Sergio "Serging" Veloso Osmeña Jr. (December 4, 1916 – March 26, 1984) was a Filipino politician who served as a Senator of the Philippines, and ran against Ferdinand Marcos in the 1969 Philippine Presidential election. He was the son of Sergio Osmeña, the fourth president of the Philippines. His son, Sergio "Serge" Osmeña III, was also a Senator of the Philippines. Early life Osmeña was born in the town of Cebu on December 4, 1916, to Sergio Osmeña Sr., then the House Speaker and representative from the 2nd district of Cebu, and Estefania Chiong Veloso. He had a brother, Emilio Osmeña, father of Emilio Mario Osmeña Jr. and John Henry Osmeña. He graduated Associate of Arts, cum laude, from Ateneo de Manila University on 1935, and Bachelor of Science in commerce, summa cum laude, from New York University in 1936. After graduating which Osmeña opened an import-export business in New York. Actions in World War II Osmeña collaborated with the Japanese in World War II. He escaped justice and returned to the Philippines and became President of the De La Rama Steamship Company. Political career In 1951, he was elected provincial governor of Cebu and Mayor of Cebu City for three terms in 1955, 1959 and 1963. Elected as representative for the second district of Cebu in 1958, his notable work as fiscalizer brought him recognition from the Congressional Press Club which voted him as one of the Ten Most Outstanding Congressmen of 1959. In 1961, Osmeña ran for Vice President of the Philippines as an independent, but lost to Senator Emmanuel Pelaez. In the November 1965 elections, he won a seat in the Philippine Senate. 1969 Philippine Presidential election Osmeña publicly opposed the Marcos administration. On April 5, 1969, at the St. Francis Hotel, San Francisco, Marcos Exposed Osmeña of collaborating with the Japanese in World War II. Later on June 15, Osmeña won the Liberal Party nomination for President of the Philippines, and would run against incumbent President Ferdinand Marcos for the 1969 Philippine presidential election. Marcos spent US$50 million in infrastructure projects in an effort to improve the country. This rapid campaign spending was so massive that it would be responsible for the Balance of Payments Crisis of 1970, whose inflationary effect would cause social unrest leading all the way up to the proclamation of Martial Law in 1972. Marcos was reported to have spent PhP 100