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 February 23, 1936
Full News Archive
- Headline: Education Chiefs Urge Funding Increase. Impact: By pushing for that $300 million aid bill, education chiefs inadvertently sparked a series of bureaucratic nightmares, leading to the creation of the phrase 'educational funding crisis'βwhich would echo through history, leaving countless students wondering why their textbooks were published in the 90s.. Fact: Did you know that every time someone mentions 'education reform,' a teacher's hairline recedes just a little more?.
- Headline: Youth's Captain: Ralph Waldo Emerson. Impact: Hildegarde Hawthorne's biography of Emerson might have inspired an entire generation of hipsters to don turtlenecks and read poetry in coffee shops, forever changing the landscape of pretentious literary gatherings.. Fact: Fun fact: Emerson once said, 'To be yourself in a world that is constantly trying to make you something else is the greatest accomplishment.' But wearing a beret while sipping artisanal coffee? That's a close second..
- Headline: Exploring Eastern Influence on Western Design. Impact: The Oriental decorative art exhibition sparked a wild obsession with 'exotic' home decor, leading to a global phenomenon of mismatched furniture and the rise of the phrase 'bohemian chic'βa euphemism for 'I just threw together whatever I found at the thrift store.'. Fact: Did you know that the phrase 'inspired by the East' is often code for 'we bought a cheap knock-off from a flea market'?.
- Headline: BIMBO AND HIS JACKET. Story by Kay Hunter. Illustrations by John Gincano. New York: Samuel Gabriel Sons & Co. $1.. Impact: Bimbo and His Jacket may seem like an innocent children's story, but it set off a chain reaction that ultimately led to the rise of questionable fashion choices in toddlers everywhereβbecause if a jacket can have a personality, why can't a tutu?. Fact: Did you know that 'Bimbo' was actually a popular name for pets before it became a topic of debate in fashion circles? Now itβs a cautionary tale..
- Headline: BROKERS ASK TO REGISTER.; SEC Got 173 Applications From Jan. 20 to Feb. 15.. Impact: The SECβs record number of broker registrations was just the beginning of a long, tedious relationship between Wall Street and regulationβthink of it as the world's most boring soap opera, where every episode ends with 'to be continued... in court.'. Fact: Did you know that registering as a broker is a bit like getting a library card? Except in this case, if you lose it, you can lose a million dollars instead of just your right to borrow a book..
- Headline: MUNICIPAL LOANS.. Impact: The municipal loans issued during this period marked the onset of local governments discovering that they could borrow money to pay off existing debtsβessentially the financial equivalent of using a credit card to pay off another credit card. Spoiler: it didn't end well.. Fact: Did you know that municipal loans are like the adult version of borrowing your friend's lunch money? Except with more paperwork and a lot less honesty..
- Headline: HENRY ROOSEVELT IS DEAD IN CAPITAL; Assistant Secretary of the Navy a Distant Cousin of the President. WAS COLONEL OF MARINES Served in War With Spain -- Had Acted for Swanson During Superior's Illness. HENRY ROOSEVELT IS DEAD IN CAPITAL. Impact: Henry Roosevelt's death sent shockwaves through political circles, leading to a brief moment of reflection on the interconnectedness of political familiesβuntil it was overshadowed by a scandal involving someone else's cousin three weeks later.. Fact: Did you know that being related to a president doesnβt automatically grant you political wisdom? Just look at the family reunion drama that ensues..
- Headline: LANDIS SEES RETURN OF STOCK GAMBLING; Chairman of SEC Says Law Is Futile as a Check on Speculation in Market. RECENT ACTIVITY IS CITED Customers' Men Incite Public to Plunge, He Tells Meeting of Princeton Alumni. LANDIS SEES RETURN OF STOCK GAMBLING. Impact: Landis's proclamation about stock gambling being on the rise was like ringing the dinner bell for market speculators, leading to a decades-long game of financial chicken that would eventually see more crashes than a demolition derby.. Fact: Did you know that stock gambling is just a fancy way of saying 'I like to make money disappear in front of my very eyes'? It's like magic, but with more spreadsheets..
- Headline: BOYS ESCAPE FLOE AS AID IS RUSHED; Leap to Shore in Hempstead Harbor as Rescuers by Sea, Land and Air Draw Near.. Impact: The boys' daring escape from the ice floe became a local legend, inspiring future generations to take risksβlike leaping into questionable adventures or believing they could outrun their responsibilities, all while ignoring the concept of safety.. Fact: Did you know that jumping off an ice floe is just one of many questionable life choices that lead to great stories? It's right up there with 'I thought I could eat all that pizza by myself.'.
- Headline: A Tale of Jealousy; CHRISTINA. By Claude Houghton. 300 pp. Garden City, N.Y., Doubleday, Doran & Co. $2.50.. Impact: Claude Houghtonβs 'Christina' would later influence countless melodramatic novels, proving that jealousy and heartbreak are the bread and butter of literatureβbecause who needs a happy ending when you can have angsty characters instead?. Fact: Did you know that jealousy in literature is often just a clever plot device to distract readers from the fact that the characters have no real personality?.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1936, it would be worth $205,272 today (205.3x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1936, it would be worth $3,433,942 today (3433.9x return)