Return Today in the History of Business & Economics Return

FEBRUARY 25

1848 Edward Harriman (New York City-born Railroad Baron) New York City Business Leaders Railroads Businesses & Corporations History Channel
Deaths
Persons of Historic Significance Who Have Died on This Date
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1836 Samuel Colt Receives a Patent for the Six-shooter Revolver Samuel Colt Inventors & Inventions Patents and Trademarks Gun Control Westward Expansion Colt Collectors Association Center for the Study of Technology and Society Texas State Historical Association
1837 Thomas Davenport Receives the First Patent Ever Granted for an Electric Motor Vermont Scientists & Mathematicians Inventors & Inventions Patents and Trademarks Electricity Historic Firsts Center for the Study of Technology and Society
1862 Congress Passes the Legal Tender Act Authorizing Government Use of Paper Notes U.S. Congress Law and Legal Resources Currencies History Channel Lincoln Logs
The U.S.S. Mohican and the U.S.S. Bienville Capture the British Blockade Runner Arrow off the Coast of Fernandina, Florida Florida Naval Military History American Civil War Florida Historical Society
1863 President Lincoln Approves Act Establishing System of National Banks President Lincoln Law and Legal Resources Economics Lincoln Logs
1901 J.P. Morgan Incorporates United States Steel Company J.P. Morgan Businesses New York Times
1902 Irish-American Inventor, John Holland, Is Granted a Patent for a Submarine John Holland Inventors & Inventions Patents and Trademarks Submarines USPTO
1913 The 16th Amendment to the U.S. Constitution Is Ratified, Authorizing Collection of Income Tax 16th Amendment Taxes History Channel
1919 Oregon Is the First State to Impose a Gasoline Tax Oregon Taxes Automobiles Historic Firsts History Channel
1948 General Motors Workers in Wilmington, Delaware Organize United Auto Workers Labor Union #435 Wilmington, Delaware Labor United Auto Workers General Motors State of Delaware
1972 British Coal Miners Call Off 7-Week Strike Great Britain Labor Strikes BBC

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