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 August 31, 1939
Full News Archive
- Headline: Cash Equipment Purchase Authorized. Impact: This seemingly innocuous cash equipment purchase led to the eventual demise of bartering. Who knew a couple of shiny new machines would mean the end of haggling over chickens?. Fact: Did you know that cash was originally made of gold and silver? Now itβs just paper with a president's faceβ¦ progress?.
- Headline: Fire Destroys Warehouse, Displaces Families. Impact: The destruction of that junk warehouse sparked a nationwide movement to downsize. Little did they know, it would lead to the rise of minimalism and an overpriced avocado toast culture.. Fact: Fire can be a real community builder... if you enjoy living in a disaster zone..
- Headline: New Leonardo Work Found in Italy. Impact: The discovery of this painting not only renewed interest in Renaissance art but also inadvertently led to the creation of countless cat memes. Thanks, Leonardo.. Fact: Leonardo da Vinci was known for his love of cats. Perhaps he understood that they are the true masters of the household..
- Headline: Manufacturers Trust Co. Cuts Personal-Loan Rate. Impact: This slight cut in loan rates triggered an avalanche of consumer debt. Everyone thought they could afford that new car until reality hit harder than their first payment.. Fact: 3 1/3% sounds charming until you realize itβs just a way to keep you in debt longer. Cheers to financial wizardry!.
- Headline: The Developments in Europe. Impact: The Marquess of Lothianβs credentials may have seemed trivial, but they set off a chain reaction of diplomatic misunderstandings that would echo through the halls of history, resulting in an uptick in awkward family gatherings.. Fact: Diplomatic relations are often just fancy ways of avoiding conflict... like Thanksgiving dinner with your relatives..
- Headline: THROWN BY HORSE, SUES; Injured Rider Accuses Host in Westchester Action. Impact: This lawsuit paved the way for future equestrian mishaps to become a new genre of entertainment. Horse-related injuries became the punchline of many a dinner party conversation.. Fact: Suing over horse-related injuries is a real thing, just like the fact that horses have been around long enough to know better than to throw humans..
- Headline: Fire Department. Impact: This funeral marked a solemn moment for the fire department, reminding us of the brave souls who risk their lives. It sparked a nationwide conversation about the importance of fire safety training.. Fact: Firefighters are often referred to as 'smoke jumpers' because they literally jump into action. Talk about a hot job!.
- Headline: DIVORCES DR. J. S. DAVIS JR.; Wife Gets Reno Decree--Mrs. R. K. Lambert Also Wins Suit. Impact: This divorce case might seem personal, but it inspired a wave of legal reforms that led to easier divorce processes, because who doesnβt want to make breaking up as simple as clicking a button?. Fact: Divorce rates skyrocketed after the introduction of no-fault divorce. Who knew heartbreak could be so... efficient?.
- Headline: F. F. KOLBE IN NEW OFFICE; Succeeds Louis Ware as President of United Electric Coal Co.. Impact: Kolbe's ascension to presidency might seem mundane, but it set off a series of corporate power plays that ultimately contributed to the rise of corporate jargon and buzzwords that haunt us to this day.. Fact: The title 'President' in corporations often means 'the one who gets blamed when things go wrong.' A real dream job!.
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)