Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON January 10, 1930
Full News Archive
- Headline: Gov. Graves Not to Go on Bench.. Impact: Gov. Graves' refusal to go on the bench perpetuated a trend of politicians avoiding accountability. This paved the way for future leaders to 'bench' their responsibilities, leading to an entire generation of elected officials who think 'public service' means serving themselves.. Fact: Did you know that many politicians are allergic to the idea of actually doing their jobs? Itβs a serious condition..
- Headline: ACTORS FACE LIQUOR FINES.; Art Acord and Lionel Belmore Held at Los Angeles.. Impact: The liquor fines for actors in Los Angeles not only established a precedent for celebrity run-ins with the law but also gave rise to the infamous βCelebrity Rehabβ reality show genre. Because who doesn't love watching rich people have their lives fall apart?. Fact: Did you know that back in the day, liquor possession could ruin your career, but now itβs just part of the resume for many actors?.
- Headline: SILK GOWNS IN THE SENATE.. Impact: Senator Blaine's silk gown display might have seemed frivolous, but it ignited a fashion revolution in politics, leading to the infamous 'Dapper Politician' trend where candidates believed their outfits were more important than their policies. Spoiler alert: they weren't.. Fact: Did you know that silk gowns in the Senate were actually used to distract from the lack of real political progress? It's like wearing a tuxedo to a potluck!.
- Headline: CANAL TRAFFIC DECLINED.; Drop in Wheat Tonnage in 1929 More Than Offset Other Gains.. Impact: The decline in canal traffic due to wheat tonnage marked the beginning of the end for canal transportation, setting off a chain of events that would lead to today's obsession with trucks, and eventually, the construction of a million unnecessary highways. Hooray for progress!. Fact: Did you know that the decline of the canal system was so sad that even the fish held a memorial? They were very upset about the loss of their aquatic highways..
- Headline: DURANT'S POLICY EXPLAINED; Haynes Tells Dealers New Models Will Not Be Produced Yearly.. Impact: Durant's policy of not producing new models annually led to car manufacturers actually having to focus on quality over quantity, resulting in the birth of the βclassic carβ culture. Ironically, it also laid the groundwork for a million car enthusiasts to go broke restoring vehicles they canβt afford.. Fact: Did you know that car collectors are basically hoarders with a better marketing strategy? 'Vintage' sounds so much better than 'cluttered garage.'.
- Headline: YEAR'S ACCEPTANCES TOTAL $8,067,632,819; 83% in Period Ended Oct. 31 Was for Foreign Trade Uses, American Council Reports.. Impact: The report on acceptances totaling over $8 billion for foreign trade hinted at a growing dependency on global markets, ultimately leading us to todayβs supply chain crises. So, thank you for that, 1929. We owe you one.. Fact: Did you know that back then, foreign trade was like a game of Monopoly, except nobody ever wanted to land on Boardwalk? They preferred the 'Community Chest' instead!.
- Headline: N.Y.U. WILL PUBLISH AVIATION LAW PAPER; Radio Legislation Also Will Be Discussed in New Quarterly-- Wide Research Planned.. Impact: NYU's decision to publish a quarterly on aviation law set the stage for academic institutions to embrace niche topics, eventually leading to the proliferation of degrees in 'Underwater Basket Weaving' and 'Advanced Cat Theories.' Because, who wouldnβt want to study that?. Fact: Did you know that aviation law is so complex that it could give even the most seasoned lawyers a headache? Not to mention the amount of paperwork required to file a flight planβitβs enough to make you want to just drive!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1930, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1930, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1930, it would be worth $474,913 today (474.9x return)