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1 Cruzeiro Thesouro Nacional, 1st print

Issuer Tesouro Nacional (National Treasury of Brazil)
Year 1954-1958
Type Standard circulation banknote
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Reverse lettering 1 REPÚBLICA DOS ESTADOS UNIDOS DO BRASIL 1 ESCOLA NAVAL 1 AMERICAN BANK NOTE COMPANY.
(Translation: 1 - Republic of the United States of Brazil - 1 - Naval School - 1 - American Bank Note Company.)
Signature(s) Series 1001-1800 - Claudionor de Souza Lemos and Oswaldo Aranha
Series 1801-2700 - Claudionor de Souza Lemos and Eugênio Gudin
Series 2701-3450 - Claudionor de Souza Lemos and Jose Maria Alkimin
Series 3451-3690 - Claudionor de Souza Lemos and Lucas Lopes
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Comments

The signature combinations on this note trace the revolving door of Brazilian finance ministers under Getúlio Vargas and then Juscelino Kubitschek — Oswaldo Aranha, Eugênio Gudin, José Maria Alkmin, Lucas Lopes, each pairing corresponding to a distinct political moment. Gudin's tenure was notably brief, lasting only months before his orthodox austerity program collapsed against Kubitschek's developmentalist ambitions.

American Bank Note Company handled the full print run from their New York facilities — routine for Brazilian federal issues of this period. Four signature pairings across series 1001 through 3690 suggests a longer active issue life than the denomination's low face value might imply, with Claudionor de Souza Lemos as Treasurer providing the sole thread of continuity across all four combinations.

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