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The 1919–1922 Philippine financial crisis resulted as a consequence of an economic crisis which began in 1919 along with the mismanagement of the Philippine National Bank. Due to the Wood-Forbes Mission in 1921, there were questions among Filipino politicians on who should take responsibility.
The Filipino members of the Wood cabinet, including the entire Council of State, tendered their resignations to protest Wood's actions. [73] These events, the "Cabinet Crisis of 1923", strained relations between the U.S. colonial government under Wood and Filipino leaders, which lasted until his death in 1927.
During the so-called Cabinet Crisis of 1923, he, together with other Cabinet Secretaries, resigned en masse over a dispute with Governor General Leonard Wood. He was the Chairman of the Philippine National Bank from 1923 to 1931 before becoming its President from 1932–1935. [3]
February 18, 1936 – November 15, 1938 Manuel Roxas: November 26, 1938 – August 28, 1941 Serafin Marabut: August 28, 1941 – December 29, 1941 Secretary of the Interior: Elpidio Quirino: 1935–1938 Rafael Alunan: 1938–1940 Secretary of Justice: José Yulo: November 15, 1935 – November 1938 José Abad Santos: December 5, 1938 – July ...
Manuel Luis Quezon y Molina [b] GCGH KGCR (UK: / ˈ k eɪ z ɒ n /, US: / ˈ k eɪ s ɒ n,-s ɔː n,-s oʊ n /, Tagalog: [maˈnwel luˈis ˈkɛson], Spanish: [maˈnwel ˈlwis ˈkeson]; 19 August 1878 – 1 August 1944), also known by his initials MLQ, was a Filipino lawyer, statesman, soldier, and politician who was president of the Commonwealth of the Philippines from 1935 until his death in ...
Article 7, Section 16 of the Constitution of the Philippines says that the President . shall nominate and, with the consent of the Commission on Appointments, appoint the heads of the executive departments, ambassadors, other public ministers and consuls, or officers of the armed forces from the rank of colonel or naval captain, and other officers whose appointments are vested in him in this ...
Philippine Vice President Sara Duterte resigning from posts in Marcos' Cabinet as alliance flounders
The elections of 1938 proved to be historic in two ways: It was the first and last time that a single party would secure 100 percent of the seats in the legislature, with the Nacionalistas winning all 98 seats; and it ushered in the years of one-party rule in the country. [2]