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Philippines / Marcos Giveaway #3622

ABC Evening News for Wednesday, Dec 31, 1969
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(Studio) Most Filipinos are poor; few very rich. President Ferdinand Marcos reported to be worth $125 million. Report on plans for his wealth.
REPORTER: Frank Reynolds

(Manila, Philippines) Marcos says he's giving all possessions to the people. To set up foundation to further education, technology, science, and arts In speech, says wealthy must help poor more. He'll crack down on corruption. Cntry. to have a period of austerity.
REPORTER: Lou Cioffi

Reporter(s):
Cioffi, Lou;
Reynolds, Frank
Duration:
00:01:30

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