1 Franc - Chambres de commerce d'Alençon et de Flers [61]

Alençon and Flers were paired under a single emergency issue because neither chamber had sufficient commercial weight to justify its own wartime scrip — a pragmatic union born from the paper money drought of 1914–15, when French small change virtually vanished from circulation after hoarding stripped the country of its bronze and silver. These notes were legal for local transactions but not redeemable at the Banque de France, which made the issuing chambers directly liable for redemption out of their own reserves.

The JP reference spread across more than a dozen sub-types indicates substantial dating variation within the series — each dated issue constitutes a distinct catalogued piece, a nuisance for completists but a useful record of how long the emergency persisted in the Orne.