Wednesday, July 17, 2019

Introduction Hacienda Luisita

Introduction Hacienda Luisita was once part of the throttleings of Compania global de Tabacos de Filipinas, Sociedad Anonima, wagerer k instantaneouslyn as Tabacalera, which was founded on November 26, 1881 by a Spaniard from Santander, Cantabria and Santiago de Cuba, adopt Antonio Lopez y Lopez. He was the fore close Marques de Comillas and was known for being an associate of the first Spanish rush Minister with foreign blood, the Spanish-Filipino mestizo Don Marcelo Azcarraga y Palmero.His coitus on his Spanish side, Ricardo Padilla, married Gloria Zobel y Montojo (younger ane-half sister of Mercedes Zobel de Ayala de McMicking, largest Zobel owner in the Ayala theme of companies) and was an aide-de-camp of Juan de Borbon, Count of Barcelona, father of the actual King of Spain, His Majesty DonJuan Carlos de todos los Santos de Borbon y Borbon-Dos Sicilias. The the three countrys was named afterwards Antonios married woman, Luisa Bru y Lassus.Their son, Claudio Lopez, the second to befuddle the title , donated some of the benefits to the Jesuits to fix the Pontifical University of Comillas, a university outside Madrid. Lopez acquired the estate in 1882, a year forward his death. Lopez was a financial genius who parlayed his utilisation adventures in Cuba and Latin America into a steamship, companies and trading line of merchandisees. He was the more or less prestigious Spanish businessman of his generation and counted the Prime Minister and the King of Spain as his ain takeoff rockets.Tabacalera was a private enterprise he founded with the sole intention of taking in either over the Philippine Tobacco Monopoly from the Spanish colonial government. This included the Hacienda Antonio (named after his eldest son), Hacienda San Fernando and Hacienda Isabel (named after his eldest daughter) in Cagayan and Isabela provinces where the legendary La Flor de Isabela cigar was cultivated. Tabacaleras incorporators were the Sociedad General d e Credito Inmobiliario Espanol, Banque de Paris which is now Paribas and Bank of the Netherlands which is now ABN-AMRO.The cabbage and baccy in the Philippines were the reason why the Lopez de Comillas family were able-bodied to donate such a big pontifical university to the Jesuits on top of lavishing on their home, the Palacio de Sobrellano in Comillas and the Guell park (designed by Gaudi) in Barcelona. Don Alfonso Guell y Martos born in 1958, the fourth Marquis of Comillas, currently holds the title. He is in both case the Count of San Pedro de Ruisenada, the third to hold that title. Both are grandee status in Spain and as such can ring the King as mi primo or my cousin.Contrary to what was expected, Spanish-own Hacienda Luisita did not smart when the Americans took full control of the Philippine government. In fact, Tabacalera as a whole go through and through prosperous eras because of the legendary winsome tooth of the Americans. With Cuban starting line not pa ssable for their domestic market, the Americans tapped the Philippines for its colecane requirements. At peer slight point during pre-war manila times, Hacienda Luisita supplied almost 20% of all in all moolah in the linked States.Luisita sugar became popular among Filipino (specifically Ilocano) expatriates in America just as such(prenominal) as Victorias sugar was popular among manilla papers elite circles back home. The Americans in addition brought the centrifugal-based machinery which doubled the production of the estate and thereof did not require the cane to be loaded by truck to lagoon to be squeezed in the haciendas there, including those of the Roxas y Zobel families. As this spic-and-span engineering swept in Luzon and the sugar mills consolidated, many another(prenominal) besotted families fell into foreclosure or combined their resources. or so of the brave few like Honorio Ventura (who stipendiary for Diosdado Macapagals schooling), the De Leons, Urquicos , Lazatins and the Gonzalezes did just that which is how PASUDECO came into being. Structurally, there was lowly change in the hacienda Tabacalera y Compania positi iodinedSpanish-Filipino and American-Filipino encargados and administradores to fill in the vast estate. Like all haciendas and tabacaleras in the Philippines, the Hacienda Luisita continued to operate during the Nipp superstarse occupation.The Nipponese were bent on ensuring that commodities such as sugar and rice be make available to the legal age of the Filipinos, because avoiding any tempers of additional insurgencies and guerilla movements. The Spanish-Filipino administrators simply determined their subordinates, lacquerese journeymen (who, like many deprive Chinese im migratorys from Fujian fled south to the Philippines for a better life) and Korean stevedores working as machinists in the centrifugal system, to the helm.This kept both the Japanese and the Spanish in impregnable terms as both their intere sts were protected. As a matter of fact, even before earthly concern War II, the Tabacalera had in their payroll a good number of Japanese unsettled workers doing odd jobs around Hacienda Luisita. (Before 1942, the Philippines was a first class colony in Asia spell Hong Kong and Singapore were poor cities Tokyo and Japan as a whole was comparatively close-fittingd from the outside world then).When the Japanese Imperial Army marched into the country, these lowly migrant workers became valuable translators and managers. In conjunction with re-taking the Philippines from the Japanese, on January 25, 1945 General Douglas MacArthur moved his advanced headquarters forward to Hacienda Luisita. In the 1950s, the onset of the Hukbalahap confusion led the Spanish owners of Tabacalera to sell Hacienda Luisita and the sugar mill Central Azucarera de Tarlac.Ramon Magsaysay, then prexy of the Philippines, blocked the sale of the plantation to the glowing and wealthy Lopezes of Iloilo. Duri ng those times the br some others Fernando Lopez and Eugenio Lopez as considerably as their cousins were one of the wealthiest in all of the Visayas Islands, save for a few Chinese Filipino families in Cebu and Leyte, as healthful as the Familias Aliadas de Villegas, Teves, Lopez, y Rodriguez (a family with origins from Santander, Galicia, & Asturias as rise up as China Teves).Fearing the Lopezes might set out too powerful after already owning Meralco, Negros Navigation, manilla paper Chronicle, ABS-CBN, various haciendas in westerly Visayas and then the nearby PASUMIL consortium in del Carmen, Pampanga that they purchased from the Americans, the prexy offered the property to Jose Cojuangco, nicknamed Pepe through Magsaysay protege and Cojuangcos son-in-law, Benigno Aquino. Magsaysay withal knew the Cojuangcos through his married woman, Luz, of the prosperous Banzons, an old Chinese Filipino family. Unfortunately, chairman Ramon Magsaysay died in peck Manunggal, Cebu in 1 957.The sale was consummated in electric chair Carlos P. Garcias term, a close ally of then Senator Ferdinand Marcos and quintuple geezerhood from the day chairwoman Magsaysay offered the land. The Jose Cojuangcos were wealthy in land and bank holdings and in Philippine pesos. They were not wealthy in get together States one dollar bills which was closely regulated then by the Philippine Central Bank. In fact, Pepe and his wife Metring were not able to send Pepes younger brother Eduardo Sr. (Danding Cojuangcos father) to the united States for treatment for the mere fact that they could not exchange their pesos to dollars.Eduardo Sr or Endeng Lalake later died of kidney failure. The Jose Cojuangcos acquired the property in 1958 through a loan from the Government assist Insurance System and a dollar loan from the Manufacturers Trust Company of youthful York, which was guaranteed by the Central Bank of the Philippines, with admit from Miguel Cuaderno, its governor. Pepe also r educed his stake in the Paniqui lollipop Mills, though he and his cousins assuage managed it on behalf of his aunt, Ysidra Cojuangco, the matriarch. Hacienda Luisita was the largest investment he ever so made.With the ink just now dry, he decreed not his eldest son Pedro however his son-in-law Benigno Aquino Jr as administrator. Pepe and Ninoy introduced an almost social wellbeing state fire medicines and check up, scholarships to colleges, complimentary education, sinless food and equitable shares to the harvest, free child care and nutrition, free burials, a village with housing earmarked for the maturateers, even free gasoline to the tractoras. Like the Paniqui Sugar Mills, not a single workers strike was instigated during their administration.Pepe barely made any money from the Hacienda Luisita. catch that the value of the Luisita is in the farmers who till it, he chose to rehabilitate the Filipinos who before were almost slaves at a lower place the Tabacalera. He was able to sustain these losings repayable in part of his other more money making investments in the Bank of Commerce and world-class manilla Management which owned the Pantranco buses and the Mantrade group. As Ferdinand Marcos was elect for a second term in 1969, the reverse happened to Pepe.At Bank of Commerce, where he and his brother Juan Itoy Cojuangco and nephews Ramon Cojuangco(later of PLDT son of relative Antonio Cojuangco Sr) and Danding Cojuangco (eldest son of deceased brother Eduardo Cojuangco Sr) each owned equitable stakes, the last three factions plan a coup d etat by toppling him from the presidency of the said bank. The three did not want Pedro (Pepes first born) to be bank president which was against the aging Pepes wishes. To avoid a scandal, Pepe Cojuangco sold his remain shares in Bank of Commerce, almost pair to 28%, to his relatives.Thus Pepe lost his one of eventually three lifelines in nurturing the Hacienda Luisita. As the mid-seventies crept in a nd immediately after Benigno Aquino Jr imprisonment on false charges, Pepes business empire began to wane. He was uneffective to purchase new machines and new technology for the aging sugar mill that stands in the middle of the estate because of the governments refusal to Pantrancos appeals for higher charges as compared to its competitors who halt since been permitted so.Business critics believed it was Marcoss way of pressuring Pepe to determine his son-in-law from attacking him and his wife, First Lady Imelda Marcos(who of late reinforced the Cultural Center of the Philippines and whom Ninoy label as the new Evita Peron). His close business associate in First Manila Management of the Pantranco / Nissan Philippines / Mantrade fame, Manuel Lopa, died in 1974.With his death, the FMMC-Mantrade companies lost their opposition from the Marcoses (Manuel was a close personal friend of Speaker Daniel Romualdez, Imeldas uncle). Ambassador Benjamin Romualdez, brother of Imelda, then c oerced Pepe and his son-in-law, Ricardo Baby Lopa (Manuels son) into selling the collection of 38 companies down the stairs First Manila Management to him. Baby and his wife Teresita Cojuangco, together with Pepe and the rest of the Lopa heirs, had no select but to sell. The second lifeline disappeared with this extortion.In 1976, First United Bank, the banking concern Pepe built on his own after his ousting from the family owned Bank of Commerce which he saved from bankruptcy decades ago, was sold for an affectionate amount to his nephew, Danding Cojuangco, who was then close to death chair Marcos, with both mothers being Ilocanas notwithstanding. The poorest branch of the Cojuangcos, the Eduardo branch, has begin the richest through the sheer genius of Danding. though this third lifeline disappeared in good terms, the Jose Cojuangcos were left with nothing but a half-rehabilitated and barely earningwhite elephant of a hacienda.Practically all of his farm workers mourned his death. Many flooded his funeral grass to see him off. Pepe Cojuangco died on August 21, 1976, five years from the day of the Plaza Miranda bombing. His wife, Demetria Sumulong-Cojuangco, died due to colon cancer (the same unhealthiness that killed daughter Cory Aquino). Both died disappointed and broken-hearted. Their children and grandchildren zealously took key positions in the holding ships company to save the hacienda from the creditors, all of whom wanted to slice Luisita away save for Chinabank of Binondo, who defied the anger of President and Mrs.Marcos by continuing to help them. Chinabank was partly owned by the Dee, Sycip and Lim families. With Ninoy and his wife Cory Aquino in exile in Boston, the remaining children took drastic steps in ensuring that the hacienda continued to equal and operate. To maximize the productivity of sugar and therefore profitability, a certain level of economic system must be reached. Thus the Jose Cojuangcos seek their best to keep the Luisita in one piece. They refurbished and re-used old 1950s era farm machines and tools, doubled capacity production hold low expenses.There were a bargain of reasons why Luisita remained in Cojuangco hands. One, it helped that Danding Cojuangco was the de facto kingpin of Tarlac and his variety mother Josephine Murphy Cojuangco was still accessible to them. For Marcos to touch Hacienda Luisita he also would keep back to force Agrarian Reform into the Ysidra Cojuangco haciendas which were under the supervision of Danding Cojuangco. Thus, many haciendas around Luisita were hacked to littler pieces such as those of the De Leonsdisambiguation indispensable ,Escalers, Urquicos, Arrastrias, Quiasons and Gonzalezesdisambiguation needed but not those of the Cojuangco.Two, it helped that the price of sugar spiraled so high because of President Marcos and Roberto Benedicto manipulating the sugar prices primarily in Negros Occidental. Third, Ninoy Aquino was not in the Philippines la mbasting President Marcos in the underground movements. For as long as the Marcoses heard less of Pepes son-in-law, the less government press there was on the Jose Cojuangcos. Most importantly, it helped that most of the farm workers who remember Pepe understood the abstinence measures his children had to implement.On Pepes death anniversary and that of the bombing of Plaza Miranda, Ninoy Aquino was gunned down in broad daylight, August 21, 1983. Upon the installation of his wife, Cory, Pepes daughter, the property was folded into the Hacienda Luisita Incorporated established on August 23, 1988. 1 In compliance with the general Agrarian Reform Program which at this time around did not apologise anyone whether or not they were close to President Marcos before, nearly 5,000 hectares of Hacienda Luisita were placed under a blood line scattering agreement amongst the landowners and farm workers.President Aquino wanted to make sure that all farmers rights are recognized. If the fa rmers agreed for a stock distribution agreement then the plantations would also remain intact. Many haciendas, including those assembled by Ysidra Cojuangco a century before, did not qualify or the farm hands there refused the offer. Thus, the majority of all Cojuangco lands disappeared while a Cojuangco was President of the Philippines. This caused a silent rift in spite of appearance the Cojuangco clan.All the lands where sugarcane and molasses were derived to feed the Paniqui Sugar Mills were hocked to appease the government course of instruction and those of the angry farm workers. Hacienda Luisita was saved by the perseverance of Corys siblings and the fact that most of the farm workers signed the agreement, counting that one day the life in Hacienda Luisita would be just as good as the time when Pepe and Ninoy used to managed it. However, development and new technology did not arrive in Cory Aquinos term. She barred any relative from starting any new businesses.Furthermore, she forbade many among her siblings and cousins from retaking the family businesses lost in the 1970s unless it was sold back to them (as with the case between Romualdez selling back First Manila Management to the Lopa clan) or was awarded to them by the PCGG or Presidential Commission on wide Government. The old sugar mill in the middle of Luisita remained rickety and with holes in its roofs. after 1992, Cory Aquino stepped down from the Philippine presidency. That was also the time that elder brother Pedro Pete and sons Melecio Mel and Fernando Nando entered the hacienda hoping to make it profitable.cognizant of the farm workers, they instituted very slowly the monetary reforms to achieve this goal. This partly explains why any year from 1988 until 2008 the Hacienda Luisita and itsCentral Azucarera de Tarlac posted hundreds of millions of losses. Only in 2009, buoyed by the huge demand for sugar and the unpredicted fluctuating prices of Brazilian sugar, did the family tum pos t a profit. The various siblings halt contributing money from their own non-hacienda corporations for the attain of Pepes hacienda, which was a huge take a breath of relief for them.On the other hand, the perplexity style of the Pedro Cojuangcos lacked the charisma of the deceased Ninoy. His United States educated children, Mel and Nando, continue to strive to slake the needs of the farmers while balancing the budget. Sadly, when profit arrived so did the workers strikes. The unrest was diabolic on the allies of current President Gloria Macapagal Arroyo who were shock to see Cory Aquino joining anti-Arroyo rallies. Some blamed Danding Cojuangco since owning the hacienda would complement San Miguel and Ginebras ethyl, molasses and sugar needs. This was refuted by Danding himself and his cousins believe in him.In 2005, the segment of Agrarian Reform canceled the stock distribution agreement, citing that it had failed to improve the lives of more than 5 000 farmer beneficiaries. Hacienda Luisita Incorporated appealed this decision, but in whitethorn 2006, the Presidential Agrarian Reform Council spurned with finality the motion of Hacienda Luisita Incorporated to view the revocation of the stock distribution agreement. However, the arrogant Court issued a temporary restraining order, halt the Presidential Agrarian Reform Council from tryst out the land to the workers.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.