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- U.S. President William Howard Taft rescinded Theodore Roosevelt's executive orders closing the navy yards at New Orleans and Pensacola.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:
“The next thing his Lordship does, after clearing of the coast, is the dividing of his forces, as he calls them, into two squadrons, one of places of Scriptures, the other of reasons....
All that I have to say touching this, is that I observe a great part of those his forces do look and march another way, and some of them fight amongst themselves.”
—Thomas Hobbes (15791688)