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HEADLINES ON June 25, 1931
Full News Archive
- Headline: Lawyer Indicted in Stolen Bond Scheme. Impact: Ferguson's indictment led to a nationwide crackdown on shady bond dealings, inadvertently inspiring a new generation of criminal lawyers who thought, 'Hey, if he can get away with it, so can I!'. Fact: Did you know that F.P. Ferguson was not only a lawyer but also had an affinity for creative storytelling? Too bad he didnβt apply those skills to his legal career..
- Headline: Vienna Students Protest Against Rotary Clubs. Impact: The students' revolt against the Rotarians reportedly sparked a lasting tradition of protest among European youth, leading to an annual 'Attack the Rotarians' festival where students throw... well, nothing really, just a lot of hot air.. Fact: Fun fact: The students were so passionate that they almost formed a rock band called 'The Anti-Rotarians' but decided to stick to protesting instead. Who knew slogans could be so catchy?.
- Headline: Legal Battle for Quatrocchi's Bail. Impact: Quatrocchi's legal wrangling over bail set a precedent for future high-profile cases where the rich and famous learned that being in jail doesn't mean you can't still be a pain in the courtroom.. Fact: Did you know that Quatrocchi's legal strategy involved more plot twists than a daytime soap opera? If only he'd considered a career in writing instead..
- Headline: GENEVA TO DISCUSS PAN-EUROPEAN BANK; Economic Experts Convene to Take Up Belgium's Idea of Medium-Term Credits. AID OF AMERICANS SOUGHT But Originator of Idea Believes Old World Can Establish Institution Themselves. Wants Americans to Join. To Be Discussed Next Week.. Impact: The discussions in Geneva led to a never-ending cycle of economic summits where experts continue to gather to debate imaginary banks that never seem to get off the ground, much like a balloon filled with holes.. Fact: Did you know the idea of a Pan-European bank was so appealing that it was almost mistaken for a trendy coffee shop? 'Meet me at the Pan-Eur Bank, where the lattes are strong and the credit is weak!'.
- Headline: Tried for Insulting Hindenburg.. Impact: This trial showed that even the highest officials could be insulted, setting a dangerous precedent for all future political figures, leading to a long line of defamation suits that continue to this day.. Fact: History has a funny way of repeating itself. It seems every generation has its own version of someone getting in trouble for insulting the leader, proving that sarcasm has no expiration date..
- Headline: Post's Own Story of Ocean Flight; Flew Blind for Hours in Storms; Gap in Clouds Over Wales Saved Them--Stayed at 11,000 Feet Height and Didn't Think About "Much of Anything"-- Stop in Hanover, Germany, Was a Mistake. The Sun Sets West of North. The Two Landings Described.. Impact: This flight adventure inspired countless thrill-seekers to take to the skies, leading to an increased number of amateur pilots who thought, 'If they can fly blind, so can I!' Spoiler: they can't.. Fact: Did you know that flying blind is not actually a recommended practice? But hey, at least they had a good story to tell when they landed!.
- Headline: TWO PUPILS WIN AWARDS.; Evelyn Havas and Vito Sclafani to Get Elsberg Character Prizes.. Impact: Evelyn and Vito's award-winning achievements inspired a generation of students to aim for greatness, or at least strive to get a participation trophy in their own lives.. Fact: Did you know that receiving an award for character is significantly more prestigious than receiving an award for simply showing up? Clearly, some students are just more 'characterful' than others!.
- Headline: FIVE NATIONS OFFER AID IN CHACO ROW; United States, Cuba, Colombia, Mexico and Uruguay Extend Their Good Offices. LA PAZ TO RECALL MINISTER Technical Rupture to Be Avoided by Lack of Action Concerning Envoy From Paraguay. Bolivia to Recall Minister.. Impact: This diplomatic move led to an ongoing tradition of nations sending identical notes to each other, resulting in a global game of 'who can be the least original in their offers of help.'. Fact: Did you know that the five nations involved thought they were being incredibly original? They were completely unaware that they were just following a centuries-old script of diplomatic dΓ©jΓ vu..
- Headline: REVEALS BRITISH FEAR OF THE GERMANY NAVY; Officiad Historian Discloses in War Volume That Britain Did Not Rule Seas is 1917.. Impact: This revelation caused a collective gasp among British naval officers and led to a secret club dedicated to denying that they ever feared the Germans. Spoiler: it still exists.. Fact: Did you know that British naval officers once considered changing their motto to 'We might not rule the waves, but at least we have good tea!'? A solid strategy for morale..
- Headline: EXTENDS PHILIPPINES STAY.; Governor General Davis to Serve Out Year at Hoover's Request.. Impact: Governor General Davis's extended stay in the Philippines set a precedent for bureaucratic inertia, leading to countless officials feeling empowered to stick around longer than they should. Thanks, Davis!. Fact: Did you know that Hoover's request was the political equivalent of asking someone to stay for 'just one more drink'? Spoiler: they always end up staying way too long..
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)