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1 Franc - Chambre de Commerce de la Corrèze 1915

Issuer Chambre de Commerce de la Corrèze
Year 1915
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Value 1 Franc
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Obverse description Light green guilloche underprint covers the note field, overlaid with a crosshatch latticework pattern. The issuer's title, CHAMBRE DE COMMERCE DE LA CORREZE, appears in white lettering on a dark rectangular cartouche at the top, flanked by oak and laurel branch vignettes at either side. The denomination UN FRANC is printed in large bold letterpress text at centre, with numeral 1 medallions at left and right, spaces for the President's and Treasurer's manuscript signatures below, and the issue date 25 MARS 1915 in a cartouche at the foot.
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Protection type Watermark
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Comments

French chambers of commerce were authorized to issue emergency small-denomination notes in August 1914, when the mobilization for the First World War triggered an immediate hoarding crisis that stripped coins almost entirely from daily commerce. The Corrèze chamber moved quickly; this 1915 franc note from Tulle filled a gap the Banque de France had neither the capacity nor the mandate to address at the retail level.

Pierre Dumont's Limoges press handled a number of regional nécessité issues during this period. The watermarked paper was a meaningful security measure for what was, functionally, a local scrip redeemable only within the département.

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