Breakthroughs and everyday innovations from the year.
HEADLINES ON October 19, 1933
Full News Archive
- Headline: Dr. Krupp Advocates for Industry Control. Impact: Dr. Krupp's grand plan to control industry led to the rise of bureaucratic overlords who would later baffle generations with red tape and endless forms. Thanks, Dr. Krupp, for giving us the joys of paperwork!. Fact: Dr. Krupp was actually a descendant of the famous Krupp family known for their steel production. Because nothing screams 'fun' like a family tree filled with industrial tycoons!.
- Headline: LaGuardia Commits to Humanizing Relief Efforts. Impact: LaGuardia's noble intentions to humanize city relief work sparked an epic saga of politicians promising change while doing the cha-cha on the dance floor of bureaucracy. Spoiler alert: the cha-cha won.. Fact: LaGuardia was known for his larger-than-life personality and famously read the comics to children over the radio, proving that sometimes politicians are just big kids in suits..
- Headline: Goodyear Faces Clayton Act Charges. Impact: Goodyear's price discrimination case was the beginning of a slippery slope that would lead to the eternal struggle between consumers and corporations. This battle continues even today, with consumers armed with nothing but hashtags.. Fact: The Clayton Act was a big deal, but it didn't stop people from finding creative ways to pay more for less. Welcome to the world of capitalism!.
- Headline: Dutch Loan Oversubscribed.. Impact: The oversubscribed Dutch loan became a cautionary tale, warning future investors that sometimes, just sometimes, a little enthusiasm can lead to overcommitment and regret. Just like that time you bought too many avocados.. Fact: Oversubscribing is basically the financial version of saying, 'I have too many friends' at a party. Spoiler: you don't..
- Headline: AIDS HARBOR WORK HERE.; Dern Approves Allotments on Local Contracts.. Impact: The approval of local contracts at East Rockaway Inlet became a pivotal moment for infrastructure, leading to the construction of projects that would eventually be named after local politicians. Because who doesn’t want a bridge named after them?. Fact: AIDS Harbor is not a place for a vacation. It's a reminder of how local government contracts can be as exciting as watching paint dry..
- Headline: WILSON CRITICIZED BY LLOYD GEORGE; In Second Volume of Memoirs, Briton Charges 'Timidity' in Not Entering War in 1916.. Impact: Lloyd George's criticism of Wilson over war decisions created ripples that influenced diplomatic relations for decades. The blame game was officially on, leaving historians to endlessly debate 'what if?' scenarios.. Fact: Lloyd George was known for his sharp tongue, but perhaps he should have just stuck to writing memoirs instead of playing the blame game. It’s less messy..
- Headline: HOSPITAL HERE AIDED BY N. L. M'CREADY WILL; Presbyterian Institution Gets Residue as Memorial Fund for Cardiac Treatment.. Impact: The generous will of N.L. McCready sparked a trend of wealthy individuals posthumously helping others, leading to the creation of numerous memorial funds. Nothing says 'I care' quite like donating after you're six feet under.. Fact: Presbyterian institutions have a history of being quite generous, but the true irony is that it takes a will to make that happen. Not the most spontaneous of gestures!.
- Headline: General Recovery in Berlin.. Impact: Berlin's recovery was like a phoenix rising from the ashes, proving that even in the darkest times, the city could bounce back. Too bad this recovery theme would repeat itself like a bad sitcom.. Fact: Berlin's recovery period was so robust that it could give motivational speakers a run for their money. Just add some catchy slogans and you've got a bestseller!.
- Headline: Colorado Auto Tax Invalid.. Impact: The Colorado auto tax being declared unconstitutional opened the floodgates for tax debates for generations. Politicians were left scrambling, and taxpayers rejoiced — until the next tax came around, of course.. Fact: The ruling was like a game of legal hot potato: nobody wanted to hold onto that tax for too long. Thank goodness for the courts, right?.
- Headline: REICHSTAG TUNNEL IS SHOWN TO PRESS; Court Inspects Passage From Goering's House to Prove It 'Has Nothing to Hide' on Fire. o. Impact: The inspection of the Reichstag tunnel became a symbol of transparency, or a lack thereof, as citizens questioned what their leaders were really hiding. Spoiler: it wasn’t just their secrets.. Fact: Goering's tunnel inspection was less about accountability and more about making sure nobody was sneaking in for a surprise party. Because who doesn't love a good party, especially in a time of turmoil?.
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)