Breakthroughs and everyday innovations from the year.
HEADLINES ON July 3, 1940
Full News Archive
- Headline: Engineering Legacy of Percy Litchfield. Impact: If Percy Litchfield hadn't built those subways, we might still be riding horses through the streets while wearing top hats. Imagine the chaos of Victorian traffic jams!. Fact: Percy Litchfield was so good at building subways that rumor has it he once tried to dig a tunnel to the moonβbut they told him it was a 'bit too ambitious.'.
- Headline: Neeley Loses Estate Share Suit. Impact: F.T. Neeley's loss in court sparked a series of estate battles that would inspire countless reality TV shows. Who knew the drama over a will could be so riveting?. Fact: In retrospect, losing a lawsuit over an estate is probably less tragic than losing the remote during a binge-watch session..
- Headline: Scholarship Victory for M.I.T. Aspirant. Impact: Winning a scholarship to M.I.T. may have indirectly led to the invention of the smartphone, which in turn led to millions of people ignoring each other in favor of scrolling. Thanks, scholarship!. Fact: M.I.T. was once known as the 'Massachusetts Institute of Technology'βnow, itβs more like the 'Massive Institute of Texting.'.
- Headline: Can Factory Ordered. Impact: The decision to build a new factory led to an industrial boom, which eventually resulted in the invention of the office coffee machine. The real MVP of productivity!. Fact: Factories were once places where people worked hard, not just places to complain about the coffee being too weak..
- Headline: MR. STIMSON AND MR. KNOX. Impact: Stimson and Knoxβs testimony might have seemed boring at the time, but little did they know that it would set the stage for future political debates that would make reality TV look like a documentary.. Fact: Testimonies can be so riveting that they make soap operas look like a documentary on paint drying..
- Headline: A CAREFREE DAY AT CONEY ISLAND. Impact: A carefree day at Coney Island led to the birth of the summer vacation traditionβbecause nothing says relaxation like waiting in line for a rollercoaster!. Fact: Coney Island was so popular that it almost made people forget about their mundane daily lives... until they returned to work on Monday..
- Headline: TRUSTEE'S FEE GRANTED; Court Praises Ballantine's Aid to Continental Securities. Impact: The court's praise for Ballantine's work paved the way for corporate lawyers everywhere to feel like rock stars. Who knew legal fees could lead to fame?. Fact: Court praise is like a participation trophy for lawyersβbecause who doesnβt want to be recognized for showing up?.
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)