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 4, 1937
Full News Archive
- Headline: Rev. J. J. Fitzgerald Passes Away. Impact: Rev. Fitzgerald's passing left a void that sparked a rush of new church leaders. This, of course, directly led to the rise of the 'Mega-Church' phenomenon in the late 20th century. Thank you, Rev. Fitzgerald, for paving the way for televised sermons.. Fact: Fitzgerald was ordained in 1896, which means heβs been providing spiritual guidance longer than most of us have been using smartphones!.
- Headline: RELIEF OVERDRAFT IS VOTED IN SENATE; $789,000,000 Deficiency Made Up Despite Fight by Bailey to Set Up Local Controls NATIONAL SOCIALISM' SEEN House Curb on Use of Executive Employes in Inquiries by Congress Stricken Out House Provision Changed $9,500,000,000 for Relief RELIEF OVERDRAFT IS VOTED IN SENATE Principle of 'Scheme' Blamed. Impact: The Senate's relief bill set a precedent for government overspending that would eventually lead to a national pastime: complaining about taxes. Thanks for the foundation, guys!. Fact: This $789 million relief overdraft is basically the 1930s version of 'just put it on my credit card.'.
- Headline: Delaware & Hudson Reported to Have Sold A Third of Its 10% Interest in N. Y. Central. Impact: The sale of Delaware & Hudson's interest in N.Y. Central sparked a chain reaction of corporate mergers and acquisitions, ultimately leading to the modern-day corporate labyrinth where no one really knows who owns what.. Fact: Fun fact: Selling off a third of your interest sounds a lot more like a bad breakup than a savvy business move. 'It's not you, it's me... and my financial strategy.'.
- Headline: SERVICES FOR DR. PRINCE; Gov. Earle Among the Notables at Churchman's Funeral. Impact: Dr. Prince's death brought together notable figures, and it was basically a networking event for the elite. Who knew funerals could double as social mixers?. Fact: When you attend a funeral with notable guests, it's less about mourning and more about who can get the best gossip for the next socialite soirΓ©e..
- Headline: HARRY A. LACKEY. Impact: Harry A. Lackey's name will forever be etched in history as the 'Guy Who Made Everyone Wonder Why He Was Important.' Spoiler: he wasn't.. Fact: Harry A. Lackey sounds like a character from a sitcom that never got picked up. I can just imagine him trying to explain to his friends why he made the headlines..
- Headline: $7,382,000 GOLD ENGAGED; $4,100,000 Taken In London-Dollar Stronger in Foreign Exchanges. Impact: The gold engagement shifted the financial landscape and made international currency exchanges a thrilling game of 'will they, won't they' for economists everywhere.. Fact: A $7.3 million gold engagement is just a fancy way of saying, 'We have more gold than you can shake a stick at!'.
- Headline: Flood Work May Aid Convicts. Impact: The flood work initiative turned out to be a humanitarian effort that made convicts feel like they were contributing to society, leading to the 'Prisoners for Progress' movement decades later. Who knew?. Fact: Convicts helping with flood work is like a bad reality show pitch: 'Survivor: Jail Edition.'.
- Headline: HOUSE GROUP REJECTS AUTO STRIKE INQUIRY; Committee Files Unfavorable Report on Plan to Ask Data From Miss Perkins. Impact: The rejection of the auto strike inquiry proved that Congress could effectively ignore labor issues, which eventually led to a string of labor protests and, dare I say it, the rise of union memes.. Fact: The House Labor Committee rejecting the inquiry basically said, 'We see your concerns, and we choose to ignore them. Thanks for playing!'.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1937, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1937, it would be worth $586,657 today (586.7x return)