General Description: The document is a gold loan bond issued by the National Government of China in 1938, marking the 27th year of the Republic. This bond has a value of $10 and bears an interest rate of 5%.
Specific Details:
- Issuer: National Government of China
- Year of Issue: 1938 (27th year of the Republic)
- Nominal Value: $10
- Interest Rate: 5% per annum
- Amount of Issue: $50,000,000
- Purpose: Financing national projects and stabilizing the economy
- Redemption: Payments to begin on May 1st, 1939
- Amortization: Scheduled payments starting May 1st, 1939, with subsequent payments on October 31st each year
- Security: Backed by the revenue of the Government and reserves of the Central Bank of China
- Design Elements: Intricate engravings with traditional Chinese motifs and detailed borders
- Signatures and Seals: Official stamps and signatures from the Minister of Finance and Vice Ministers of Finance
- Serial Number: 174226 (Note: Not required to identify, included for completeness)
Historical Article
A Call for National and International Investment
The $10 gold loan bond issued in 1938 was aimed at attracting financial support from both domestic citizens and international investors. The substantial sum of $50,000,000 raised through these bonds was earmarked for various national projects and economic stabilization efforts. The bond’s intricate design, featuring traditional Chinese motifs and detailed borders, symbolized the blend of cultural heritage and modern economic aspirations of the Chinese nation.
Financial Strategy and Resilience
The issuance of these bonds came during a time of significant economic and political challenges for China. The National Government faced the dual tasks of maintaining economic stability and funding essential projects. The bonds were structured with a 5% annual interest rate, payable semi-annually, and were backed by the government’s revenue and the reserves of the Central Bank of China. This structure aimed to assure investors of the bond’s security and reliability.
A Document of Historical Significance
Today, the 1938 gold loan bond is more than just a financial instrument; it is a piece of history that embodies the resilience and forward-looking spirit of the Chinese nation during a turbulent period. Collectors and historians value these bonds for their detailed engravings and the significant story they tell. The official seals and signatures on the document provide a tangible connection to a pivotal moment in China’s economic history.
The Legacy of the 27th Year Gold Loan
The funds generated by the 27th Year Gold Loan played a crucial role in supporting China’s economic stability and development efforts. The projects financed by these bonds helped lay the groundwork for the nation’s modernization and growth. The bonds stand as a testament to the collective strength and enduring spirit of the Chinese people during a critical period in their history.
Tutti i documenti storici in vendita si intendono da collezione. I documenti non hanno nessun valore economico o finanziario (no economic or financial value).