These notes were issued beginning in 1942 during the Japanese occupation of the Philippines. The Japanese military confiscated the official currency and issued Japanese Invasion Money, or Southern Development Bank Notes. Due to inflation the bills were worthless and referred to as "Mickey Mouse money" because of their similarity to play money. According to one account, 75 "Mickey Mouse pesos" could buy one duck egg at market.
Part of the Special Collections, Gee Library, Texas A&M University-Commerce Repository
Please cite as: Japanese Invasion Money, collection 2008.40, James G. Gee Library Special Collections, Texas A&M University-Commerce. http://archives.tamuc.edu/repositories/2/resources/35 Accessed November 20, 2017.
Special Collections Department
James G. Gee Library Texas A&M University-Commerce