The revolution in Guanajuato
In Guanajuato in March 1915 the only money in circulation were the Constitucionalista issues, Villista issues and that issued by Gertrudis Sánchez when he was governor of MichoacánPrensa, 25 March 1915.
On 20 March 1915 the Administración Principal de Rentas of Guanajuato received instructions that notes issued by Villa were to cease circulating, and by the same evening they were being refused. The next day there was panic, as the notes could only be changed in Chihuahua itself, and on 22 March further instructions told them to continue accepting them and reestablished a semblance of peaceCrispín Espinosa, Efemerdides Guanajuetenses, Guanajuato, 1920.
The Villistas abandoned Guanajuato during the night of 18 April 1915 and the next day businesses began to refuse to accept their notes. Since these were widespread there was public panic, mainly among the poorer classes, and the next day the Presidente Municipal, J. Paz López, issued notices that they were to be accepted, under penalty of a fineibid. to no avail. The Carrancistas led by General Alejo González arrived on 25 April, followed by Obregón himself on 28 April. Obregón immediately nullified all Villista paper moneyCrispín Espinosa, Efemerides Guanajuatenses, Guanajuato, 1920.
On 29 May a new attack by Villa on Guanajuato renewed the lack of confidence in Carranza’s paper and holders tried to change it for some other formibid..
The Villista general Panfilo Natera recaptured the town on 6 June but wisely declared that all notes, whether Villista or Carrancista, would be of forced circulation and acceptance at par. The Villistas only held the town for six days.
On 19 August the returned governor Siurob published a decree invalidating the revalidados altosASalvatierra, caja 1915.
Thereafter, most of the correspondence was about the validity of Carrancista issues.
In a telegram to the Presidente Municipal of Guanajuato, dated 28 December, the Secretaria de Hacienda reported that Veracruz and Ejército Constitucionalista notes were being restamped in Veracruz and Mexico but were of forced circulation, even if they lacked the resello.
On 10 January 1916 the Presidente Municipal of Salvatierra, Guanajuato, published a circular reminding people that according to Carranza's circular núm. 48 that though Ejército Constitucionalisa notes were being revalidated in Veracruz and Mexico City they were still of forced circulation even if they lacked a reselloASalvatierra, caja 1915. On 28 January Salvatierra was told that notes (billetes de reberso colorados) were of forced circulationASalvatirrea, caja 1915 telegram José Siurob, Guanajuato, to Presidente Municipal, Salvatierra 28 January 1916.
On 12 February Salvatierra was told that Díeguez notes were of forced circulationASalvatirrea, caja 1915 telegram José Siurob, Guanajuato, to Héctor E. Huacuja, Presidente Municipal, Salvatierra12 February 1916. On 17 February Salvatierra was told in response to a query that the state government had no notice that the ‘C’ notes were counterfeitASalvatierra, caja 1915 telegram Joaquín Silva, Guanajuato, to Presidente Municipal, Salvatierra17 February 1916.
On 26 February Salvatierra was told that Oficinas Recaudadoras had been told not to accept notes (billetes de resello rojo) as businesses were refusing to accept them but in turn using them to pay their taxesASalvatierra, caja 1915 telegram José López Lira, Guanajuato, to Presidente Municipal, Salvatierra, 26 February 1916. Did this refer to the Veracruz resell that was known to have been counterfeited?
On 4 March 1916 the government reiterated the paragraph in circular núm. 48 that notes that lacked resellos were still forcedPeriódico Oficial, Guanjuato , 9 March 1916. Salvatierra relayed the information in its own circular on 28 MarchASalvatierra, Municipal, caja 1915. There was a similar disposition about unrevalidated notes in Léon on 17 March 1916.
On 21 March 1916 Oficial Mayor Juan Araujo, noting that businesses and the public were refusing to accept Constitutionalista and Gobierno Provisional notes with red and blue backs that had not been revalidated instructed the various offices of the Administración General de Rentas to take them as being of forced circulation, thus derogating his disposition of 12 FebruaryASalvatierra, Municipal, caja 1915. This was acknowledged by the Administración Subalterna del Timbre in Salvatierra on 28 MarchASalvatierra, Municipal, caja 1915 and copied to the Presidente MunicipalASalvatierra, Municipal, caja 1915.
On 23 March the Presidente Municipal of Tarimoro reported that people were refusing to accept Veracruz notes of five pesos or greater, even if they were revalidated C. Paredas, Tarimoro to Presidente, Municipal, Salvatierra, 23 March 1916. On 29 March Salvatierra sent him a copy of their recent circular.
On 13 April 1916 the Jefe de Hacienda in Guanajuato noted that businesses were refusing to accept Gobierno Provisional notes that lacked the resello of the local Jefatura de Hacienda. In fact these notes did not need the resello, and any that had been so revalidated had been in error, when they were presented along with other notesASalvatierra, Municipal, caja 1915.