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 June 21, 1936
Full News Archive
- Headline: Talbot Upset in Richmond County Tournament. Impact: If Talbot hadn't been upset by that Brooklyn player, we might have seen a resurgence of clay court champions inspired by his victory, leading to an entirely different tennis fashion era featuring berets and mustaches. Thank you, Brooklyn.. Fact: Did you know that the only thing more unpredictable than clay court tournaments is the weather in Brooklyn? Plan on bringing an umbrella, folks!.
- Headline: Bribery Allegations and Testimonies Unfold. Impact: This $300 bribe was the butterfly flapping its wings that led to an entire generation of shady financial dealings. Who knew a simple loan could alter the trajectory of political corruption forever? Thanks, Kleinman!. Fact: Did you know that $300 in 1930 would be roughly equivalent to about $4,500 today? So basically, Kleinman was just trying to lend a friend some 'serious' cash..
- Headline: Marconi and Aloisi Become Admirals. Impact: Marconi's admiral title was the first step in his covert plan to turn the navy into a giant floating radio station, leading to the world's first 'Navy Idol' competition. Who wouldn't want to see sailors belt out sea shanties?. Fact: Did you know Marconi's real talent was in telegraphy, not naval warfare? So, who thought giving him an Admiral title was a good idea?.
- Headline: Restriction and the Trend to Monopoly; MARKETS AND MEN. By J.W.F. Rowe. 259 pp. New York: The Macmillan Company. $2.50.. Impact: Rowe's book about markets and monopolies sparked a revolution in economic theory, leading to the invention of the phrase 'too big to fail,' which became the marketing slogan for every bank after 2008. Thanks, J.W.F. Rowe!. Fact: Did you know that some people actually read books? Shocking, I know!.
- Headline: GARDEN NOTES AND TOPICS. Impact: The garden club meeting was the genesis of all future neighborhood disputes over fence heights and flower arrangements, with the first 'Garden Wars' igniting a social media frenzy decades later. Can't wait for the hashtags!. Fact: Did you know that garden clubs are basically just the adult version of a playgroup, but with more gossip and fewer snacks?.
- Headline: 17,812 Bills Offered In the 74th Congress. Impact: The sheer volume of bills introduced in Congress likely inspired the phrase 'throwing spaghetti at the wall to see what sticks,' leading to the eventual chaos of modern-day legislation. It's a messy but effective strategy!. Fact: Did you know that if each bill were a piece of spaghetti, we could probably cover a football field? The real question is, would anyone want to eat that?.
- Headline: BANKERS DOUBTFUL OF TRUSTS AS UNITS; Divorce, They Believe, May Function in Large Set-Ups, but Not in Small Houses. CLOSE INTEGRATION CITED Experts, Appraising SEC Report, Stress the Interlocking of Functional Staffs.. Impact: Bankers' doubts about trusts fueled the birth of countless conspiracy theories about secret cabals controlling the economy, leading to an obsession with financial transparency that birthed countless documentaries. Thanks for the paranoia, bankers!. Fact: Did you know that bankers have been known to give out more trust issues than actual trust? It's practically their specialty..
- Headline: SUMMER'S END. By Mary Dallas Street. 249 pp. New York: William Morrow & Co. $2.. Impact: Mary Dallas Street's 'Summer's End' was a poignant reminder that seasons change, and so do fashion trends, leading to the unfortunate resurgence of high-waisted shorts in the 80s. Thanks for that visual nightmare!. Fact: Did you know that 'Summer's End' is often cited as the reason for so many sad beach playlists? You're welcome, emo kids..
- Headline: Psychology for Executives; PSYCHOLOGY OF HUMAN RELATIONS FOR EXECUTIVES. By J.L. Rosenstein. 273 pp. New York: McGraw-Hill Company. $2.50.. Impact: Rosenstein's book on psychology for executives created a wave of overly confident bosses who thought a few tips could substitute for actual leadership skills, forever altering workplace dynamics. Thanks for the office drama!. Fact: Did you know that many executives think they can 'psychologize' their way out of real problems? Spoiler alert: they can't..
- Headline: GRANDMA'S ALBUM QUILT. By Helen Albee Prince. With illustrations by George Eleanor shaw. 128 pp. Portland, Me.: Falmouth Book House. $2.. Impact: Albee Prince's 'Grandma's Album Quilt' sparked a quilt revolution that made cozy textiles the hottest accessory, leading to a strange era where hipsters fought over vintage fabrics in thrift shops. Just imagine the chaos!. Fact: Did you know that quilting was once seen as a boring pastime? Now it's the hipsterβs secret badge of honor!.
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)