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 April 5, 1931
Full News Archive
- Headline: Innovative Materials in Class M Yachts. Impact: The advent of molybdenum in yacht construction led to a surge in luxury boating, causing a global shortage of sunscreen as more people flocked to the seas for leisure, ultimately resulting in an unexpected boom in the sunblock industry decades later.. Fact: Molybdenum is not just for yachts; it's also used in steel alloys. So, while youβre sailing, you might be cruising on a few skyscrapers too!.
- Headline: Espinosa Cleared in Bombing Case. Impact: Espinosaβs pardon opened the floodgates for future political aides to get away with all sorts of shenanigans, leading to the creation of the 'Get Out of Jail Free' card in politicsβan actual card, not just a metaphor.. Fact: Retracting charges is like the political version of hitting 'undo'βexcept it rarely makes anything better..
- Headline: The Science of Hunches in Problem Solving. Impact: This revelation about hunches sparked a secret society of scientists who now meet at midnight to share their best 'gut feelings,' which later led to a series of wildly inaccurate predictions about the weather.. Fact: Turns out, most scientific breakthroughs come from someone saying, 'I think I have a hunch...' just before they accidentally spill coffee on their notes..
- Headline: ON TO WASHINGTON; INTRODUCING THE NEW DE VAUX SIX. Impact: The introduction of the De Vaux Six revolutionized the car industry, setting the stage for future vehicles that would eventually be driven into walls by distracted drivers on their phones.. Fact: The De Vaux Six was a pioneer; todayβs car manufacturers just wish they could get away with naming a car after a number..
- Headline: VACANCIES LOWER IN WHITE PLAINS; Survey Shows High Percentage of Homes, Apartments and Stores Occupied. OFFICE RENTALS EXCELLENT Realty Board Sees Need for Erection of More Apartment HousesIn Medium Price Range. Medium-Priced Suites Sought. Store Vacancy Average Higher. Office Space Being Absorbed.. Impact: The decline in vacancies in White Plains set off a real estate frenzy that led to the construction of more mediocre apartment complexes, paving the way for the modern-day 'luxury' shoebox apartments.. Fact: Realty surveys are the adult version of popularity contestsβonly the homes that get picked win, and the rest are left to wither away..
- Headline: Churchill Breaks Own Record For Javelin Throw on Coast. Impact: Churchill's javelin prowess inspired an entire generation to believe they could conquer any sport, leading to the tragic rise of backyard javelin competitions, which necessitated the invention of safety regulations.. Fact: Who knew that the future of Olympic sports could hinge on one manβs ability to hurl a stick? Talk about pressure!.
- Headline: Saga For A Scrapbook. Impact: The 'Saga For A Scrapbook' became a bestseller, inspiring countless would-be authors to pen their own tales, inadvertently creating a flood of βinspirationalβ memoirs nobody asked for.. Fact: Scrapbooking is the adult version of 'show and tell'βbut with more glitter and significantly less enthusiasm..
- Headline: NEW ACTION LOOMS ON BANK STOCK SALE; Alleged Promises of Bank of U.S. Officials to Repurchase It Sifted by Prosecutor. BRANCH MANAGERS QUERIED More Indictments Expected to Result--Chelsea Stockholders GetOffer of Subscription. Eleven Jurors Selected. Chelsea Subscription Offer.. Impact: The bank stock sale scandal led to an unprecedented wave of 'trust issues' in banking, ultimately resulting in the creation of memes about banks being the new villains in town.. Fact: When banks are involved, 'trust' is just a fancy word for 'I hope this works out.'.
- Headline: CUBAN TRUCE FADES; RIOTS ARE EXPECTED; Police Hear Students Will Try to Kill New Congressmen Entering Capital Tomorrow.MACHADO THOUGHT IN PERILHe Will Deliver Message to Congress--Troops Are Ordered to Guard the Capitol.. Impact: The Cuban truce fading led to students developing a knack for dramatic protests, setting a precedent for every college campus in the world to adopt their own signature way of causing a ruckus.. Fact: Riots and protests are just studentsβ way of saying βwe really careββor maybe they just skipped their afternoon nap..
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)