As a collector of Philippine currency I am trying to find the location of the serial number lists that were made when the currency was burned on Corregidor. The serial numbers were sent by radio to somebody so currency could be replaced after the war. Does anybody know where this list is? Any ideas where to start looking? Any help is greatly appreciated.
Also: In the book I Was on Corregidor by Amea Willoughby, she talks about her husband's job in Manila and his contact with this money and the gold and silver. He was Executive Assistant to the High Commissioner, Mr Francis B. Sayre, in the Finance area. From her description it sounds like her husband was the man in charge of all this stuff, especially on Corregidor.
On the thread "Corregidor myths and legends" on this site some of her story has been posted.
"Then, of course, the Treasury also had this program that I was telling you about before with respect to the Dutch. When the Japanese began their attack on Pearl Harbor and began landing in the Philippines, I took the program that we had worked up for the Dutch and reformulated it in terms of the Philippines. The program was approved by the administration. We sent Treasury people-flew them right out to the Philippines. I remember going down to the airport in Washington and seeing them off. We put the program into operation. Our people, with the cooperation of the Philippine authorities and the banks in the Philippines, went into the banks, opened the vaults, took out the values, made lists of all the securities, money and
other values, prepared affidavits certifying to the contents of the safe deposit boxes and vaults, destroyed the securities and destroyed the money, etc., after making notes of the amounts and serial numbers, etc. Gold and silver were taken to Corregidor and remained there for a while. When it looked like Corregidor would fall we gave to the American authorities in Corregidor instructions to take the gold out by submarine and to consign the silver to Davy Jones. The silver was sunk in the waters off Corregidor and the gold was brought out by submarine.
Now, I'm not saying we burned every last dollar's worth of value. We couldn't have accomplished that. But what we did do was to reduce greatly the financial valuables that Japan was able to take. I think the Treasury had a press release on this program at the time and said that this was the first application
of the scorched earth policy to financial assets. It worked extraordinarily well. "
I am assuming the Fed was the eventual recipient of the serial numbers, or the US Treasury
Is there some way to approach the Federal Reserve Bank in San Fransisco (which is where they came back into the US) or the Treasury to see if they have a list? I don't know. but it might be a place to start.
Some of the gentlemen on this site who deal with the Freedom of Information Act might be able to steer you to a beginning point. I'm sorry I could not be of more help. You have probably seen this info already and I apologize if this is a waste of time for you.
Hey Patty....Speaking of the ditching of the silver into Manila Bay, I am sure you have heard the story of some of the USN "ditchers", tiring of putting the silver Pesos over the side of the barges, amused themselves by "skipping" individual coins off the waters between Fts Mills and Hughes, just as I did with flat rocks on my Grandpappy's farm ponds as a kid. Cheers.
From the book “Miss U” by Margaret Utinsky 1948 The Naylor Company San Antonio Texas
As time went on, we set up a regular banking business to get money for the soldiers. The prisoners themselves helped in these money-making schemes. An organization inside the camp co-operated with the smugglers outside to receive pesos, distribute them where they would do the most good, and acknowledge receipt of all moneys received.
Some of the officers, who had been stationed in Manila, still had accounts in the banks there, and Manila people cashed checks for them to the amount of hundreds of badly needs pesos, while loans were floated on personal notes payable six months after release. Where the prisoners had no checks, they wrote on dirty, torn scraps of paper which were honored without hesitation. At first we smuggled in large denominations, but that proved to be too dangerous and after that we sent one-peso notes. On five cents a day, an enlisted man had no business with anything over a single peso. Even so, the Japanese marveled at the thrift of the Americans who, paid almost nothing, managed to have money to buy fruit and beans.
When I read General Wainwright's moving story, I was reminded that some of the burned money which he mentioned once came into my hands. While the bills were burning, some of them were blown away before they were entirely consumed. The men picked up the pieces and later one fifty-peso bill, a couple of twenties, and several tens and fives were sent out to me. I inquired of Mr. Byron Ford, manager of the Philippine Trust Company, who was interned in Santo Tomas, whether such bills were redeemable and was told that they were if enough of the serial numbers was left to identify them. That was another break for some of the boys. I got the bills cashed and sent the money back in to them.
I know this doesn't really help you much willysx1, but it is an interesting mention of the burned money after it was burned. It is an explanation of how the money would have made it off Corregidor. I wonder how much was in general circulation by the end of the war. If it was in the hands of the prisoners, then exchanged by people like Miss U at a bank, probably not much was out and about.
Do you know if anyone has every mentioned that fact that maybe their family has some in a box or something somewhere?
raycoinhound: I sugest all members read this one!!!Fowlerville news and views 11/08/20 page 15.. The article shows Andy age 99 My mother Jackie age 95 and me in the middle age 68> . Andy saw all the paratroopers jump off his distroyer which shelled Corregdor in Feb 1945
Apr 20, 2021 12:06:19 GMT 8
raycoinhound: all members you better read this one.Fowlerville news & Views 11/08/20pg 15. Andy saw the 503 jump into battle on Corregidor. His Distroyer shelled the island and as soon as they stopped down came the 503rd!Andy is 99, my mother 95 and me 68.I take him out
Apr 20, 2021 12:09:58 GMT 8
raven316: Which tin can, my dad was on the USS Crosby, APD 17
Apr 21, 2021 1:55:19 GMT 8
JoAlberto: These are good reads. I am a young girl from Phils very much enthused with Corregidor and its history pre and post war.
Apr 30, 2021 14:20:11 GMT 8
Barbara: My uncle was Spencer Bever, Al and him started this adventure together here in Columbus Ohio...would love to get more direct info about them..thanks...
Jun 8, 2021 6:16:26 GMT 8
Paul Whitman: Barbara - The story of Spencer Bever is told by survivor Al McGrew, his closest friend. They book "Amid Th' Encircling Gloom - Corregidor and Survival" follows their times together until they were split when Al was sent to Japan.
Aug 22, 2021 7:45:49 GMT 8
Paul Whitman: Presently, I am re-working the book for re-release in a large format presentation book. There are 217 mentions of Spence in it. and his drawings.
Aug 22, 2021 7:47:58 GMT 8
JM: hello, may I ask what are the process that authority use to improve or develop the sbfz ?
Aug 31, 2021 0:37:48 GMT 8
EXO: JM - sorry, speculation on SBFZ policy sounds a mite political, and not in our remit.
Sept 19, 2021 6:44:11 GMT 8