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HEADLINES ON February 28, 1933
Full News Archive
- Headline: R.K.O. Theatres Enter Bankruptcy Proceedings. Impact: The bankruptcy of R.K.O. led to a significant downturn in film production, which indirectly prompted the rise of independent films. Who knew that a financial crisis could give birth to the indie film revolution? Next time you enjoy a quirky film with a shoestring budget, thank R.K.O. for making it all possible.. Fact: Did you know that R.K.O. was home to some of the greatest films ever made? So tragic that they went bankruptβguess they didn't have enough 'cents' for their 'centsational' ideas!.
- Headline: Aguinaldo's Mission to the U.S.. Impact: Emilio Aguinaldo's decision to travel to the U.S. sparked a series of negotiations and conflicts that would eventually lead to the Philippines' quest for independence. Little did he know, his trip would contribute to a long and complicated relationship between the two nations.. Fact: Aguinaldo was actually the first President of the Philippines! Talk about making a trip countβforget the souvenir shop, he brought back a revolution instead..
- Headline: Pope Pius XI's Lent Instructions. Impact: The Pope's insistence on contemplation during Lent sparked a trend of self-reflection that transcended religion, eventually leading to the modern wellness movement. Who knew a religious directive could morph into yoga classes and kale smoothies?. Fact: Lent: the original 40-day diet plan, long before influencers started promoting their juice cleanses and intermittent fasting. Thanks, Pope!.
- Headline: Postoffice Architects Named.. Impact: The naming of architects for the new post office may seem mundane, but it set the stage for the architectural identity of postal services worldwide. Thank these architects for your local post office's stylish brick facade, instead of just another boring box!. Fact: Because nothing screams excitement like a meeting to name architects! I mean, forget Hollywood, this is where the real drama unfolds..
- Headline: PLAN PUBLIC FUNERAL FOR CONDEMNED BOY; Colombia (S.C.) Officials Wish to Convince Other Negroes That Execution Is Bona Fide.. Impact: The public funeral for the condemned boy underscored the harsh realities of racial injustice in America and incited protests that would ripple through the civil rights movement. This tragic event became a grim reminder of the fight against systemic racism.. Fact: This event is a stark reminder that history has a way of repeating itself if we don't pay attention. Tragedies like this fueled the fire for change, albeit at a terrible cost..
- Headline: WASHINGTON BANS FAR EAST EMBARGO; Stimson and Congress Are Opposed to Following Lead of Great Britain. HELP TO JAPAN IS SEEN State Department Will Accept League Bid for Cooperation With New Committee. WASHINGTON BANS FAR EAST EMBARGO. Impact: The lifting of the embargo on the Far East revealed shifting alliances and paved the way for future diplomatic relations in Asia. The U.S. essentially said, 'Hey, Great Britain, weβll go our own way,' setting the stage for a new world order.. Fact: Congress opposing an embargo? Shocking! I mean, why should they follow the lead of any other country when they can just wing it and hope for the best?.
- Headline: EDUCATORS ASSAIL PINCH ON SCHOOLS; Speakers at Minneapolis Demand Scientific Budgets by Disinterested Experts. HOWARD SCOTT IN PLEA He Urges Teaching Young "New Technological Idealism" -- Individualism Attacked.. Impact: The demand for scientific budgeting in education reflected a growing awareness of the need for accountability in funding, eventually leading to the reforms we see today. It was the dawn of 'money matters,' where educators decided they wanted more than just chalk dust in their budgets.. Fact: Ah, the classic case of educators asking for moneyβbecause who doesnβt love a good budget meeting? It's like a party, except instead of cake, you get spreadsheets..
- Headline: Equity Protests Theatre Tax.. Impact: The Actors' Equity Association's protest against the theatre tax catalyzed a movement for fair wages and working conditions for performers. In a way, it was the first step toward the glamorous life of actors demanding their due on the red carpet.. Fact: Because nothing says 'we love the arts' like taxing the very people who bring it to life! Thanks, government, for your unwavering support!.
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1933, it would be worth $487,500 today (487.5x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1933, it would be worth $147,887 today (147.9x return)