Breakthroughs and everyday innovations from the year.
HEADLINES ON November 21, 1931
Full News Archive
- Headline: Tammany Hall's Tactical Absence. Impact: This little squabble over Tammany Reprs skipping out on a session ended up making politicians everywhere realize that avoiding responsibility can sometimes be an effective strategy. Who knew? Now we have politicians ghosting their own meetings like it's a bad date!. Fact: Did you know that Tammany Hall was actually named after a mythical Lenape chief? Clearly, they took inspiration from the art of dodging accountability!.
- Headline: Japan's Protection of China's Ex-Ruler. Impact: Pu-Yi's cozy stay under Japanese protection led to an entire generation of rulers thinking they could just ask for help instead of figuring out how to run their own countries. Spoiler alert: it didn't work out well for most of them.. Fact: Fun fact: Pu-Yi later became a gardener. Just goes to show, sometimes the best way to grow is to plant yourself in a pot and let someone else water you!.
- Headline: Social Highlights from 1931 New York. Impact: The 'Society Girl' phenomenon created a ripple effect leading to todayβs reality TV stars. Who knew that being a socialite could turn into a full-time career of being famous for being famous?. Fact: Did you know that the phrase 'society girl' was coined long before Instagram influencers? And yet, the only difference is the type of filter used!.
- Headline: $10,060 GEMS STOLEN FROM STRAUSS HOME; Detectives Say Sneak Thief Took Jewelry Belonging to Miss Anna Lord Strauss.. Impact: The theft of gems from the Strauss home sparked a new trend in jewelry security, leading to a future where people wear diamonds like they're just a regular Tuesday outfit. Thanks, sneaky thief!. Fact: Did you know that the most common way gems are stolen today is not through sneak thieves but by people pretending to be interested buyers? Talk about a plot twist!.
- Headline: BOOK IS SOLD FOR $3,900.; Unique Presentation Copy of "Vicar of Wakefield" Bought by Wells.. Impact: G. Wells buying a literary treasure inspired future generations of collectors to spend outrageous amounts on 'unique' copies of books, leading to the bizarre world of signed first editions and overpriced paperweights.. Fact: Did you know that 'Vicar of Wakefield' was so popular that it led to the creation of the 'I bought a book Iβll never read' club? Membership includes a hefty fee and a bookshelf full of unread classics!.
- Headline: R-K-0 SENDS DATA TO MINORITY GROUP; Replies to Questions Regarding Its Expenses and Proposed Financing Policy. WARRANTS FOR DEBENTURES Stockholders Voting for Plan, However, Are Not obligated to Buy the Securities.. Impact: R-K-0's attempt to clarify its financing policies led to future companies realizing that transparency often leads to less panic and more trust. Who would've thought that honesty could actually pay off?. Fact: Did you know that the term 'debenture' sounds way more fun than it actually is? Itβs basically just corporate speak for a fancy IOU!.
- Headline: POLICE ADD 40 MEN TO WALL ST. GUARD; Morgan Offices, Sub-Treasury and Stock Exchange Are Under Close Observation. RED THREATS ARE REPORTED Anti-Fascisti Are Also Said to Have Told of Violence If Italy Gets Loan. Some Blame Anti-Fascisti. Homes Not Guarded.. Impact: The increased police presence on Wall Street during Grandi's visit was a lesson that fear can lead to more paranoia, which eventually gave birth to conspiracy theorists claiming everything from stock market crashes to alien invasions.. Fact: Did you know that the term 'Red Threats' sounds like a bad action movie? Spoiler: itβs just people worrying about their investments while sipping overpriced coffee..
- Headline: EXPEDITION TO SEEK LUSITANIA TREASURE; Lake-Railey Party to Use a Steel Tube to Reach Deck of Torpedoed Liner. DEVICE TESTED IN ENGLAND Negotiations Begun With British Admiralty by Group Here That Plans Salvage Operations. Tube Invented by Lake. DIVERS WILL SEEK LUSITANIA RELICS. Impact: The Lusitania treasure hunt sparked a frenzy of underwater archaeology that led to countless treasure hunters thinking they could find gold just by diving into the oceanβturns out, it's mostly just fish and regrets down there.. Fact: Did you know that treasure hunting is often more about the thrill of the chase than actually finding anything of value? Kind of like dating in your 20s!.
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)