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<img loading="lazy" src="https://cdn.kahimyang.com/resources-4/marcos-1975-sm.webp" alt="President Marcos in 1975" />
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<p>
The business leaders were made to disembark from their chauffeured limousines at the gates, some distance from the hall, and had to walk with no exception the rest of the way when their drivers and bodyguards could have taken them up the driveway.
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<p>
When seated, and everything was ready, President Marcos set the tone of the dialogue and delivered his extemporaneous speech, explaining why they were made to undergo the humbling experience of walking from the gates to the hall.
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<p>
Everybody was treated in the same manner at the gates of Malacañang. Marcos said:
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<p>
"All of you were asked to alight from your cars and take a little walk ... I am certain you immediately reacted with the old habits - the consciousness of rank, consciousness of wealth, consciousness of power and the consciousness of unusual attention to which you were accustomed or entitled in the past."
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<p>
He explained that industry "must be salvaged from self-indulgent stagnancy."
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<p>
With that, the President served notice that things would have to change. Inequities would have to undergo leveling to "eradicate the social causes of rebellion."
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November 24, 1972: Marcos invited business leaders to a dialogue in Malacañang to reform the private sector