His administration was considered one of the cleanest and most corruption-free; his presidency was cited as the Philippines' Golden Years. Trade and industry flourished, the Philippine military was at its prime, and the Filipino people were given international recognition in sports, culture and foreign affairs. The Philippines ranked second in Asia's clean and well-governed countries. Magsaysay achieved to suppress the Huk as Luis Taruc surrendered to his administration. Majority of his programs that were implemented helped a lot in the fulfillment of this action. True to his words, this became reality during his term, the Filipinos most especially the common man was given the opportunity to be heard about their complaints and that their grievances were taken seriously. The masses had learned to exercise their rights under the Constitution without fear of vindictive repression. There were programs that helped to improve rural living conditions and oversee its development such as irrigation projects and artesian wells campaign. These additional irrigation systems were constructed and modern agricultural methods were introduced which resulted in higher production of rice with new varieties. The Laurel-Langley Agreement had some advantages for the Philippines but, eventually, it ended to the U.S. authority to control the exchange rate of the Peso. The bill also extended the sugar quota and the time period during which Philippine goods could be exported to the U.S. without tariffs: these measures were concessions to the Philippine elite, in recognition of their commitment to the American cause. The agreement also contained provisions encouraging foreign investment in the Philippines, allowing increased American economic control. In particular, it granted foreign individuals and corporations the legal right to own land, which was opposed by many nationalists. Magsaysay also signed the first Agricultural Commodities Agreement with the United...
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