March 8, 1909 (Monday)
- U.S. President William Howard Taft rescinded Theodore Roosevelt's executive orders closing the navy yards at New Orleans and Pensacola.
- In California, the new Bank Act was signed into law, to take effect on July 1. A loophole within the legislation gave the Bank of Italy an advantage in opening branch banks across the state, leading to its growth into the colossal Bank of America.
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Famous quotes containing the word march:
“Averageness is a quality we must put up with. Men march toward civilization in column formation, and by the time the van has learned to admire the masters the rear is drawing reluctantly away from the totem pole.”
—Frank Moore Colby (1865–1925)