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 15, 1938
Full News Archive
- Headline: Gorman Ousted from Textile Union Council. Impact: Gorman's ousting set off a chain reaction where every union member suddenly became a conspiracy theorist, believing that every council meeting was a secret plot to divide workers. Fast forward a few decades, and labor unions were plotting heists like they were in a movie.. Fact: Fun fact: Losing a council post is basically the 1930s version of getting unfollowed on social media. One minute you're in, the next you're out!.
- Headline: White Plains Development Bonanza Begins. Impact: This acquisition led to the construction of so many office buildings that White Plains eventually became the go-to place for overqualified interns who couldn't find jobs elsewhere. Thanks, builder!. Fact: Did you know that before this construction boom, the only thing rising in White Plains was the number of empty pizza boxes in college dorms?.
- Headline: Leadership Change at Illinois Central Railroad. Impact: Beven's rise to power created a domino effect of train schedules being just as chaotic but with a better title on the business cards. The Illinois Central became synonymous with 'We're trying our best!'. Fact: Did you know that before becoming president, Beven likely knew more about train schedules than most people know about their own family trees?.
- Headline: Lintoype Employes Return Today. Impact: The return of Lintoype employees sparked a resurgence in typesetting pride, leading to a brief but passionate revival of the 'Typeface Appreciation Month' that no one knew they needed.. Fact: Did you know that 'Lintoype' sounds like the name of a fancy dish at a gourmet restaurant? 'Yes, I'll have the Lintoype, please, with a side of pretentiousness.'.
- Headline: COSTER ARRESTED AS AIDE DISCLOSES 2-YEAR SUSPICIONS; President of Drug Concern and Dietrich Are Seized and Released on Bail TREASURER IS A WITNESS Says Conscience Forced Him to Study Deals and Ask Coster for a Showdown Coaster Activities Come Up Helped Get Credit, He Says First Suspicions Two Years Ago COSTER ARRESTED; AIDE'S STORY HEARD Federal Inquiry Continues DRUG OFFICIALS ARRESTED AND MAN WHO BARED SHORTAGE. Impact: Coster's arrest sent shockwaves through the pharmaceutical industry, leading to a new era of 'trust no one' that changed the way drug companies operated forever. And to think, all it took was a wayward conscience.. Fact: The irony of a drug executive being arrested canβt be overstatedβit's like a baker being caught for using store-bought dough!.
- Headline: CLERK, 74, ROUTS ROBBER; Fights Back as Youth Wields Iron Pipe in Liquor Store. Impact: This brave clerk became an accidental hero, inspiring a generation of elderly folks to take up self-defense classes and ultimately leading to the 'Seniors vs. Thieves' championship that shook local communities.. Fact: They say age is just a number, but in this case, it was also a weapon! Watch out, worldβgrandpa's got a liquor bottle and a point to prove!.
- Headline: Fidelity Investment Firm Accused Of Fraud in SEC Injunction Action; Bill in Federal Court at Detroit Charges Deceit in Using Funds--60,000 Hold 'Thrift Plan' Contracts for $276,223,450. Impact: Fidelity's fraud charges led to a massive overhaul in investment regulations, spawning a new breed of finance majors who specialize in finding loopholes rather than actually investing. Welcome to the future!. Fact: You know it's serious when the SEC gets involved. I mean, who knew finance could be this scandalous? It sounds like a plot twist in a bad soap opera!.
- Headline: ALIEN CLAIMS ISSUE VEXES LIMA PARLEY; What Cruchaga Wants Chilean Threatens Fight on the Floor to Deny Foreigners Special Treatment U. S. DELEGATES WORRIED Effort Likely in Subcommittee to Modify Proposal on Diplomatic Protection Close Examination Planned. Impact: This rather mundane diplomatic squabble inadvertently paved the way for countless sci-fi movies where aliens land and demand special treatment, setting up a cultural obsession that still exists today.. Fact: Imagine if aliens were to take this conference seriouslyβthey'd probably show up in suits and start arguing over intergalactic trade deals. 'No special treatment for you, Earthlings!'.
- Headline: Italy Bans Importation Of All Detective Tales. Impact: By banning detective tales, Italy inadvertently inspired a new wave of amateur sleuths who thought they could create their own mysteries. Imagine the chaos of Italian neighborhoods filled with wannabe detectives!. Fact: Perhaps Italy just got tired of reading about fictional crimes when they had enough real-life drama from their own political scene!.
- Headline: ECONOMIC PARLEY IS URGED BY PAISH; ' Disturbed' by Spending, He Says He Came to America to Get Remedy Soon. Impact: Paish's call for an economic parley led to endless debates that were so boring, they could be weaponized. It eventually resulted in the invention of the phrase 'Let's table that,' which still haunts boardrooms today.. Fact: Paish's idea of a remedy sounds suspiciously like what every family member says during Thanksgiving dinner when politics come upβ'Let's talk about anything else, please!'.
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)