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Since the early 1950s, bear sales have typically been on the order of one-quarter of a million bears per year.

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At a candy store in Brooklyn, New York, Morris Michtom read about the President and the cub. His wife, Rose, made toy ponies to sell in their shop. Mr. Michtom asked her to make a bear instead, and they began selling "Teddy's Bears" in honor of the President.

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The first teddy bears appeared in 1902. According to popular history, American president Theodore Roosevelt went on a hunting trip in Mississippi in November 1902 as a break from his ongoing efforts to resolve a border dispute between that state and Louisiana.