The Rotary Balita no. 634 (November 24, 1949).

Today we had for guest speaker the man who can easily pass not only as the Industrialist of the year, but also, by an easy shot, as one of the most charming members of Manila's elite. Colonel Soriano, genuine cosmopolitan, in one of his first speeches since he arrived here from the States, unfolded the vast policy that governs his San Miguel Brewery, glass factory, and in between gave (what was even more important) his personal observations on the local economic picture. Entrancing his Rotarian audience with facts and statistics about the latest addition to the huge industrial empire that he heads, Col. Soriano, with justified pride, announced that their present output of 150 thousand bottles a day will soon jacked up to 500 thousand by 1951, when the rest of the unit will be completed. Opening on a solid starting cost of seven million pesos, the glass factory will soon include in 1950, a gigantic ice plant and a card-board plant as well, which, like their own independent power units, will comprise the rest of the enterprise. Col. Soriano also gave what we consider a very progressive and fair approach to the problems of capital-labor relations. In closing, he said that a long-range, well-synchronized economic program of the nation can encourage effectively, foreign capital and American loans to come unafraid into the Philippines. With such a fine man for boss, there was no reason at all really why S.M. men like Jack Preysler, Doc Adriano and Polding Rovira, should not be fined P5.00 from the very start.