Breakthroughs and everyday innovations from the year.
HEADLINES ON January 10, 1934
Full News Archive
- Headline: Jersey Tax Official's Wife Arrested. Impact: This scandal kicked off a series of increasingly bizarre embezzlement cases across the U.S., leading to the creation of a reality TV show called 'Husbands & Wives: The Embezzlement Edition' decades later. Who knew financial crime could be so entertaining?. Fact: Did you know that embezzlement is just a fancy word for 'I thought the money was mine'?.
- Headline: Governor Johnson Denies Psychiatrist's Request. Impact: This refusal set off a chain reaction of governors ignoring psychiatrists, ultimately leading to the rise of an underground network of mental health advocates who wore capes and called themselves 'The Mind Avengers'.. Fact: Did you know that being a governor is just like being a parent? Sometimes you have to say no to things you don't even understand..
- Headline: Increases Steel Ingot Output.. Impact: This increase in steel output led to the construction of a multitude of unnecessary statues, resulting in a worldwide epidemic of people staring at bland monuments, which historians later dubbed 'The Great Statue Stare-Off'.. Fact: Did you know that steel was once considered a revolutionary material? Now it's just the stuff that makes IKEA furniture fall apart..
- Headline: Court Cuts Red Tape To End 13-Year Suit. Impact: The resolution of this 13-year lawsuit inspired countless architects to start using contracts written in crayon, leading to the nationwide trend of βcreative legal interpretationsβ which are now the norm.. Fact: Did you know that the most expensive legal fees can often be found in the fine print of a pizza delivery agreement?.
- Headline: Austin -- Ranney.. Impact: The marriage of Austin and Ranney led to a new trend in celebrity couple names, forever changing how we perceive romantic unions. Now every relationship needs a catchy name or it just doesn't count.. Fact: Did you know that marriage is just a fancy way of saying βI promise to annoy you for the rest of your lifeβ?.
- Headline: TO BUY MARMON PLANT.; Company Is Formed in Indiana to Resume Car Manufacture.. Impact: The resurrection of the Marmon car plant inspired a wave of retro car designs, leading to the unfortunate revival of the 'boxy' car era, which we still can't seem to shake off.. Fact: Did you know that every car manufacturer thinks they can reinvent the wheel, but it usually just ends up looking like a round brick?.
Wall Street Time Machine
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1934, it would be worth $147,887 today (147.9x return)
IBM
IBM
IBM - If you invested $1,000 in 1934, it would be worth $205,272 today (205.3x return)