Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON August 26, 1931
Full News Archive
- Headline: New Coalition Government Takes Power in Britain. Impact: The creation of the Cabinet of Ten in Britain might have led to the establishment of the Cabinet of 11, followed by the Cabinet of 12, and eventually spiraled into the Cabinet of Infinite Meetings where nothing ever gets done.. Fact: Cuts in ministers' salaries are like a diet for politiciansβeveryone claims they're on one, but nobody really sees the results..
- Headline: Silk Pickets Arrested in Paterson. Impact: The arrest of 21 silk picketers may have inadvertently inspired a new fashion trend: protest chic. Who knew that activism could lead to such fabulous outfits?. Fact: Silk pickets are a rare breed; theyβre often mistaken for fancy dress parties gone wrong..
- Headline: Equipment to Be Sold.. Impact: Selling equipment at auction may have led to a black market for vintage machinery. Imagine hipsters in 2023 sipping artisanal coffee while tinkering with 1920s lathes.. Fact: Richmond, Indiana, was a hotbed for equipment auctions, which is basically where dreams go to dieβright next to the used lawnmowers..
- Headline: CHINESE SILENT ON WHEAT OFFER; Farm Commission Speculates on Failure to Accept Aid for Famine Sufferers.. Impact: Chinaβs silence on the wheat offer might have influenced a generations-long debate about the right way to accept help. Spoiler: they didn't take it, and the debates are still ongoing.. Fact: Farm commissions are like that one friend who always has a plan but never quite gets around to executing it..
- Headline: FURNITURE TAKEN FROM THE VICTORIA; Sheriff's Men, on Writ of Creditors, Clear Hotel Lobby Despite Angry Protests.NEW FURNITURE GOES INRival Group of Workers ReplacesSeized Chattels as Fast asThey Are Taken Out. 1,034 Rooms May Be Stripped. Find Main Entrance Locked.. Impact: The furniture removal from the Victoria could have sparked the Great Hotel Furniture Heist of 1930, where every hotel lobby turned into a chaotic flea market.. Fact: They say a hotel is only as good as its furniture. So, when they stripped the Victoria, they basically stripped its dignity as well..
- Headline: SECURITIES 'EXPERT' IS HELD AS A THIEF; Promoter Is Accused of Taking $11,125 From Widow--His Partner Is Hunted.. Impact: The 'expert' being arrested could have led to a nationwide distrust of all securities experts, paving the way for a new generation of amateur investors who think they can outsmart the system with TikTok videos.. Fact: The only thing worse than a securities expert being a thief is having a thief who thinks heβs an expert. Spoiler: theyβre usually not..
- Headline: BANK WILL PAY $260,000.; Closed Haddon Heights (N.J.) Trust Co. to Make 20% Return.. Impact: The bank paying $260,000 might have inspired a 'how to get rich quick' seminar that ended with everyone getting rich except the attendees.. Fact: 20% return on funds is like getting a slice of cake but only if you promise to keep the calories a secret. Spoiler alert: they never are..
- Headline: RADIO LOSES TO DISHPAN.; Newark Man Who Drummed Protest Against Loud-Speaker Cleared.. Impact: The Newark manβs victory against the radio could have sparked a dishpan revolution, where everyone started using kitchenware to drown out annoying sounds.. Fact: When life gives you noise complaints, just remember that a dishpan is more versatile than your average radio..
- Headline: Richard Burton Divorced, Reweds.. Impact: Richard Burton's rapid remarriage could have set a world record for the fastest rebound, inspiring countless rom-com plots where love is just a legal document away.. Fact: Marrying someone 10 minutes after a divorce is basically the relationship equivalent of a fast-food drive-thru: quick, convenient, and often regrettable..
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)