Breakthroughs and everyday innovations from the year.
HEADLINES ON January 3, 1932
Full News Archive
- Headline: U.S. Arms Delegation Meeting with Stimson. Impact: The meeting of the U.S. delegation set off a chain reaction where every subsequent arms negotiation became the setting for secret poker games, leading to the invention of the term 'diplomatic bluff'.. Fact: Fun fact: The only person who actually enjoyed these meetings was the coffee supplier, who turned out to be a multi-millionaire thanks to endless caffeine consumption..
- Headline: Soviet Rail Workers' Fatal Sentencing. Impact: Sentencing these workers to death led to a nationwide 'don't mess up on the job' campaign, sparking the world's first self-help book titled 'How to Avoid Getting Sent to the Gallows'.. Fact: In the end, the only thing more dangerous than being a rail worker in the Soviet Union was being the person who decided who gets to keep their job..
- Headline: Exoneration of 24 in Nudist Case. Impact: The exoneration of these nudists inadvertently inspired a clothing-optional movement that swept across universities, resulting in a generation of students who thought pants were optionalβmuch to the dismay of their professors.. Fact: Turns out, the only thing more embarrassing than being caught at a nudist gym is being the person who has to explain it to your mom..
- Headline: MUNICIPAL LOAN.. Impact: C.J. Hardy's election was the start of a long tradition of people being appointed to committees who have absolutely no clue what theyβre doing, leading to an epidemic of pointless meetings.. Fact: Municipal loans: Because who doesn't love borrowing money with the same enthusiasm as a teenager asking for their first credit card?.
- Headline: A RELIC OF FENIMORE COOPER. Impact: The discovery of a relic from Fenimore Cooper led to an unexpected rise in tourism, making Mamaroneck the unlikely birthplace of the 'literary pilgrimage'βcomplete with overpriced coffee shops and souvenir stores.. Fact: The filling station? It's now a trendy cafΓ© where you can sip overpriced lattes while pretending to read Cooperβbecause nothing says 'literary appreciation' like a $7 cappuccino..
- Headline: T.C. Young Drowned in Auto at Lido Beach; Paramount Executive Drove Off Bulwark. Impact: The drowning of T.C. Young in an auto accident inspired a new safety measure: mandatory buoyancy testing for vehicles, which only created a new market for inflatable cars.. Fact: How ironic that the guy who drove off a bulwark didnβt realize he was about to launch the world's first amphibious vehicleβtoo bad it was just a tragic accident..
- Headline: APPEALS TO OWNERS OF FOREIGN ISSUES; Charlton Ogburn Says Holders Here, Numbering 1,000,000, Can Aid Prosperity. FORMING AN ASSOCIATION Defaults Laid to Lack of Foresight In Figuring on Exchange for Payments.. Impact: Charlton Ogburnβs appeal for foreign issue owners was the spark that ignited a global financial conspiracy theory about how one million people could secretly control the worldβs economy by hoarding paper.. Fact: Who knew that having a million people holding foreign issues could be the beginning of a sitcom plot? 'Friends with Foreign Debts' could have been a hit!.
- Headline: Memorial for Record-Breaking Hen.. Impact: The memorial for the record-breaking hen led to an unexpected surge in poultry celebrity culture, resulting in the first-ever reality TV show featuring competitive chickens.. Fact: And here we thought chickens were just for dinner! Apparently, they can have careers tooβwho knew they had such ambition?.
- Headline: U.S. Turf Record Set by C.V. Whitney Stable With $1,171,577 Earnings for 3-Year Period. Impact: C.V. Whitney's turf record set a precedent that horses could earn more than some professional athletes, leading to a wave of equine endorsement deals and a new level of horse celebrity.. Fact: Yes, that's right, horses were making more money than your average office worker, proving that sometimes the grass really is greener on the other sideβespecially if youβre a racehorse..
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1932, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1932, it would be worth $487,500 today (487.5x return)