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HEADLINES ON March 19, 1932
Full News Archive
- Headline: Exploring the 1932 Income Tax Yield. Impact: The introduction of income tax caused a chain reaction leading to the invention of the tax loophole, which eventually led to the rise of tax advisors and accountants who, in a twist of fate, would become the most sought-after guests at social gatherings. Who knew dodging taxes could be a party trick?. Fact: Did you know the first income tax in the U.S. was introduced during the Civil War? Nothing like a good old-fashioned war to inspire a hefty tax on the common folk!.
- Headline: Barter System for Healthcare Professionals. Impact: This intriguing partnership of professions led to the creation of the first-ever 'artistic dentist', who not only fixed cavities but also painted beautiful landscapes on the ceiling of their waiting rooms. Patients left with healthier teeth and a newfound appreciation for art, or perhaps just a headache.. Fact: Did you know that dentists were once known as 'barber-surgeons'? So, your next trip to the dentist might just involve a close shave!.
- Headline: Hotchner Appointed to Lead Taxi Board. Impact: Hotchner's appointment spurred the legendary rise of the 'taxi wars'. Rival taxi companies engaged in fierce battles over fares, leading to the invention of the 'surge pricing' model we know and love today. Thank you, Hotchner, for the Uber nightmares we experience now.. Fact: Did you know that before regulating taxis, most cab drivers had no licenses? That's right, just hop in and pray your driver knows where they're going!.
- Headline: GAME LAW FINE IS $90,700.; Agency Is Penalized for Accepting Mississippi Quail Shipment.. Impact: This fine ignited a nationwide debate about game laws, leading to a surge in amateur game wardens and an unexpected rise in quail-related puns in the media. Who knew quails could ruffle so many feathers?. Fact: Did you know that quail hunting is considered a 'gentleman's sport'? Good luck convincing the quails of that!.
- Headline: STOKOWSKI TO LEAD ORCHESTRA OF IDLE; Will Conduct 200 Unemployed Players in Opening Concert at Metropolitan on April 5. TIBBETT WILL BE SOLOIST Will Appear With Schola Cantorum Chorus in Wolf-Ferrari's "La Vita Nuova.". Impact: This concert not only provided jobs for musicians but also inspired a new trend: βorchestral unemployment benefits.β Now, whenever there's a job loss, musicians just gather for an impromptu concert. Because what else are you going to do with a degree in music?. Fact: Did you know that conducting an orchestra is just waving your hands around while hoping the musicians donβt fall asleep?.
- Headline: VAN RAALTE WILLED $20,000 TO HOSPITAL; Hosiery Man Left $885,058 to Family -- 16 Charities to Get John C. Juhring Legacies.. Impact: Van Raalteβs will sparked a trend where wealthy individuals began leaving money to hospitals instead of their families, leading to a new kind of family drama: 'Who gets the hospital wing?' Talk about a family feud!. Fact: Did you know that the phrase 'money can't buy happiness' often gets thrown out by those who've never had a billion-dollar estate to divide?.
- Headline: ORTIZ INVITED TO OLYMPIAD.; Emissary of Governor of California Received by Mexico's President.. Impact: Ortizβs invitation led to an increased diplomatic focus on sports, eventually resulting in the Olympic Games becoming the biggest excuse for world leaders to avoid actual work while enjoying some quality time with athletes. Who knew sports could be the ultimate political distraction?. Fact: Did you know that Olympic medals are made of precious metals? So essentially, athletes are competing for shiny pieces of metal while the rest of us compete for Wi-Fi signal!.
- Headline: TOPICS OF THE TIMES.. Impact: This headline signifies the beginning of editorial columns as a way to distract the public from actual issues. If it werenβt for such columns, we might all be more informed... but who wants that?. Fact: Did you know that 'Topics of the Times' were often just glorified opinion pieces? Sounds familiar, right?.
- Headline: Representative Crisp Sticks to the Sales Tax Plan; Speaker Garner Says Method Is "Inconsequential". Impact: This political debate paved the way for a never-ending cycle of tax discussions, where every politician since has learned that no one cares about tax plans until they see the prices at the checkout line. Thanks, Crisp and Garner, for setting us up for decades of confusion!. Fact: Did you know that politicians love using the word 'inconsequential' when they really mean 'I have no idea what I'm talking about'?.
- Headline: HOMES DYNAMITED, COAL STRIKE GROWS; Boy of 14 Wounds Two in Protecting Father From Rush of North Scranton Mob. HOMES AND AUTOS STONED Fist Fights Between Workers and Pickets Common in Pennsylvania Anthracite District.. Impact: The violence during this coal strike led to a greater awareness of labor rights, eventually resulting in the establishment of unions that would fight back against corporate greed. A tragic event that transformed lives and laid the groundwork for future labor movements.. Fact: Did you know that strikes often turn violent when people feel their voices aren't being heard? So, maybe just listen to the workers next time?.
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)