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| 正面描述 | The face of this wartime emergency note is typographically composed in letterpress, with the central denomination panel reading TWO PESOS enclosed within a guilloche-bordered frame. The upper inscription THE COMMONWEALTH GOVERNMENT OF THE PHILIPPINES / WILL PAY THE BEARER arches above the denomination, while UPON TERMINATION OF EMERGENCY is placed below it, and SERIES 1943 appears at the foot. The numeral 2 occupies each corner within ornamental frames, with the overall design executed on plain paper in a spare, utilitarian manner characteristic of Philippine wartime emergency currency. |
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| 背面铭文 | TWO PESOS ISSUE OF THE LEYTE PROVINCIAL BOARD AUTHORITY OF THE PRESIDENT OF THE PHILIPPINES ENRIQUE POTENTE PROV. AUDITOR PROCESO KADAVERO FILEMON SAAVEDRA PROV. TREASURER PROV. FISCAL LEYTE EMERGENCY CURRENCY BOARD |
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The Leyte Emergency Currency Board was one of several provincial and municipal bodies that issued guerrilla currency in the Philippines during Japanese occupation. These notes were produced covertly to keep civil administration functioning in areas where resistance forces maintained some control — accepting Japanese Military pesos was both economically ruinous and, for many, a political act they refused to perform.
Leyte issues are among the better-documented guerrilla series, partly because American military intelligence took an active interest in their circulation as evidence of organized resistance infrastructure. Physical production was improvised; paper quality and printing consistency vary considerably across the run.