JULY 27, 1935

Full News Archive

• Headline: Avery's Strategic Stock Move. Impact: Avery's decision to exercise his option led to a chain reaction where investors began to doubt their stock choices, ultimately resulting in a minor global financial panic and the invention of the phrase 'buy low, sell high'—a concept that would be utterly ignored for decades.. Fact: Did you know that Montgomery Ward was once among the largest retailers in the U.S.? Now, it’s just a footnote in the history of bad investment decisions..
• Headline: Senate Passes Banking Act of 1935. Impact: The Senate passing the bank bill without changes sparked a revolution in apathy among politicians, leading to the widespread belief that laws could be passed without any care for public opinion—cue the next century of political drama.. Fact: Did you know that if you stacked all the bank bills passed in history, they would reach the moon? Oh wait, that's just the amount of paperwork involved in passing them..
• Headline: BERLIN IS NERVOUS AS ANOTHER PURGE IS BELIEVED NEAR; It Is Rumored That Local Nazi Leaders Blackmailed Jewish Firms and Will Be Punished.. Impact: Berlin's nervousness during the purge led to a heightened sense of paranoia that rippled through Nazi leadership, resulting in increasingly bizarre fashion choices—after all, you can only wear so many uniforms before it gets boring.. Fact: Did you know that the term 'purge' in this context has nothing to do with the movies? It’s actually a grim reminder of history’s darker moments, and no, it doesn’t involve popcorn..
• Headline: LOAN IS ARRANGED FOR BANK OF U.S.; Depositors to Get Proceeds of $3,100,000 Mortgage on Apartment Building.. Impact: The arrangement of a loan for the Bank of the U.S. caused a ripple effect of trust issues in the banking sector, eventually leading to the creation of a board game that simulated the thrill of going bankrupt.. Fact: Did you know that $3.1 million in 1935 is roughly equivalent to a small fortune today? Or just enough to buy a really nice yacht that you can't afford to maintain..
• Headline: Governor Laffoon Operated On.. Impact: Governor Laffoon's operation became a catalyst for the modern healthcare debates, as people suddenly started questioning whether state leaders should be getting medical attention at all—or just good PR.. Fact: Did you know that 'Laffoon' is an actual last name? And yet, he’s not the punchline of a bad joke, but that’s only because history forgot most of his punchlines..
• Headline: Fisher Asks Tax Adjustment.. Impact: Fisher's request for a tax adjustment led to a nationwide movement of people trying to game the tax system, which eventually resulted in the invention of loopholes—a gift that keeps on giving.. Fact: Did you know that tax adjustments are like diet plans? Everyone talks about them, but hardly anyone follows through..
• Headline: VETERANS RECOVER FROM 'POISONING'; Washington Sends Experts to Northport, L.I., Hospital to Study Baffling Outbreak.. Impact: The veterans recovering from poisoning spurred a national conversation about healthcare for veterans that would bubble up in the decades to come, leading to protests and demands for better care—because, you know, they fought for us.. Fact: Did you know that the term 'baffling outbreak' is a euphemism for 'we have no idea what's going on'? It’s a favorite among medical experts..