Breakthroughs and everyday innovations from the year.
HEADLINES ON February 8, 1940
Full News Archive
- Headline: Disbarred Lawyer's Unusual Lawsuit. Impact: This lawsuit sparked an underground movement of disgruntled gamblers who began forming secret societies aimed at holding bookmakers accountable. Fast forward a few decades, and we have a network of vigilante bettors who, in a twist of fate, became the inspiration for a popular TV series about gamblers turned superheroes.. Fact: Did you know that in some states, suing someone for losing bets is considered a rite of passage? It’s like a graduation ceremony for failed gamblers!.
- Headline: Ruddy Pleads Guilty to Larceny Charges. Impact: Ruddy's downfall set off a chain reaction where ex-city employees began forming a support group for disgraced public servants. This later evolved into a reality show that ironically praised their 'skills' in misappropriating funds.. Fact: Did you know that J.A. Ruddy was actually a swim star? His career was like a splash in the pool, but now it’s more like a belly flop in court!.
- Headline: 1940 Men's Furnishings Price Trends. Impact: The mixed price trends led to a nationwide fashion crisis where men realized they could just wear socks and spring underwear as a bold statement, igniting a revolution in casual wear that still haunts fashion runways today.. Fact: Did you know that 'terry ropes' are actually just a fancy name for towels? Apparently, men’s fashion is a slippery slope… or maybe just a slippery towel..
- Headline: CITY RIVALS CLASH IN TVA POWER WAR; Bessemer, Ala., and Old Private Company Battle for Business. Impact: This rivalry over power supply sparked a series of increasingly ridiculous public debates that culminated in a town fair featuring a tug-of-war between the two companies, which surprisingly led to a lasting truce—who knew a rope could unite enemies?. Fact: Did you know that the only thing more shocking than the power struggle in Bessemer was the realization that most residents just wanted free cotton candy at the fair?.
- Headline: HONORED BY ELECTRICAL MANUFACTURERS. Impact: This honor set off a chain of awards in the electrical industry, leading to the founding of a bizarre new holiday where everyone dressed as electrical appliances—think Halloween, but with more wires and fewer ghosts.. Fact: Did you know that the H.J. McGraw Award is so prestigious that winners are often mistaken for celebrity chefs? Apparently, everyone loves a good electrical connection!.
- Headline: 300 City Workers Begin College Courses Today. Impact: This moment sparked a wave of adult education programs across the nation, leading to a generation of city workers who became surprisingly well-versed in obscure subjects like underwater basket weaving, resulting in a new economy of niche crafts.. Fact: Did you know that 300 city workers enrolling in college is just another way of saying they finally realized free pizza was available in the cafeteria?.
- Headline: British Open School in Colombi.. Impact: The establishment of this school led to an influx of British professors who inadvertently brought over a love for tea, which eventually caused a tea shortage in their home country—a true British dilemma.. Fact: Did you know that 'Colombi' is not just a name but also a secret code for 'I need more biscuits with my tea' in professor lingo?.
- Headline: Votes Anti-Seaway Fund. Impact: This decision inspired a whole new wave of anti-infrastructure movements, leading to the discovery of alternate routes that people still use today to avoid construction detours—saving millions in therapy bills for road rage.. Fact: Did you know that voting against a seaway fund is basically a polite way of saying 'I prefer to get stuck in traffic instead'?.
- Headline: Camp Fire Girl, 16, Wins Prize in Poetry Contest. Impact: Winning this contest ignited a flurry of creativity among other Camp Fire Girls, leading to the establishment of the 'Camp Fire Literary Society'—a group dedicated to writing poems about s’mores and the great outdoors.. Fact: Did you know that Camp Fire Girls are basically the original hipsters? They were writing poetry before it was cool—now that's an accomplishment!.
- Headline: CITIZENS UNION FIGHTS WASHINGTON SQ. PLAN; Says Park Department Wants to Make It Look Like Big Bath Mat. Impact: This opposition to the park plan inspired future generations to approach urban design with a more critical eye, leading to a series of parks that look like art installations rather than oversized bath mats—thankfully, no one wants to lounge on them.. Fact: Did you know that the only thing more controversial than the bath mat design was the fact that no one even knew what a bath mat was until this debate?.
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)