A proposal in 1879

For the sake of completeness we should record that in December 1879 the deputy Trinidad García proposed issuing $20,000,000 in paper currency to ameliorate the nation’s finance.

Though some newspapers such as El Libre Sufragio, La Libertad and La Tribuna welcomed the ideaLa Ilustración Católica, 14 December 1879 others opposed itsee editorial in El Republicano, Veracruz, Año I, Núm. 281, 6 December 1879, on practical grounds such as the recent experience of Servando Canales Molano in Tamaulipas. The government did from 19 December make daily deposits in the Monte de Piedad to back up the issue but it was never made.