The RP-US Military Bases Agreement (MBA) is signed by President Manuel A. Roxas and United States Ambassador Paul V. McNutt in Malacanang Palace. The MBA grants the US to maintain military, naval and air bases in the country for the mutual defense of both countries.
The 4-cents
stamp depicts President Manuel Roxas as he takes his oath of office
before Chief Justice Manuel Moran as President of the Republic of the
Philippines on July 4, 1946. Ambassador Paul McNutt is beside Roxas.
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