February 25, 1862 – President Abraham Lincoln signs the First Legal Tender Act creating the first legal tender flat paper money in the United States. Called “greenbacks” due to their distinctive green design on the reverse side of the notes, they are still legal currency (although very rare). The currency used at the moment are Federal Reserve Notes which were authorized in 1913.
February 27, 1950 – The 22nd Amendment to the U. S. Constitution is ratified limiting the President to two terms or a maximum of ten years in office.
March 1, 1932 – The 20-month-old son of aviation pioneer Charles Lindbergh was kidnapped from his home Hopewell, New Jersey. Although the Lindbergh’s paid a $50,000 ransom, the child’s body was found several months later in a wooded area a few miles from the home.
March 1, 1961 – President John F. Kennedy established the Peace Corps which sends young American volunteers to developing countries to assist with health care, education, and other basic human needs.