Initially, the nation's Independence Day holiday (Araw ng Kalayaan) was held on July 4. President
Diosdado Macapagal moved it to June 12, the date in 1898 on which
Emilio Aguinaldo issued the
Philippine Declaration of Independence from Spain. Philippine Republic Day was created in its place and kept as a holiday under Macapagal, coinciding with the United States' own
Independence Day. In 1955, President
Ramón Magsaysay had issued Presidential Proclamation No. 212, s. 1955, which established the observance of Philippine American Day every November 15—the anniversary of the inauguration of the Commonwealth. Sometime under the rule of President
Ferdinand Marcos, Philippine–American Day was renamed "Philippine–American Friendship Day" and moved to July 4, overshadowing the observance of the date as Republic Day. ==Delisting==