Breakthroughs and everyday innovations from the year.
HEADLINES ON May 25, 1933
Full News Archive
- Headline: Honoring W. G. Ladd's Legacy. Impact: The funeral of W. G. Ladd set off a series of social events that led to the formation of the 'Notable's Club', where lawyers and yachtsmen gather to discuss the finer points of life and death over overpriced cocktails. Who knew a funeral could lead to a yacht party?. Fact: W. G. Ladd was not just a lawyer; he was a lawyer with a yacht! Because why should your attorney only be sailing through your legal troubles?.
- Headline: Understanding Deficiency Judgments in 1933. Impact: The emergence of deficiency judgments created a ripple effect, leading to the rise of an underground society of people who specialize in avoiding debt collectors. They call themselves the 'Judgment Day Survivors'.. Fact: Deficiency judgments are basically a fancy way of saying, 'You still owe us money, even though we took your house.'.
- Headline: Chile's Congress Divided Over Divorce Bill. Impact: The divorce proposal in Chile caused such a rift in Congress that it inspired a new reality show called 'Congressional Breakups'. The drama has captivated audiences for decades and made political arguments a spectator sport.. Fact: Divorce in Congress? Talk about a split that could put any reality TV drama to shame!.
- Headline: Yard Closed on Sunday.. Impact: Closing the yard on Sunday inadvertently set off a chain reaction of parents discovering their children's hobbies. This led to the creation of 'Family Fun Day', which was just an excuse for parents to get out of chores.. Fact: Ah, the good old days when schools took a day off and parents were forced to pretend they liked family activities!.
- Headline: Appreciation of Articles.. Impact: The appreciation of A Krock's articles led to the rise of 'Krockology', an academic field dedicated to deciphering the complex prose of newspaper columnists. This, of course, resulted in a shortage of readers who could actually understand them.. Fact: If you ever wanted a degree in Krockology, good luck finding a university that offers it. They might just hand you a trophy for trying!.
- Headline: NAVY TO ABANDON ITS LAY-UP PLAN; Special Board Is Working Out New Economies to Obviate Wholesale Retirements. FLEET TO KEEP OPERATING Some Officers Will Be Sent to Duty in Reforestation Camps, Officials Say. NAVY TO ABANDON THE ROTATION PLAN. Impact: The Navy's decision to abandon its lay-up plan sparked heated debates about military efficiency and led to a covert competition among fleets to see who could plant the most trees while still being somewhat functional.. Fact: The Navy in reforestation camps? Finally, a chance for sailors to show their green thumbs and not just their sea legs!.
- Headline: ISHII TALK LIMITED TO TRADE BY HULL; But Roosevelt Opens Parleys With Japanese and May Take Up Other Issues Later. LUNCHEON GIVEN MISSION McReynolds Is Named to London Conference -- Johnson Says He Cannot Attend.. Impact: The limited talks by Ishii and Roosevelt would eventually lead to decades of diplomatic back-and-forth, ultimately giving birth to the phrase 'I'll get back to you on that', which has been used in every office since.. Fact: Imagine a world where diplomatic talks were as straightforward as sending a text. 'Hey, let's trade! K, bye!'.
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)