. When
Sergio Osmeña retired from politics after his defeat in the
1946 presidential election, the Cuenco family took political hold in the locality by allying themselves with
Manuel Roxas, the newly elected president, as well as a local political leader named Ramon Durano. The Cuencos did not have large landholdings, but they had commercial interests in Cebu City and owned Bisaya Land Transportation Company, one of only two major land transportation companies at that time. The Osmeñas and Cuencos later established alliance in 1954 to 1955, a political fusion that Miguel hesitated to join for quite some time. Affiliated with the
Nacionalista Party, As legislator in the Lower House of Congress, he authored the Republic Act 709, a law approved on June 5, 1952, and that required the mandatory teaching of
Spanish language in colleges and universities. He was Chairman on the Committee on Elections from 1931 until 1935, Chairman of the Committee on Public Works from 1934 to 1945, Chairman of the Committee on Foreign Affairs, and member of the following committees: on Revision of Laws, and on Labor and Industrial Relations. In April 1954, he was part of the Philippine delegation to the Geneva International Conference. However, he declined the offers of President Manuel Roxas and later President
Elpidio Quirino for diplomatic posts for the United States,
United Nations,
Spain,
Rome or
Shanghai. == Business ==