Breakthroughs and everyday innovations from the year.
HEADLINES ON June 16, 1939
Full News Archive
- Headline: Examining Lump Sum State Budget Legality. Impact: This riveting budget debate set off a chain reaction leading to every state's budget having more lawyers involved than actual politicians. Now, every budget proposal comes with a side of legalese and a hefty bill.. Fact: Did you know that lawyers often get paid more than the politicians who wrote the budget? Makes you wonder who really runs the show, doesn't it?.
- Headline: Women Democrats Celebrate 1940 Victory. Impact: The victory of women Democrats in 1940 led to the eventual rise of political brunches where everyone pretended to listen to policy discussions while actually discussing their favorite avocado toast recipes.. Fact: Did you know that women's political conferences are where the term 'girl power' was originally coined? Just kiddingβit's actually just a lot of coffee and passive-aggressive remarks..
- Headline: Four Federal Agencies Start Drive on Spies As Senate Gets Bill to Stiffen Penalties. Impact: The Senate's decision to stiffen penalties against spies led to the birth of a thousand spy movies, each more unrealistic than the last. Spoiler: they never use their real names.. Fact: Did you know that the main qualification for being a spy is not to look like a spy? It's like a secret club with a really strict dress code!.
- Headline: ROOSEVELT WEIGHS NEW SPENDING PLAN; Attempt to Spur Recovery by Extra-Budget Financing of Works Is Urged on Him. Impact: Roosevelt's spending plan was like throwing a penny into a wishing wellβeveryone wished it would work, but most just ended up with empty pockets and a lot of paperwork.. Fact: Did you know that for every dollar spent in a recovery plan, a politician gets a bonus in the form of votes? Itβs the circle of political life!.
- Headline: MISS COCHRAN GETS AIR TROPHY AGAIN; THE WINNER OF THE HARMON TROPHY FOR 1938. Impact: Miss Cochran winning the Harmon Trophy was a pivotal moment in aviation history, inspiring future pilots to believe that all it takes to soar is a good trophy and a little luck.. Fact: Did you know that winning trophies in aviation often leads to more anxiety than actual flying? 'Do I look good holding this? Is my hair windblown enough?'.
- Headline: INDIAN PRINCE HERE; Principal Object of Visit Is to See the Fair. Impact: The Indian Prince's visit sparked a massive interest in world fairs, which ultimately led to modern-day conventions that no one wants to attend but feel obligated to.. Fact: Did you know that world fairs are just really fancy pop-up exhibitions? Who knew the 1930s were the original hipsters?.
- Headline: TO RENEW EFFORT FOR LABOR PEACE; Administration Prepares to Intervene Again as Lewis Halts C.I.O.-A.F.L. Dealing. Impact: The administration's push for labor peace created a domino effect that eventually led to every workplace having a 'team-building' exercise, where everyone pretends to like each other while doing trust falls.. Fact: Did you know that the only thing less effective than a workplace intervention is a trust fall? Spoiler alert: it usually ends in tears..
- Headline: C.I.O. UNION ASKS A.F.L. INJUNCTION; Electrical, Machine and Radio Body Charges Boycott on C.I.0.-Made Products SEEKS $250,000 DAMAGES Conspiracy by Federation Unit Is Held to Have Been in Operation Since 1936. Impact: The CIO's legal action against the AFL brought about a new era of labor disputes, effectively turning workplaces into battlegrounds where the only winners were the lawyers.. Fact: Did you know that labor disputes are the only fights where no one gets hurt, except maybe the poor souls trying to mediate? Talk about a win-win!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1939, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1939, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1939, it would be worth $474,913 today (474.9x return)