Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON December 20, 1934
Full News Archive
- Headline: Paul Robeson Visits Russia. Impact: Robeson's visit to Russia kickstarted a series of cultural exchanges. Fast forward to today, and now every hipster thinks they can speak Russian after a semester of Duolingo.. Fact: Did you know Robeson was also an accomplished singer? Because who doesn't want to hear deep political issues sung in a baritone?.
- Headline: Glen Cove Estate Fire Devastates Prize Cattle. Impact: The loss of prize cattle in the Mackay fire led to the creation of the first-ever 'Cattle Fire Safety Awareness Month.' Spoiler: It didn't catch on.. Fact: Fun fact: The only thing more flammable than prize cattle is probably an entire estate in high winds..
- Headline: Soviet School Exhibit Here.. Impact: The Soviet school exhibit was the start of many awkward conversations about cultural differences. It also sparked a deep-seated fear of math homework.. Fact: The only thing more confusing than Soviet education is trying to explain the metrics of their educational success to a room full of Americans..
- Headline: ESTONIA ALSO DEFAULTS.; Last of Foreign Debtors to Notify Washington of 'Deep Regret.'. Impact: Estonia's default led to a chain reaction of financial mismanagement that eventually inspired a popular board game called 'Economy: The Real Struggle.'. Fact: You know you're in trouble when your default notification gets more sympathy than your actual economy..
- Headline: Liquor Board Ends 21 Permits.. Impact: The liquor board's decision to revoke permits led to an underground movement where people started brewing their own 'artisanal' moonshine. Because, of course.. Fact: Nothing says 'I love freedom' like a basement full of questionable alcohol and bad decisions..
- Headline: MAYOR MAPS SITUATION; President Backs Fight Made by the City on Utility Rates. $15,000,000 WORKS IS AIM Ickes, for PWA, Is for Federal Sharing of Cost if Sound Plans Are Submitted. LA GUARDIA SPEEDS PLANS Washington Has Withheld Payment of Its Bills Here Since July, Pending Survey. POWER PLANT AID PROMISED MAYOR. Impact: Mayor La Guardia's utility rate fight sparked a city-wide obsession with energy efficiency that eventually led to the invention of solar-powered everything.. Fact: La Guardia could charm a power plant into lowering its rates. Imagine what he could do with a cupcake..
- Headline: RFC SELLS 27 ISSUES AT $149,233 PREMIUM; Rail, State and Local Securities Valued at $18,323,800 Bring $18,473,033.. Impact: The RFC's premium sale made financial markets realize that everyone loves a good discount - leading to Black Friday as we know it today. Thanks a lot, RFC.. Fact: The only thing more inflated than the price of securities is the egos of those who think they understand them..
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)