ESTADO FEDERAL DE BISAYAS
ROQUE LOPEZ LETTER, JANUARY 7, 1899
[Original in Spanish. Newspaper. P. I. R., 912.2.]
JANUARY 7, 1899.
Taking into consideration that for the reconstitution and establishment
on a firm basis of our Republic, the needs of war, etc. * * *
ART. 1. The Government of which I am the President, extends a vote
of confidence to Citizen Sr. Raymundo Melliza, Councillor of State for
Leyte and citizen Sr. Manuel Locsin, Delegate of Justice of the Local
Board of Iloilo, in order that both, jointly or individually may negotiate
loans, for a term of three years, at three per cent per annum interest for
sums exceeding 5,000 pesos, and 2 per cent for sums, under 5,000 pesos,
for the same term; to accept advances without interest to be collected in
installments, during the present calendar year, it being permitted that
such loans and advances consist either of money current on the market,
or of products, or of objects in commerce and those useful to the support
of the army.
ART. 2. In order to guarantee these loans and advances, the Government
places at the disposal of its said commissioners, Sres. Raymundo
Melliza and Manuel Locsin, without any restriction whatsoever, all the
revenues of the State, and especially those collected in the province of
Iloilo, in order that they may be pledged for the account and risk of this
Government, in the most advisable manner, in accordance with law.
ART. 3. In order to protect and guarantee the public with regard
to the commissioners, I intend to make an inspection daily of their transactions,
either in person or through another person in whom I have confidence, and to remove them as soon as any irregularity is observed.
Let it be published in the official organ.
Given in the City of Jaro, January 7, 1899.