Agents of the Republic of China

Note 1939: Huaxing Securities.It is a circulating banknote issued by Huaxing Commercial Bank.Huaxing Commercial Bank was established in Shanghai in 10. It is a Sino-Japanese joint operation in name, but it is actually a Japanese bank.Enjoy the privileges of issuing currency and acting as an agent for treasury and public debt affairs of the pseudo-government.The banknotes issued by the bank are called "Huaxing Coupons", with denominations of 5 yuan, 1 yuan and 2 yuan, and the auxiliary currency coupons are divided into 1 jiao and [-] jiao.

Union Bank Notes.It is a banknote issued by the Japanese invading army through the pseudo-China United Reserve Bank.Its purpose is the same as that of Huaxing coupons. It uses the status of legal currency in economic circulation and does not exclude legal currency. For foreign exchange.This is also a means of economic aggression and plunder by Japanese imperialism.

Note [-]: Military ticket.Tools for plundering wealth issued and circulated by the Japanese invading forces in the occupied areas.It appeared as early as the Russo-Japanese War, when the Japanese army invaded China and during the subsequent Pacific War, in the occupied areas of China, the Philippines, Myanmar, etc., this kind of military ticket was issued crazily, because there was no security deposit as a return support when the military ticket was issued. , and there is no specific issuing agency, so the military ticket itself is worthless, and even the Japanese yen cannot be exchanged.So much so that the people are extremely resistant to this kind of military ticket and even refuse to use it.