This account is derived from an
earlier published version of a Mrs. "Woody" Willoughby, whose husband was
stationed in Manila, Philippine Islands, at the time of the outbreak of the war
with Japan. Mr. Willoughby was an accountant and member of the US Army’s
Intelligence division known as G-2, and reported directly to General
MacArthur’s staff and conducted liaison duties with the Vice President and
Chief Justice of the Philippine Islands. Mrs. Willoughby assisted her husband
to inventory a portion of the private
holdings of the Philippine National Treasury.
This account is but just one version of many surrounding the Philippine
National Treasury, all of which, when reviewed in entirety, assist in completing the
puzzle associated with the safeguarding of the Philippine Central Bank securities.
The transcript is quoted verbatim from the actual text with no editing or
changes in any form.
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