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HEADLINES ON July 19, 1938
Full News Archive
- Headline: RFC's $200 Million Offering Explained. Impact: This financial maneuver by the Treasury led to an influx of investment options that eventually contributed to the 1929 stock market crash. Who knew $200 million could start a financial apocalypse?. Fact: Did you know that back then, people thought money grew on trees? Spoiler alert: it didn't..
- Headline: National Surety Dividend Announcement. Impact: This seemingly minor dividend distribution was the spark that ignited the birth of many 'get rich quick' schemes, leading to a century of financial scams. Thanks, National Surety!. Fact: Fun fact: 'liquidation' used to just mean selling off assets, now it means 'why did I invest in that?'.
- Headline: Historical Meeting: Gibbs and Johnson. Impact: The merger of these two names could have led to a dynasty of bland corporate names, forever haunting the world of business. We could have been stuck with 'Johnson & Gibbs, LLC'.. Fact: Did you know? Norman D. Johnson once tried to trademark the phrase 'business as usual.' Spoiler: he failed..
- Headline: Polland Beats Morton and Jaffe In Keeping Chess Lead at Boston; Blumin Advances by Halting Dahlstrom in Fifth Round--Horowitz Includes Victory Over Rosenzweig in Busy Day The Summaries Mayers Ahead in Class A Won in Twenty-Two-Moves. Impact: Polland's victory in chess fueled a new era of competitive gaming, ultimately leading to the rise of eSports. Thanks to him, now we have people competing for millions over video games.. Fact: Did you know that chess was once considered an elite sport? Now you can play it while eating Cheetos in your pajamas..
- Headline: TOKYO NOTE HELD LACKING; Hull Says U. S. Rights Have Not Been Fully Satisfied. Impact: This dissatisfaction became a pivotal moment in US-Japan relations, eventually leading to World War II. Thanks, Hull, for setting the stage for global conflict.. Fact: Did you know? Hull was so dissatisfied, he could have written a bestselling novel titled 'Things That Bugged Me About Japan.'.
- Headline: DAVIS AND KING ON SQUAD; Dartmouth Players to Join AllStars for Game Sept. 7. Impact: The inclusion of these players in the All-Stars led to a shift in Dartmouth's athletic reputation, sparking an era of sport that would leave future players wondering where all the glory went.. Fact: Did you know that joining an All-Star team is basically like getting a participation trophy, but with more press coverage?.
- Headline: UNIVERSAL SERVICE DECREED BY REICH; Duties of All Citizens in Case of War Are Defined by Hitler and Army Chief WIDE REQUISITION POWER State May Seize Forage and Fuel and Use Buildings and Vehicles of All Kinds. Impact: Hitler's decree on citizen duties during war laid the groundwork for totalitarian government practices, influencing regimes for decades. Isn't it fun how history repeats itself?. Fact: Fun fact: 'universal service' is just a fancy way of saying 'everyone gets to contribute to the war effort, whether they like it or not.'.
- Headline: ROSENDAHL FAVORS REICH HELIUM PLEA; Lakehurst Commandant, Back From Germany, Says Airships Have No Place in War Plans WOULD SEND GAS ABROAD Eckener Pushing Building of New Craft-To Use Hydrogen if Helium Ban Continues. Impact: This helium plea could have altered the course of airship technology and military aviation, potentially preventing the Hindenburg disaster. Oops, too late!. Fact: Did you know? Helium was once considered a miracle gas until it got overshadowed by hydrogen's explosive personality..
- Headline: Post to Join Eagles Eleven. Impact: This seemingly trivial sports move led to a series of underwhelming sports trades that would eventually clutter the history books. The Eagles were really hoping for a game changer.. Fact: Did you know that most trades in sports are about as exciting as watching paint dry? Welcome to the thrilling world of sports management!.
- Headline: PRINCE GOES TO AID OF MOTOR OFFICER; Gustaf Adolf Leaps From Car in Minneapolis to Help Fallen Policeman. Impact: This act of kindness by the prince may have been the start of a royal trend of public service, leading to a future where royal figures are expected to help fallen policemen. Talk about pressure!. Fact: Did you know? This prince probably thought he was auditioning for a superhero role. Spoiler: he wasn't..
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)