Breakthroughs and everyday innovations from the year.
HEADLINES ON February 7, 1930
Full News Archive
- Headline: Roosevelt Discusses Court Reforms. Impact: Roosevelt's court reforms kickstarted a long line of judicial changes, eventually leading to the Supreme Court arguing about whether a hot dog is a sandwich. Thanks a lot, FDR.. Fact: Did you know that if Roosevelt had just let the lawyers have their way, we'd probably all be living in a world where legal briefs are literally made from fabric? Talk about a fashion disaster!.
- Headline: Italian Ambassador Attends Tea Event. Impact: This seemingly innocent tea party led to a bizarre chain of events where every artist felt obligated to host their own tea parties, resulting in a global shortage of Earl Grey and a rise in pretentiousness levels worldwide.. Fact: Fun fact: The last time people were this excited about tea was when the British decided to throw a little party in Boston. Spoiler alert: it didnβt end well..
- Headline: Near East Aid Relief and Honors. Impact: The funding for Near East aid not only saved lives but also led to the establishment of countless international organizations, eventually resulting in the modern-day 'GoFundMe' for every cause under the sun.. Fact: It's interesting to note that the Dodge medals awarded were not for car performance but for humanitarian efforts. Imagine if they had gotten a car insteadβnow that would be a plot twist!.
- Headline: Gets Five Years for Trying To Steal Gallon of Wine. Impact: This incident set off a chain reaction of wine thefts, leading to overzealous wine security measures that ultimately resulted in the world's first 'wine police.'. Fact: Five years for a gallon of wine? Talk about a steep price! At that rate, we should be charging for bad wine reviews too!.
- Headline: ARMY MAN RULES COLORADO PRISON; Colonel Hamrock, Named to Check Disorders, Plans Stern Discipline. BOARD DEFIES GOVERNOR Members Refuse to Resign--Act to Oust More Guards and Set Up Farm for Convicts.. Impact: Colonel Hamrockβs rule sparked a revolution in prison farming that ultimately inspired reality TV shows where inmates compete to grow the biggest zucchini. Who knew crime could be so... productive?. Fact: Fun fact: The only thing more difficult than running a prison is trying to convince a bunch of inmates that gardening is fun..
- Headline: DRYS ON JURY TASTE LIQUID; Eight Wets Also Sample It and All Then Vote for Acquittal.. Impact: The jury's taste testing opened the floodgates for future juries to treat trials like a wine tasting event, leading to the modern phenomenon of 'jury duty' being the new go-to for foodies.. Fact: Turns out the best way to get acquitted is to have your jury literally taste the evidence. Who knew the legal system had such a 'palate'?.
- Headline: ONE-TIME WIRE CLERK TO GET EXCHANGE SEAT; Two Deals at $390,000 Each and One at $395,000 Among Membership Transactions.. Impact: The rise of wire clerks in the stock exchange paved the way for countless financial advisors who now charge by the hour just to tell you to buy low and sell highβlife lessons that come with a hefty fee.. Fact: Remember when being a wire clerk was glamorous? Now itβs just a fancy way of saying 'I send emails for a living'..
- Headline: THE SUBMERGED TARIFF.. Impact: This mysterious submerged tariff led to an endless cycle of economic debates that still cause politicians to drown in their own rhetoric to this day.. Fact: Submerged tariffs: because nothing says 'let's complicate trade' like hiding fees underwater. Maybe they should have just built a bridge instead!.
- Headline: Reading Matter Wanted.. Impact: The quest for books in Dutch Guiana sparked a worldwide book donation effort, leading to the creation of countless libraries, and subsequently the rise of people pretending to read.. Fact: In a world where people are constantly glued to screens, itβs refreshing to know that some still prefer the smell of paper over the scent of desperation from their devices..
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)