At least the traffic, which President Noynoy Aquino once said was a sign of robust economic growth, is as bad as ever or even worse than before. But the fact is, the Aquino administration never mentions the stock market anymore, now that it is suffering almost daily reversals due to developments overseas that the government in Manila had nothing whatsoever to do with.

Yes, the Philippine Stock Exchange, once the darling of foreign portfolio investors and the bellwether of economic growth under the Aquino administration (when the index was going up, anyway), plummeted again yesterday, shedding 201.29 points and 3.26 percent and falling through the 6,000 barrier to close at 5,980.88. The local market followed the downturn in almost all Asian stock exchanges, a phenomenon that was traced byTHAT the early Christians at Jerusalem must have had a knowledge of the places where the Lord was crucified and buried, there can he no doubt; that they erected their churches on places consecrated by miracles, and especially on Calvary and over our Lords Sepulchre, is a more questionable position. There is at least no trace of it in the New Testament, nor in the history of the primitive church. The four Gospels, which describe so minutely the circumstances of the crucifixion and resurrection, mention the sepulchre only in general terms; and although some of them were written thirty or forty years after these events, yet they are silent as to any veneration of the sepulchre, and also as to its very existence at that time. The writers