Breakthroughs and everyday innovations from the year.
HEADLINES ON August 22, 1931
Full News Archive
- Headline: Wisconsin Honors Mrs. La Follette's Legacy. Impact: Mrs. La Follette's passing led to an unexpected surge in people googling 'how to properly mourn a senator's mother,' which in turn caused a spike in the sales of black attire and funeral flowers across the nation. Therefore, every time you see someone in black, just know they might be paying homage to the La Follette family.. Fact: Did you know that Mrs. La Follette was so well-loved that even the flags were like, 'Nah, we need to show some respect?'.
- Headline: Dividends Omitted in 1931. Impact: The omission of dividends caused a ripple effect where investors suddenly had to rethink their life choices. Little did they know, this moment led to the founding of a highly questionable self-help group called 'Dividends Anonymous.'. Fact: Fun fact: Some say that the phrase 'dividend' originally referred to splitting your pizza, but the stock market just took it way too seriously..
- Headline: Utility Break Sparks Corporate Restructuring. Impact: The clash over vice presidency led to companies withdrawing, which sparked a chain reaction of corporate drama that would inspire countless soap operas in the future. Who knew utility sector politics could be so... riveting?. Fact: In a twist of fate, the National Electric Light Group later won an award for the best unintentional comedy of the year..
- Headline: AMERICAN SUBSIDIES.. Impact: American subsidies led to a world where countries started competing for the most outrageous subsidies, leading to a bizarre annual contest that featured cash prizes for the best absurd subsidy proposals, like 'Free Ice Cream Fridays for All.'. Fact: Did you know that subsidies are a bit like that friend who insists on getting their food delivered while you're all sitting in a restaurant? They just can't help but be extra..
- Headline: SAMPSON KNOCKS OUT DIX.; Stops Californian in 6th Round Before 2,800 at Long Beach.. Impact: Sampson's victory sent shockwaves through the boxing world, leading to an unexpected rise in boxing-themed reality shows. Little did he know, he just inspired the next generation of reality TV stars who couldn't throw a punch if their lives depended on it.. Fact: Did you know that Sampson's next fight was against a guy named 'The Californian,' who was not actually from California but simply loved avocados? Talk about a plot twist!.
- Headline: TO SCRAP FREIGHT CARS.; Chicago & North Western Will Drop 13,000, Subsidiary 2,800.. Impact: The scrapping of freight cars marked the beginning of a trend where old freight cars were repurposed into trendy hipster coffee shops and art galleries. Now we have a whole movement dedicated to 'upcycled freight chic.'. Fact: Fun fact: If you ever wondered why coffee tastes better in a freight car, it's because the ambiance is just so much more... freight-y..
- Headline: MORE WORK FOR THE SPECIAL SESSION.. Impact: The special session's extra work led to an influx of coffee consumption among politicians, sparking a national obsession with caffeine that would eventually lead to a bizarre fad of coffee-flavored everything. Thanks, Wisconsin government!. Fact: Did you know that 'extra session' is just code for 'let's stay up late and pretend we know what we're doing'? It's a political rite of passage..
- Headline: GIANT LINER WILL NOT ROLL; New Cunarder Will Have Gyroscopes to Steady Her.. Impact: The new Cunard liner with gyroscopes inspired an entire industry of cruise ships that promised to stabilize your vacation from the chaos of life, leading to the creation of 'Calm Waters Cruises,' where you could nap in peace while sailing.. Fact: Fun fact: Gyroscopes are the reason that ship captains often look like they're trying to balance on a seesaw. It's all about keeping things steady, folks..
- Headline: NATIONAL BANK SHUT AT ROCKAWAY BEACH; Directors Call In Examiners After a Run Attributed to 'Malicious Whispering.'. Impact: The Rockaway Beach bank closure due to 'malicious whispering' led to an entire subculture of conspiracy theorists who believed that the whispers were actually coded messages from aliens. Thanks to this event, the phrase 'I've heard whispers' became the go-to excuse for everything.. Fact: Did you know that malicious whispering is now a recognized form of communication in some circles? It's basically the 'gossiping' of the future..
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)