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 March 31, 1937
Full News Archive
- Headline: Revival of Federal Minimum Wage Legislation. Impact: If only the President had just made everyone rich right off the bat, we might have avoided decades of economic debates and the subsequent rise of reality TV stars as 'financial experts.'. Fact: The minimum wage law was actually debated so much that it may as well have been a reality show. 'Survivor: Wage Edition' could have been a hit!.
- Headline: Mayor to Attend Front Page Ball. Impact: The mayor attending this ball may or may not have sparked a trend that led to future politicians thinking they could dance their way out of scandals. Spoiler alert: They can't.. Fact: This was probably the last time anyone cared about what a mayor wore to a ball. Now, it's all about what they say in front of a camera..
- Headline: Wood Declines U.S. Davis Cup Invitation. Impact: Wood’s decline probably set off a chain reaction, leading to a massive increase in couch-potato athletes claiming they would have made it too, if only they had been invited.. Fact: Declining invitations to join a sports team is basically just a fancy way of saying 'I prefer sitting on my couch and eating nachos.'.
- Headline: INFLATION IS CALLED NATION'S CHIEF PERIL; Senator Bailey Hits at Unbalanced Budget-Favors Amendment as Court Move. Impact: Senator Bailey's complaints about inflation may have unintentionally prompted a nationwide obsession with budgeting and coupon-clipping that continues to this day. Thanks, Bailey!. Fact: Criticizing the budget is a time-honored tradition in politics, right up there with dodging actual solutions..
- Headline: L. I. U. OVERPOWERS BRIDGEWATER, 12-4; Blackbirds, Off to Good Start, Win Easily Behind Effective Pitching by Pearlman. Impact: L.I.U.'s overpowering win sent shockwaves through the college sports world, proving that sometimes all you need is a stronger pitcher and a lot of enthusiasm. Or maybe just better snacks.. Fact: The real question we should be asking is: Did the Blackbirds eat pizza before the game? Because that could explain a lot..
- Headline: ROCKEFELLER UNIT READY FOR OPENING; First Tenants Will Move Into 36-Story Midtown Office Skyscraper Tomorrow. Impact: Rockefeller Center's opening may have inadvertently led to the long-standing tradition of skyscrapers being the go-to venue for awkward social interactions and overpriced coffee.. Fact: The Rockefeller Center is basically the 'where are they now' of buildings that once had a purpose but are now just places for tourists to take selfies..
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)