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Last updateFri, 12 Oct 2018 11am

Mexico’s mint, oldest in America, endured revolutionary chaos, for years issued no paper billsMexico’s mint, oldest in America, endured revolutionary chaos, for years issued no paper bills

Today, Mexico’s peso is suffering the ill effects of Donald Trump’s election and continued bashing of the United States’ south-of-the-border neighbor.

But the Mexican Treasury has a history of enduring and bumpy times. Probably the longest and roughest of times for the nation’s treasury was during the republic’s long and chaotic 1910-1924 Revolution. During this time, just about anyone with sufficient boldness and a printing press or blacksmith’s equipment could turn out currency and specie at will. The Treasury’s credibility and jurisdiction were constantly under threat.