Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON November 7, 1931
Full News Archive
- Headline: France Rejects Francqui's Loan Conversion Plan. Impact: Had the French accepted Francqui's plan, the entire European economy might have been transformed overnight! Or not. Instead, the stubbornness of the French led to decades of economic turmoil, which ultimately inspired the invention of the croissant as a symbol of their resistance to change.. Fact: Franceβs ability to resist change is legendaryβmuch like their ability to resist a good cheese plate..
- Headline: Irish Tax Reforms to Address Deficit. Impact: The Irish government's decision to impose new taxes set a precedent that would ripple through the ages, leading to the global phenomenon known as 'complaining about taxes,' which is still a favorite pastime today.. Fact: Did you know that high taxes are basically just the governmentβs way of reminding you that youβre not as rich as you think you are?.
- Headline: TURKEY ASKS OUR AID TO MODERNIZE NATION; Sukri Bey, on Official Visit, Reveals Plan to Engage American Engineers. ALSO HAS FINANCIAL AIM Former Cabinet Officer Hopes for Direct Bank Relations Between Two Countries. BIG DEVELOPMENT IN VIEW Experts Are Needed for Railways, Seaport Projects, Irrigatlon and New Cotton Industry. Must Modernize Country. Seeks New Financial Plan. Railway Lines Near Completion.. Impact: Turkey's modernization plan set off a technological race that would eventually lead to the creation of Wi-Fi, which ironically, would just end up being used for streaming cat videos.. Fact: Sukri Beyβs visit was essentially a precursor to every tech startupβs pitch today: 'We need your money to modernize and then weβll be rich!'.
- Headline: GAINS IN 2 FREIGHT ITEMS.; Brown of Frisco and Rock Island Says Wheat and Cotton Hauls Rose.. Impact: The rise in freight hauls for wheat and cotton could have led to a global wheat and cotton shortage, but instead, it just resulted in more uncomfortable jeans and bread rolls at dinner. Thanks, history!. Fact: Wheat and cotton are basically the bread and butter of the economy. Literally..
- Headline: TRULY DAUNTLESS.. Impact: The engagement of F.L. Weeks sent shockwaves through society, leading to an increase in matchmaking services and a rise in romantic comedies that depict love as a battlefield. But really, whoβs surprised?. Fact: Engagements in the past were like social media posts todayβeveryone pretending to be happy while secretly judging each other..
- Headline: 7 HURT IN PASSAIC FIRE.; Blaze Sweeps Factory, Threatening Congested District.. Impact: The Passaic factory fire not only injured seven but also sparked (pun intended) a nationwide conversation about workplace safety, which still somehow manages to be ignored today.. Fact: The E-Z Made Slipper Co. was just one of many companies that learned the hard way that 'fire safety' is not just a suggestion..
- Headline: SEE REESER AS OIL ARBITER.; Tulsa Observers Expect Barnsdall Man to Accept California Offer.. Impact: E.B. Reeserβs potential presidency could have changed the oil industry forever, or at least inspired the world's most boring board meetings for decades to come.. Fact: Being an oil arbiter is basically just a fancy way of saying 'I have a lot of power to make your gas prices go up or down.' Enjoy 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)