Carranza’s withdrawal of Pastor Rouaix issues

By November 1915 the Carrancistas were back in Mexico City. On 8 December 1914 Carranza had decreed that, as issues were being made without his authorization, it was convenient to unify the currency and determine precisely what obligations the government had undertaken. From 1 April 1915 certain issues would cease to be legal tender and would in time be exchanged by the Tesorería de la Federación. Carranza included in his list
(1)   the notes issued in December 1913 signed by M. del Real Alfaro (the first Estado de Durango notes), and
(2)   those issued in January 1914 signed by J. R. Laurenzana, Pastor Rouaix and M. del Real Alfaro.

A month later a Secretaría de Hacienda list also included:
(3)    the notes issued in August 1913, signed by M. del Real Alfaro and José M. Olagaray (the first Asociación Durangueña issue),
(4)    the notes issued on 6 (sic) October 1913 (the second Asociación Durangueña issue),
(5)    the notes issued by decree of 8 February 1914 (?), and
(6)    the notes issued in March 1914, signed by M. del Real Alfaro (Series C).
For completeness, (5) would be the 10c fractional notes dated March 1914.

Once he had defeated most of his enemies, Carranza could be more specific. On 28 April 1916, as part of the move to introduce a unified currency, he listed various issues that would be accepted until 30 June on deposit by the Tesorería General de la Nación, Jefaturas de Hacienda and Administraciones Principales del Timbre. The list now included
(1)    bonos issued in August 1913, signed by M. del Real Alfaro and José M. Olagaray,
(2)    bonos issued on 31 (sic, should be 3) October 1913, signed by M. del Real Alfaro and José M. Olagaray,
(3)    bonos issued in December 1913, signed by M. del Real Alfaro,
(4)    bonos issued in March 1914, signed by M. del Real Alfaro.
(5)    notes issued in January 1914, signed by J. R. Laurenzana, Pastor Rouaix and M. del Real Alfaro.

After that date they would be null and void. All other notes were declared null and void.

On 24 July 1916 Carranza decreed that from 1 August they would exchange the notes listed in the decree of 28 April that had been deposited in the offices of Hacienda with infalsificables at a rate of 10 to 1.