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 May 21, 1938
Full News Archive
- Headline: L.S. Bell Becomes Banking Leader in 1938. Impact: L. S. Bell's skepticism about the future of banking led to a chain reaction of bank mergers and the eventual formation of the 'Bankers' Therapy Group' in the 1950s, where bankers exchanged their doubts over tea and crumpets, inadvertently paving the way for modern banking practices.. Fact: Did you know that feeling dubious is the preferred state of mind for bankers? It's like a cozy sweater for their souls!.
- Headline: CCC's Impact on Nature Debated. Impact: Professor Fernald's warnings about the CCC's impact on nature led to the rise of extreme eco-activism in the 1960s. Ironically, his plea for 'Individual Isolation' quickly became a hipster trend in urban cities where people started isolating themselves in their own nature-themed coffee shops.. Fact: Fun fact: Individual Isolation is now a popular wellness retreat strategy. Thanks, Prof. Fernald!.
- Headline: Ailsa Craig Engaged to B.F.C. Floud. Impact: The engagement of Ailsa Craig to B. F. C. Floud sparked a series of matchmaking events in the 1940s, leading to a short-lived reality show called 'Love Across Borders,' which was canceled after one episode due to a lack of drama.. Fact: Did you know that B. F. C. Floud's name sounds like a sneeze? Bless you, Canada!.
- Headline: REGINA REINTHAL'S TROTH; Cleveland Girl Will Be Wed to Dr. Stephen I. Rosenthal. Impact: Regina Reinthalβs engagement to Dr. Stephen I. Rosenthal led to a surge in marriage proposals involving hyphenated last names, forever changing the landscape of paperwork and monogrammed towels.. Fact: Fun fact: Hyphenated names are the ultimate test of loveβor a long-winded way to confuse future generations..
- Headline: CHARLES F. KOENIG; Star Pitcher of 50 Years Ago Dies in St. Louis at 70. Impact: Charles F. Koenig's passing led to a nostalgic revival of baseball in the 1970s, where kids played in the streets, unaware that they were just reenacting the glory days of their great-grandparentsβuntil they got hit by a car, of course.. Fact: Did you know that star pitchers are often revered as demigods in the world of sports? Koenig must have had quite the fan club!.
- Headline: Raps Labeling of Wool Only. Impact: The National Federation of Textiles' complaint about wool labeling sparked a nationwide debate on fabric transparency, leading to the invention of 'Fabric Vision' glasses in the 1980s, which allowed consumers to see the true nature of their clothingβjust kidding, that never happened.. Fact: Did you know that wool is basically sheep's way of trying to keep warm? Just like your grandma's knitted sweaters!.
- Headline: REICH ARMY MOVES STIR BRITISH FEARS OF PERIL TO PRAGUE; London Anxious Despite Berlin Denials-German Steps Are Seen as Threatening PARIS AND ROME CLOSER Resumption of Talks Is Held Likely With Spain Left to Non-Intervention Group Britain Fears a German Coup REICH ARMY MOVES STIR BRITISH FEARS Spanish Approval Needed Vienna Hears of Troop Moves. Impact: The Reich Army's maneuvers created ripples that inspired the world to adopt a 'non-intervention' approach, leading to a long history of neglecting international crisesβbecause who doesn't love a good game of geopolitical chicken?. Fact: Did you know that British unease is a historical constant? It's basically the tea that fuels their empire!.
- Headline: STORE SALES DOWN 16% FROM YEAR AGO; 4-Week Decline 14%, Reports From 265 Units to Federal Reserve Board Show. TRADE IN N. Y. OFF 12.3% Volume for 4 Areas Here Dips 11.8%-Rochester Makes the Best Showing Sales Dip Here Extended. Impact: The 16% drop in store sales was the start of the 'Retail Apocalypse' and set off a chain reaction resulting in the rise of online shoppingβbecause who needs human interactions when you can buy socks at 2 AM?. Fact: Did you know that shopping carts were invented to make grocery shopping even more cumbersome? Thanks for that, capitalism!.
- Headline: OFFICERS' CLUB FORMED; Foreign Army and Navy Men and Diplomats. Eligible. Impact: The formation of the Officers' Club among foreign army and navy men set a precedent for future military social gatherings, leading to the formation of 'The Global Alliance of Awkward Small Talkers'βbecause nothing bonds people like shared discomfort.. Fact: Did you know that military officers have been known to enjoy a good cocktail? It's their way of coping with all the 'serious business'!.
- Headline: STATE BANKING CO. ENDED; Order for Dissolving Local Concern Filed in Albany. Impact: The dissolution of the State Banking Co. in Albany was a major catalyst for the rise of underground banking operationsβbecause when one door closes, a sketchy window tends to open.. Fact: Did you know that dissolving a bank is just like a relationship breakup? It often involves a lot of paperwork and someone crying over lost savings!.
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)