MARCH 1, 1932

Full News Archive

• Headline: Stimson Endorses League Peace Plan. Impact: Had Stimson actually managed to broker peace, we might have seen a world where sushi and dim sum were the official cuisines of global diplomacy. Instead, we got more wars, more truce talks, and the same old diplomatic tea parties that went nowhere. Fact: The League of Nations was basically the world’s first attempt at a group project, and just like in school, it ended up with no one getting an A.
• Headline: Shanghai Stock Exchange Resumes Trading. Impact: With the reopening of the Shanghai Stock Exchange, it’s said that countless fortunes were made and lost, all while the world’s wealthiest pulled off the greatest game of Monopoly in history – only to end up in bankruptcy court. Fact: Shanghai’s stock market is older than most people’s great-grandparents, which is probably why it has more drama than a soap opera.
• Headline: FAILS TO FIND MISS GUINAN.; Writer of Lost Manuscript Gets Summons for Entertainer.. Impact: The lost manuscript saga turned into a wild goose chase, inspiring countless writers to ‘lose’ their works in order to gain fame, setting the stage for the absurdity of modern literary marketing. Fact: Nothing says ‘I’m a serious writer’ like losing your manuscript and subsequently calling the authorities. It’s basically the literary equivalent of a dramatic reality show.
• Headline: $51,545,175 IN LOANS TO ROADS APPROVED; I. C. C. Allows This Amount on Twelve Applications Calling for $165,267,909. $221,578,961 TOTAL ASKED $4,458,000 Favored for the Erie and $7,173,800 Out of $18,500,000 for the Wabash. $56,310,782 PLEAS PEND These Include $7,000,000 for the New York Central -- Finance Board Keeps Decisions Secret. $51,545,175 IN LOANS TO ROADS APPROVED. Impact: The loans to roads led to a tangled web of financial dependency that made the roads feel like they were on a leash, paving the way for future generations to complain about potholes and tolls. Fact: The I.C.C. keeping loan decisions secret is like a mystery novel where the villain is just bureaucracy – thrilling, but ultimately a snooze fest.
• Headline: ACHINESE WOUNDED FILL HOSPITALS IN SHANGHAI; Many When Cured Join Ranks of Beggars -- Soldiers Filter In With Casualties.. Impact: As hospitals filled with wounded soldiers, it set a precedent for future generations to understand that war is a messy business, one that has repercussions far beyond the battlefield, including a surge in the popularity of anti-war movements. Fact: The real tragedy is that after all those injuries, many of the soldiers ended up back on the streets, proving once again that the aftermath of battle is rarely as glamorous as Hollywood portrays.
• Headline: FIFTH ENTERS REICH RACE.; Gustav Winter, Now In Jail, Will Be Presidential Candidate.. Impact: The entry of Gustav Winter into the presidential race may have seemed trivial, but it started a bizarre trend where jailbirds became the underdogs of politics, ultimately leading to the bizarre reality TV we have today. Fact: Gustav Winter being in jail is a powerful reminder that sometimes the most interesting candidates are the ones who are literally behind bars. Who needs political experience when you have a flair for the dramatic?.