10 Francs - Federal Treasury German text

Switzerland's Federal Treasury issued this note in August 1914 as an emergency measure — the mobilization of European armies had caused an immediate flight from gold, and the Confederation needed small-denomination paper in circulation within days. The Eidgenössische Staatskasse had no permanent note-issuing infrastructure, making the 1914 series a genuine improvisation under pressure.

Ernst Stückelberg was a Basel painter of considerable reputation, which is unusual for a note designer of this period — fine artists were rarely commissioned for emergency currency. The German-text version served the Deutschschweiz, with parallel French and Italian editions issued simultaneously for other linguistic regions.

The series was retired quickly once the Swiss National Bank stabilized supply, leaving circulated survivors scarce.