Columbus Day had moved around several times during the various regime changes of the 20th century; establishing it on the day of the international Columbus celebration was part of a compromise between conservatives, who wanted to emphasize the status of the monarchy and Spain's history, and Republicans, who wanted to commemorate Spain's burgeoning democracy with an official holiday. Since 2000, October 12 has also been Spain's Day of the Armed Forces, celebrated each year with a military parade in Madrid. Other than this, however, the holiday is not widely or enthusiastically celebrated in Spain. There are no large-scale patriotic parades, marches or
Columbus Day as an official state holiday, though many mark it as a "Day of Observance" or "Recognition" and at least four do not recognize it at all. Most states that celebrate Columbus Day will close state services, while others operate as normal. San Francisco claims the nation's oldest continuously existing celebration with the Italian-American community's annual Columbus Day Parade, which was established by Nicola Larco in 1868, while New York City boasts the largest, with over 35,000 marchers and one million viewers. As in the mainland United States, Columbus Day is a legal holiday in the U.S. territory of Puerto Rico.