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Emergency circulating notes were currency printed by the Philippine Commonwealth Government in exile during World War II. These "guerrilla pesos" were printed by local government units and banks using crude inks and materials. Due to the inferior quality of these bills, they were easily mutilated. The Japanese-sponsored Second Philippine Republic under President José P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested or even executed.

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  • Emergency circulating notes (en)
rdfs:comment
  • Emergency circulating notes were currency printed by the Philippine Commonwealth Government in exile during World War II. These "guerrilla pesos" were printed by local government units and banks using crude inks and materials. Due to the inferior quality of these bills, they were easily mutilated. The Japanese-sponsored Second Philippine Republic under President José P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested or even executed. (en)
foaf:homepage
foaf:depiction
  • http://commons.wikimedia.org/wiki/Special:FilePath/Flag_of_the_Philippines.svg
  • http://commons.wikimedia.org/wiki/Special:FilePath/10_Pesos,_Commonwealth_of_the_Philippines,_Treasury_Emergency_Currency_Certificate,_Series_1943,_during_Japanese_occupation_-_Spurlock_Museum,_UIUC_-_DSC06072.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/5_centavo_emergency_circulating_note,_Apayo,_Philippines,_during_the_Japanese_occupation_-_Spurlock_Museum,_UIUC_-_DSC06073.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/Emergencycircnotes.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/Negocc.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/Negor.jpg
  • http://commons.wikimedia.org/wiki/Special:FilePath/PNB_Iloilo_20_Peso_Note_and_Counterfeit.jpg
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subunit name
used banknotes
  • Various denominations (en)
using countries
dbp:wikiPageUsesTemplate
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end
location
reason
  • Currency used prior to the outbreak of the invasion of the Philippines by the Empire of Japan and its fall. (en)
  • Declared worthless and was abandoned by retreating Japanese forces after the Leyte Landing. Emergency circulating notes were used in areas formerly occupied by Imperial Japanese forces. "Victory" pesos were brought over by Douglas MacArthur's forces to be used in tandem with the liberation of the Philippines under Imperial Japanese rule. (en)
start
symbol
  • (en)
currency
  • Philippine peso
  • Japanese government-issued Philippine peso, Emergency circulating notes and "Victory" pesos (en)
has abstract
  • Emergency circulating notes were currency printed by the Philippine Commonwealth Government in exile during World War II. These "guerrilla pesos" were printed by local government units and banks using crude inks and materials. Due to the inferior quality of these bills, they were easily mutilated. The Japanese-sponsored Second Philippine Republic under President José P. Laurel outlawed possession of guerrilla currency and declared a monopoly on the issuance of money and anyone found to possess guerrilla notes could be arrested or even executed. (en)
issuing authority
no plural
  • Y (en)
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