Breakthroughs and everyday innovations from the year.
HEADLINES ON June 13, 1932
Full News Archive
- Headline: Cabot Wins North Jersey Outboard Race. Impact: Cabot's thrilling victory in the outboard contest led to an unexpected surge in aquatic-themed parties across North Jersey. By the 1980s, this resulted in the rise of 'Regatta-themed' birthday parties, complete with inflatable boats and cake shaped like life preservers.. Fact: Outboard motors were originally designed to help fishermen, but thanks to events like these, they became the ultimate tool for weekend warriors trying to impress their friends with questionable speed records..
- Headline: Public Opinion Shifts in 1932. Impact: This riveting analysis of public opinion was the catalyst for an explosion of surveys and polls that would eventually lead to a world where everyone feels entitled to share their opinion on everything from politics to pizza toppings. Thanks, Ed!. Fact: Public opinion tests are essentially the modern-day equivalent of asking everyone at a party if they prefer dogs or catsβonly with more focus groups and fewer cute animals..
- Headline: REAL AID FOR ARCHITECTS.; Emergency Committee Has Created Useful Jobs for Many.. Impact: The Emergency Committee's job creation efforts sparked a trend of temporary jobs that would lay the groundwork for the gig economy. Fast forward to now, and we have freelance baristas and Uber drivers trying to survive in a world that forgot what 'full-time' means.. Fact: Creating jobs for unemployed architects during emergencies is kind of like giving a fish a bicycleβgreat in theory, but really, what does an architect do when there's no building to design?.
- Headline: Article 4 -- No Title. Impact: The fiery antics of Reagan, Callahan, and Shea led to an unprecedented rise in insurance premiums for historical buildings, thus ensuring that future generations would always be on high alert for arsonists with a flair for the dramatic.. Fact: Setting fire to a villa is a bold move, but let's be honestβif they just wanted attention, they could have bought an Instagram ad..
- Headline: WILLIAM WOODS CHANDLER.; President of Simsbury (Conn.) Bank and Trust Company.. Impact: Chandler's tragic demise sparked a wave of concern over building safety standards, ultimately leading to stricter regulations. Now, every time someone steps near a window, they're reminded of the importance of safetyβand perhaps, the power of gravity.. Fact: Falling from windows isn't just a dramatic way to exit; it also reminds us that sometimes, life has a way of pushing you out of your comfort zoneβliterally..
- Headline: FARM GROUPS SEEK UNITY.; Arrivals at Chicago Hope to Agree on Agricultural Aid Plank.. Impact: The quest for unity among farm groups set in motion a series of political debates that would eventually lead to the era of farm subsidies. By the late 20th century, farmers were no longer just plowing fieldsβthey were also plowing through government paperwork!. Fact: The idea of drafting an agricultural aid plank is almost as exciting as watching paint dryβunless you're a farmer, in which case, itβs your lifeline..
- Headline: HOOVER MEN FRAME A NEW WET PLANK; Would Have Congress Decide, Whether Modification or Repeal Should Be Submitted. BUTLER CLAIMS 640 VOTES Insists on Roll-Caft on Straight Repeal -- Garfield Says He Will Present All Views. HOOVER MEN DRAFT A HEW WET PLANK. Impact: Hoover's wet plank maneuver ignited a political firestorm that would lead to years of debates over Prohibition. This ultimately resulted in some very inventive cocktail recipes, as people got creative with their hidden stash of alcohol.. Fact: It's amazing how a little government indecision can lead to a massive uptick in speakeasiesβproof that where thereβs a will (and a good cocktail), thereβs a way..
- Headline: Fight Crime and Corruption Through Children, Keigwin Urges, Holding Adult Reform Fails. Impact: Keigwin's bold stance on crime prevention through children led to the establishment of youth programs that would become a hallmark of social reform efforts. Who knew that teaching kids to play nicely would result in fewer adult tantrums?. Fact: The idea that fighting crime through children might work is heartwarming, but itβs also a bit like suggesting we just give all the bad guys puppy therapy instead..
- Headline: BRITISH AND FRENCH REACH AGREEMENT ON LAUSANNE AIMS; MacDonald and Herriot Say 'Community of Views' Points to Solution on Debts. BUT ARE SILENT ON ACTION Made No Attempt to Bargain, but They Will Seek Decisions, British Premier Asserts. HERRIOT TO ASK ARMS CUT Will Call for Reductions All Around In Move to Break Impasse at Geneva, It Is Indicated. M'DONALD REACHES AN ACCORD IN PARIS. Impact: The agreement between British and French leaders on Lausanne aims set off a chain reaction of diplomatic meetings that would eventually fuel a whole new genre of 'peace talks'βcomplete with their own dramatic music scores in movies.. Fact: It's funny how world leaders can reach an agreement and still leave everyone wondering what exactly got agreed upon. I guess silence really is golden when it comes to diplomacy..
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)