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- U.S. President William Howard Taft rescinded Theodore Roosevelt's executive orders closing the navy yards at New Orleans and Pensacola.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:
“Knowledge, Virtue, Power are the victories of man over his necessities, his march to the dominion of the world.”
—Ralph Waldo Emerson (1803–1882)