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Inside Antonio Luna’s Secret Love Affair With Ysidra Cojuangco

Inside Antonio Luna’s Secret Love Affair With Ysidra Cojuangco

Social media has given us a different kind of freedom unknown to our forefathers.

Rare historical photos and information are now more accessible even to those with the slightest interest in our past.  And that is a good thing, as long as you use social media to revolutionize how people look at Philippine history.

Unfortunately, while others search for truth some people use the platform to do the opposite: finding historical myths and then sugarcoating them for the benefit of the gullible masses.

Indeed, there’s truth to what President John F.  Kennedy once said: “The great enemy of truth is very often not the lie–deliberate, contrived and dishonest–but the myth–persistent, persuasive, and unrealistic.”

Also Read: 22 Things You Didn’t Know About ‘Heneral Luna’

Ysidra Cojuangco and Antonio Luna
LEFT: Gen. Antonio Luna (Source: Wikimedia Commons). RIGHT: Ysidra Cojuangco during her 87th birthday in 1954 (Source: Marisse Reyes McMurray’s “Tide of Time”)

Gen. Antonio Luna’s love affair with  Ysidra Cojuangco is one such myth–as persistent as a legend that just won’t die, as persuasive as the Yamashita treasure, and as ridiculous as Rizal fathering Hitler. Yet, some people buy the story without an inkling how it all started.

So, how this historical rumor really started?

The story already existed before millennials were even born, and most of us would have remained unaware of it had “Baron Buchokoy” not uploaded the now-infamous YouTube video in 2011.

The premise of the whole anti-Aquino propaganda video is that today’s Cojuangco-Aquino wealth can be traced to the millions worth of treasures entrusted by Gen. Antonio Luna to his girlfriend Ysidra Cojuangco. As we all know, Luna was assassinated in 1899, leaving all the money to Cojuangco who never returned it to its rightful owner–the First Philippine Republic.

The same intriguing tale, although much more detailed, appeared in the book “Some Are Smarter Than Others: The History of Marcos’ Crony Capitalism” by former National Archives director Ricardo Manapat.

According to the book, Gen. Luna “was tasked with providing the security for the convoys carrying the revolutionary funds from the provinces until they reached the constantly moving headquarters of the government.”

READ: 8 Crazy Pinoy Conspiracy Theories

The said revolutionary funds, in which the First Philippine Republic depended on, was ordered by Luna to be transferred to Tarlac “where the revolutionary government planned to establish its capital.”

He then turned over the treasures to his then 32-year-old sweetheart, Ysidra Cojuangco, before going to Cabanatuan where he met his bloody end.

Ysidra Cojuangco
Doña Ysidra Cojuangco. Source: Isidra Reyes/Manila Nostalgia.

For some historians, however, the legendary affair is not supported by documentary evidence and therefore will always remain a historical myth. Prof. Ambeth Ocampo, for instance, said that the Luna-Cojuangco love story is proof that “when there is little or no material, the historical vacuum can be filled with malice and conjecture.” 

Michael Charleston “Xiao” Chua of the Philippine Historical Association, on the other hand, dismissed the story as just another historical rumor “based on family lore circulating with the elites of Tarlac.” The historian also criticized Baron Buchokoy’s viral video for the “mixing of gossip and half-truths” and for hiding the fact that it “is not a work of a concerned individual but by a talented PR group.”

The exact source of the said “revolutionary funds” is also subject to historical debates.

It has been believed that the treasure entrusted to Ysidra by Gen. Luna was actually the “emprestito” or the millions worth of silver pesos donated by the Pampangueños to sustain the First Philippine Republic. In her books, Rafaelita Hilario-Soriano recounted how his uncle Tiburcio Hilario, then the governor of Pampanga, was asked to collect the emprestito and transfer it to Luna three days before the latter’s assassination in Cabanatuan.

The money, loaded “inside a trunk four feet long, four feet high and more than a meter wide—made of the hardest wood and of iron,” was given to Luna with Aguinaldo’s permission. Nobody knows how and why the emprestito disappeared, but the whole story itself is considered as just part of family history.

In the words of historian Ambeth Ocampo: “Such an amount of money cannot vanish into thin air, and with what I have seen from the former ‘Philippine Insurgent Records,’ all funds of the revolution and the government were meticulously recorded.”

Common sense should also tell us that those behind the book and the video that has popularized the Luna-Cojuangco connection are not to be trusted.

The author of “Some Are Smarter Than Others”  was the same Ricardo Manapat who was accused of forging documents for the purpose of disqualifying Fernando Poe Jr. in the 2004 presidential elections.

A segment of ABS-CBN’s “Correspondents” about the labor strife in Hacienda Luisita was also axed in 2005 because it was “based purely on allegations” by Manapat himself with the help of Inquirer columnist Larry Henares.

Assassination of Antonio Luna hoax photo
Hoax photo of the Luna Assassination created by using a digital photo editor like Adobe Photoshop to blend a photo of Filipino soldiers during the Philippine American War with a photo of a dead Confederate soldier killed in the Siege of Petersburg, April 1865. Photo Credit: Cito Maramba via Facebook.

As for the viral video, closer scrutiny will convince you that it was haphazardly done, its weak content is offset by the video’s spine-chilling graphics and sound effects.

But don’t be fooled: the photo showing the assassinated Antonio Luna, for instance, was made possible through the use of–surprise, surprise–Adobe Photoshop. How can you trust a video whose creator didn’t even bother to find an authentic photo, let alone specify where it came from?

Also Read: 9 Shocking Hoaxes That Drove Pinoys Crazy

Now, let’s go back to Ysidra Cojuangco–the maiden in this complicated love story.

Born on May 15, 1867, Ysidra was the daughter of Antera Estrella, a native of Malolos, Bulacan, and Jose Cojuangco, who emigrated from  China to the Philippines in 1836. Ysidra had two other siblings–Melecio and Trinidad.

Both Ysidra and Trinidad were spinsters,  although there was a rumor that Ysidra had a love child (named Felicidad) either with Gen. Antonio Luna or a Chinese merchant. Melecio, on the other hand, pursued Education at Letran and UST, became a representative in the first Philippine Assembly, got married and raised four sons, before finally succumbing to a heart attack at a very young age.

Among Melecio’s four sons were Jose “Pepe” Cojuangco Sr., father of future Philippine president Cory Aquino; and Eduardo “Endeng” Sr., who sired the future Tarlac governor and chairman of San Miguel Corporation, Danding Cojuangco.

READ: 9 Things You May Not Know About Corazon Aquino

After their father’s death, the four boys took care of the family businesses under the supervision of Ysidra, who inculcated to the Cojuangco kids the value of hard work and waking up early every day. As recalled by the late president Cory Aquino, “Late for her was waking up with the sun. She would always be sweeping floors in the rice mill, even if she didn’t have to do that. She was really a workaholic.” 

Ysidra Cojuangco family tree
Ysidra Cojuangco family tree. Source: GMA News

Thanks to Ysidra who took the role of their father, the Cojuangco boys turned out to be competent politicians and businessmen. With the support of their aunt Ysidra, they were able to establish the Philippine Bank of Commerce, considered to be the first Filipino-owned private bank in the country.

Cory’s father, Jose, also managed the family sugar mill and later bought the 6,453-hectare Hacienda Luisita from a Spanish company.

As to whether the story about Doña Ysidra using the Republic’s money to build their family’s fortune was true or not, Cory’s nephew Miguel “Mikey” Ongsiako Cojuangco said in an interview with The Philippine Star that it was only a rumor. He also agreed that Doña Ysidra was a talented businesswoman, and that probably explains everything.

Ysidra Cojuangco died in 1960 of acute pulmonary edema, but the legend of her love affair with the slain general and the mystery of the lost Republic’s treasure still haunt her clan.

Maybe it did happen, but the evidence has been lost to history. Or perhaps people with their own agenda are the ones to blame for perpetuating the story.

Either way, this popular historical myth–or whatever you call it–speaks volumes to how Filipinos enjoy the comfort of opinion without the discomfort of thought.


In her Philippine Star article entitled “The Heneral and Ysidra love story,” historian Carmen Pedrosa gives hope to those who believe that the treasure really existed. Unfortunately, it doesn’t mention  any primary source and only relies on the testimonies of people closely related to both Cojuangco and Luna:

“Encarnacion, Ysidra’s friend and neighbor, said that Ysidra confided to her that she and Luna were very good friends and left her many valuables “not once but regularly” and on many occasions.

Encarnacion is the daughter of Eulalio Saulo who confirmed the story because he was one of the military escorts of the gold shipment to Ysidra. Her testimony is the first direct evidence from Ysidra admitting what many Luna contemporaries long suspected, “that the source of the Cojuangco fortune was the gold and silver commandeered by Luna to finance his guerrilla war from up north and regularly turned over to Ysidra.

Another source is Gen. Jose Alejandrino, the confidant of Luna. He told his nephew, Ambassador Jose Alejandrino, that before Luna left for Cabanatuan he said to him in the presence of Col. Paco Roman he was leaving the gold and silver in the custody of Ysidra until he returned.

Luna did not say what the value of the treasure was worth. Gen. Alejandrino’s grandnephew, BayanKo adviser Jose Alejandrino, believes Ysidra had no intention of stealing the money.

“You have to understand the circumstances at the time,” he said. “After Luna was assassinated, Aguinaldo disarmed all his officers in Angeles. The revolutionary army quickly disintegrated. The Americans kept chasing Aguinaldo. So Ysidra didn’t know who to return the money to. She was just the lucky beneficiary.”


Cory Aquino Official Website,. Essential Cory Aquino: The Young Cory. Retrieved 29 September 2015, from http://goo.gl/nvrEsg

Diaz, P. (2009). The Cojuangco Wars. Global Balita. Retrieved 29 September 2015, from http://goo.gl/1mAQb5

Europa-Pinca, S. (2014). Isabel Cojuangco-Suntay: A woman of substance. Business Mirror. Retrieved 29 September 2015, from http://goo.gl/Gh8TRs

Flores, W. (2014). Mikey Cojuangco: Gibo is the smartest in our generation. philSTAR.com. Retrieved 29 September 2015, from http://goo.gl/Ay6y10

Geni,. (2009). Ysidra Estrella Cojuangco. Retrieved 29 September 2015, from https://goo.gl/A2sIzi

Jimenez-David, R. (2005). ‘Inside’ stories. Philippine Daily Inquirer, p. A15. Retrieved from https://goo.gl/jBGrp1

Lardizabal-Dado, N. (2011). Philippine Historian Xiao Chua Says Aquino-Cojuangco Video is Propaganda. BlogWatch. Retrieved 29 September 2015, from http://goo.gl/wRDv8b

Manapat, R. (1991). Some are Smarter Than Others: The History of Marcos’ Crony Capitalism (pp. 206-209). Aletheia Publications.

Ocampo, A. (2004). A sordid and painful tale. Philippine Daily Inquirer, p. A15. Retrieved from https://goo.gl/nj6Fcb

Orejas, T. (2015). ‘Emprestito,’ a story of generosity in war. Inquirer.net. Retrieved 29 September 2015, from http://goo.gl/3ePAoy

Written by FilipiKnow

in History and Politics, Today I Learned

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