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HEADLINES ON July 31, 1931
Full News Archive
- Headline: Labor Strikes and Lockouts of 1931. Impact: The strikes led to a gradual evolution of labor rights, eventually resulting in the creation of 'mandatory coffee breaks' in offices. Yes, folks, the right to caffeinate was born from chaos!. Fact: Did you know that the only thing more contentious than labor disputes is the ongoing debate about pineapple on pizza?.
- Headline: Elm Tree Dedicated to Kilmer's Memory. Impact: Kilmer's memorial tree became a hotspot for lovebirds and poets, setting off a chain reaction that led to the invention of the 'I love you' tree carvings. Thanks, Kilmer!. Fact: Fun fact: Trees can live for thousands of years, but that love note you carved into one? Not so eternal..
- Headline: Talbot, Paramount Musical Head.. Impact: Talbotβs appointment led to an explosion of musical numbers in films, many of which were so bad they inspired an entire genre of parody musicals. Thanks, I Talbot, for the cringe!. Fact: Did you know? Musical directors have the unique ability to turn silence into awkwardness, one off-key note at a time..
- Headline: NEW SEMINARY UNIT BEGUN.; McGiffert Hall to Be Ready for Residence in 1932.. Impact: The construction of McGiffert Hall marked the beginning of a campus tradition where students would complain about dorm food for generations to come. Truly a legacy of culinary despair!. Fact: Fun fact: The only thing worse than dorm food is the expectation that youβll eat it without complaint..
- Headline: VOIDS $173,000 VERDICT IN RUSSIAN BANK CASE; Federal Judge Remands Suit of Contractor to Queens as Result of High Court Ruling.. Impact: The voiding of the verdict in this case led to a series of legal reforms, including the establishment of stricter regulations that ultimately resulted in more people wondering if they could sue their way to riches.. Fact: Did you know? In America, suing someone is practically a national sport. Just donβt forget your lawyerβs jersey!.
- Headline: SUE 4 BANKS IN FAILURE OF CLARKE BROTHERS; Depositors' Counsel Says Other Institutions Withdrew Funds on Advance Knowledge.. Impact: The lawsuits against the banks created a ripple effect that led to the phrase 'Too big to fail' becoming a part of the national lexicon, which eventually became an excuse for every bad financial decision ever made.. Fact: Did you know? Banks are like bad relationships: they can be great until they leave you broke and confused..
- Headline: TRIO HOLD UP THEATRE.; Youths Rob Bronx Cashier and Escape With $300.. Impact: The Bronx robbery incident inspired a generation of aspiring criminals who thought robbing theaters would be a glamorous career choice. Spoiler alert: it wasnβt.. Fact: Fun fact: Robbing a theater doesn't come with free popcorn, but it does come with a lifetime of regret and possibly prison time..
- Headline: Crowley, Fates, U.S. Relay Team, Win at Oslo; Johannesen Sets a Record in 400-Meter Run. Impact: Johannesen's record-breaking run sparked a long-standing rivalry in track and field that led to the invention of 'speed walking'βbecause jogging was just too mainstream.. Fact: Did you know? The 400-meter dash is also known as the 'I regret my life choices' sprint!.
- Headline: WEINBERGER MUSIC HEARD.; Excerpts From Opera "Schwanda" Applauded at Stadium.. Impact: The opera excerpts performed at the stadium launched a series of events that would lead to a feverish love affair with outdoor concerts, giving rise to 'picnic opera' where no one actually pays attention to the opera.. Fact: Fun fact: People attend opera for the culture, but stay for the Instagrammable food spreads..
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)