Breakthroughs and everyday innovations from the year.
HEADLINES ON July 17, 1932
Full News Archive
- Headline: Notes on Aviation: 'CONTACT'. Impact: If only the Wright brothers had known that their aviation notes would inspire countless movies about lost luggage and TSA lines, maybe they would have taken up knitting instead.. Fact: Did you know that the first commercial airline flight in the U.S. was in 1914? Just imagine the in-flight meals back thenβprobably just a sandwich and a less-than-pleasant attitude..
- Headline: Hoover Urged to Adopt 4 Billion Scrip Plan. Impact: This bold plan to solve the Great Depression by issuing currency is the same thought process that led to every infomercial selling βAs Seen on TVβ products. Spoiler: it didn't work, and now we have a lot of regrettable purchases.. Fact: Fun fact: the only thing more inflated than the currency during the Great Depression was the number of people claiming they could solve it with 'just one simple trick.'.
- Headline: GLEN COVE CEREMONY OPENS MORGAN PARK; F. Trubee Davison Speaks at Exercises at Memorial to Banker's Mother.. Impact: This ceremony probably made Morgan Park a hot spot for future dedications, inadvertently leading to a trend of naming things after people who probably didnβt want anything named after them.. Fact: Did you know that dedicating parks is basically a historical way of saying, 'Look what I did!' without having to build something like a statue? It's like the adult version of getting a participation trophy..
- Headline: LEGEND OF 'REDEEMER' FOUND AMONG INDIANS; Fox Tribe's Story of Boy Aided by Manitous Held to Resemble Those of Old World.. Impact: The discovery of this ancient legend likely sparked a series of questionable TV shows where historians dress up as Indians and reenact their storiesβbecause who doesn't love a good dramatization?. Fact: Fun fact: Many modern religions are built on legends that were once passed down orally. So if you want to start a religion, just find some old folklore and add a dash of modern flair!.
- Headline: PIPE ETHICS.. Impact: The topic of 'pipe ethics' probably led to numerous philosophical debates and a few awkward conversations at parties where no one knew how to exit gracefully.. Fact: Did you know that pipe ethics is a topic so dry it could put a cactus to sleep? Just donβt bring it up at the next dinner party unless you want to watch everyone leave in slow motion..
- Headline: MUSSOLINI LOOKS AT THE WORLD; II Duce Expounds to Emil Ludwig His Political Doctrines, Talks of Socialism, Capitalism, Fascism and Communism, and Delivers a Critique Upon Three Dictators of Other Epochs MUSSOLINI VIEWS THE WORLDS The Duce Expounds to Ludwig His Political Doctrines and Discusses Three Dictators. Impact: Mussoliniβs grandstanding likely inspired dictators everywhere to write their own manifestos, leading to the world's worst 'Dictator's Book Club' where no one read the books, but they all had strong opinions.. Fact: Did you know Mussolini once claimed he made the trains run on time? Spoiler alert: That was just a catchy slogan, not a real accomplishment. Shocking, I know!.
- Headline: DRIVE BONUS PICKETS FROM WHITE HOUSE; POLICE ISOLATE AREA; "Mr, Zero" and Others Seized When They Resist Officers Breaking Up March. PATROLS CIRCLE GROUNDS Riot Threatened at Capitol in Forenoon After Arrest of Waters Angers 6,500. NURSE AVERTS A CLASH Girl Springs Upon Platform and Turns Men to Songs as They Grow Menacing. BONUS ARMY GROWS ANGRY AT CAPITOL. Impact: This clash between bonus marchers and police likely resulted in the birth of countless protest songs, proving that music really can come from every corner of hardship.. Fact: Did you know that the term 'Bonus Army' was used to mock these veterans? Because whatβs funnier than veterans demanding their promised bonusesβoh wait, that's not funny at all!.
- Headline: VOTE BONUS LOAN RATE CUT; Senators Send Bill to Hoover With Interest Put at 3 1/2 Per Cent.. Impact: This bill to cut loan rates probably inspired future generations of politicians to think, βIf it worked for them, why not just keep tinkering with interest rates until someone gets a headache?'. Fact: Fun fact: Lowering interest rates is like giving a sugar rush to an economy. It sounds great until everyone crashes back down and realizes they have to pay it back eventually..
- Headline: Minnesota's Frontier; WITH PEN AND PENCIL ON THE FRONTIER IN 1851. The Diary and Sketches of Frank Blackwell Mayer. Edited with an Introduction and Notes by Bertha L. Heilbron. Preface by Theodore C. Blegen. St. Paul, Minn. The Minnesota Historical Society. $2.50.. Impact: Mayerβs sketches surely provided future generations with a romanticized view of frontier life, leading to countless reenactments where everyone forgets how hard it actually was.. Fact: Did you know that writing about the frontier was once considered 'adventurous'? Now, itβs just a way to sell books while ignoring the reality of endless hard labor and mosquitoes..
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)