Breakthroughs and everyday innovations from the year.
HEADLINES ON May 6, 1932
Full News Archive
- Headline: Disorder in Commons Over Irish Oath Debate. Impact: This uproar in the Commons led to a ripple effect, where future politicians would have to learn the fine art of dodging questions. Fast forward to today, and we have politicians who can dodge accountability like Olympic gymnasts!. Fact: Did you know that the Irish Oath issue was really just a precursor to every single government meeting ever? Yelling, confusion, and no one actually agreeing on anything!.
- Headline: British Debt Policy Under Scrutiny. Impact: This indecision on debt repayment spiraled into a long-standing tradition of financial confusion that continues to plague governments today. Thanks to this, you can now enjoy all those delightful budget cuts that seem to pop up like weeds in spring.. Fact: Fun fact: 'Emphatically denying' something in politics is the equivalent of saying 'Trust me' while simultaneously waving your hands behind your back..
- Headline: Aviator Holger Hoiriis Marries Delaware Girl. Impact: This marriage united two worldsβaviation and small-town charmβsetting a trend where future couples would also think they could just fly off into the sunset after a whirlwind romance. Spoiler: it rarely turns out as smooth as their flight paths.. Fact: Did you know that 'transatlantic flier' is just a fancy way of saying 'someone who might need to buy a lot of travel insurance'?.
- Headline: MISS BOSWORTH TO WED. !; Bridgeport (Conn.) Girl Engaged to Russell Lacey Peck.. Impact: This engagement marked the start of a long-lasting tradition where people announce their love online, followed by a flood of unsolicited advice and Pinterest wedding boards that no one can ever keep up with.. Fact: Contrary to popular belief, engagement announcements were originally just a way for families to settle bets on who would get married first!.
- Headline: ACCEPTANCE RATES RAISED 1/4 PER CENT; First Increase Since November Laid to Conditions in a Selective Market. DEMAND AND SUPPLY VARY 90-Day Discounts 1 1/4% Bid, 1 1/8 Asked, 5 and 6 Month Bills 1 5/8% Bid, 1 1/2 Asked, Open Market.. Impact: This economic policy shift set off a chain reaction of financial jargon that continues to confuse the average citizen. Now, everyone has a vague understanding of finance that makes them feel smart until they open their credit card bill.. Fact: Did you know that finance meetings often include more jargon than actual finance? It's the adult equivalent of speaking in code to keep the kids from understanding..
- Headline: Scotland Bids for Canada's Trade.. Impact: This attempt to strengthen ties between Scotland and Canada inadvertently led to a future where whiskey and maple syrup were destined to become the ultimate fusion drinkβmuch to the delight of many and the horror of their livers.. Fact: Did you know that Scotland and Canada share so much in common that they might as well just have a reality show titled 'Highlands and Maple Syrups'?.
- Headline: BUYING WAVE LIFTS WHEAT AFTER BREAK; Prices Descend 1 3/4c Early, With Moves Erratic in Most of Session. END IS EVEN TO 3/8C OFF Corn Finishes 1/4 to 1/2c Up Following New Lows in May and July -- Oats and Rye Narrow.. Impact: The erratic wheat prices set the stage for future generations to panic-buy during every minor agricultural hiccup, leading to countless memes about toilet paper and flour hoarding.. Fact: Did you know that the term 'panic buying' was originally coined when people realized they might run out of their favorite snack during a sale?.
- Headline: BROWN MADE HEAD OF STATE CHAMBER; Banker Elected in Meeting at Which John Walter Urges World Cooperation. FRATERNAL MOVE ENDORSED Members of Commerce Body Favor Step of Various Orders for United Welfare Efforts.. Impact: This election of a banker marked the beginning of the era where finance professionals would be seen as the go-to saviors of the economy, leading to a future where bankers could develop god complexes and start wearing capes. Seriously.. Fact: Did you know that the term 'world cooperation' is often just a euphemism for 'letβs all agree to disagree while I make a profit'?.
- Headline: Article 5 -- No Title. Impact: The mysterious nature of this article led to a long-standing tradition of bureaucratic documents being about as clear as mud, which has allowed generations to enjoy the thrill of deciphering legalese.. Fact: Fun fact: The absence of a title does not mean the article is less important; it just means no one could agree on what to call itβmuch like every family dinner discussion!.
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)