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Gobierno Provisional de México – Veracruz issues

On 19 September 1914 in Mexico City Venustiano Carranza had decreed the creation of an Interior Debt of $130m, by means of the issue of paper currency, in six values ($1, $5, $10, $20, $50 and $100) and six Series (A-F respectively). These were the “Gobierno Provisional de México” notes of 28 September and 20 October 1914. During the first days of December 1914, due to pressure from the Conventionist government Carranza decided to move the capital of the Constitutionalist government to Veracruz.

From Veracruz, Carranza continued to produce notes dated 1 December 1914 and 5 February 1915. On 3 February 1915 Carranza added a $2 Series G note as part of the $130m Interior Debt.

On 12 May 1915 Anastasio Rojas, the contador of the Oficina Impresora de Billetes in Veracruz, in a report, acknowledged that $42,625,000 had been printed in Mexico City and also gave details for notes printed in Veracruz, New York and four local printing departments, totaling $150,120,951. He thus, in passing, acknowledged six different sources for Veracruz notesCEHM, Fondo-XXI, carpeta 39, legajo 4265.

On 18 June 1915 Carranza issued a decree increasing the total value of his issue to $200m, and he also authorized printing $42,625,000 to replace the Mexico notes that he recalled. Finally, on 15 April 1917 in a report to Congress on the currency situation Carranza stated that his government had issued $42,625,000 in Mexico notes (obviously agreeing with the analysis above) and an astounding $599,329,221 in Veracruz notesAIF, RM/III 4-011 El papel moneda en la revolución.

In classifying these various issues one should refer to Elmer Powell's work on printer's imprints, titles and underprints. Other distingushing features are the typography of 'SERIE' (with and without accent on 'E' and dot on 'I') and the design of the lower lefthand roundel.