IV Philippine Corp
1943 Military Scrip Issue 
Army of The United States of America 

NEG502 / S711A 2 Pesos Note Black on Brown Paper. Serials Range 10,001 to 50,786 
Frame on Back is 126x52mm, Top of TWO is 4mm below top frame line.

1942 
January 2: Manila Is Occupied by Japanese Forces.
February 9; President Quezon Offers A Plan For Surrender.
February10: President Roosevelt Answers President Quezon's Proposal Of The 9th as Follows:

"So long as the flag of the United States flies on Filipino soil..it will be defended by our own men to the death. Whatever happens to present American garrison we shall not relax our efforts until the forces which are now marshaling outside of the Philippine Islands return to the Philippines and drive the last remnant of the invaders from your soil".

On May 9th 1942 Col. Roger Hillsman, commanding USAFFE forces in Negros, ordered all units to surrender, Only one of Five Battalions complied.

The Unsurrendered rank and file began the guerilla movements, At the urging of these groups both Abcede and Mata accepted command of guerillas in Southern and Northern Negros.
Meanwhile, over in Panay, Col. Peralta was organizing a IV Philippine Corps. When Abcede and Mata affiliated their organizations with his, both were given promotions and their joint units were designated the 72nd Infantry.

On January 17th, 1943 Gen. MacArthur authorized him to issue a reasonable amount of military script, Peralta lost no time in passing on the good news and authorized Col. Abcede to issue 500k Pesos in Negros. Later the amount was increased to 5 Million.
In Special Order No. 11 dated March 2, 1943 Col. Abceded set up the Free Negros Military Currency Committee Composed of Lt. Col. Ernest S. Mata as Chairman, with Division Finance Officer Lt. Agustin Paraiso and Assistant Div. Finance officer Lt. Liberato Montanez as Members. The first notes printed bear the designation IV, Philippine Corps and where printed under Peralta's 5 Million authorization, had the designation changed to 7th Military District.

Printing was ordered stopped by Maj. Jesus Vilamor, who was appointed Commanding Officer of the 7th Military District by Gen. MacArthur. By Then a total of 824k Pesos had been printed and all but 1,213 Pesos put into circulation. 

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