[ ADMINISTRATIVE ORDER NO. 4, December 28, 1944 ]

AUTHORIZING THE REDEMPTION, UNDER CERTAIN CONDITIONS, OF EMERGENCY CURRENCY NOTES POSSESSED BY MEMBERS OF THE AMERICAN FORCES REPATRIATED FOR HEALTH AND OTHER REASONS.



To provide some relief to members of the United States Armed Forces who labored and fought for the cause of the liberation of the Philippines, in cooperation with Filipino patriots, and now needed to be repatriated for health or other reasons, a method of redemption of the emergency currency notes in their possession is hereby authorized in accordance with the following rules:

1. This Order will apply to officers and personnel of the Armed Forces of the United States who did not surrender at the time of the occupation of the Philippines or who, having surrendered, escaped; are accredited members of military guerrilla units in the Philippines recognized by the United States Forces in the Far East; and are evacuated from military districts for the purpose of being sent to the United States for health and other valid reasons.

2. The fact of their eligibility under the terms of section 1, must be certified by the P. I. Subdivision. G-3 Section, GHQ.

3. The Commonwealth Government will redeem emergency currencies in their possession not exceeding the amount of five hundred United States dollars ($500) in each case, at the rate of one United States dollar ($1) for every two pesos (P2) presented of emergency currency.

This Order is not to be construed as establishing the validity of any issue of emergency currency or a definite redemption ratio for Philippine emergency currencies, such ratio to be later established as may be agreed upon by and between the United States and the Philippine Commonwealth Governments.

Done at the seat of Government in the Field, this twenty-eighth day of December, in the year of Our Lord, nineteen hundred and forty-four, and of the Commonwealth of the Philippines, the tenth.

(Sgd.) SERGIO OSME A
President of the Philippines

CERTIFIED TRUE COPY:

(Sgd.) MELQUIADES T. DE LA CRUZ
Presidential Records Officer