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 July 23, 1932
Full News Archive
- Headline: ICC Decision on Railroad Consolidations. Impact: The ICC decision on RR consolidations led to a series of public transport debates, sparking a nationwide obsession with train-themed board games. Who knew that Monopoly's train stations might just be a commentary on 20th-century transport woes?. Fact: Did you know that train schedules from this era were more complex than a Rubik's cube? Spoiler: nobody ever solved them..
- Headline: Garment Workers' Mediation Efforts in 1932. Impact: The failure to reach a garment peace agreement resulted in a never-ending cycle of fashion disasters, leading to the invention of sweatpants as a universal sign of defeat. The world may never recover from the 80s.. Fact: Fun fact: the last time jobbers and contractors agreed was during a game of rock-paper-scissors—someone was clearly cheating..
- Headline: Canada's Newsprint Export Boom of 1932. Impact: Canada's newsprint export boom caused a surge in the number of newspapers, leading to the invention of the coffee table just to keep all that paper from cluttering your life. Now we have cluttered newsfeeds instead.. Fact: Did you know that back in the day, the term 'newsprint' was actually a euphemism for 'things nobody asked for'?.
- Headline: Britain Succeeding in Big Loan Conversion; 'Wartime' Propaganda Stirs Patriotic Spirit. Impact: Britain's loan conversion success made them the financial heroes of the day, inadvertently inspiring a generation of young people to consider financial wizardry as a career—too bad they forgot to include 'personal finance' in the curriculum.. Fact: Did you know that wartime propaganda was basically the 1940s version of social media influencers? #PatriotismGoals.
- Headline: Feminist Leader Lauds Americans.. Impact: The arrival of a feminist leader in the U.S. sparked countless discussions about women's rights, eventually leading to debates about whether women should even have rights at all. Spoiler alert: they definitely should.. Fact: Did you know that at the time, some people thought feminism was just a phase? Kind of like bell-bottoms. Surprise!.
- Headline: Hatton Heads Lions Clubs.. Impact: C.H. Hattan's election as president of the Lions Clubs led to an increase in lion-themed events, which ultimately resulted in a regrettable trend of people dressing as lions for charity runs. Yes, that happened.. Fact: Fun fact: Lions Clubs were originally formed to help people see the irony in their mascot's name—'Lion' is a metaphorical representation of courage, which most of us lack when facing customer service..
- Headline: HIRAM DRAPER.. Impact: Hiram Draper's passing was but a blip in the timeline, but it led to the rediscovery of the phrase 'Wisdom comes with age,' which is still debated today depending on whom you ask.. Fact: Did you know that 93 was considered the new 70 back in the day? Talk about a flexible age limit!.
- Headline: HOOVER APPROVES HOME LOANS BILL; PREDICTS JOB RISE; He Holds Glass Rider, in Its "Practical Working," Will Not Cause Inflation. HAILS STEP TO RECOVERY President Lays Unemployment Partly to "Stagnation in Construction." LARGE DEMAND REPORTED "Huddling" Conceals a Shortage, He Says, Putting Building Needs at Over $300,000,000. HOOVER APPROVES HOME LOANS BILL. Impact: Hoover's approval of the Home Loans Bill inadvertently led to a nationwide obsession with DIY home improvement shows. Because if we couldn't afford a house, we could at least watch other people try to fix theirs on TV.. Fact: Did you know that the 'stagnation in construction' was just a euphemism for everyone binge-watching home renovation shows instead of actually building?.
- Headline: UPTREND IN PRICES CHEERS BUSINESS; Mercantile Agencies Report Indications of Stability in Leading Industries. STEEL GROUP OPTIMISTIC Shipments Absorbed Production In June -- Vacation Supplies Are In Demand.. Impact: The uptick in prices and business optimism had a ripple effect, leading to an era where people mistook optimism for actual economic recovery. Spoiler alert: it wasn't.. Fact: Did you know that the term 'cheers business' was originally a toast to financial optimism before it became a sarcastic eye-roll?.
- Headline: Mayor of Freeport Heads Utility Body; Maltbie Pleads, for Cooperation With Board. Impact: The mayor's election as head of the Utility Body sparked a newfound interest in municipal politics, leading to an explosion of amateur politicians who thought they could fix everything with a committee meeting. They were wrong.. Fact: Did you know that municipal utility meetings often have more drama than a soap opera? Tune in next week for 'As the Meter Turns.'.
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)