Breakthroughs and everyday innovations from the year.
HEADLINES ON August 7, 1937
Full News Archive
- Headline: Cooperative Advertising Strategies in 1937. Impact: The success of cooperative ads in this campaign led to the eventual rise of influencer marketing, which can be traced back to your favorite Instagram model promoting beauty products and overcharging for their services. Thanks, 1930s advertisers!. Fact: Cooperative ads were a groundbreaking way to share costs between companies. Now, we just share memes on social media instead..
- Headline: Commander Brereton Takes Charge. Impact: Comdr W D Brereton's new command may have inspired future naval commanders to make their ships just a little more intimidating, leading to the eventual rise of pirate-themed movies and, subsequently, Johnny Deppβs career.. Fact: It's still a mystery why commanding a ship is considered more prestigious than commanding a land vehicle. Maybe itβs the hats?.
- Headline: Bridge Upset: Lighter Quartet Eliminated. Impact: This bridge mishap set off a chain reaction leading to the invention of more complex card games, which eventually caused family feuds over Monopoly. Thanks for that, Asbury!. Fact: Bridge is often hailed as a game of skill, while Monopoly is just a game of who can flip the board first. Choose your battles wisely..
- Headline: BOOKS OF THE TIMES; Finding a Story. Impact: The method of writing discussed here may have inspired thousands to pursue storytelling, leading to an explosion of badly-written fan fiction. Youβre welcome, internet.. Fact: Finding a story can be harder than finding a needle in a haystackβunless youβre looking for a plot twist; then itβs like a haystack made of feathers..
- Headline: ASSAILS PHILIPPINE BILL; Commissioner Parades Calls Resection of Gold Profit 'Unfair'. Impact: The outrage over the Philippine Bill set the stage for more political debates, which later led to every dinner party becoming a battleground for opinions and awkward silences. Thanks, politics!. Fact: Political debates have been around since the dawn of time, making them the original source of human frustrationβright up there with taxes and bad hair days..
- Headline: Aronson--De Roy. Impact: This marriage announcement may have led to a series of family reunions filled with more awkward conversations than a reality TV show cast reunion.. Fact: Marriage announcements are like social media updates for the 1930s. No one really cared, but everyone pretended to be happy about it..
- Headline: ARTHUR GOULD WALTON; Shoe Manufacturer in Chelsea, Mass., for 25 Years. Impact: Arthur Gould Walton's 25 years in the shoe business somehow set off a national obsession with footwear, leading to the modern phenomenon of people buying shoes they never wear. Bravo!. Fact: Shoe manufacturers have mastered the art of convincing you that you need 50 different pairs for every occasionβlike 'walking to the fridge' or 'sitting on the couch.'.
- Headline: WELL AFTER AIR DISASTER; Mrs. Doehner and Two Sons Quit Hospital After Hindenburg Fire. Impact: Mrs. Doehner's recovery after the Hindenburg fire symbolizes resilience, paving the way for countless inspirational quotes about overcoming adversity, which are now plastered on motivational posters everywhere.. Fact: The Hindenburg disaster remains one of the most infamous airship accidents in history, reminding us all that sometimes, even the sky isn't safe..
- Headline: LOUIS WALTER CALDWELL; Former Hotel Man and Broker Was Related to John Calhoun. Impact: Louis Walter Caldwell's connection to John Calhoun hints at the complicated web of American history, where everyone seems to be related in one way or another, making family reunions a study in political awkwardness.. Fact: Just think, if you dig deep enough, you might find out that youβre related to someone famousβor infamous. Itβs a gamble, but isn't that part of the fun?.
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)