JULY 1, 1937

Full News Archive

• Headline: Colombia's Import Surge from the U.S.. Impact: When Colombia decided to import 51% more from the U.S., it inadvertently sparked a fierce debate over avocado toast prices in L.A. decades later. Who knew imports could lead to brunch inflation?. Fact: It's funny how trade pacts can lead to more than just economic growth—like a nationwide obsession with overpriced guacamole..
• Headline: Briton Achieves Record Altitude in 1937. Impact: Lt. M.J. Adam's altitude record inspired generations of thrill-seekers, leading to the invention of extreme sports and the inevitable rise of overpriced energy drinks. Thanks for that, Lt. Adam!. Fact: Fun fact: Adam's ascent was so high that birds started taking notes on flight etiquette. Who knew altitude had such social implications?.
• Headline: Gold Standard Debate Faces Setback. Impact: The gold policy snag caused a domino effect, delaying the creation of a gold-backed cryptocurrency, which would have made Bitcoin enthusiasts a lot less insufferable. Thanks, France!. Fact: Did you know gold was once considered a 'safe' investment? Now, it's just shiny rocks that make jewelry stores rich..
• Headline: STEEL TRUCE IN INDIANA, MILLS WILL REOPEN TODAY; TROOPS TO BE DEMOBILIZED; TOWNSEND HEEDED. Impact: The steel truce in Indiana forged a path for future negotiations, leading to the eventual emergence of 'negotiation as a sport'—and yes, there are fans. Who knew labor relations could be so riveting?. Fact: It's funny how a truce can lead to more steel in the world but less conflict resolution in reality TV shows..
• Headline: Lutton--Price. Impact: The marriage of Lutton and Price set off a chain reaction of wedding planners everywhere, leading to the rise of Pinterest boards dedicated to floral arrangements and overpriced venues.. Fact: Isn't it ironic how the names sound like a law firm? Because, let's face it, marriage is a legal contract after all..
• Headline: BANKERS NOMINATE F.E. FROTHINGHAM; Investment Group Names Vice President of Coffin & Burr to Head Association. Impact: F.E. Frothingham's nomination as a banker paved the way for future finance bros, ultimately leading to the rise of 'bro culture' in investment banking. Thanks a lot, Frothingham!. Fact: Did you know that Frothingham is a name synonymous with finance, but sounds more like a character from a bad rom-com?.
• Headline: BINGHAM IS HONORED TWICE IN BRITAIN; With King George He Receives a High Masonic Award After Getting St. Andrew's Degree. Impact: Bingham's honors in Britain ignited a Masonic resurgence, leading to secret handshakes and the inevitable conspiracy theories about who really controls the world. Spoiler: it's the Masons.. Fact: Fun fact: Masons have been around longer than most reality TV shows, yet they still remain more mysterious. Go figure!.
• Headline: Waring--Clark. Impact: The union of Waring and Clark foretold a future where combinations would lead to endless debates over hyphenated names and the rise of the 'power couple' phenomenon.. Fact: Isn't it great how two last names can create a new brand? If only we could do that with everything in life..
• Headline: FRANC CUT ADRIFT; 4-CENT VALUE DUE; French Government Devalues Currency Again by Ending Gold-Content Limitations. Impact: The French currency devaluation had repercussions that echoed through time, eventually leading to the phrase 'It's not you, it's the economy' becoming a breakup standard across Europe.. Fact: Did you know the French love to devalue things? It's basically their version of a midlife crisis..
• Headline: BANKING REVISIONS EFFECTIVE TODAY; Double Share Liability Will Cease for Most National and State Institutions. Impact: Banking revisions led to some institutions treating their liabilities like bad relationships—just letting them go without any emotional baggage. Who knew banking could be so cathartic?. Fact: Isn't it amusing how a double share liability sounds like a bad Tinder date? Swipe left on that financial commitment!.