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 September 7, 1935
Full News Archive
- Headline: Chancellor Chardon Barred from Reconstruction Role. Impact: The inability to lend Chancellor Chardon to the reconstruction project led to a series of awkward administrative meetings for decades, where future university boards spent more time arguing about whoβs the real boss than actually helping Puerto Rico. Talk about a time warp!. Fact: Did you know that this university board later became famous for holding the longest record for the most unproductive meetings? Someone should really get them a trophy..
- Headline: Court Upholds Yacht Club Ousting. Impact: The court's ruling on the yacht club ousting led to the eventual rise of a secret society of disgruntled yacht owners who plotted to reclaim their lost prestige. Rumor has it they still meet annually to discuss their grand plans over overpriced cocktails.. Fact: Fun fact: The Morris Yacht Club's ousting became a classic cautionary tale in yacht circlesβ'Don't let the judge take your boat!'.
- Headline: Historic Seat Sale on Exchange. Impact: This $120,000 seat sale not only sparked a frenzy in the financial world but also led to a time where people started evaluating their worth based on how much they could spend on a seat. Spoiler alert: it didnβt end well for society's self-esteem.. Fact: Did you know that for just $120,000 in todayβs money, you could have purchased an actual yacht? Just saying..
- Headline: McCARTER FIRST TO FILE.; Asks Power Commission's Permit to Serve Four Companies.. Impact: McCarterβs decision to file with the Power Commission sparked a chain reaction that resulted in utility companies being run by people who thought they could moonlight as power experts. This led to several amusing 'what not to do' manuals in the industry.. Fact: Did you know that this was the first time someone tried to serve four companies at once? Talk about multitasking gone wrong!.
- Headline: Downed Wires Kill Two.. Impact: The tragic deaths of the Thompsons by downed wires led to stricter safety regulationsβthough Iβm sure the wires had their own conspiracy about not wanting to be grounded.. Fact: Did you know that this event prompted the creation of a whole new genre of safety training videos? Theyβre still cringe-worthy to this day..
- Headline: SALICA SIGNS FOR ESCOBAR.; To Defend Bantamweight Title in Garden Ring on Nov. 15.. Impact: Salicaβs signing for a boxing match ignited a wave of interest in bantamweight boxing, leading to a surge in tiny boxing gloves being sold worldwide. It also inspired a generation of little fighters to dream big, even if they weighed less than a sack of potatoes.. Fact: Did you know that the bantamweight division is often overlooked? It's the 'little engine that could' of the boxing world!.
- Headline: MARY E. ELLICOTT A GLEN RIDGE BRIDE; Wed to George H. Dougherty at Christ Church by Father of Bridegroom.. Impact: Mary E. Ellicott's wedding to George H. Dougherty was the catalyst for a wave of extravagant weddings, resulting in the rise of wedding planners who thought they were the new event gods. Spoiler alert: they weren't.. Fact: Did you know that the only time George H. Dougherty was ever mentioned in history again was on their wedding anniversary? The romance is real!.
- Headline: ART PRIZES IN BERKSHIRES.; Crowninshield Awards Made at Show in Stockbridge.. Impact: The Crowninshield Awards in the Berkshires gave local artists a taste of fame, causing a widespread art craze that led to more questionable sculptures popping up in parks. Art critics began to question if they were missing the pointβor just missing their glasses.. Fact: Did you know that one of the prize-winning artworks was a giant banana? It was a-peeling!.
- Headline: DEPRECIATION AND EXPORTS.. Impact: The discussion on depreciation and exports led to economists inventing the phrase 'currency gymnastics,' which is what they call it when they try to make sense of the mess. It's a real crowd-pleaser at parties.. Fact: Did you know that economists often use 'depreciation' as a euphemism for 'oops, we messed up'?.
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)