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 August 18, 1937
Full News Archive
- Headline: Rockefeller Levy Assessment Reduced. Impact: This decision led to a peculiar chain of events where wealthy individuals began to believe that they could negotiate their way out of taxes, prompting an influx of high-stakes negotiations that made tax lawyers the true benefactors of the 20th century.. Fact: Did you know that the Rockefellers had enough money that even a 'cut' in their taxes was like giving a dollar to a millionaire? Still, they probably felt it was a tragedy of epic proportions..
- Headline: Weizmann's Report on Palestine Talks. Impact: This discussion created a ripple that would lead to decades of diplomatic negotiations, awkward dinner parties, and a plethora of history books that assume everyone knows what's going on.. Fact: Fun fact: The only thing more complicated than the politics of the Middle East is trying to explain it at a cocktail party without losing half your audience..
- Headline: MacDonald Appointed to New Position. Impact: MacDonald's new post sparked a wave of similar appointments which led to the creation of more bureaucratic red tape than anyone could possibly navigate, thus ensuring that no actual work got done.. Fact: Did you know that every time someone gets a new post, a tree somewhere dies to print their business cards? It's the circle of life, but with less lions..
- Headline: AUGUSTUS A. GULLETT; Civil War Veteran and Inventor of a Cotton Gin Dies at 91. Impact: Gullett's passing marked the end of an era, reminding future generations that without innovations like the cotton gin, the world might still be wrestling with the complexities of manual labor and cotton production.. Fact: Gullett's cotton gin was so revolutionary, it practically put the 'gin' in 'Virginia.'.
- Headline: 3 UNIONS ENLISTING RADIO TECHNICIANS; Race for New Members Begun by the A. F. of L., C. I. O. and Independent Groups ACT DESPITE CONTRACTS Organizers Insist They Are Not Valid-Artists Seek Pact With Announcers. Impact: As unions began to grapple with the complexities of radio technology, this led to the bizarre phenomenon of technicians becoming rock stars, leaving the actual artists to fight for their attention during lunch breaks.. Fact: Did you know that back in the day, radio technicians were treated like the nerds of the industry? Now they probably get more fan mail than the artists themselves..
- Headline: Thayer-Forbes. Impact: The merger of Thayer and Forbes led to a chain reaction of corporate shenanigans, proving that when two companies join forces, the only certain outcome is an even longer email chain.. Fact: Fun fact: Every time a company merges, an intern somewhere has to rebrand everything. So, if you ever wonder why your favorite snacks suddenly look different, now you know..
- Headline: LOGAN W. PORTER. Impact: The legacy of Logan W. Porter, though brief in this headline, inspired countless others to pursue longevity in both life and the sheer act of remaining relevant in conversations.. Fact: Logan W. Porter lived to be 95. Thatβs about 30 years longer than most New Yearβs resolutions!.
- Headline: FIXES PWA BUFFALO RENTS; Secretary Ickes Puts Maximum of $23.85 on Kenfield Units. Impact: This rent cap sparked a heated debate that would echo through the annals of housing policy and give birth to a million complaints about landlords, making it the unofficial start of tenant activism.. Fact: Fun fact: If rent prices ever go up again, just remember that inflation is the only thing guaranteed to rise faster than your blood pressure when discussing housing..
- Headline: MISS MARY L. HANLON IS WED TO F. D. BURKE; Louisville Girl, Daughter of Late Lorillard Executive, Bride of Railroad Man Here. Impact: This union forged new family ties that would later result in a rivalry over who gets to control the holiday dinners, ensuring that family gatherings would forever be a competitive sport.. Fact: Did you know that weddings are just fancy parties where everyone pretends to care about your love story, while secretly wondering what the food will be?.
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)