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HEADLINES ON July 5, 1931
Full News Archive
- Headline: Rumanian Flier's Daring Parachute Leap. Impact: If this flier had not jumped and recovered, the entire field of aviation might have been set back decades. Imagine a timeline where parachutes were seen as mere 'suggestions' rather than life-saving devices! The great skydiving boom of the 21st century? Nope, just a footnote in history.. Fact: Did you know that '17,000 feet' is just high enough to lose consciousness, but not high enough to escape your bad decisions?.
- Headline: Court Dismisses Bronx Property Suit. Impact: The dismissal of this commission suit set off a chain reaction of broker complaints that eventually led to the invention of the phrase 'It's just business.' So thanks to this case, we now have a whole generation of people justifying shady dealings!. Fact: In the Bronx, if you can dodge a lawsuit, you can dodge a bullet. Or so they say..
- Headline: Chicago's Liquor Ring Exposed in 1931. Impact: This liquor ring discovery was like opening Pandora's box for the Roaring Twenties. Suddenly, everyone felt like they could pour their own drinks at home, leading to a nationwide cocktail cultureβor at least a lot of very questionable punch recipes.. Fact: Aurora, Illinois, was such a hub for illegal liquor that even the town's water cooler was probably filled with gin..
- Headline: N.Y.A.C. OARSMEN WIN ON SCHUYLKILL; Winged Foot Junior Eight First by 4 Lengths in People's Day Regatta. CURRAN COLLAPSES, SAVED Penn A.C. Single Sculler Falls Out of Shell and to Rescued by Guard on Schuylkill.. Impact: The street of blank walls became a symbol of urban despair, inspiring countless artists to create murals that would eventually be covered by advertisements for overpriced lattes. Talk about a missed opportunity!. Fact: Blank walls are the original canvas for every aspiring graffiti artist who couldn't afford a real one..
- Headline: STREET OF BLANK WALLS. Impact: Fish praising Hoover on war debt might've seemed harmless, but it inadvertently sparked a political trend of praising leaders for their questionable decisions. Welcome to the era of misplaced gratitude!. Fact: Fish praising politicians? Sounds like the setup to a bad joke, but here we are in 1930s America!.
- Headline: FISH PRAISES HOOVER ON WAR DEBT PLAN; Speaks at Spring Valley and Warns of Red Threat in Germany--Westchester Celebrates.. Impact: This refueling plan was the first step toward the modern-day obsession with nonstop flights. Had it failed, we might still be traveling by train orβheaven forbidβhorse and buggy.. Fact: Next time you complain about flight delays, remember: at least you're not refueling in Edmonton for an eternity..
- Headline: REFUELING PLANE OFF TO MEET ROBBINS; Leaves Edmonton, Alberta, for Alaska, Where Tokyo Non-Stop Flight Will Start.. Impact: Hollyrood Susan's win not only broke records but also inadvertently established the precedent for all future horse racing bets. Now, every time you lose money on a long shot, you can thank her!. Fact: The odds of an outsider winning are about as good as finding a unicorn at the trackβunless it's Hollyrood Susan, of course..
- Headline: TO EXPLAIN AIRPORT 'RIOT.'; Police Official to Go Before Grand Jury to Defend His Force.. Impact: The collaboration between architects and appraisers paved the way for every DIY enthusiast to think they can design a house. Spoiler: they can't, but those Pinterest boards are still thriving.. Fact: The only thing worse than a bad architect? A bad architect with a helpful appraiser trying to fix their mistakes..
- Headline: APPRAISER CAN GIVE AID TO ARCHITECT; Engineer Points Out Benefits of Cooperation in Determining Site and Building Type..
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)