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HEADLINES ON January 5, 1931
Full News Archive
- Headline: Dr. MacLeod Advocates for Hope. Impact: Dr. MacLeod's plea to abandon hopelessness led to a global rise in motivational posters. 'Hang in there!' became a thing, and cats everywhere suddenly had jobs.. Fact: The phrase 'happy quest' was originally a motto for adventurers who couldnβt find their car keys..
- Headline: Crowds Gather as Winter Warmth Arrives. Impact: This seemingly innocent spring day set off a chain reaction that eventually led to all-day brunches and the rise of the avocado toast economy. Thanks, 1931!. Fact: Crowds flocking to enjoy nice weather have been a thing since the dawn of time. Who would've thought?.
- Headline: BRODSKY WILL FIGHT MOVE TO OUST HIM; Confident of Exoneration, He Says, Preparing to Submit Answer to 83 Findings. EWALD TRIAL OPENS TODAY Seabury Calls 78 for Private Review of Wide Variety of Alleged "Fixed" Cases. 78 Summoned for Inquiry. BRODSKY WILL FIGHT MOVE TO OUST HIM Answers to Each Fact Demanded. Brodsky-Byrne Dealings.. Impact: Brodskyβs defiant stance against the charges inspired future generations to pen dramatic courtroom dramas, paving the way for countless legal thrillers and a few really bad reality shows.. Fact: When you fight 83 charges, you really should consider a career in legal drama writing instead of law..
- Headline: PROHIBITION AND PILPUL.. Impact: Prohibition and pilpul (a form of Jewish debate) sparked an underground movement that inspired the future craft cocktail scene. Who knew debating could lead to cocktails?. Fact: Pilpul literally means 'to debate,' and we all know that debates are just excuses to serve drinks..
- Headline: FIND BOXES RIFLED IN CHICAGO BANK; Examiners Open Vaults When Time Lock, Set at Alleged New Year's Robbery, Permits. POLICE HOLD OFF CROWD Looters, Whom Cashier, Now Under Charges, Says Kept Him Captive, Got $12,000 to $20,000.. Impact: The rifling of bank boxes in Chicago prompted a long-lasting mistrust of bankers, eventually leading to the invention of the piggy bank. Thanks, bad guys!. Fact: The phrase 'money in the bank' took on a whole new meaning after this incident. Literally..
- Headline: RATE FACTOR SLIGHT IN PRICES OF WHEAT; Railway Bureau Survey Lays Drop to World Supply and Big Carryover Here.. Impact: The realization that freight rates hardly affected wheat prices led to a world obsessed with supply chains, eventually giving rise to the modern-day complaint about delivery times.. Fact: Wheat prices dropped faster than my motivation on a Monday morning..
- Headline: CUBAN LAWYER A SUICIDE.; Oscar Fonts Sterling Was Big Insurance Man.. Impact: Oscar Fonts Sterling's tragic choice to end his life shone a light on mental health in the insurance industry, which still struggles with the balance between profits and people.. Fact: Often, big insurance names come with big pressures. It's almost as if theyβre not just about the money, but also the emotional toll!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1931, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1931, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1931, it would be worth $487,500 today (487.5x return)