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5 Ch'uan Southeast Hupeh Workers and Farmer's Bank

Uitgever Southeast Hupeh Workers and Farmers Bank
Jaar 1932
Type Standard circulation banknote
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Beschrijving keerzijde Plain blue letterpress reverse with a simple ruled border and dense vertical columns of Chinese text setting out the Soviet economic policies of the issuing authority, including provisions on confiscation of imperialist and landlord properties, freedom of assembly, and support for cooperative enterprises. A large red official seal is applied at centre, partially obscuring the text. The denomination 伍 appears at lower left and lower right.
Opschrift keerzijde 苏维埃经济政策
没收帝国主义于中勋之租界
海關銀行鐵路航業礦山等
蘇維埃經濟政策

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Opmerkingen

The Southeast Hupeh Workers and Farmers Bank was one of several soviet-area financial institutions established by the Chinese Communist Party in the Oy-Wan (Hubei-Anhui-Henan) Soviet district during the early 1930s. These regional red banks operated under constant Nationalist military pressure — the fourth and fifth encirclement campaigns of 1932–1934 eventually dismantled most of them. Notes issued this year were in circulation for a very short window before the soviet areas collapsed.

The ch'uan denomination was specific to certain CCP base-area currencies and did not map directly onto the standard yuan system, reflecting deliberate monetary separation from Nationalist-controlled financial networks.

MISSCHIEN OOK INTERESSANT