Preamble
WHEREAS, the economic and social stability of the Philippines depend in large measure upon the sustained growth and development of the sugar industry; WHEREAS, due to chronic imbalance in production, the sugar industry is barely able to meet the requirements of the domestic and United States export markets while foregoing entirely new opportunities in the world market, notwithstanding the large investments made in new milling facilities in recent years with government support; WHEREAS, it has become necessary to organize a mechanism to give sustained support to the sugar industry in all phases of its operation and potentials, and moreover, to provide conditions needed for its continued development and growth with the end in view of optimizing its effectiveness as a factor for social and economic good; and WHEREAS, our sugar limitation laws when enacted were based on conditions existing in the years 1933 and 1935 and may no longer be realistic and adequate to promote the development and stability of the sugar industry; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, as amended, and upon the recommendation of the sugar planters, millers and traders of the Philippines through their associations and cooperatives, do hereby decree and order the creation of the Philippine Sugar Commission as follows: