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HEADLINES ON December 28, 1939
Full News Archive
- Headline: Senator Bankhead's Stand on Farm Aid. Impact: If only they had cut the farm aid, the next generation of farmers might have become tech moguls instead of constantly fighting for government handouts. Imagine a world where corn was grown by drones instead of humansβoh wait, that is happening now, isn't it?. Fact: Farm aid: the government's way of saying, 'We know you can't grow crops without our help, so hereβs a little cash to keep you from going completely bankrupt.'.
- Headline: N.A.M. Calls for Business Understanding. Impact: This plea for civility in business practices led to a ripple effect where less baiting eventually meant less drama in boardroomsβwho knew board meetings could be so boring without conflict, right?. Fact: Business baiting: the fine art of luring competitors into traps while wearing a suit. It's like chess, but with more paperwork and fewer checkmates..
- Headline: Illinois Professor Forecasts Pension Changes. Impact: This prediction sent shockwaves through the insurance industry, leading to a 'pension revolution' where every elderly citizen got a pension but still had to eat cat food. Thanks for the optimism, Professor!. Fact: Pensions: because who wouldnβt want to spend their golden years counting pennies and reminiscing about the 'good old days'βyou know, like yesterday?.
- Headline: ADELE WRONSKI A BRIDE; Married to Lieut. Ralph L. Lowther, U.S.A., at West Point. Impact: Their union sparked a chain reaction of military marriages, leading to a rise in on-base wedding planners and the infamous 'military spouse support group' where everyone pretends to love military life.. Fact: Getting married at West Point: the ultimate way to say, 'I love you' while also being surrounded by the faint smell of gunpowder and the looming threat of boot camp..
- Headline: THOMAS O. CUNNINGHAM; President of the Interstate Loan Company in Kansas City. Impact: Cunningham's reign led to a banking revolution where loans became more accessibleβif only he had known the future would bring subprime mortgages and a financial crisis.. Fact: Being a loan company president: itβs like being a bartender, but instead of serving drinks, you serve debtβcheers!.
- Headline: Morgan J.A. Reichner. Impact: The mere mention of Reichner's name triggered the start of a long line of accountants who thought they could become famous by just existing. Spoiler: they didnβt.. Fact: Being a financial figure in history: where your contribution gets lost in a sea of spreadsheets and tax forms, but hey, at least you got a headline!.
- Headline: TAX RISE IS AVERTED; Jersey City Aided by Central Railroad Paying on 1939 Levy. Impact: This small victory over taxes created a false sense of security, leading citizens to believe they could actually budget effectivelyβspoiler alert: they couldnβt.. Fact: Averting a tax rise: it's like dodging a bullet, only to trip over a tax loophole later. Welcome to the adulting world!.
- Headline: ABOUT NEW YORK. Impact: The astrological discussions in this piece led to the creation of astrology cafes, where bored hipsters now ponder their fates over overpriced lattes. Thanks, New York!. Fact: Astrology: the only science where your future is determined by the alignment of stars, and your personality is based on the month you were bornβno pressure!.
- Headline: Condit--Estelle. Impact: This seemingly trivial announcement led to a long line of Condit descendants who would go on to confuse genealogists for decades. Good luck collecting that family history!. Fact: Marriage announcements: the social media of the past where you had to rely on newspapers instead of Instagram to announce your love life..
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)