Breakthroughs and everyday innovations from the year.
HEADLINES ON January 16, 1938
Full News Archive
- Headline: Realty Associates Expands to Queens. Impact: This momentous occasion led to a questionable rise in real estate agents who think they can sell ice to an Eskimo. Little did they know that years later, this would contribute to the great New York apartment price inflation, making closets cost more than a small car.. Fact: Realty Associates went from selling homes to selling dreamsβtoo bad those dreams came with 30-year mortgages!.
- Headline: Latest Books Received; History and Biography Philosophy and Religion Juvenile Business Economics and Sociology Fiction Literature and Essays Poetry and Drama Sport Government and Politics Foreign Affairs Education Science Textbooks Travel and Description New Editions and Reprints Miscellaneous Pamphlets Latest Books Received. Impact: The overwhelming number of book categories led to the modern-day 'self-help' section, where everyone believes they can become a life coach after reading a single book. As a result, society now has more self-proclaimed gurus than actual experts.. Fact: This headline is a reminder that people have always loved to categorize and overanalyzeβjust like a high school cafeteria!.
- Headline: LASH HOME FIRST IN TWO-MILE RACE AT ARMORY GAMES; Don Clocked in Great Time of 9:11 for Flat Floor at 69th Regiment Meet CUNNINGHAM EASY VICTOR Takes Lehman Trophy Test With 2:14.6 for the 1,000Wallace Gains Triumph SAN ROMANI RUNS THIRD Trails Burns and Jenkins in 3/4-Mile Event--Ryan Breaks Shot-Put Record Runner-Up Is Surprised Indiana Don Takes Command Sets Fast Early Pace LASH HOME FIRST IN TWO-MILE RACE Takes Five-Yard Lead Creates New Standard THE SUMMARIES. Impact: This thrilling athletic feat inspired countless individuals to take up runningβonly to find themselves huffing and puffing after two blocks. It also paved the way for the proliferation of running shoes that cost more than the average pair of designer heels.. Fact: Lashβs triumph was so inspiring that it motivated couch potatoes everywhere to at least consider joggingβ¦from their couch to the fridge..
- Headline: GREEK SHIP BELIEVED SAFE; No Further Work of Aspasia Heard After She Spurns Aid. Impact: This ship's saga inspired countless romanticized tales of independence and bravery, leading to a cultural fascination with the idea of spurning helpβsomething that would come back to haunt many a sailor in future generations.. Fact: Aspasiaβs rejection of aid is a classic example of how sometimes, saying 'no' can lead to heroic legendsβ¦ or just a really long swim..
- Headline: Tax Report Is Endorsed by Magill As a Foretaste of Wider Changes; He Tells House Hearing Basic Revisions Are on Way, Integrating Federal, State Laws and Ending Exempt Securities MAGILL PREDICTS WIDE TAX CHANGE Consider Consolidating Taxes Treadway and Crowther Critical. Impact: This tax report foreshadowed a never-ending cycle of tax reform discussions that would lead to citizens developing a deep-seated mistrust of anything that involves the word 'tax.' The ripple effect? The rise of tax accountants as the new rock stars.. Fact: Magillβs predictions essentially kickstarted the annual ritual of people avoiding their taxes until April 14thβclearly a beloved tradition!.
- Headline: Theodora's Spectacular Career; THEODORA. By Rene Kraus. 337 pp. New York: Doubleday, Doran & Co. $3.. Impact: Theodora's rise from humble beginnings to empress inspired generations, leading to a trend of underdogs becoming overachievers, which ultimately led to the creation of reality TVβwhere everyone believes they can be the next big star.. Fact: For just $3, one could learn about Theodoraβs life, or they could just watch a season of reality TV and get the same level of drama!.
- Headline: Log of America's Suicide Fleet; BRITTANY PATROL: The Story of the suicide Fleet. By H. wickliffe Rose. 367 pp. New York: W. W. Norton & Co. $3.50.. Impact: The chronicling of the suicide fleet highlighted the grim realities of wartime efforts, which would later inspire generations to protest against war, leading to the rise of peace movements and a whole lot of tie-dye.. Fact: H. Wickliffe Roseβs book serves as a somber reminder of sacrifice and the human cost of warβdefinitely not your average beach read!.
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)