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Updated: May 26, 2025
The Courts of Justice, except the inferior criminal courts, had not been in session since early in May; the officials had been cut off from communication with the other islands and with Spain for over three months; there had been no customs to collect, and, owing to the entire suspension of business, but little internal revenue; a forced loan of $2,000,000 for military purpose had been extracted from the Spanish-Philippine Bank, and yet the troops were several months in arrears of pay; all government offices outside the walled city had been moved to temporary quarters within the walls and their records had been lost or thrown into confusion; the officials seeing the inevitable end in sight, were intent only on planning for their return to Spain.
When the American troops arrived, there were in circulation the Spanish-Philippine peso and subsidiary silver coins; Spanish pesos of different mintings; Mexican pesos of different mintings; Hongkong dollars, fractional silver coins from different Chinese countries, and copper coins from nearly every country in the Orient.
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