Philippine Independence Day: June 12 or July 4?

It's a long weekend here in the Philippines for June 12 is Philippine Independence Day. Independence Day used to be July 4, same as in the USA. For those in the dark, the Philippines was under American rule after Spain sold my native land to the tune of 20,000,000 Pesos to good ol' Uncle Sam. Of course, that piece of information was not taught in history classes in elementary and secondary school just like the information that Emilio Aguinaldo willingly left for Hong Kong before the turn of the century as an exile when Spain paid him 3,000,000 Pesos.

Anyway, Aguinaldo came back to the Philippines and declared June 12 ,1898 as Philippine's emancipation day from Spain. The declaration, however, was not recognized by the United States or Spain, and was not generally recognized by other nations. So! the Spanish government ceded the Philippines to the United States. The transition was pretty much hard as the Spanish speaking Filipinos had to learn a new language which was English. For more than forty years the Philippines was under various US governor generals. Their names are all over the streets of Manila: Taft, Harrison,Forbes, Wood, Gilmore, Murphy, Roosevelt and more.

After the Tydings-McDuffie act or what is known as the Philippine Independence Act was approved in 1934, the Philippines just had to wait for a 10-year transition period for the USA to grant its independence. Tough luck! Halfway through the transition period during the Commonwealth years, WW II happened. After the war, ready or not ready, the Philippines demanded that the agreement in the Tydings-McDuffie Act be honored. So on July 4, 1946, the United States of America granted and recognized Philippine Independence. In 1965, during Diosdado Macapagal's tenure as president of the Philippines, he changed July 4 to June 12 as Philippine Independence Day. What do you think Philippine Independence Day should be?