The document is a national defense bond issued by the National Government of China in 1938. This bond has a value of $10 and bears an interest rate of 6%.

Specific Details:

• Issuer: National Government of China
• Year of Issue: 1938
• Nominal Value: $10
• Interest Rate: 6% per annum
• Purpose: Financing national defense efforts
• Design Elements: The bond features intricate engravings with traditional Chinese motifs and detailed borders
• Signatures and Seals: Various official stamps and signatures are present
• Serial Number: 314149 (Note: Not required to identify, included for completeness)

Historical Article

A Call to Support National Defense

The $10 national defense bond issued in 1938 was aimed at rallying financial support from Chinese citizens and international investors. The funds raised through these bonds were essential for sustaining military operations and ensuring the defense of the nation. The bond’s intricate design, featuring traditional Chinese motifs and detailed borders, reflected the cultural heritage and resilience of the Chinese people during this turbulent period.

Challenges and Resilience

The issuance of these bonds came at a time of great uncertainty and conflict. The National Government faced significant challenges in maintaining stability and defending the nation. Despite these obstacles, the bonds were successfully issued, demonstrating the determination and resilience of the Chinese people in their fight for survival and stability.

A Document of Historical Significance

Today, the 1938 national defense bond is more than just a financial instrument; it is a piece of history that embodies the spirit of a nation under siege, yet unyielding. Collectors and historians value these bonds for their detailed engravings and the powerful story they tell. The rich decorations of the document and the official seals provide a tangible connection to a crucial moment in Chinese history.

The Legacy of National Defense Bonds

The funds generated by these national defense bonds played a crucial role in supporting China’s defense efforts. The projects and operations financed by these bonds helped lay the groundwork for the nation’s eventual recovery and growth. The bonds stand as a testament to the collective strength and enduring spirit of the Chinese people during one of the most challenging periods in their history.

Issued in May of 1938 by the Republic Government of China, during the second year of WWII. In 1937, China issued Liberty Bond, but due to some problems, only 50% was sold. In May, 1938, China began to issue National Defence Bond, to cover the fiscal problems during the War.  

The face value is China 10 Dollars. Interest rate is 6% annaul. The bond duration is 30 years. More than 40 pcs dividen-coupons left.

The Republic of China or Chinese Republic was the political entity that was formed in China at the fall of China's last emperor, Pu Yi in 1912 following the success of the Xinhai Revolution.

The flag of the Republic of China until 1928, used by the Beiyang government of warlords

Following a series of events in the period between 1912 and 1949 the territory under the control of the Republic of China was reduced to the island of Taiwan, while mainland China came under the control of the newly formed People's Republic of China. This real revolution in the sixties was followed by a second one, passed into history as the great Chinese cultural revolution.

The People's Republic of China was founded by Mao Zedong on 1 October 1949 and the first activity of the new political system, established with the revolutionary victory, was to bring peripheral territories such as Tibet and Xinjiang (1951) under the sovereignty of China.