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3 Ch'uan Worker's and Farmer's Bank

Issuer Worker's and Farmer's Bank of the Szechuan-Shensi Soviet
Year 1934
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Value 3 Ch'uan = 3000 Cash
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Obverse lettering 3 - 3
省陜川國和共埃維蘇華中
元䋋農工
民農歸地土
埃維蘇歸權政
作工時小八


The Worker and Peasant's Bank
19-34
3 - 3
(Translation: Sichuan and Shaanxi Province of the Chinese Soviet Republic
Worker's and Farmer's
Land to the Farmers
Power to the Soviets
Eight Hours Work
3 Strings (Ch'uan))
Reverse description Vertical-format note printed in black and blue. A hammer and sickle device appears above a portrait vignette of Vladimir Lenin, with vertical columns of Chinese text reading right to left flanking the central composition.
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Comments

The Worker's and Farmer's Bank of the Szechuan-Shensi Soviet was established in 1932 to service the economy of the border region base area carved out by Zhang Guotao's Fourth Front Army. Notes of this type circulated within a tightly controlled territory where exchange against Nationalist currency was effectively prohibited — conversion was a punishable offense. The Soviet monetary system was partly designed to force economic separation from Republican China and bind local peasants and traders to the revolutionary administration.

By late 1935, the base area had collapsed under Nationalist military pressure. Most surviving notes from this issuer were rendered worthless almost immediately after issue, which makes the survival rate genuinely low relative to later Communist-era paper.

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