Breakthroughs and everyday innovations from the year.
HEADLINES ON August 15, 1940
Full News Archive
- Headline: Bronx Zoo Announces New Payment Schedule. Impact: Due to the confusion caused by the new payment days, a family mistakenly visited the zoo on a free day, leading to an influx of visitors who later became wildlife activists, sparking an animal rights movement that would influence legislation for decades.. Fact: In the grand scheme of things, changing 'Pay' days at a zoo is truly the catalyst for animal liberation. Who knew a ticket change could lead to a revolution?.
- Headline: Farm Milk Price Set at $1.68. Impact: This seemingly mundane price setting led to a dramatic increase in milk consumption. Years later, a milk shortage sparked the Great Milk Wars of the 1950s, where people fought over dairy products at grocery stores.. Fact: Setting a price is just another way to say, 'Let the dairy drama unfold!' Because who doesnβt love a good milk-related conflict?.
- Headline: Flynn Responds to Willkie's Accusations. Impact: Flynn's comments created a ripple effect that led to more politicians using creative insults in debates, eventually contributing to the rise of reality TV politics we know today.. Fact: Insults in politics are as old as time, but at least now they come with dramatic music and commercial breaks!.
- Headline: ARKANSAS GOVERNOR LOSES 3D-TERM RACE; Bailey Runs Behind H.M. Adkins --Senator Thomas Idaho Victor. Impact: Bailey's defeat led to a series of events that turned Arkansas into a political battleground, leading to the creation of the 'Arkansas Playbook' for aspiring political losers.. Fact: Losing elections is an art form in Arkansas; they might as well hand out participation trophies for effort!.
- Headline: Alaska Air Base Tie-Up Averted. Impact: The averted labor dispute not only kept military operations running smoothly but also led to the establishment of the 'Labor Peace Treaty,' which would later be referenced in every negotiation since.. Fact: Nothing says 'national security' quite like a bunch of angry workers at an air base. Just imagine the chaos if they didnβt have a peace treaty!.
- Headline: SILK MAKER URGES PROTECTED FABRICS; Mills With Small Output of Fine Goods Can Make U.S. Style Mart, Cheney Holds OUR MATERIALS PRAISED Fashion Experts Call Them Finest in World, but Mass Production Is Problem. Impact: This push for protected fabrics led to a fashion revolution, where American-made silk became the go-to fabric, creating a bizarre trend of 'silk wars' between fashion houses that still echoes in today's haute couture.. Fact: Silk: the fabric so luxurious that it can cause wars over who gets to wear it. Who knew materials could be so pretentious?.
- Headline: MOVES TO EXPAND OLD-AGE INSURANCE; Wagner Urges 10,000,000 Now Excluded Be Brought Under the Social Security Law FOR AID TO POORER STATES Senator Also Asks Unemployment Pay for 5,000,000More Wage Earners. Impact: This expansion of old-age insurance created a safety net that ultimately changed the retirement landscape, leading to the creation of the infamous 'Florida Retirement Community' phenomenon.. Fact: Without expanded old-age insurance, who knows? We might still have people trying to retire in their 20s instead of 80s!.
- Headline: 75 WORKERS PICKET DELANEY OFFICES; 'Extras' Say They Were Not Taken Over Under Unification. Impact: This picket inspired future generations of workers to realize the power of collective action, which led to the creation of 'Picketing 101' courses in community colleges nationwide.. Fact: Picketing: the original way of saying, 'We donβt like this!' long before social media gave everyone a platform..
- Headline: WEIGH SINGLE BILL ON AMORTIZATION; House Committeemen Bring to the Fore Idea of Separate Profits Tax Legislation VITAL TIME-SAVING SEEN As Joint Hearings End, Knudsen Says Army of 1,200,000 Can Be Equipped by Oct. 1, 1943. Impact: The discussion of profits tax led to an era of tax evasion creativity that still has accountants spinning in their graves today.. Fact: Ah, the joys of tax legislation: where accountants become the true magicians of the financial world, conjuring deductions out of thin air!.
- Headline: FIRST VOTERS OPEN DRIVE; League, Supporting Willkie, Is Praised by Root Aide. Impact: The formation of the First Voters League sparked a surge in youth engagement, resulting in an unprecedented number of 'I Voted' stickers being produced, making them the hottest accessory of the decade.. Fact: Voting is like a fashion trend; every election season, you'll find a new accessory that says, 'I participated!' or 'I just wanted a sticker!'.
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)