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 December 4, 1938
Full News Archive
- Headline: TVA: Climax of a Controversial Struggle. Impact: The TVA's struggle led to the eventual rise of environmental policies, which ironically resulted in the creation of a 'Save the TVA' social media campaign in the 21st century, where influencers post pictures of their favorite power lines.. Fact: The TVA's biggest struggle was actually convincing people that 'Tennessee Valley Authority' wasn't a new Olympic sport..
- Headline: Exploring Philadelphia's Opera Scene. Impact: The Philadelphia Operas became a cultural touchstone, leading to a time when opera singers would be the ones influencing political decisionsβbecause who needs politicians when you have arias?. Fact: Opera in Philadelphia was so dramatic that it inspired the phrase 'it was like an opera in Philly' to describe any overly dramatic city council meeting..
- Headline: Normandie Taken Out of Service In Move to Break French Strike; 200 Passengers Transfer to British Aquitania --326 American Volunteers From Spain Stranded--50 Ships Requisitioned PARIS DISCHARGES NORMANDIE CREW Longshoremen See Loss. Impact: The Normandie incident taught future generations that sometimes breaking a strike can lead to a temporary solution but a long-term legacy of resentmentβlike a bad family reunion.. Fact: The Normandie was so glamorous that even the British Aquitania had to step up its game, leading to the world's first luxury cruise ship beauty competition..
- Headline: FROM DECORATIVE ANGLES; OUT OF TOWN Hoboken. Impact: The Hoboken exhibit was so riveting that it inspired a new reality show titled 'Hoboken: The Decorative Angle,' where the stakes are high and the angles are sharper.. Fact: The exhibit was so groundbreaking that it was rumored to have inspired a secret society of architects devoted to creating buildings that look good from all angles..
- Headline: BANK LAW AN ISSUE IN GIANNINI DISPUTE; Holding-Company Regulation Held Factor in SEC Charges Against Transamerica; EFFECT ON CONGRESS SEEN; Hearing Expected to Be Close to Legislative Consideration of Control Measure Exponent of Branch Banking Opposition to Proposal BANK LAW AN ISSUE IN GIANNINI DISPUTE Move by the Administration Case Before Labor Board Charges Against Company. Impact: The Giannini dispute set off a chain reaction in the banking industry that ultimately led to the phrase 'it's not personal, it's just business' being overused in corporate boardrooms throughout history.. Fact: A.P. Giannini was so controversial that discussions about him often included the phrase 'banking with a side of drama,' which was later adopted as a slogan for several financial firms..
- Headline: FRUITS THAT ARE A NATIONAL HABIT; Oranges, Grapefruit and Tangerines, in Ever-Increasing Abundance, Are Now Pouring In From the Southern Groves. Impact: The abundance of fruits from the southern groves led to the unfortunate overuse of citrus in cocktails, resulting in an entire generation of people who can't remember what a normal drink tastes like.. Fact: The obsession with oranges and grapefruits was so intense that it inspired the phrase 'when life gives you lemons, make a cocktail'βwhich still confuses bartenders to this day..
- Headline: BUILDS HIS HOUSE ON SIDE OF A HILL; Architect Makes Full Use of Sloping Site in Planning Hartsdale Home. Impact: The architect's hillside house sparked a trend that led to ever more eccentric builds, including the infamous 'Upside Down House' that left visitors questioning their sense of gravity.. Fact: Building a house on a hillside was once considered avant-garde until everyone started doing it, leading to real estate agents insisting that itβs all about the 'slant factor' now..
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)