Breakthroughs and everyday innovations from the year.
HEADLINES ON March 4, 1933
Full News Archive
- Headline: Tragic Incident at Honolulu Zoo. Impact: The death of the elephant led to a surge in animal rights activism, resulting in stricter regulations for zoos worldwide, which ultimately culminated in the rise of cat cafes. Yes, thatβs rightβthank an elephant for your caffeine fix with a side of feline.. Fact: Did you know elephants can recognize themselves in mirrors? Too bad they couldn't recognize the danger of their human keepers..
- Headline: Investigation of United Gas Improvement Corp. Impact: This meeting inspired the creation of utility companies that would eventually lead to the rise of 'energy-saving' appliances, which ironically consume more energy than they save. Thanks, United Gas!. Fact: Did you know that gas utilities have been around since before the invention of the light bulb? Talk about a slow burn!.
- Headline: Historic Money Rate Increase in 1933. Impact: The rise in money rates caused a panic that led to the infamous 'Panic of 1929.' So really, itβs just a lovely reminder that markets are like roller coastersβthrilling until you realize you forgot to buckle up.. Fact: Fun fact: the phrase 'money doesn't grow on trees' was probably coined right around this time, as people began to realize that financial institutions were not actual gardens..
- Headline: Roosevelt to Head Boy Scouts.. Impact: Rooseveltβs honorary presidency led to a nationwide Boy Scouts craze, which eventually made camping cool again, until it became a hipster fad. Thanks, Teddy!. Fact: Did you know Roosevelt was an avid outdoorsman? Itβs almost like he was practicing for a future in reality TVβbefore it existed..
- Headline: Washington Governor Signs Pari-Mutuel Betting Bill. Impact: The legalization of pari-mutuel betting paved the way for modern gambling, which eventually led to the invention of online casinos, proving once and for all that people will bet on anythingβeven their own sanity.. Fact: Did you know pari-mutuel betting is just a fancy way of saying 'let's hope nobody notices how bad my odds are'?.
- Headline: RAIL LABOR PUZZLE SEEN IN NEW LAW; Counsel Find Snags Besetting Carriers in Amendment to Bankruptcy Act. REFINANCING IS AFFECTED Line in Receivership Cannot Plan to Reorganize and Try to Reduce Wages, It Is Said.. Impact: New laws regarding rail labor led to the first instances of workers organizing for better pay, inspiring generations of labor movements. Who knew a law could become a catalyst for a revolution?. Fact: Fun fact: railroads were once considered the backbone of the economyβuntil they realized they were just a means of transport for disgruntled workers..
- Headline: ENGLEWOOD KEEPS TITLE.; Beats Short Hills In New Jersey Women's Squash Racquets Final.. Impact: Englewood's championship win birthed a tradition of squash tournaments that would eventually lead to the rise of health clubs, proving once and for all that sweat and competition can lead to overpriced gym memberships.. Fact: Did you know squash is the only sport that sounds like both a vegetable and a punishment? Coincidence? I think not!.
- Headline: M'NAMARA, HURT, QUITS 6-DAY RACE; Veteran Bicycle Rider Suffers Slight Concussion in Fall on the Garden Track. WINTER ALSO FORCED OUT Ankle Injury Causes Him to Retire -- Horan and Spencer Form New Team -- 16,000 Attend.. Impact: M'Namara's exit from the race inspired countless motivational quotes about resilience in the face of adversity, which would later become popular on Instagram. Thanks for the content, M'Namara!. Fact: Did you know that the Garden Track is not actually a garden? Itβs just where cyclists go to hurt themselvesβwho knew!.
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)