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1 Franc - Chambre de Commerce de la Creuse [23]

Issuer Chambre de Commerce de la Creuse
Year 1915
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Value 1 Franc
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Obverse lettering CHAMBRE DE COMMERCE DE LA CREUSE Délibération du 27 Juillet 1915 37888 A UN FRANC LE PRÉSIDENT, LE TRÉSORIER, Émission approuvée par l'Administration Supérieure
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Reverse lettering CHAMBRE DE COMMERCE DE LA CREUSE 1915 - 1920 Ce billet, garanti par dépôt d'égale somme à la Banque de France, est toujours échangeable aux guichets de ses succursales de Guéret et Aubusson par cinq francs ou multiples de cinq contre des billets de la Banque de France et devra, sous peine de prescription, être présenté au remboursement avant le 2 Août 1920 1 - 1 IMP. P. DUMONT. LIMOGES
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Comments

The Creuse chamber of commerce began issuing small-denomination emergency notes in 1915 because the outbreak of war had caused a near-total disappearance of metallic coinage from circulation — hoarding was immediate and widespread across provincial France. The Chambers of Commerce were authorised by the French government to fill that gap locally, and dozens did so simultaneously, each contracting whatever regional printer was available. Pierre Dumont in Limoges was the logical choice for Creuse, a landlocked département with no printing industry of its own.

JP#64-03 and 04 indicate two distinct varieties within the same type, most likely differentiated by serial number series or minor typographic changes during a print run replenishment.

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