Proceedings of the first Independence congress : held in the city of Manila, Philippine islands, February 22-26, 1930 / Published under the direction of Dean maximo M. Kalaw, executive secretary, University of the Philippines.

MINDANAO AND MOUNTAIN PROVINCE 283

Estimated values:
Eight hundred municipal governments
as corporation at 1,024 Ha. each.
Capital at P10,000 each..........
Necessary capital for Mother Co....
Capital to be subscribed..........
Annual rent at P50.00 Ha........

819,200 Ha.
P 8,000,000.00
100,000,000.00
92,000,000.00
40,060,000.00

RESOLUTION
Presented by Paterno Zaballero
Petitioning the Philippine Legislature to approve the
Perez nationalization of highways plan with a particular attention to Mindanao.
Whereas, it has always been the intention of the Philippine
Legislature to solve the so-called Mindanao problem;
Whereas, the only solution of this problem lies in the extensive road building in that Island; and
Whereas, the Perez plan of Nationalization of Highways is
the only solution to that problem.
Therefore, be it resolved, as it is hereby resolved, that the
Independence Congress (Mindanao Section) petition the Philippine Legislature endorsing the Perez Nationalization of Highways Plan with particular attention to Mindanao.
Manila, February 26, 1930.
Approved unanimously.