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5 Ch'uan Southeast Hupeh Worker's, Farmer's, and Soldier's Bank, blue
| Issuer | Southeast Hupeh Worker's, Farmer's, and Soldier's Bank |
|---|---|
| Year | 1932 |
| Type | Log in to see details |
| Value | 5 Ch'uan |
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| Obverse description | Blue letterpress print on plain paper. A central oval vignette contains a rural landscape with a traditional Chinese house amid trees. The denomination 伍串 appears in ornate cartouches to the left and right of the central vignette, with smaller numeral 伍 repeated below. The bank name is printed in vertical Chinese characters across the top, flanked by red serial numbers on either side, and the date 一九三二年 appears along the lower border. |
|---|---|
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| Reverse lettering | 苏维埃经济政策 没收帝国主义中财产、祖界 海关、银行、铁路、矿山、工厂等 许股常当票○ 不违反苏府法令的外国企业准 中国常负本家及手工业企业○ 反对法令者由○ 定府劳工监督○ 保证劳人员日四买○ 禁止高利剥削贪行低利借贷○ 禁止大商人垄断债格，对银大商人垄断债格○ 发展合作社事业○ 废除一切苛捐杂税，实行统一累进税○ 减低房租，改善城市劳○ 改善人民的居住条件○ |
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| Comments |
The Southeast Hupeh Worker's, Farmer's, and Soldier's Bank was one of dozens of short-lived soviet-area banks established by Chinese Communist forces during the Jiangxi Soviet period, issuing local currency to fund military operations and stabilize exchange within controlled territory. Southeast Hupeh — the Eyang Soviet district along the Yangtze corridor — was under constant Nationalist encirclement pressure throughout 1932, and notes from this issuer had an operational life measured in months rather than years.
Survival rate is extremely low. Most soviet-area notes of this period were deliberately destroyed during Nationalist "pacification" campaigns or abandoned during the Red Army's forced withdrawals. P#S3524 is among the rarer recorded issues from the Hupeh soviet banking network.