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1 Franc - Chambre de Commerce de Toulouse 31
| Issuer | Chambre de Commerce de Toulouse |
|---|---|
| Year | 1914 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 104 × 67 mm |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | CHAMBRE DE COMMERCE DE TOULOUSE Délibération du 6 Novembre 1914 UN FRANC Le Trésorier Le Président 332758 Echangeable contre des Billets de la Banque de France C. BERDOULAT - TOULOUSE |
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| Protection type | Log in to see details |
| Protection description | Watermark incorporated into the paper stock. |
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| Comments |
The Chambres de Commerce emergency notes of 1914 were a direct response to the financial panic that swept France in the days following mobilization — the Banque de France simply could not meet the sudden demand for small-denomination coin, which was being hoarded on a massive scale. Local chambers of commerce across the country were authorized under a law of 5 August 1914 to issue their own fractional notes, and Toulouse was among the first to act.
Berdoulat was a local Toulouse printer with no particular banknote pedigree, which shows in the relatively modest production values of this series compared to chambers that contracted specialist security printers.