Breakthroughs and everyday innovations from the year.
HEADLINES ON September 29, 1931
Full News Archive
- Headline: Princeton Girls' School Inauguration. Impact: The opening of this school inadvertently set off a chain reaction leading to an unprecedented number of women entering academia, resulting in a global increase in female philosophers who would later question why they didn't just open a coffee shop instead.. Fact: Fun fact: This school was probably the first place where women learned that 'because I said so' is not a valid argument..
- Headline: Big Soviet Gasoline Cargo on Way to Detroit; It Comes Just as Domestic Price War Ends. Impact: This shipment sparked an international oil rivalry that would later lead to gas price wars, with consumers wondering if their wallets were made of gasoline too.. Fact: Detroit's love affair with gasoline is so deep, it's practically a rom-com waiting to happenβcomplete with angry car engines and heartwarming emissions..
- Headline: COLUMBIA AWARDS 20 SCHOLARSHIPS; Honor Students From Many States Will Receive $500 Annually for 4 Years. SELECTED BY RIGID TESTS Character, Scholarship, Loyalty and Esthetic Appreciation Are Considered by College Trustees.. Impact: This scholarship program ultimately inspired countless students to spend four years questioning their life choices while accumulating debt instead of actual knowledge.. Fact: Every time a scholarship was awarded, somewhere a parent sighed in relief, thinking, 'Finally, a reason to stop paying for summer camp.'.
- Headline: KNAPP, SLAYER, GETS 20 YEARS IN PRISON; Army Deserter Who Murdered Hempstead Taxi Driver for "Thrill" Pleads Guilty. PARENTS BAR SANITY TRIAL Woman He Married as a Fugitive Stands by Him--Five-Year Search Followed Camp Mills Crime.. Impact: This tragic event highlighted the darker side of thrill-seeking, leading to a generation of crime documentaries that would later terrify parents everywhere.. Fact: Murder for thrills? Some folks still havenβt figured out that roller coasters exist for that very reason..
- Headline: All 185,000 Pistol Permits Lapse Thursday; State Enforcing Strict Rules for Renewals. Impact: This sudden lapse in permits caused a brief panic, leading to a rise in DIY home defense tutorials on the internet, which may or may not have involved rubber bands and duct tape.. Fact: In New York, not having a pistol permit is like trying to get into a nightclub without a cover chargeβgood luck with that!.
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)