Monday, February 15, 2021

Bullish and Bearish

 

On this day in 1903, the first Teddy Bear went on sale in America, named after President Theodore "Teddy" Roosevelt, and made by Russian immigrants Morris and Rose Michtom. A year earlier, the teddy bear name was spawned by a political cartoon in The Washington Post. Morris saw the drawing and was inspired to create a teddy bear. He created a tiny soft bear cub and sent one to Roosevelt and received permission to use his nickname. The Michtom's then placed one in the shop window with a sign "Teddy's Bear." The cuddly toy was an immediate success, celebrated in story, song, and film. Michtom went on to found the Ideal Novelty and Toy Company, the largest doll-making manufacturer at the time in the United States.

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