AMERICAN ECONOMIC POLICY The American congress set a $3M emergency

fund to import rice and carabaos from other

This pro-Filipino policy was also repeated in the Asian countries
Jones Law of 1916 and Tydings Mc Duffie Law of
1934 Modern farm tools from the U.S. were
introduced. American experts taught the Filipino
 PHILIPPINE BILL OF 1902 in producing crops, fight farm pests, and market
Declared that all public lands and natural their products.
resources of the Philippines were for the benefit
of the inhabitants FREE TRADE WITH AMERICA
Philippine products (copra, sugar, cigars, hemp, etc.)
WILLIAM HOWARD TAFT
were sold to the Americans. American products (cars,
The 1st American gov ‘t general
radios, appliances, cigarettes) were bought by the
Filipinos. Americans become the richest people in the
Said that the Philippines was for the Filipinos in
mid 20th C. So Filipinos were fortunate to have free
w/c new prosperity:
foreign trade with tem.
- Population explosion
- New land policy Under the free trade agreement, Filipino products
- Agricultural increase entered the US without paying customs tariff. There was
- Free trade w/ America a limit or quota to the amount of tax free Filipino
- Business boom products.
- New industries
- Improvement in transportation and BUSINESS BOOM
communication  1907 TO 1935
- Better gov’t budget Retail trade inside the Philippines also doubled.
- New banks Filipinos had more money to buy food, shoes,
- Participation in international exhibitions clothes, radios, toys, bicycles, and cars. The
NEW LAND POLICY Filipinos like to buy more imported goods.

Friar lands were sold to Filipino farmers. NEW INDUSTRIES

 HOMESTEAD ACT IN 1924  INDUSTRIAL AGE

Allowed any Filipino to own up 24 hectares
public land. This broke up the large haciendas
and gave more lands to more people.
All lands has to be registered and their owners
got torrens title. This is the certificate to own
the land. All land owners in the Philippines have
this land title.
AGRICULTURAL INCREASE
The Filipinos and Americans cooperated to revive
agriculture.
Favored the use of machines and the mass
production of goods in big factories
They invented mass production in big factories.
Mining and fishing became big industries.
Household cottage industries also bloomed.
Bulacan, Laguna, Tayabas, Bohol & Pangasinan:
hats and mats
Marikina: shoes
Ilocos: blankets and towels

 BUREAU OF AGRICULTURE Pampanga, Rizal, & Bulacan: rattan and wood

1902 furniture
The 1st agency in the new American colony
Albay, Rizal, & Laguna: pottery & bricks.
 1903 IMPROVEMENT IN TRANSPORTATION AND COMM.