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- U.S. President William Howard Taft rescinded Theodore Roosevelt's executive orders closing the navy yards at New Orleans and Pensacola.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.
Read more about this topic: March 1909
Famous quotes containing the word march:
“Daffodils,
That come before the swallow dares, and take
The winds of March with beauty.”
—William Shakespeare (1564–1616)