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1 Ch'uan East Hupeh Worker's and Farmer's Bank
| Issuer | East Hupeh Worker's and Farmer's Bank |
|---|---|
| Year | 1932 |
| Type | Standard circulation banknote |
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| Obverse description | The face is printed in red on white paper and carries three oval vignettes arranged horizontally, each enclosing a mountainous landscape scene. The large central vignette bears the denomination characters 壹串 in bold relief at its centre. Serial numbers appear along the upper margin on both sides, flanking the bank name 郵東農工銀行 in Chinese characters. Corner rosettes and a ruled border frame the entire design, with the date and issuing authority inscribed in a cartouche at the lower centre. |
|---|---|
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| Reverse description | The reverse is printed in black on white paper with a simple ruled rectangular border and corner ornaments. The field is filled entirely with vertical columns of Chinese text presenting the bank's political and economic manifesto, affirming the note's role as currency of the workers and farmers and its function in supporting the Soviet economy. A red seal impression appears within the text area. |
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| Comments |
The East Hupeh Worker's and Farmer's Bank was one of several soviet-area financial institutions established by the Chinese Communist Party during its early years of territorial control in central China. Hupeh (Hubei) province was a contested zone throughout the early 1930s, with Nationalist encirclement campaigns actively attempting to strangle Communist-held soviets economically as well as militarily. Notes like this one were instruments of local economic administration as much as anything else — circulating within a defined and embattled territory, not beyond it.
Survival rate is low. Most soviet-era paper from this region was destroyed during Nationalist advances or lost during the Long March displacement that began in 1934.