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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON July 18, 1935
Full News Archive
- Headline: Duquesne Light Secures Major Loan. Impact: This $70 million loan led to Duquesne Light's eventual expansion, which directly influenced the rise of energy companies that would later argue over the rights to solar energy. If only they knew how many arguments about climate change would stem from this one financial decision!. Fact: In today's money, that $70 million would be roughly equivalent to... well, still a lot of money. But hey, we all know how well 'light' companies handle finances!.
- Headline: Tropical Dress Debate in Congress. Impact: The sight of tropical dress in Congress led to the creation of 'casual Friday', which is now a global phenomenon. Who knew fashion choices could lead to more people wearing flip-flops in offices everywhere?. Fact: Tropical dress was initially intended for serious discussions about climate policy. Spoiler: It didnβt work..
- Headline: Massive Fraud Scheme Exposed in 1935. Impact: The $9 million fraud scandal created a ripple effect that led to stricter financial regulations. But really, it just taught future fraudsters to get a better lawyer.. Fact: If every dollar lost in this fraud had been saved, at least three puppies could have been adopted instead..
- Headline: PINCUS GETS HEALTH POST; Named Deputy in the Sanitary Bureau at $7,000.. Impact: Pincus's appointment to the Sanitary Bureau inadvertently led to a nationwide obsession with food safety, which ultimately resulted in people freaking out over kale. Thanks a lot, Pincus!. Fact: Pincus once tried to make a salad but accidentally created a food safety regulation instead. True story!.
- Headline: Wells's Second Wife Loses Suit.. Impact: Wellsβs second wife's legal battle showed just how complicated relationships can get. This meant that future generations would have a field day with their own relationship dramas, inspired by court cases rather than soap operas.. Fact: The legal system is the only place where drama can be served with a side of paperwork..
- Headline: AAA PACKERS' TAX IS VOIDED BY COURT; Federal District Judge Rules That Delegation of Power Is Unconstitutional.. Impact: The court's ruling against the tax paved the way for future corporations to dodge taxes like Olympic athletes dodging responsibilities. Thanks to this, tax loopholes became a national sport.. Fact: F.G. Vogt & Sons Inc. probably filed more complaints than taxes after this ruling. Talk about a productive day!.
- Headline: School Status Unchanged.. Impact: The unchanged status of the school on the probationary list ensured that it would remain the subject of gossip for years to come, leading to an entire generation of lawyers who had to deal with the reputation of 'that school.'. Fact: Being on probation is just like being in high school: everyone knows about it, but nobody really cares until final exams!.
- Headline: ARMY WILL SURVEY STATE FLOOD AREA; Frank C. Walker Assures Governor Lehman of Immediate Action by Engineers.. Impact: The army's survey of the flood area led to better disaster response protocols, which, in turn, made military engineers the unsung heroes of public safetyβuntil they realized it didn't come with a pay raise.. Fact: They say the army is always prepared, but it took a few floods for them to realize they might need more than just a survey!.
- Headline: STRIKING CADDIES WIN POINTS BUT STAY OUT; Dyker Beach Park Boys Refuse to Work for Less Than $1 for 18 Holes.. Impact: The striking caddiesβ demand for fair wages sparked a broader conversation about labor rights in the leisure industry, leading to the phrase, 'You get what you pay for' being taken way too seriously.. Fact: Caddies are basically the unsung heroes of golf; without them, who would remind golfers that playing 18 holes doesnβt justify a $1 tip?.
Wall Street Time Machine
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1935, it would be worth $147,887 today (147.9x return)
IBM
IBM
IBM - If you invested $1,000 in 1935, it would be worth $205,272 today (205.3x return)