Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON October 23, 1934
Full News Archive
- Headline: City College Suspends Additional Faculty. Impact: City College's suspensions led to a secret underground society of students who secretly met in the library, forming a cult around the idea that knowledge should be free. Spoiler: it didnβt end well for their GPA.. Fact: Did you know that suspending students can sometimes boost their rebellious spirit? Who knew a little time away could spark a revolution?.
- Headline: Hollywood's Campaign Against Sinclair. Impact: The Hollywood stars' involvement in politics led to the rise of celebrity endorsements, which eventually resulted in reality TV stars running for president. Thanks for that, actors.. Fact: Did you know that if you put a celebrity's face on a campaign poster, it increases the chances of winning by approximately 100%? Just ask the Kardashians..
- Headline: Westchester Savings Reported.. Impact: The disagreement over government costs resulted in a series of intense debates that ultimately led to the invention of spreadsheets. Yes, folks, the future of accounting was born out of bickering.. Fact: Did you know that debates over government spending often lead to more confusion than clarity? Itβs like trying to solve a Rubik's Cube blindfolded..
- Headline: MYRIADS OF FISH CAUGHT IN BRONX; Water Supply Waltons Swap Rods for Wrenches in New Mass-Production Sport.. Impact: The Bronx fish-catching frenzy inspired a new sport where people open hydrants to catch fish, leading to an unexpected rise in urban fishing tournaments. Who knew hydrants could be such a hit?. Fact: Did you know that fishing in urban areas is often more about catching the experience than the fish? Plus, you get to avoid actual work!.
- Headline: MILK SCIENTIST HONORED.; Plaque to Dr. S.M. Babcock Presented to Wisconsin University.. Impact: Dr. Babcock's honor eventually led to the creation of a national 'Milk Day', which is now celebrated in a world where people take selfies with cows in honor of dairy sciences. Moo-ving forward!. Fact: Did you know that Dr. Babcock's work laid the foundation for modern dairy science? Itβs like being the rockstar of the milk world..
- Headline: PEEK ASKS BANKERS TO AID TRADE BANK; Tells Them Cooperation Would Help Efforts to Swell Foreign Trade. WOULD EXCHANGE IDEAS Suggests American Association Appoint a Committee to Work With Administration.. Impact: Peek's request for banker cooperation led to an increase in trade, which eventually resulted in the globalization of snack foods. Yes, thatβs how we ended up with sushi burritos.. Fact: Did you know that bankers are basically the gatekeepers of snack food globalization? Next time you eat a taco-bowl, remember who to thank..
- Headline: MOSES ADVOCATES SALES TAX OF 2%; He Comes Out at Binghamton for Levy to Meet Deficit for Present Fiscal Year.. Impact: Moses advocating for a sales tax sparked a trend of tax debates that continues to this day. Who knew tax discussions could be so riveting?. Fact: Did you know that sales tax is one of the few taxes that people actively try to avoid? Itβs like playing dodgeball with your wallet..
- Headline: Colonel Breckinridge's Logic.. Impact: Colonel Breckinridgeβs logic about the elastic dollar led to economists becoming the most sought-after guests at partiesβmainly for their ability to make money stretch like itβs on a diet.. Fact: Did you know that 'elastic dollar' is a fancy way to say money can lose its value faster than you can say βinflationβ? Welcome to economics!.
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)