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HEADLINES ON October 11, 1934
Full News Archive
- Headline: Victory for Legion Post in Legal Battle. Impact: The victory in the anti-bonus fight sparked a nationwide movement to reconsider veterans' benefits. Fast forward 50 years, and every politician is mentioning 'supporting our troops' while secretly cutting their benefits. Thanks, Legion Post Victor!. Fact: Did you know that Legion posts often serve as the social hubs for veterans? Because nothing says community like complaining about bonuses together!.
- Headline: Election of Evangelical Bishops in 1934. Impact: The election of two evangelical bishops led to a series of high-profile church scandals decades later. Who knew that divine leadership could be so... human?. Fact: Did you know that bishops are often elected like a popularity contest? The only difference is the only campaign promise is 'holier than thou.'.
- Headline: 20 Anti-Fascists Sentenced in 1934. Impact: The sentencing of these anti-Fascisti was like tossing a stone into a pondβripples of dissent spread across Europe, eventually leading to more organized resistance. Who knew the pen was mightier than the sword?. Fact: Did you know that anti-Fascist movements continue to exist today? Apparently, history does repeat itself, just like bad fashion..
- Headline: MORTGAGEES FIGHT VAN SCHAICK AIDES; Lawyer in Suit Against Title Guarantee and Trust Asserts Records Were Concealed. AIM TO QUASH SUIT SEEN Attorney for Insurance Chief Says Causes of Complaint Have Been Corrected.. Impact: The mortgage dispute made waves in the financial sector, leading to stricter regulations that, ironically, nobody followed. Thanks to this case, future mortgagees would be left scratching their heads in confusion.. Fact: Did you know that mortgage disputes can take longer than some relationships? At least when you break up with a partner, you don't have to worry about their interest rates!.
- Headline: STUDENTS TO 'TRY' HITLER; Harvard Debaters Will Prosecute and Defend Him on Killings.. Impact: Harvard's mock trial of Hitler might have seemed like a joke at the time, but it inadvertently inspired future generations to debate morality, ethics, and whether or not a mustache can really define a man.. Fact: Did you know that this mock trial was a great excuse for students to skip their actual studies? Nothing like a little historical drama to distract from finals!.
- Headline: NAVY WILL INSPECT MORRO CASTLE HULL; Roper Asks Technical Advice on Whether Wreck Would Be Worth Salvaging.. Impact: The inspection of the Morro Castle hull led to a revolution in maritime safety regulations, as everyone suddenly realized that ships shouldn't sink like rocks. Who would have thought?. Fact: Did you know that the Morro Castle is still a ghost story favorite? Apparently, itβs hard to sink a legend!.
- Headline: SAAR GROUPS WARN OF CUP BY NAZIS; 2 Organizations Tell League Germans Plan to Seize Area Just After Plebiscite. NEUTRAL POLICE SOUGHT League Gives Details of Means of Rapid Communication It Has for Emergencies.. Impact: The warning from Saar groups about Nazi plans just fueled the fire of paranoia, eventually leading to a series of diplomatic missteps that would make even the best spy novels look tame.. Fact: Did you know that the Saar region is like that awkward middle child in Europe? Always stuck between 'big brother' Germany and 'overprotective' France!.
- Headline: FEDERAL CHARTERS FOR BUSINESS URGED; Banking Group Suggests Law to Cover Investment Trusts and Holding Companies. INQUIRY FINDINGS CITED Committee Attacks Interlocking Boards as 'Usurping' Wealth Stream of Nation. FEDERAL CHARTERS FOR BUSINESS URGED. Impact: The push for federal charters for business was like throwing a match into a powder keg, leading to the eventual creation of laws that would regulate corporate greed... sort of. Itβs complicated.. Fact: Did you know that 'interlocking boards' sounds suspiciously like a corporate version of 'The Hunger Games'? May the odds ever be in your favor!.
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)