MARCH 3, 1935

Full News Archive

• Headline: Old-Age Pensions and Their Impact. Impact: The focus on old-age pensions led to an unexpected boom in the retirement industry, which ultimately resulted in the invention of the cruise ship. Yes, all those old folks on the high seas were initially just trying to avoid the grim reality of their pension checks.. Fact: Did you know that the first pensions were actually intended to be a reward for loyal service? Now they're more like a consolation prize for surviving your job!.
• Headline: Kelly Springfield Reorganization Approved. Impact: The reorganization of the tire company sparked a financial revolution, leading to the modern-day obsession with startups. Who would have guessed that tires could roll into the world of tech innovation?. Fact: Did you know that if tires had feelings, they’d probably be more stressed out than most office workers? They're always being taken for a spin!.
• Headline: A Famous Murder; DOCTOR MOON. By Catherine Meadows. 313 pp. New York: G.P. Putnam's Sons. $2.50.. Impact: The murder of Doctor Moon sent shockwaves through the medical community, leading to a surge in detective novels. You could say it was the 'beginning' of a genre — but it was definitely not the 'end' for Dr. Moon.. Fact: Murder mysteries have been a popular genre since time immemorial. So if you think about it, Doctor Moon's death was just the universe's way of keeping writers employed!.
• Headline: 629, 626 LOANS IN 1934 BY PROVIDENT SOCIETY; Number Largest in Forty Years of Operation -- $28,648,223 Total Is Under That of 1930.. Impact: The massive loans by Provident Society foreshadowed the future of credit, ultimately leading society to the current state of perpetual debt. Congratulations, you can thank 1934 for your credit card bill!. Fact: Did you know that in 1934, people still had to explain what 'credit' meant? Today, it’s just a fancy way of saying, 'You're broke but you can borrow money!'.
• Headline: YALE MERMEN GAIN 11TH TITLE IN ROW; Win 138th Consecutive Meet, Routing Navy, 51-20, in I.S.A. Encounter. YALE MERMEN GAIN l1TH TITLE IN ROW. Impact: Yale's 11th consecutive title inadvertently inspired a generation of overachievers, creating a pressure cooker environment in education. Now kids believe they must win every contest just to be 'average.'. Fact: Fun fact: Yale's swim team has more titles than most people have trophies in their entire lives. But hey, at least they can swim away from their problems!.
• Headline: DEBITS DECREASE AT MEMBER BANKS; Federal Board Reports Drop of 13 Per Cent for Week Ended Feb. 27. TOTAL IS $6,634,000,000 Department of Commerce Assembles Industrial, Commercial and Financial Statistics.. Impact: The decrease in debits at member banks was like the calm before the storm, foreshadowing the eventual banking crisis. Thanks for the heads-up, 1934!. Fact: Fun fact: If banks could talk, they'd probably say, 'We’re not just here to take your money; we’re also here to confuse you!'.
• Headline: INDUSTRY ATTACKS WAGE PROVISIONS; Bitter Battle Over Many Types of Differentials in Codes Expected to Develop. NORTH AND SOUTH DIVIDED Congress to Get Many Protests When the Future of NIRA Comes Up for Hearing.. Impact: The battle over wage provisions set off a domino effect, leading to today's endless debates about minimum wage. Thank you, 1934, for our current state of wage confusion.. Fact: Did you know that wage debates have been going on longer than most relationships? At least one side always feels underappreciated!.
• Headline: NATIONAL LIBRARY HAS ANNEX IN VERSAILLES; New Building Will House Tons of Newspapers and Periodicals Rarely Used in Paris.. Impact: The new annex in Versailles became a treasure trove of information, ultimately inspiring countless conspiracy theories about hidden knowledge. Who knew that dusty old newspapers could shape future generations?. Fact: Fun fact: The French National Library has so many books, they could probably drown you in knowledge. Just be careful; the librarian has a mean stare!.