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 October 16, 1932
Full News Archive
- Headline: Farewell to the Palace Theatre. Impact: Without the Palace, Broadway's next big hit might have been a two-hour documentary on the history of paperclips. You're welcome, America.. Fact: The Palace Theatre was known as the home of vaudeville, where acts ranged from the sublime to the ridiculousβa bit like modern reality TV!.
- Headline: Dr. Shulman Warns of Budget Cuts. Impact: Dr. Shulman's warning about probation budget cuts sparked a movement that led to a nationwide obsession with probation officers. Now they're the new rock stars of the criminal justice system.. Fact: Probation is like a second chance, but with way more paperwork and less fun than a birthday party..
- Headline: New Children's Books Released in 1932. Impact: The introduction of children's books like 'Angus Lost' and 'What Whiskers Did' initiated the parental panic that led to the age of overly ambitious kidsβ literature. Thanks a lot, Marjorie Flack.. Fact: Before picture books, children just had to rely on their imaginationsβhow quaint!.
- Headline: SINGER'S LIBEL SUIT IS SETTLED BY KAHN; Miss Morini Entirely Satisfied With Terms of Agreement, Her Lawyer Asserts. BANKER'S COUNSEL SILENT Defendant, Ill, Was to Have Been Examined at Home Tomorrow -- He Denied Praising Plaintiff's Voice.. Impact: Miss Morini's libel suit settlement set a precedent for all future celebrity disputes: if you can't praise my voice, you best prepare for a dramatic courtroom showdown.. Fact: In the world of lawsuits, 'praise' can be just as dangerous as 'slander.' Who knew compliments could be so contentious?.
- Headline: ANGUS TAKES STAKE AT WESTFIELD SHOW; Herring's Gelding Triumphs in Feature $250 Test for Hunters and Jumpers.. Impact: Angusβs victory in the horse show sparked a bizarre chain of events that led to the establishment of equestrian reality shows. Clydesdales now have their own Instagram accounts.. Fact: Winning a horse show can lead to fame, fortune, and an unending supply of carrotsβtruly the dream!.
- Headline: Miscellaneous Brief Reviews; TEXAS CAMBEL TALES. Incidents Growing Up Around an Attempt of the War Department of the United States to Foster on Uninterrupted Flow of Commerce Through Texas by the Use of Camels. By Chris Emmett. Illustrated. 275 pp. San Antonio, Texas: Naylor Printing Company. $2.50. Miscellaneous Brief Reviews. Impact: The failed camel commerce initiative led to a long-standing debate on the merits of camels versus horses. Spoiler alert: horses won, but camels still have the better selfies.. Fact: Camels can drink up to 40 gallons of water at once. That's one thirsty friend!.
- Headline: QUARREL THREATENS RUMANIAN CABINET; Vaida-Voevod and Titulescu Continue at Odds Despite Audiences With King.. Impact: Rumors of friction being dispelled probably led to an increase in PR firms, which then paved the way for modern-day spin doctors. Just think of all the hashtags we could have avoided!. Fact: In politics, sometimes the best way to dispel rumors is to create new onesβit's like a never-ending game of telephone!.
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)