Breakthroughs and everyday innovations from the year.
HEADLINES ON July 31, 1932
Full News Archive
- Headline: Wendel Heirs' Claimants Dramatically Reduced. Impact: The reduction of heirs from 1,800 to 27 sparked a global trend in estate planning, with lawyers now offering 'cut-throat' family planning services. Family reunions became a cautionary tale.. Fact: Fun fact: John Wendel's distant relatives have since formed a competitive sports league called 'Claimants United'—they're still fighting over the last slice of cake..
- Headline: Insights on US Naval Policy Debate. Impact: Admiral Pratt's naval policies were so influential that they inspired future commanders to consider integrating interpretive dance into naval strategy—because who doesn't love a good pirouette while dodging torpedoes?. Fact: Spoiler alert: The U.S. Navy's next big innovation was actually a 'Navy Karaoke Night' to boost morale!.
- Headline: HEWITT DEFENDS HAWAII.; Attorney General Finds "Amazing Absence" of Major Crimes.. Impact: Hewitt's defense of Hawaii led to a surge in tourist interest, ultimately resulting in the phenomenon of overpriced Hawaiian shirts becoming a staple in every regrettable wardrobe.. Fact: Despite the 'amazing absence' of major crimes, Hawaii still invented the crime of overcooking a spam musubi. It's a serious offense!.
- Headline: WHISPERING PLOT' ASSAILED BY FARLEY; Charges Rivals Are Spreading False Stories of Roosevelt's Physical Condition. RECALLS ATTACK ON SMITH Democratic Chairman Over Radio Sees Governor's Health Attested by $500,000 Insurance Policy.. Impact: Farley's accusations of a whispering plot led to the invention of the 'Whisper Campaign' as a popular political strategy, eventually evolving into social media trolling.. Fact: In a twist, Roosevelt's health was later reported to be as stable as an internet connection during a thunderstorm. Not very reassuring!.
- Headline: Harbor Pilots Balk at Salvaging Visitors; Must Pay Atlantic Fare or Be Stowaways. Impact: The pilots' refusal to salvage visitors led to a new wave of 'forgotten vacationer' survival stories, inspiring countless reality shows about people stranded on cruise ships.. Fact: Rumor has it, one pilot turned a stowaway incident into a bestselling novel titled 'Drifting at Sea: A Love Story'..
- Headline: NAMED FOR CHICAGO FAIR.; Eugene Schoen and Two Aides to Direct New York's Display.. Impact: Schoen and his aides' work for the Chicago Fair led to the rise of competitive display management, where showcasing booths became more elaborate than the products themselves. Welcome to the age of 'Booth Wars'.. Fact: Fun fact: The New York exhibit featured a giant replica of an apple because, of course, New York..
- Headline: I.R.T. NOTE DEPOSITS TO AID TRANSIT UNITY; Committees for 7 and 6 Per Cent Issues Hope to Obviate Funding at Maturity. B.M.T. ESCAPES PROBLEM Private Sale of Company's $13,- 500,000 6 Per Cents Replaces Same Amount of 6 1/2 % Notes. I.R.T. NOTE DEPOSITS TO AID TRANSIT UNITY. Impact: The I.R.T. note deposits to aid transit unity led to the creation of 'transit therapy'—a new age movement where commuters share their emotional struggles during the daily grind.. Fact: They say the best therapy happens in transit—mostly because that’s when everyone starts talking to themselves about how late they are!.
- Headline: AMERICANS CAPTURE DAVIS CUP DOUBLES; Allison and Van Ryn Defeat Cochet and Brugnon, 6-3, 11-13, 7-5, 4-6, 6-4. FRANCE NOW LEADS BY 2-1 United States Tennis Stars Must Take Both Singles Today to Regain Cup. ALLISON EXCELS IN MATCH His Smashing Overhead Game and Brilliance at Net Provide Victors' Slight Margin. AMERICANS CAPTURE DAVIS CUP DOUBLES. Impact: The Americans capturing the Davis Cup doubles led to an ongoing rivalry that eventually inspired the invention of Tennis-themed rom-coms, where love blossoms over net volleys, literally.. Fact: Allison and Van Ryn later revealed their secret weapon was a synchronized dance routine to distract their opponents. Who knew tennis could be so... choreographed?.
- Headline: CROSS'S NOMINATION IS HELD A CERTAINTY; Connecticut Governor Agrees After Party Conferences to Run Again. PLANS VIGOROUS CAMPAIGN Tunney Will Stump State With Him -- Reports of Party Coolness to Roosevelt Denied.. Impact: Cross's nomination certainty sparked a trend of politicians declaring their candidacies while simultaneously planning elaborate exits, leading to an increase in dramatic resignations in politics.. Fact: Tunney's campaign strategy of 'stumping' involved literally standing on a stump. It didn't help his height issues, but it was quite the photo op!.
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)