The crisis of 1943

In 1943, during the Second World War, Mexico was again faced with a silver crisis (there was a combination of reasons: anticipation of a rise in the price of silver; the Mexican government’s agreement to sell practically its entire silver production to the United States for its military industry; and a boom in the Mexican and US jewellery industries). On 21 August Mexico imposed a heavy export tax on silver products, to make it unprofitable to melt down silver coins to ship as bullion, and temporarily suspended a contract which promised all surplus silver production to the United States. However because of a shortage of fractional coinage, especially the fifty centavos denomination, it was compelled to authorise banks to issue cheques with printed denominations of twenty-five and fifty centavos. All these issues were quickly withdrawn.

  series from to total
number
total
value
 
50c           includes number 604CNBanxico #6339
B         includes number 34157CNBanxico #12158

 

In Tabasco the Cámara Nacional de Comercio in Villahermosa, issued a 50c cheque drawn on the Banco Tabasqueno, S. A., dated 10 September. These were signed by Adalberto T. Manzur Ocaña as Presidente and Carlos Becerra Lacroix as Tesorero.

Adalberto T. Manzur Ocaña  
Carlos Becerra Lacroix owned a toy shop and stationery shop situated in the portals of the avenida Madero, a street that housed the major commercial establishments and first-class hotels of Villahermosa. He was the father of the poet José Carlos Becerra.  


There were at least two series.