Withdrawal of the Gobierno Provisional de México notes

On 6 April 1915 Carranza’s Secretaria de Hacienda sent its circular núm. 21 that the Jefaturas de Hacienda and Administraciones del Timbre were authorised to exchange the Gobierno Provisional notes and Obligaciones Provisionales, marking them with a stamp that said RETIRADO and sending then with a detailed report to the Tesorería General de la Nación on the tenth, twentieth and last day of every month. So we can expect to find notes thus cancelled, although the vast majority will have been incinerated on receipt by the Tesorería General.

Querétaro

Circular núm. 21 was received on 20 April and passed on to the Administración del TimbreAQ, Fondo Poder Ejecutivo Sec 2ª Hacienda C-1 Año 1915 Exp. 144.

Various stamps were used.

GPM 5 OP Retirado

RETIRADO

GPM 1 Retirado 2

Retirado

Nulo por haber sido canjeado

On 28 July Carranza issued a decree withdrawing the $42,625,000 in Gobierno Provisional de México notes from Mexico City that his government acknowledged as legitimate. These would be exchanged in the Tesorería General de la Nación and in the Jefaturas de Hacienda and designated oficinas del Timbre for others of legal circulation during August. The office in Veracruz took in over $500,000 on the first day, 2 August, in exchange for Veracruz notesEl Dictamen, Tomo XVII, Núm. 1572, 3 August 1915. It restricted its hours but was still overwhelmed and within a few days had to suspend operations and restrict the amount for any single person to $20,000El Dictamen, Tomo XVII, Núm. 1581, 12 August 1915.

In Aguascalientes governor Martín Triana published Carranza’s decree on 11 September. As the period for withdrawal had already passed, he had written to Carranza on 6 September and received permission for the notes to continue circulating until sufficient new funds were sentPeriódico Oficial, Aguascalientes, Tomo I, Núm. 2, 12 September 1915.

On 25 September F. A. Borquez, the Jefe de Hacienda in Sonora told the public that the notes, whether or not they had been revalidated, were of forced circulation, since his Jefatura had not received funds to exchange themBoletín Oficial, Tomo I, Num 3, 27 September 1915

On 28 September the Jefe de Hacienda in Guadalajara informed the public that notes that had yet to be exchanged were to be deposited in the Jefatura de Hacienda within the next two daysBoletín Militar, Tomo III, Núm. 279, 29 September 1915. As the two days proved insufficient, on 19 October the Jefatura de Hacienda allowed for deposits to continue until the end of that monthBoletín Militar, Tomo III, Núm. 296, 19 October 1915. This opportunity was also extended to ColimaAMCol, 61, exp. 3.

On 30 September the Secretario General in Querétaro asked all the Presidentes Municipales to tell the Oficinas Rentísticas del Estado and Municipales to change in the respective Oficinas del Timbre the notes that they were holding (getting a receipt if there were insufficient funds)AQ, Fondo Poder Ejecutivo Sec 2ª Hacienda C-3 Año 1915 Exp. 254.

Incineration 28 October 1914 1   Incineration 28 October 1914 2
Nicéforo Zambano and Alberto Pani attending an incineration on 28 October 1914[check date]