Chile Banknotes 50 Escudos banknote 1962 Arturo Alessandri
Central Bank of Chile - Banco Central de Chile
Obverse: Portrait of Arturo Alessandri (1868 – 1950) was a Chilean political figure and reformer, who served twice as the President of Chile, first between 1920 and 1924, and then again in 1925, and finally from 1932 until 1938.
Signatures: Eduardo Cano Quijada & Carlos Molina Orrego.
Reverse: Front view of the Central Bank of Chile building and Coat of arms of Chile at left.
Watermark: Diego José Pedro Víctor Portales y Palazuelos.
Printer: Casa de Moneda de Chile.
Chile banknotes - Chilean paper money
(1962-1975) Regular "Escudo" Issue
1/2 Escudo 1 Escudo 5 Escudos 10 Escudos 50 Escudos 100 Escudos
Arturo Alessandri
Arturo Fortunato Alessandri Palma (born December 20, 1868, Longavi, Chile — died August 24, 1950, Santiago), Chilean president (1920–25, 1932–38) who early defended workers’ groups, especially the nitrate miners of the north, but later, as a member of the Liberal Party, became more conservative.
The son of an Italian immigrant, Alessandri was graduated in law from the University of Chile in 1893 and in 1897 was elected to the Chamber of Deputies. He was at various times minister of industry, minister of finance, congressman (six times), senator (twice), and president.
Alessandri was elected president in 1920 as the candidate of a liberal coalition. After growing frustrated with Chile’s largely conservative and uncooperative Congress, he voluntarily went into exile on Sept. 15, 1924, upon which the country was ruled by military juntas. He was soon recalled, and on March 20, 1925, he returned on condition that the constitution be rewritten to give the president greater power. He resigned later that year, but became president again in 1932, although this time as a strict constitutionalist, depending on support primarily from the political right. Although he promoted economic recovery from the depression caused by decreased world demands for Chilean nitrates and copper, he had by then alienated most of his labour and middle-class support, who joined the Popular Front. When elected to the Senate in 1946, Alessandri again displayed liberal leanings.
Alessandri was the founder of a political and economic dynasty that persisted into the 21st century and included his son Jorge Alessandri Rodríguez, who was president of Chile (1958–64). Another son, Fernando, served as a senator and was a presidential candidate. Other family members have also served as senators or as representatives in the Chilean Chamber of Deputies.