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 December 8, 1932
Full News Archive
- Headline: Mrs. Spencer's Farewell Luncheon Celebration. Impact: Mrs. Spencer's farewell luncheon led to an unforeseen increase in Palm Beach tourism, as everyone suddenly wanted to know what all the fuss was about. Little did they know, this would set off decades of people pretending to enjoy golf and overpriced brunches.. Fact: The Governor's mother was the original influencer, proving that sometimes all you need to become famous is a well-timed departure and a fancy lunch..
- Headline: Roosevelt Tackles City's Financial Crisis. Impact: Roosevelt's conference with bankers sparked the creation of a secret society of financial wizards, who met in dimly lit basements to discuss how to keep the economy from collapsing. Spoiler: They failed spectacularly.. Fact: If you think todayβs financial meetings are boring, just imagine the thrill of listening to bankers back thenβat least now we have memes to cope!.
- Headline: Longworth Estate Inheritance Tax Case. Impact: The Longworth inheritance tax was the catalyst for an underground network of wealthy families trying to outsmart each other with creative estate planning. This eventually led to the rise of 'trust fund kids' and their infamous brunch habits.. Fact: Inheritance taxes: because nothing says 'I love you' like taking a chunk out of your parent's life savings after they kick the bucket..
- Headline: 1,200 AT FOHERAL OF CAPTAIN mm; 'If End Comes, Turn My Face to Sea,' Last Words of Europa's Master, Throng Is Told. SERVICE ON SHIP AT PIER Eulogies by Two Ministers and North German Lloyd Officialuo Music by Liner's Orchestra.. Impact: Captain mm's last words became a rallying cry for sailors everywhere, leading to an unexpected boom in sea shanty popularity. Who knew nautical nostalgia could influence pop culture for generations?. Fact: Turning your face to the sea is a timeless way to avoid awkward conversationsβthough it doesn't work quite as well at cocktail parties..
- Headline: Acquitted in Suffolk Killing.. Impact: P Milana's acquittal inspired a whole genre of courtroom dramas where the plot twist is always the 'innocent until proven guilty' trope. Hollywood thanks you, P Milana!. Fact: Acquittals: the original cliffhangers, keeping everyone guessing who really did it while binge-watching court shows..
- Headline: MAKES TAX AGREEMENT WITH EIGHT STATES; New York Will Allow Credits to Non-Residents Liable to State Income Levy.. Impact: The tax agreement with eight states led to a wild game of financial tag, where states tried to outdo each other on tax credits, creating a bizarre competition that still affects tax policy debates today. Who knew tax could be a spectator sport?. Fact: Reciprocal agreements: the adult version of sharing toys, only with way more spreadsheets and a lot less fun..
- Headline: Two French Exhibitions.. Impact: The exhibitions of French painters inadvertently sparked an art movement that included abstract expressions of confusionβperfect for those who had no idea what they were looking at.. Fact: French painters: masters of making you feel like a cultural barbarian while charging you an entry fee to feel inadequate!.
- Headline: CADDY ARRESTED IN THREAT; Westchester Woman Golfer Says He Sought Money by Extortion.. Impact: The caddy's arrest for extortion inspired a new wave of 'caddy as villain' tropes in sports movies, leading to a cinematic universe where golf is never just about the game.. Fact: Extorting money from golfers is a bold strategy, one that proves some people will do anything to avoid carrying a bag of clubs..
- Headline: City Showed November Gain Of 1.08% in Postal Receipts. Impact: The increase in postal receipts led to a conspiracy theory that the post office was actually a front for an elite society of stamp collectors who controlled the flow of information. Spoiler: They just really liked stamps.. Fact: Postal receipts: the unsung heroes of economic data that no one cares about until theyβre downβthen it's panic mode!.
- Headline: PARLEY IS HALTED; COPPER AT NEW LOW; Roan Antelope Refuses to Recede From Demand for 80% Rise in Output. TRUCE IS STILL HOPED FOR Whole Question of Production, It Is Feared, Will Be Opened if Compromise Is Made.. Impact: The halted parley over copper prices ignited a series of protests that eventually led to the underground copper trading scene, where people traded old pennies for artisanal cheese. It got weird.. Fact: Copper at new lows: because nothing says economic stability like a bunch of people haggling over shiny metal..
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)