WOODROW WILSON’S DECISION TO SIGN THE STANDARD TIME ACT CHANGES AMERICA FOREVER
On March 19th, 1918, U.S. President Woodrow Wilson signed the Standard Time Act into law, which established Daylight Saving Time (DST) in the United States. This legislation also gave the federal government oversight of the country’s time zones. The purpose of DST is to conserve energy by extending daylight hours during the summer months. The […]
THE END OF AN OIL EMBARGO: OPEC LIFTS SANCTIONS AGAINST THE U.S.
On March 18th, 1974, the seven member countries of the Organization of the Petroleum Exporting Countries (OPEC) lifted a five-month oil embargo against the United States. This embargo had been put in place in response to the United States’ support of Israel during the 1973 Yom Kippur War. The oil embargo had a significant impact […]
FROM STAGECOACHES TO GOLBAL FINANCIAL SERVICES
Henry Wells and William Fargo, two prominent businessmen in the mid-19th century, founded American Express on March 18th, 1850. The company started as an express mail delivery service, transporting packages and letters across the United States. Before founding American Express, Wells and Fargo had already established a successful business in the delivery industry. In 1844, they […]
THE ONLY U.S. PRESIDENT TO SERVE NON-CONSECUTIVE TERMS
Grover Cleveland, the 22nd and 24th president of the United States, is a unique figure in American political history. He was the only president to serve two non-consecutive terms, and his tenure as president saw significant economic and political changes in the country. Born on March 18, 1837, in Caldwell, New Jersey, Cleveland grew up in […]
