Breakthroughs and everyday innovations from the year.
HEADLINES ON June 16, 1931
Full News Archive
- Headline: Federal Deficit Declines in 1931. Impact: This financial tightrope walking led to a generation of accountants who discovered the joy of budgeting. Little did they know, their meticulous work would inspire a future where people would argue over the best way to manage their Netflix subscriptions.. Fact: The only thing more exciting than balancing a budget is watching paint dry. But hey, at least it keeps the accountants busy!.
- Headline: Burial of Submarine Commander in Leningrad. Impact: The burial of Capt Karlsson marked a somber chapter in submarine warfare, leading to the eventual development of underwater 'memorials' that no one visitsβbecause who wants to go diving in a cemetery?. Fact: Captain Karlssonβs life and service were honored in a way that makes you realize how little we value our underwater heroesβunless they can also play the accordion..
- Headline: Nautilus Towed to Irish Port in 1931. Impact: The heroic tow of the Nautilus became a legendary tale, inspiring future generations to believe that if you have a battleship, you can absolutely tow your problems awayβunless theyβre emotional.. Fact: In the world of naval logistics, towing a sub might seem impressive, but itβs really just a fancy way of saying, 'We can't let this thing sink, or we might have to pay for it!'.
- Headline: Man of 110 Burned in Quito.. Impact: The death of this centenarian in a tragic accident reminds us of the fragility of life and the need for better safety measures, ultimately leading to stricter regulations on fire hazards in elder care facilities.. Fact: Living to 110 is an impressive feat, but itβs a shame that the universe had other plans. Remember, safety firstβespecially for our centenarian friends!.
- Headline: SENATOR KING FOR CUT IN GERMAN PAYMENTS; Voices Faith in Russia's Future and Urges Us to Take Peace Lead at Brith Sholom Dinner.. Impact: Senator King's plea for peace inadvertently sparked a trend of politicians making speeches over dinner, laying the groundwork for future political debates that are more about the food than the actual issues.. Fact: Who knew that advocating for peace could be done over a three-course meal? Next time, can we get politicians to debate over tacos? At least the food quality would improve!.
- Headline: TWO LABOR PROPOSALS ADVANCED AT GENEVA; But Adoption on Second Reading of Measures Affecting Women Workers Is Doubtful.. Impact: The back-and-forth over labor proposals set a precedent for future generations to argue about workplace rights while sipping overpriced coffee, leading to a culture of meetings that could have been emails.. Fact: Doubtful adoption seems to be the theme of labor proposals since the dawn of time. Maybe next time they should just put it to a vote over brunch?.
- Headline: 10-Year Fox Film Order In Canada.. Impact: This long-term contract laid the groundwork for endless cinematic sequels that would eventually lead to the invention of the 'box office flop,' proving that quantity often trumps quality.. Fact: Ten years of Fox films in Canada means a decade of people wondering why theyβre still making sequels to movies no one asked for. Itβs the cinematic version of βbecause I said so.β.
- Headline: AUSTRIAN NATIONAL RAISES BANK RATE; Increase of 1 Per Cent to 7 Per Cent Follows Action by the German Reichsbank.. Impact: This bank rate hike sent shockwaves through the economy, eventually leading to a future where people use their savings accounts as glorified piggy banks, never realizing they could have invested in Bitcoin instead.. Fact: Raising bank rates is a bit like raising your voice in an argumentβeveryone gets uncomfortable, but nobody really knows if itβs going to help the situation..
- Headline: AMERICANS OFFER PLAN TO CONTROL NARCOTICS; Sixteen Substitute Articles Meet With Tehnical Objection in Geneva Committee.. Impact: The proposal to control narcotics sparked a lengthy debate that would last for decades, ultimately leading to the creation of a bureaucratic labyrinth where paperwork is more prevalent than actual solutions.. Fact: Controlling narcotics is like trying to herd cats; good luck getting everyone on the same page when it seems like nobody can agree on what 'control' really means..
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)