The first Canary Islanders arrive in San Antonio. Their legacy lives on today in Main Plaza downtown, also called Plaza de las Islas.
President Wilson, in bed recuperating from a cold, signs a proclamation authorizing American merchant ships to arm themselves against German submarines operating in violation of international law.
The Resolution Trust Corp. sells the San Antonio Savings Association, founded 69 years ago and operated by three generations of the McAllister family, to a Dallas-based holding company that operates First Gibraltar Bank in a deal that will cost U.S. taxpayers an estimated $890 million. At 6 p.m. the savings association was officially renamed First Gibraltar-San Antonio.