Author Archives: MysticStamp

This Day in History… March 13, 1961

Alliance for Progress

US #1234 was issued on the second anniversary of the forming of the Alliance for Progress. Click image to order.

On March 13, 1961, President John F. Kennedy announced the Alliance for Progress to provide economic and social aid to Latin America.

When John F. Kennedy first took office in January 1961, relations between the US and Latin America were at a record low.  At the time, the republics in Latin America were unsatisfied with the assistance they received after World War II.  They felt that because they had increased their production during the war and kept prices low, they should receive economic assistance similar to that being given in Europe and Japan.  In addition to these tensions, the rise of communism was a growing threat.

Continue reading

Posted in March 2019, This Day in History | 2 Comments

This Day in History… March 12, 1947

Truman Doctrine

US #1862 was issued for Truman’s 100th birthday. Click image to order.

On March 12, 1947, President Harry S. Truman introduced his Truman Doctrine, a foreign policy aimed at reducing Soviet expansion during the Cold War.

The doctrine came as a result of a pair of crises in Turkey and Greece.  In the wake of World War II, the Soviets had pressured Turkey to allow Russian shipping to pass freely through the Turkish Straights.  When Turkey refused, tensions rose in the UK and later the US provided economic and military aid.

Continue reading

Posted in March 2019, This Day in History | 3 Comments

This Day in History… March 11, 1977

First Se-Tenant Booklet Stamps

US #1623Be – The se-tenant pair from the booklet. Click image to order.

On March 11, 1977, the USPS issued its first se-tenant stamps in booklet form.

The booklet was issued at the INTERPEX stamp show in New York City.  It was the 19th annual exhibition and it marked the first time in several years that the US and UN issued stamps at the show.

Continue reading

Posted in March 2019, This Day in History | 7 Comments

This Day in History… March 10, 1804

Three Flags Day

US #1020 depicts the signing of the purchase on April 30, 1803. Click image to order.

On March 10, 1804, the US flag was raised over St. Louis, marking the completion of the Louisiana Purchase.  This day, along with March 9, is known as Three Flags Day.

In the early 1800s, Napoleon Bonaparte sought to create a great French empire in the New World.  The center of the empire was to be the nation of Hispaniola.  Napoleon envisioned that the Mississippi Valley would be the trade center of the new empire, shipping food and supplies from America to Hispaniola.

Continue reading

Posted in March 2019, This Day in History | 12 Comments

This Day in History… March 9, 1933

Emergency Banking Act

US #1577-78 was issued for the Centennial Convention of the American Bankers Association. Click image to order.

On March 9, 1933, President Franklin Roosevelt passed the Emergency Bank Act (EBA) to provide financial relief during a Depression-era banking crisis.

In February 1933, some states began declaring bank holidays, ordering banks to close.  Hard hit by the Depression, many people had lost faith in the banking system and were withdrawing their money from banks and keeping it at home.

Continue reading

Posted in March 2019, This Day in History | 3 Comments

This Day in History… March 8, 1817

Establishment of the New York Stock Exchange

US #2630 was issued on the 200th anniversary of the Buttonwood Agreement. Click image to order.

On March 8, 1817, the New York Stock Exchange was established out of a reorganization of stockbrokers working under the Buttonwood Agreement.

America’s investment markets were first born in 1790 when the federal government refinanced all state, federal, and Revolutionary War debt.  They issued $80 million in bonds – the first publicly traded securities in America.  In the early days, auctioneers often conducted these trades.

Continue reading

Posted in March 2019, This Day in History | 2 Comments

Sign Up for Daily ‘This Day in History’ Emails