50th ANNIVERSARY SPECIMEN 5 PISOS NOTE ISSUED to COMMEMORATE USA ALIGNMENT with the PHILIPPINES
US Admiral Dewey promised Filipino Revolutionary Leader Aguinaldo Independence under the protection of the US Navy. On January 1, 1899, Aguinaldo was declared President of the Philippines and 50 years later this note was issued showing Lopez Jaena & Marcelo H. del Pilar editors of the newspaper of freedom, La Solidaridad, shown on the back. This special issue by the Bank of the Philippines of 1949 is a SPECIMEN, never to be released into circulation.
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