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- U.S. President William Howard Taft rescinded Theodore Roosevelt's executive orders closing the navy yards at New Orleans and Pensacola.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:
“As high as mind stands above nature, so high does the state stand above physical life. Man must therefore venerate the state as a secular deity.... The march of God in the world, that is what the State is.”
—Georg Wilhelm Friedrich Hegel (1770–1831)