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 September 2, 1932
Full News Archive
- Headline: Capt. Roark's Handicap Change in Polo. Impact: This minor adjustment in polo handicaps led to a chain reaction of confusion in the equestrian world, eventually resulting in the invention of horse-sized calculators, as no one could keep track of who was winning anymore.. Fact: As if polo needed more drama, this change sparked an underground league where players began using trained monkeys as caddies. Because why not?.
- Headline: Debate on Wealth Distribution in 1932. Impact: This skeptical examination of economic theories planted seeds of doubt that would later bloom into entire conspiracy theories about how the Great Depression was just a plot by bored economists.. Fact: If only Mr. Bolam had known that the best way to distribute wealth is through Monopoly moneyβat least thereβd be less fighting over it!.
- Headline: Michigan's Historic Victory in Japan. Impact: This victory inspired a wave of 'American baseball fever' in Japan, leading to the creation of sushi-themed baseball teamsβa true fusion of culture.. Fact: The only thing more surprising than this win is that it took until the 2000s for someone to attempt to make a baseball bat out of sushi rolls!.
- Headline: $31,000,000 NOTES DEFAULTED BY I.R.T.; Receiver Says No Provision Has Been Made to Meet Principal or Interest on 7% Issue. MORGAN GROUP WINS POINT Protective Committee Gets Permission From Court to Take Part in Equity Action.. Impact: This financial debacle led to a new trend in corporate law known as 'The Morgan Maneuver,' where companies would default just to spice things up in board meetings.. Fact: Fun fact: The only thing more common than corporate defaults is the use of the phrase 'we're looking into it' in boardrooms!.
- Headline: BAM EMPLOYE HELD FOR $87,000 THEFTS; 10 Years' Embezzlements Lost in Rum-Running Ventures, He Is Said to Have Admitted. FICTITIOUS ACCOUNTS USED Head Bookkeeper at Manufacturers Trust Branch Pleads Not Guilty Despite Reported Confession.. Impact: This incident sparked a nationwide trend of employees hiding their embezzled funds in increasingly ridiculous places, such as inside old VHS tapes or in their grandmother's false teeth.. Fact: It turns out that if you steal $87,000 over ten years, you could have just invested it in Beanie Babies and tripled your moneyβso much for the rum-running!.
- Headline: MEET SOON TO FIX ARMY-NAVY DETAILS; Graduate Managers of Rival Academies to Settle Plans for Football Contest. PARCELING OF SEATS TOPIC Dr. Mercer of Penn Will Join the Conference -- Sites of Games in 1933 and 1934 Undecided.. Impact: This meeting initiated an endless cycle of college football rivalries, leading to the annual ritual of fans dressing up in absurd costumes to shout at each other over a pigskin.. Fact: The real reason for these meetings? A secret competition to determine which academy can create the most ridiculous mascot!.
- Headline: ROOSEVELT NOT SURPRISED; Withholds Comment, but Will Reply to Attack After Seeing Text. QUITTING SEEN AS STRATEGY Ultimatum by Walker Today Would Have Given Roosevelt Chance to Oust Him First. GOVERNOR FREED FOR TOUR Interrupted Campaign Now Can Be Resumed -- Party Leaders Meet Executive. GOVERNOR TO MAKE REPLY TO WALKER. Impact: This political maneuvering foreshadowed a long lineage of political power plays, leading to the modern-day political strategy of posting vague tweets about your opponents instead of actually addressing issues.. Fact: Rumor has it that Roosevelt kept a list of snappy comebacks in his back pocket for moments just like this. Too bad Twitter wasnβt around back then!.
- Headline: "TRAVIATA" IN BRYANT PARK; Throng Applauds Performance of Puccini Grand Opera Co.. Impact: This outdoor opera performance led to a surge in public interest in the arts, ultimately resulting in the creation of 'Opera in the Park' events worldwide, where people pretend to understand arias while sipping overpriced lattes.. Fact: If you think opera is dramatic, you should see the brawls that broke out over who got the best picnic spot during these performances!.
- Headline: ENDS LIFE IN RIVER LEAP.; Woman, 75, Plunges From Ferry-boat-Body Found in Jersey.. Impact: This tragic event underscored the mental health challenges faced by the elderly, leading to increased awareness and community support programs that would ripple through generations.. Fact: While this story is deeply saddening, it also serves as a reminder that rivers can be both beautiful and perilousβjust like life itself..
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)