Breakthroughs and everyday innovations from the year.
HEADLINES ON July 23, 1940
Full News Archive
- Headline: Luxury Fur Fashion Show for Charity. Impact: The extravagant display of furs led to a sudden surge in fur fashion, which inadvertently triggered a global fur shortage. This caused a bizarre increase in the popularity of faux furs, leaving wealthy aristocrats with little more than bad taste and a closet full of regret.. Fact: Did you know that the only thing more expensive than these furs is the therapy bills for those who realize they canβt afford to keep up with the Joneses?.
- Headline: Kern Inquiry's Controversial Subpoena Clash. Impact: The complete lack of cooperation in the Kern Inquiry led to the invention of the phrase 'government efficiency,' which became an ironic joke that echoes through time, inspiring countless memes about bureaucracy.. Fact: You know itβs serious when lawyers are involved; just wait until someone mentions 'misunderstanding'βthatβs when you know the drama is about to peak!.
- Headline: Death of Judge Henry Burt Ware. Impact: The passing of Judge Ware initiated a series of legal reforms that would eventually lead to the establishment of more transparent judicial practices, which ironically made it harder for future judges to pull off the 'I forgot my glasses' excuse during court.. Fact: Judges may wear robes, but they canβt hide from history. Remember, every gavel strike echoes in eternityβespecially when itβs on a bad pun..
- Headline: KNOX URGES ACTION BE TAKEN AT ONCE ON DEFENSE FUNDS; Secretary and Admiral Stark Ask House Group to Speed Roosevelt's Request BUILDING UNIT IS NAMED Committee of Six Will Work Jointly With the Advisory Defense Commission. Impact: Knox's urgency led to the rapid mobilization of defense funds, which accidentally set the stage for the creation of a committee so large it could host a family reunion for everyone who ever had a say in government spending.. Fact: Itβs always a good day in politics when you can propose a committee to solve a problemβbecause nothing says 'we're serious' like a room full of people talking about talking..
- Headline: HARRY A. COCHRAN, AN EX-RAIL OFFICIAL; Served as Coal Traffic Manager for the Baltimore & Ohio. Impact: Cochran's tenure as a coal traffic manager inadvertently inspired generations of rail enthusiasts, leading to the birth of the 'Trainspotting' subculture, which is basically like birdwatching but for people who prefer their sightings to go 'chug-chug'.. Fact: The only thing hotter than coal traffic management? The debate over whether trains or planes are a better mode of transportβspoiler: it's always trains..
- Headline: 2,500 IN PRENTON GREET NEW BISHOP; Griffin Arrives There for His Enthronement Today--High Dignitaries to Attend. Impact: Bishop Griffinβs enthronement became the catalyst for an annual βBishopβs Dayβ celebration, where the only thing more inflated than the bishopβs ego is the number of cupcakes consumed by attendees.. Fact: Church dignitaries: because nothing says 'spiritual authority' like a fancy hat and a room full of people pretending to listen..
- Headline: HOUSE GETS BILL FOR 'MERCY SHIPS'; Neutrality Act Amendment Would Allow U.S. Vessels to Bring British Children. Impact: The amendment to allow mercy ships inadvertently paved the way for the modern practice of international humanitarian aid, which led to a future where everyone forgot how to say 'no' to sending helpβuntil it became a meme.. Fact: Mercy ships: because nothing says 'we care' like shipping kids across the ocean while still managing to avoid an actual commitment..
- Headline: FLEET PUTS OUT TO SEA; Secret Operations Take Major Units From Hawaiian Base. Impact: The secret operations initiated a wave of conspiracy theories about what really happened in Hawaii, ultimately resulting in a long-standing belief that the U.S. Navy was secretly auditioning for a reality show called 'Survivor: Ocean Edition.'. Fact: If a fleet sails into the ocean and no oneβs around to hear it, does it still make a sound? Spoiler: it probably just sounds like a really bad pop song..
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)