Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 21, 1932
Full News Archive
- Headline: Driggs Defeated by Robbins in 1932. Impact: If Driggs had won, he would have launched a golf fashion revolution, leading to plaid pants becoming the norm in business attire. Imagine board meetings filled with plaidβtruly horrifying.. Fact: Driggs' loss led to a significant uptick in golf apparel salesβso much for the age-old adage that losing builds character!.
- Headline: Bank Credits for Stock Market Recovery. Impact: This event sparked a chain reaction of financial advisors taking themselves too seriously, resulting in countless 'expert' opinions that led to the Great Debate: Stocks or Bonds?. Fact: The term 'judicious credits' mostly means banks are just trying to sound smart while hoping youβll trust them with your money..
- Headline: BRITISH AUTO IMPORTS DROP; Exports Are Twenty-two Times as Great Through April.. Impact: This drop triggered a nationwide obsession with bicycles, forever changing the landscape of British commuting. Who needs a car when you can get fit and feel superior?. Fact: The real reason for the export explosion? Everyone in Britain suddenly decided that driving was just too mainstream..
- Headline: HARVARD ALLOWS MEN TO JOIN PRO TEAMS; May Play Summer Baseball Out of Organized Circuits, but Cannot Take Money.. Impact: This decision led to a mysterious increase in summer baseball leagues filled with overly-educated athletes, resulting in the formation of the 'Nerd League'βwhere stats were more important than home runs.. Fact: Harvard athletes are basically the only people who can say they played professional sports without getting paid. A true achievement!.
- Headline: 12 HOLY CROSS STARS REACH TRACK FINALS; Team Takes Lead in New England Intercollegiate Meet -- Maine, New Hampshire Next.. Impact: This victory led to a long-standing rivalry with athletes from Maine, resulting in years of heated debates about who runs fasterβan exciting development for the local coffee shop scene.. Fact: Holy Cross athletes are known to run fast, mostly because the alternative is studying harder than everyone else..
- Headline: CITY VOTES $700,000 TO RUN NEW SUBWAY; Authorization Is for Direct Operation of 8th Av. Line if No Bids Are Received May 31. BROOKLYN LINK MUST WAIT Board Defers Action on Money for It a Week, Though Berry Asks Longer Delay. HIS STAND IRKS WALKER Mayor and Transit Advisers See No Reason for Waiting and View Postponement as Costly.. Impact: Delaying subway funding led to the dramatic rise of 'walking' as a trendy new form of transportationβlittle did they know it would also spark a surge in shoe sales.. Fact: The real reason for subway delays? Everyone involved was too busy arguing about which was better: 8th Avenue or Brooklyn's coffee shops..
- Headline: NAVY FLEET COMMAND GOES TO LEIGH AUG. 15; He Will Relieve Schofield While McNamee Takes Charge of the Battle Force.. Impact: Leighβs command led to an unprecedented increase in naval puns and jokes about 'battling' in the office, making naval history a lot more entertainingβat least for the sailors.. Fact: In Navy terms, 'battle force' really just means 'who can come up with the most creative excuse for not doing paperwork.'.
- Headline: HOUSE MAKES PUBLIC ITS APRIL PAYROLL; List Reveals 100 Members Em- ployed Office Help Who Had Names the Same as Theirs. MRS. GARNER GOT $325 Speaker's Son Also an Employe, as Was Anna L. Blanton and a Florence Bankhead. NEW YORKERS NOT NAMED Anti-Nepotism Resolution Is Passed Before Members Have Chance to Offer Objections.. Impact: This payroll revelation led to a wave of nepotism accusations, eventually resulting in a new reality show: 'Who's Your Daddy?βCongress Edition.'. Fact: The anti-nepotism resolution really just meant Congress members had to get creative with their hiringβwho knew they had it in them?.
- Headline: CITY HALTS FUNDS TO REPAIR SCHOOLS; Estimate Board Defers Vote on $600,000 Following Motion by Walker. BIG CUTS MADE, SAYS WADE He Doubts Whether Department of Education Can Meet Payments From Own Budget.. Impact: This decision led to a series of DIY school repair projects that made Pinterest explode with overly ambitious teachers and a lot of questionable safety standards.. Fact: When it comes to school repairs, a budget cut is just a fancy way of saying, 'Good luck fixing that, you're on your own!'.
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)