1 Franc - Chambre de Commerce de Libourne 33

Libourne's Chamber of Commerce began issuing emergency fractional notes in 1915 because the wartime hoarding of coins — particularly bronze and nickel — had made small change functionally unavailable across much of provincial France. Hundreds of French chambers of commerce did the same, but Libourne's issues are among the more precisely documented of the Gironde series, with the Wetterwald Frères imprint confirming local Bordelais production rather than the Paris houses that handled larger regional issuers.

The JP#72-16 reference places this within a numbered sequence suggesting multiple distinct types were issued by Libourne across the war years. The watermarked paper was a minimal but deliberate anti-counterfeiting measure — at one franc, the temptation to fake was real enough to warrant it.