SUGAR CRISIS
BY JUAN PONCE ENRILE
SCARCITIES and hoardings of prime commodities were recurrent problems of the Marcos regime in the early years of martial law. The experience I gathered in solving scarcities and hoarding in those days taught me that businessmen were a peculiar breed. They would take whatever risk there was for as long as they could generate profits for themselves.
The first case of hoarding I handled in the early days of martial law was the sudden disappearance of sugar in the market. This happened a few weeks after martial law was declared. Malacañang was swamped with frantic telephone calls one morning in October 1972 from irate housewives and other users of sugar as raw material for their products. Their common complaint was the sheer absence of sugar in the market.
Alarme...










