Breakthroughs and everyday innovations from the year.
HEADLINES ON January 8, 1938
Full News Archive
- Headline: Concert Pianist Mrs. Reinhold Faelten Dies. Impact: Mrs. Faelten's passing led to an unexpected increase in piano sales, as aspiring musicians felt a sudden urgency to honor her legacy, inadvertently boosting the music industry's economy just before a major stock market crash. Who knew a concert pianist's death could play such a key role in financial chaos?. Fact: Did you know that concert pianists were once considered rock stars? Mrs. Faelten probably had more fans than today's biggest pop idolsβif only Twitter had existed back then!.
- Headline: Court Rules in Favor of Leonard's Dinner Choice. Impact: Leonard's victory over the baked potato sparked a culinary revolution that led to the modern food truck crazeβbecause nothing says βgourmetβ like a potato that won a legal battle.. Fact: Did you know that baked potatoes were once thought to be the world's most boring food? Leonard's court case changed that narrative forever. Now they have a whole food festival in their honor!.
- Headline: Senator Thomas Advocates Reflation Policy. Impact: Senator Thomas's reflation discussion inadvertently inspired future politicians to throw around economic terms without understanding them, leading to decades of confusing jargon that still plagues us today. Thanks, Senator!. Fact: Did you know that reflation is just a fancy term for 'let's fix the economy'? Itβs like calling a pizza a βculinary circular carbohydrate delight.β Same idea, different toppings..
- Headline: EX-KING, EX-PREMIER DINE; Windsor, Lloyd George and Churchill at Cannes Event. Impact: The dinner brought together influential figures who would later bicker over the future of Europe, leading to a series of misunderstandings that spiraled into World War II. Truly, the power of awkward dinner conversations should not be underestimated.. Fact: Did you know that Winston Churchill once burned his dinner? Thankfully, this dinner went a bit better, but you can imagine the tension if they had served burnt toast!.
- Headline: MITCHELL A. TRAHAN SR.. Impact: Mitchell A. Trahan Sr.'s legacy paved the way for future lawyers to argue over the most mundane names in history, leading to an era where every baby name causes heated debates in court. Comforting thought, isn't it?. Fact: Did you know that the name 'Mitchell' was once so popular it was considered basic? Now itβs a vintage classicβlike vinyl records but less cool..
- Headline: HARRISON ADVANCES IN SQUASH RACQUETS; Downs Reynolds in a Five-Game Struggle in Union League Class B Competition. Impact: Harrison's squash victory inspired a wave of young athletes to take up the sport, unintentionally leading to a squash boom that resulted in way too many niche sports documentaries. Thank you, Harrison!. Fact: Did you know that squash is the only sport where hitting your opponent with a ball is not only allowed but encouraged? Talk about aggressive exercise!.
- Headline: JOHN C. KELLEY; Prosecutor in the Massie Case Dies in Honolulu at 51. Impact: John C. Kelley's death in Honolulu became a pivotal moment for prosecutors who realized they needed a backup plan for tropical vacations, thus inspiring the concept of work-life balance in law enforcement.. Fact: Did you know that Honolulu has been the ultimate vacation spot for lawyers ever since? They probably have a secret club there entitled 'Lawyers Who Shouldn't Have Come Here'..
- Headline: SEC SETS MINE HEARING; Teck Hughes Plea to Withdraw Statement Up Feb. 2. Impact: The SEC's hearing on mining stocks led to an increase in stock market literacy among the general public, resulting in a series of amateur investors trying to sound smart at partiesβwhat a glorious disaster that has been.. Fact: Did you know that the SEC was once nearly called the 'Securities and Exchange Committee of Really Boring Meetings'? Thankfully, they decided on a snappier name..
- Headline: ASKS STATE TO KEEP EMERGENCY TAXES; Mastick Commission Report Says These or Substitute Levies Must Be Permanent. Impact: The Mastick Commission's push for permanent emergency taxes set a precedent that would haunt taxpayers for generations. Little did they know, they were laying the groundwork for every politician's favorite pastime: raising taxes.. Fact: Did you know that 'emergency taxes' is just a euphemism for 'we really want your money, but we donβt want to call it a tax hike'? Itβs all in the marketing, folks..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1938, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1938, it would be worth $586,656 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1938, it would be worth $474,914 today (474.9x return)