Breakthroughs and everyday innovations from the year.
HEADLINES ON June 23, 1932
Full News Archive
- Headline: Jersey Theatre Prices and Safety Law Alert. Impact: The drop in movie prices led to a surge in cinema attendance, which in turn inspired a generation of filmmakers to create movies that would eventually lead to the rise of the superhero blockbuster. Who knew lower prices could spawn a universe of spandex and slow-motion explosions?. Fact: Did you know that if movie tickets had remained as expensive as they were in the '50s, we might all be living in a world where the Avengers are just a bunch of guys watching paint dry?.
- Headline: Tidal Wave Devastates Mexican Coast. Impact: The tidal wave that claimed 34 lives in Cuyutlan sent shockwaves through disaster preparedness, leading to the invention of waterproof smartphones. Because nothing says 'we care' like being able to document a catastrophe while it's happening.. Fact: Natural disasters have a way of reminding us that Mother Nature is not just an artist but also an unpredictable prankster..
- Headline: BAKER CHALLENGES THE COLLEGE BRED; He Wonders 'What Happens' to the 'Intellect of America' After Graduation. THEIR AID IN CRISES ASKED Leadership In the Depression Greatly Needed, He Tells Yale Alumni After Getting Honorary Degree.. Impact: Baker's questioning of college graduates' intellect sparked a wave of existential crises among alumni, resulting in the creation of support groups that still meet today, debating whether that degree was worth the mortgage.. Fact: Did you know that most graduation speeches are just elaborate ways to say, 'Welcome to the real world, where your degree is about as useful as a screen door on a submarine'?.
- Headline: ROOSEVELT READY WITH A WET PLANK; Governor Is Reported to Favor Submission of Repeal to Legislatures. BID TO WEST AND SOUTH Farley Says That His Candidate Is Prepared to Give Views on Economic Issues Also. PLATFORM MEETING TODAY G.M. Hitchcock, Instead of Sen- ator Hull. Is Group's Candidate for Chairman.. Impact: Roosevelt's potential wet plank became a rallying point that not only helped usher in the end of prohibition but also inspired future politicians to consider their stances on alcohol based on popularity rather than principles.. Fact: Roosevelt’s wet plank was the political equivalent of saying, 'Hey, let's just have a drink and discuss our differences.'.
- Headline: PROGRESSIVES TALK OF BOLTING HOOVER; Some Insurgent Senators Dis- cuss Possibility of Sup- porting Roosevelt. AWAIT CHICAGO ACTION Move to Abolish Two-thirds Rule, if Need Arises, Grows Among Roosevelt Backers. GROUP TO GO TO CONVENTION Senate Situation Makes the Trip Uncertain for Several -- Coast Leader Visits President.. Impact: The progressives' talk of bolting from Hoover catalyzed a political movement that ultimately redefined party loyalty. Today, people bolt from parties like they're running from an ex at a wedding.. Fact: Political parties are like relationships; if they don't support your growth, it might be time to 'bolting' instead of 'settling.'.
- Headline: BaileyuGracey.. Impact: Bailey and Gracey's marriage led to a lineage that would eventually contribute to a series of family gatherings where awkward small talk became an art form. The ripple effect continues with each holiday season.. Fact: Did you know that behind every happy couple is a collection of awkward family photos that should never see the light of day?.
- Headline: ALL FORCES ARE INCLUDED; Armies, Navies, Planes Would Be Reduced to Defense Needs. REICH STRENGTH AS BASIS Tanks, Chemical Warfare, All Large Guns and Bombers Would Be Abolished. OUR SAVING $2,000,000,000 Hoover Sees Greater Safety to This Country -- Rules Out Debts Question. HOOVER ASKS CUTS IN ARMS OF A THIRD. Impact: Hoover's proposal for military reduction sent shockwaves through defense industries, leading to a generation of engineers who would create toys instead of weapons. Talk about turning swords into plowshares!. Fact: It's a little known fact that if we had reduced arms back then, we might have a lot more action figures today, and way fewer world conflicts..
- Headline: 73 TO BE GRADUATED AT PATERSON NORMAL; Professor Myers of N. Y. U. to Address Class of Teachers at Exercises Tonight.. Impact: The graduation of 73 teachers from Paterson Normal set off a chain reaction that would eventually lead to a teacher shortage crisis, resulting in the invention of substitute teachers—who are basically just stand-ins for the real deal.. Fact: Graduation ceremonies are the only events where you can sit for hours, listen to boring speeches, and still leave with a piece of paper that says, 'I survived this!'.
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)