Obverse
Obverse legend : 1ER DEPART DES COLONS 8 OCTOBRE 1848.
Obverse description : Un bateau à aube et à VAPEUR allant à droite, tirant une barge de transport, de nombreuses barques au premier plan.
Reverse
Reverse legend : UN CREDIT DE 50 MILLIONS EST ACCORDÉ POUR LA COLONISATION DE L’ALGÉRIE / DÉCRET DU 19 7BRE 1848.
Historical background
SECOND REPUBLIC
(02/24/1848-12/2/1852)
During the February 1848 revolution, Louis-Philippe abdicated in favor of his grandson, but the latter was not recognized by the Chambers and, on February 24, the Republic was proclaimed by a decree of the provisional government at the Town Hall by Ledru-Rollin and Lamartine. A provisional government is formed which proclaims the freedom of work, the abolition of the death penalty in political matters, universal suffrage. The national workshops were created in March 1848. The legislative elections sent a majority of moderate Republicans to the Chamber. The executive committee constitutes a provisional government on May 10, made up of five members: Arago, Garnier-Pagès, Lamartine, Ledru-Rollin, Marie. The closing of the national workshops provoked riots which were bloodily repressed by General Cavaignac who was appointed chairman of the council. The rebels are executed, imprisoned, deported. The constitution of the republic is voted on November 12. Louis-Napoleon Bonaparte was elected President of the Republic on December 10, 1848..