to mineral and timber lands. <br /><br />Some of the richest deposits of valuable ore were taken over by Americans and their companies, and most of what was taken have remained in their hands. <br /><br />Such alien acquisitions continued during the Commonwealth period, and also during most of the life of the Republic up to this time, by force of the Parity Amendment.<br /><br />Under the present Constitution, the alienation of the remaining National Patrimony has taken other forms. Large tracts have been given away under management or service contracts with the Government, and even larger areas could be placed under alien hands through international<br />agreements. <br /><br />The situation is aggravated by alien take-over of private landholdings under management contracts, and to a lesser degree, under increasing resort to growers' agreements.<br /><br />There is bitter irony in the situation that has emerged, that the sovereign power of the Filipino people expressed through their fundamental law, is used to maintain alien control and enjoyment of the lands taken from the Nation.<br /><br /><br />(Source: U.P Philippine Law Journal, Volume 59-1984)Bert M. Dronahttps://www.blogger.com/profile/06864941770380173324noreply@blogger.com