Breakthroughs and everyday innovations from the year.
HEADLINES ON August 1, 1931
Full News Archive
- Headline: Jamestown Acquires Private Power Plant. Impact: Jamestown's power grab altered the energy landscape, leading to a thrilling competition that would eventually make everyone question if they should really trust a city with power. Spoiler: they shouldn't.. Fact: Who knew buying a power plant could lead to such electrifying drama? Maybe Jamestown should consider a reality showβ'The Real Power Players of New York!'.
- Headline: Income and Wages.; NO SYNTHETIC BEAUTY. Physical or Mental, It Must Be Acquired by Work to Be Real. BLAMING THE WOMEN. History Cited to Show Crime Increases Under Their Domination. Dr. Butler's Message.. Impact: Dr. Butler's comments on women and crime were like lighting a match in a fireworks factoryβsparking debates that would echo for decades, proving that blaming half the population for society's issues is always a crowd-pleaser.. Fact: Blaming women for crime? How original! Next, they'll say the moon affects tides. Oh wait, they already do that, too..
- Headline: W.S. LUDLOW DIES; OHIO HISTORY EXPERT; Last Surviving Grandson of the Founder of Cincinnati Succumbs at 91--Traced Origin of Dixie.. Impact: Ludlow's passing marked the end of an era; without his historical insights, future generations were left to piece together the past, leading to a series of misguided historical movies that everyone pretends to love.. Fact: He traced the origin of 'Dixie'? Too bad he couldn't trace the origins of the countless bad country songs that followed!.
- Headline: PARIS AND NEW YORK PLAN $250,000,000 CREDIT TO BRITAIN; Joint Advance by the Federal Reserve and Bank of France Is Expected Today. GOES TO BANK OF ENGLAND Paris Paper Says This Is First Time We Acted on Equal Footing in Credit Deal. BRITISH BOARD ASKS CUTS Saving of $500,000,000 Yearly In Budget Seen as Necessary to Avert a Crisis. Bankers Will Meet Today. Cheaper Money Required. PARIS AND NEW YORK PLAN AID TO BRITAIN. Impact: This joint credit plan was a financial lifeline for Britain but ultimately opened the floodgates to economic dependencies that would leave future generations shaking their heads in disbelief.. Fact: First time acting on equal footing? That's adorable. Next, they'll be sharing dessert and discussing the meaning of life over coffee..
- Headline: PSYCHOLOGY DICTATOR.. Impact: The concept of a 'psychology dictator' was so ahead of its time it could have inspired a dystopian novel where everyone is governed by their therapistsβsorry, I meant 'psychological overlords.'. Fact: Conscripted children and psychology? Sounds like a plot twist waiting to happen in the next blockbuster filmβ'Inception: The Child Soldier Edition.'.
- Headline: GROWTH OF PARKS HAILED BY WILBUR; Development of Nation's System Proves Worth of Democracy, He Writes.WIDER USE IS ADVOCATED31,904,000 Persons Traveled 130,844 Miles of Roads and Trails LastYear, Civic League Book Says.. Impact: Wilbur's praise for parks may have inspired generations to take nature walks, which ultimately resulted in the Instagram phenomenon known as 'nature selfies'βbecause whatβs a walk in the park without a photo op?. Fact: 31 million people traveled 130,000 miles of roads and trails? Yikes, that sounds like the traffic jam of the century, but hey, at least they were in nature, right?.
- Headline: SUN BEAU TO AIM FOR RECORD TODAY; Has Chance to Pass Mark of Gallant Fox as Greatest Money Winner on Turf. EARNINGS NOW $302,744 Triumph in Arlington Handicap Would Send Kilmer Star's Total to $331,544.. Impact: Sun Beau's racing record not only influenced horse racing but also led to the rise of questionable betting practices and the birth of 'fantasy horse racing,' which is just as ridiculous as it sounds.. Fact: Aiming for a record? At this rate, Iβll aim for a record of how many times I can roll my eyes at overhyped sports events..
- Headline: THE NUTMEG MARK TAPLEY.. Impact: The Nutmeg Mark Tapley reference could have inspired a social media trend where people obsess over obscure historical figures, influencing a whole generation to become 'expert' historians on their Instagram feeds.. Fact: Ah yes, because nothing says 'I care about politics' like a dinner featuring nutmeg. What a spicy political statement!.
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)