Estado de Hidalgo notes

Having obtained Carranza agreement in an accord dated 21 March 1915, on 29 March General Alfredo J. Machuca, authorised an issue of vales, for 5c, 10c, 20c and 50c, guaranteed by $500,000 in bronze coins deposited in the Tesorería General del EstadoPeriódico Oficial, Hidalgo, Tomo LXVIII, Núm. 30, 8 May 1915. The notes, to be dated 1 May, were to be initialed by the Governor or the Secretario de Gobernación or Secretario de Hacienda.. They would be redeemed by the Tesorería del Estado when presented in multiples of $50. In accordance with this decree Machuca issued

  Number Total value
20c 75,024 $18,756.00
25c 120,000 30,000.00
50c 600,000 300,000.00
    $348,756.00

 

On 1 May the government paid its employees in 25c and 50c vales.

carton 25c reverse

The 20c were red and of papel de china so the public nicknamed them palomas (doves) because they blew away in the Pachuca breeze whilst the 50c notes were green and so called pericos (parrots)Teodomiro Manzano, Anales del Estado de Hidalgo, 2a parte, p150-151.


During Miguel Gómez Noriega’s administration (3 July to 2 August) he ordered the issue of $29,000 in 10c cartones, to replace the 20c notes which had been printed on thin paper and were useless.

When Pachuca was under the control of the Villistas in July, they took $3,000 in these 10c cartones from the government printing office and put them into circulation, using them to pay their troopsAGN, Fondo Gobernación Periodo Revolucionario, caja 93, exp. 36, folletos 8 Secretario general L. de la Vega to [    ], Pachuca, 20 August 1915.

When Miguel Gómez Noriega handed over the government on 2 August, there was $59,624.15 in cash, mostly in Veracruz notes and other notes of forced circulation, with just over $5,000 in these valesAGN, Fondo Gobernación Periodo Revolucionario, caja 93, exp. 36, folletos 8 Secretario general L. de la Vega to [    ], Pachuca, 20 August 1915.

On 9 September the Secretaría de Gobernación replied that Carranza had only authorized this issue out of the dire necessity for change. The authorization was for $500,000 (in 5c, 10c, 20c and 50c) but to normalize affairs the Executive acknowledged the $348,756.00 (though in 20c, 25c and 50c). However, since the aim was to unify the currency, this money should be replaced as fast as possible by Gobierno Provisional cartones, which the Tesorería General de la Nación could provide in exchange for any legal paper currency. Moreover, they should declare the $3,000 taken by the Villistas null and void, and that the holders should hand them in to the Dirección de Rentas, under threat of fines or arrest, and that it should be decommissioned in the Oficina RecaudadoraAGN, Fondo Gobernación Periodo Revolucionario, caja 93, exp. 36, folletos 8.

There were in fact four values, with no 5c and with the 20c a different design to the others.  Did they produce three values (10c, 25c and 50c) in a single format, then realize that they had produced a 25c note instead of the 20c note specified in the decree? The 50c are known on white paper.


The signatures/initials are of A. J. Machuca and

Known series are

  Series from to total
number
total
value
 
10c A         includes number 43588
B         includes numbers 14527CNBanxico #4451 to 27380CNBanxico #11211
C         includes number 32004CNBanxico #4449  
D         includes number 13669CNBanxico #4452 
E         includes numbers 26134CNBanxico #4448 to 32893CNBanxico #4450 
           
20c           includes numbers 389 to 21880CNBanxico #4453
      75,024 18,756  
25c D         includes numbers 18666 to 20742CNBanxico #4454
E          
I         counterfeit
      120,000 30,000  
50c C         includes number 23013
F         includes number 40149CNBanxico #4455 
G         includes number 26052CNBanxico #11213 
J         includes numbers 22198 to 25719CNBanxico #4456
      600,000 300,000  

 

On 2 September 1915 the government issued a warning about counterfeit 25c cartonesPeriódico Oficial, Hidalgo, Tomo LXVIII, Núm. 45, 8 September 1915 though the notice covers green, i.e. 50c, cartones.

Hidalgo 25c I 30224The most notable differences were:

GENUINE COUNTERFEIT
printed on poor thick cardboard with a light green background (impresos en cartoncillo grueso y de mala clase, con fondo verde claro, afectando los dibujos de éste, un cuadrado) printed on better quality cardboard with a dark green background (impresos en cartoncillo de mejor calidad y fondo verde obscuro y los dibujos de éste afectan ramas de laurel con pequeños lazos entre éstos)
signature is clear signature is badly printed and smudged (medio borrada)
Numbers are scarlet dull red (rojo obscuro)
'No.' is aligned with the number 'No.' slopes to the right
'P' of 'Pachuca' is below the point of the 'L' of 'E.L.S. de Hidalgo' 'c' of 'Pachuca' is below the point
'5' of '1915' is centred below the 'GO' of 'HIDALGO' '5' is below the 'G' of 'HIDALGO'
The seal on the reverse is well finished and the letters of the mongram thin (el sello del reverse está bien acabado y las letras del monograma son delegadas) letters and monograms are of a thick type (tipo grueso)
The 'm' of 'Emisión' is above the initial 'J'”  's' of 'Emisión' is above 'J'
Cut by machine  Cut by hand