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HEADLINES ON October 5, 1932
Full News Archive
- Headline: Vermont Republicans Embrace Prohibition Repeal. Impact: In a bizarre twist, the Vermont Republicans' decision to bar saloons led to the rise of the speakeasy culture decades later, making Prohibition the most ironic party theme in history. You can thank them for the Great Gatsby parties. Cheers!. Fact: Prohibition actually made drinking illegal, but it also resulted in a massive increase in illegal breweries. So, you know, good job with that plan..
- Headline: Mrs. Charles Fownes Passes at 98. Impact: Mrs. Fownes' death at 98 marked the end of an era, leading to the rise of social security debates and the modern retirement community. Who knew living long could spark political discourse?. Fact: She traveled by canal boat in 1841, which means she probably had more adventure by the time she was 20 than most of us have in a lifetime. Canal boat selfies were obviously not a thing..
- Headline: CITY ELECTION FIGHT HEARD BY HIGH COURT; Delegates Throng Tribunal as Miller Argues Special Vote Would Be a 'Mockery.' DECISION TODAY IS LIKELY Lilly and Hillquit Assert the Mayoralty Is Vacant and Law Demands an Election. CITY ELECTION FIGHT ARGUED ON APPEAL. Impact: This court case about a vacant mayoralty prompted a nationwide obsession with political drama, inspiring countless TV shows about scandalous elections and the phrase, 'But who will be the next Bachelor?'. Fact: Political debates have become a spectator sport, but they didnβt always come with popcorn until this event. Now we can vote and binge-watch at the same time!.
- Headline: THRONG ACCLAIMS DONOVAN ADDRESS; Parading Veterans Add to the Tumult at Notification Cere- mony in Convention Hall. BOYHOOD SCENES RECALLED Nominee's Running Mates Attend Meeting -- Campaign Plans to Be Made Today.. Impact: Donovan's address rallied veterans, creating a sentimental attachment to the idea of heroism in politics, which would eventually lead to politicians using military backgrounds as a badge of honor, regardless of their actual service record.. Fact: When parading veterans show up, itβs a reminder that politics can sometimes be more about the spectacle than the issues. Get your confetti ready!.
- Headline: M'COOEY IS FORCED TO YIELD ON LEHMAN; Bolt Threat by Kings Leaders at Albany Brings Break in Alliance With Tammany. McKEE MAN HEADS REVOLT Sutherland Is Spokesman for Frankly Defiant Group, Round- ed Up by Shorenstein. ORDER FOR VOTE IS ISSUED Brooklyn Chieftain Directs F.J. Quayle, First on Roll, to Support Lieutenant Governor.. Impact: The breaking of the alliance with Tammany led to a series of political backstabbings that would make any soap opera writer jealous. Who knew Albany could be such a dramatic setting?. Fact: Political alliances are like friendships in high schoolβone betrayal, and suddenly everyone is at each other's throats. Welcome to politics!.
- Headline: BAR PRESSES FIGHT ON JUDGESHIP DEAL; Studies Independent Slate, as Part of McKee's Race, to Op- pose Hofstadter and Steuer. WILL ACT TOMORROW NIGHT State Senator's Reported Plan to Stand by Tammany Backing In- creases Lawyers' Resentment.. Impact: The bar's fight against the judgeship deal sparked a movement for legal independence, revealing that lawyers can have a flair for drama and a talent for protestingβwho knew they could be so theatrical?. Fact: Lawyers are known for their arguments, but when they start protesting, you know it's seriousβand probably more entertaining than most courtroom dramas..
- Headline: CURRY DEFEAT COMPLETE; Tammany Aides Strike Blow at His Prestige by Defying Him. AHEARN HEADS THE REBELS Challenge at Albany Seen as Presaging Revolt Against His Leadership Here. WALKER'S CHANCES DIMMER Hall's Chieftain Appealed in Vain to Smith to Stand Behind Him. REVOLT OF LEADERS CONFRONTS CURRY. Impact: Curry's leadership crisis led to a series of power struggles that would eventually inspire countless political thrillers, the ones where you need a family tree to keep track of who's who.. Fact: In politics, you're only as good as your last scandal. Curry learned that the hard way when his aides decided to rebelβtalk about a plot twist!.
- Headline: WALKER CONFIDENT AS HE STARTS HOME; Sailing on Europa, He Appears Self-Assured, Though Fatigued by Vacation Abroad. SCOFFS AT FUSION REPORT Discounts Prospect of Republican Aid for McKee -- Takes Fling at Seabury for His Attack.. Impact: Walkerβs self-assured attitude upon returning from vacation laid the groundwork for the modern political trope of the 'comeback kid'βbecause nothing says 'ready to lead' like a sunburn and a tan!. Fact: Vacationing politicians are like fine wine; sometimes, they just get better with age or, at the very least, provide good photo ops..
- Headline: Philadelphia to Reopen Schools.. Impact: Philadelphia reopening schools would kickstart a series of educational reforms and debates about funding that continue to this day, because who doesn't love a good debate about textbooks?. Fact: Reopening schools often leads to the same debate: 'Should we actually teach kids, or just let them play during recess?' Spoiler alert: recess always wins..
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)