Breakthroughs and everyday innovations from the year.
HEADLINES ON February 7, 1940
Full News Archive
- Headline: Lasker's Testimony on Loan Deal. Impact: This loan inadvertently sparked a chain reaction leading to the first-ever 'Lawyer's Anonymous' support groupβbecause who knew being shady was a full-time job?. Fact: Did you know that a $250,000 loan could buy you a small island? Or just a lot of really bad legal advice?.
- Headline: Truck Destruction Evidence in Lepke Trial. Impact: This incident inspired the invention of the 'Anti-Truck River Barrier,' which eventually led to a booming industry in ineffective roadside safety products.. Fact: Witnesses confirmed that trucks were not designed for aquatic adventuresβjust in case you were wondering..
- Headline: IRA Executions Amid Bombing Escalation. Impact: The repercussions of this event rippled through history, leading to an increase in global discussions around terrorism and justice, setting the stage for future peace processes.. Fact: Hanging terrorists may have seemed like a solution, but history shows it often just leads to more complex problemsβlike figuring out how to keep a country together..
- Headline: EDELSTEIN VICTOR IN CONGRESS RACE; New Dealer Wins by a Wide Margin Over Republican-- Browder Is a Poor Third. Impact: Edelstein's victory created a domino effect that ultimately resulted in a series of legislation that nobody can quite remember but everyone claims to have supported.. Fact: Winning by a wide margin is just another way to say 'everyone else was busy that day.'.
- Headline: 1940 FAIR PRAISED AS SPUR TO PEACE; T.J. Watson, Head of Machines Corporation, Depicts It as Common Meeting Ground GETS PLAQUE FOR WORK May 13 Is Set Aside for His Concern--10,000 Employes Will Visit the Exposition. Impact: The fair became a hotbed for peace talks, inadvertently inspiring a legendary series of awkward small talk sessions that still haunt corporate gatherings today.. Fact: T.J. Watson received a plaque, which is basically the 1940s equivalent of a participation trophy..
- Headline: Ex-Queens Clerk Loses. Impact: The dismissal of this case led to a wave of clerks reconsidering their career choicesβsome even took up interpretive dance to cope.. Fact: In the world of legal disputes, losing often means 'better luck next time!' or 'please hold my coffee while I rethink my life choices.'.
- Headline: $32,763,330 IS ASKED FOR CITY'S HOSPITALS; Goldwater's Budget $4,320,319 Above the Present One. Impact: Goldwater's budget request triggered a series of financial debates that could put even the most thrilling soap opera to shame.. Fact: Asking for $32 million is like asking your parents for a car when you can barely drive. Good luck with that!.
- Headline: VALENTINE EXPLAINS RISE IN BURGLARIES; Increase Laid to Population Gain and Lure of World's Fair. Impact: This explanation sparked a nationwide trend of blaming every crime on something fun and excitingβlike that time your neighbor's cat went missing after a big party.. Fact: If only criminals knew how to leverage the lure of a good fair, they might just set up their own booths instead!.
- Headline: 3D TERM BACKERS VISIT ROOSEVELT; But Democratic Committeemen Go Away No Wiser on Plans President May HaveGOV. O.D. JOHNSON FRANK'Just Leave Everything to Usand We Will Draft You,' HeTells Chief Executive. Impact: This confusion among Democratic committeemen led to several decades of political strategists realizing that vague promises are the best way to get electedβbecause who needs details?. Fact: The phrase 'Just leave everything to us' has since become the unofficial motto of politicians everywhere. Spoiler alert: it rarely works out..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1940, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1940, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1940, it would be worth $147,887 today (147.9x return)