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2 Pesos La Tesoreria de la Federacion, Saltillo
| Issuer | Tesorería de la Federación, Coahuila |
|---|---|
| Year | 1914 |
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| Composition | Log in to see details |
| Size | 157 × 70 mm |
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|---|---|
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| Reverse description | Printed in green on plain paper, the reverse is dominated by a large oval vignette of an industrial mining complex with headframes, warehouses, and outbuildings set against a rocky hillside landscape. The mandatory circulation legend arches above the vignette in bold capitals, and the place and date are set in a single line below; a beaded rectangular border frames the entire design. |
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| Signature(s) | W. Massieu (El Jefe de las Armas), Pragedis de la Peña (El Gobernador del Estado) and Eugenio Soberón (El Jefe de Hacienda) |
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| Comments |
Saltillo served as the capital of Coahuila and a Constitutionalist stronghold during 1914, and this note belongs to the torrent of emergency regional currency that Carranza's movement authorized as it fought to displace Huerta's federal government. The Tesorería de la Federación issues from this state were not central bank instruments — they were battlefield economics, meant to pay troops and keep local commerce moving in territory the Constitutionalists controlled but could not yet consolidate.
Three co-signatories — military, gubernatorial, and treasury — reflect the awkward triumvirate authority structure of Constitutionalist-held states in this period. The arrangement was as unstable as the currency itself.