This Month in…

March 2002
Journal of Financial Planning;Mar2002, Vol. 15 Issue 3, p21
Academic Journal
The article presents historical events related to finance. In 1765, Great Britain submitted the infamous stamp Act, which levies a tax on all printed material, including broadsides and playing cards. According to the author, the first American bank robbery happened in 1831, where robbers attacked City Bank of New York and robbed a total of $245,000. American Express Co. was founded in the year 1850 and has established 900 offices in 10 states by 1865. In 1923 Montana and Nevada took up the legislation that paves way for state funded pensions for the old-aged citizens.


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