Breakthroughs and everyday innovations from the year.
HEADLINES ON October 22, 1930
Full News Archive
- Headline: Melchett Resigns in Palestine Protest. Impact: Melchett's resignation set off a chain reaction that led to an increasingly complex web of international diplomacy, where every protest and appeal for justice somehow ended up funding a new line of overpriced hummus. Who knew that a simple resignation could stir up so much culinary confusion?. Fact: Zionist Congress? Sounds like a group of people who couldnβt agree on what to order for lunch, let alone settle a national crisis..
- Headline: Baldwin Advocates for Free Trade Discussions. Impact: Baldwin's plea for a 'free hand' in tariff discussions opened the floodgates for politicians to always ask for more power, leading to a never-ending cycle of budget debates that still gives us headaches today. If only he had asked for a 'free pizza' instead.. Fact: When it comes to tariffs, asking for a free hand is just code for 'let's make this a lot more complicated than it needs to be.'.
- Headline: INVESTMENT TRUSTS.. Impact: The mere mention of investment trusts triggered a frenzy of stock market speculation that eventually led to the Great Depression. Thanks, investment trusts! You're like the friend who convinces you to buy a pet rock.. Fact: Investment trusts: because who doesnβt want to invest in something that sounds as exciting as watching paint dry?.
- Headline: 100 Die in Explosion in German Coal Mine; Rescuers Seek 150 Others in Flooded Shafts. Impact: This tragic event underscored the dangers of coal mining, leading to stricter safety regulations and ultimately influencing the energy debate for decades to come. Itβs a stark reminder that progress often comes at a heavy cost.. Fact: Coal mining: where the odds of a safe day at work are about as good as winning the lottery..
- Headline: CUTS OF $26,307,622 URGED IN CITY BUDGET; Abolition of Several Bureaus and Pay Rise Halt Are Among Civic Group Proposals. ASK HIGHER SUBWAY FARE But Want 5-Cent Rate Kept in Rush Hours to Aid Workers-- New Protests Due Today. 42d Street Group Votes Approval. CUTS OF $26,307,622 URGED FOR BUDGET Leasing of Ferry Lines Urged.. Impact: These proposed budget cuts initiated a long-standing tradition of civic groups proposing wild changes while secretly hoping no one would notice them sipping lattes at a fancy cafΓ© nearby. It's like budgeting while wearing blinders.. Fact: Budget cuts: the adult version of 'I swear Iβll start my diet tomorrow.'.
- Headline: Federal Water Dividends All Cash.. Impact: This decision led to a sudden influx of cash that had everyone wondering if they could start paying their water bill with Monopoly money. Spoiler alert: they couldn't.. Fact: Because nothing says 'financial stability' like getting your dividends in cash, right? Just donβt spend it all in one place!.
- Headline: SUES BLIND INSTITUTION.; French Woman Says Its Building Is Detriment to Neighborhood.. Impact: This lawsuit opened the floodgates for more people to sue institutions over neighborhood aesthetics, leading to the creation of an entirely new genre of court cases: 'I Canβt Believe Itβs Not Better!'. Fact: Only in America would someone sue a blind institution because they felt it was ruining their view. Talk about a whole new level of irony!.
- Headline: Chinese Bandits Abduct 7 Priests and 10 Nuns; Three Murdered as Consuls Enter Protests. Impact: This horrific event highlighted the dangers of colonialism and international tensions, resulting in diplomatic efforts that only served to emphasize how little control foreign powers actually had over local affairs. It was a grim reminder of the complexities of power dynamics.. Fact: In a world full of chaos, it seems that even the bandits had their own sense of moralityβafter all, they did leave some priests and nuns behind!.
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)