Automatically translated from Basque, translation may contain errors. More information here. Elhuyarren itzultzaile automatikoaren logoa

Isolated Basque Pesetas

  • Bilbao, October 1936. Two weeks after the proclamation of José Antonio Agirre as lehendakari, the Department of Finance of the Basque Government chaired by Eliodoro de la Torre approved in August a decree, which was approved by the Bizkaia Defense Board, ordering the issuing of banknote checks under its funds at the Banco de España.
1937an Eusko Jaurlaritzaren aginduz egindako 50 pezetako billetea, atzealdean arrantzaleak portuan dituena. 25 pezetako billeteak, adibidez, labe garaiak irudikatzen zituen.
1937an Eusko Jaurlaritzaren aginduz egindako 50 pezetako billetea, atzealdean arrantzaleak portuan dituena. 25 pezetako billeteak, adibidez, labe garaiak irudikatzen zituen.

It was a question of ensuring the circulation of money, since, as is customary in the war zones, it tended to raise money.

Part of the decree said: “Therefore, uprooting must be corrected by heroic solutions to avoid, on the one hand, the accumulation of capital in the hiding places of the most palpable and absurd egoism and, on the other hand, that the fertile treasure of our country does not escape the borders of the territory to feed other regions at the expense of the financial juice of our land.”

The government, made up of representatives of the PNV and the Popular Front, inevitably reached the level of self-government that the Spanish Republic had previously rejected. It achieved the approval of the Statute of Autonomy in October 1936; at the outbreak of war, the central republican government wanted to guarantee the protection of the Basque territories. From Gipuzkoa to Asturias, the coastline was still in the hands of the Republicans, but completely isolated from its main area. And until March 1937, until the Francoists resumed the offensive, the front remained stable. This situation is conducive to the Basque Government having a short but intense activity. In addition to issuing cash, he distributed passports, reorganized the judicial system, set up delegations abroad, organized an army of 40,000 soldiers...

The initial banknotes issued by nine banks and boxes were of low quality and by a decree of April 1937 new banknotes were made with typical Basque (and topical) scenes on the reverse, in addition to a high quality nickel and coins of two pesetas.

Bilbao fell in June, and together with the city, most of the achievements of the first Basque Government. However, there are some “Basque” tickets that have been saved and that are worn down, at least in just two months, that fulfilled their function and that were in intense traffic.


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