By Salvador Araneta
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The three C. C. Resolutions included in this first series of background studies for the 1971 Constitutional Convention have all one thing in common. They provide constitutional tools, some of them self-executory to promote massive capital formation for capital investment.
The tools provided are various systems of subsidized savings and of compulsory savings, both enhanced by a liberal credit policy from government financial institutions in inverse proportion to the wealth of the borrower to increase the member of families of the new saving class.