Breakthroughs and everyday innovations from the year.
HEADLINES ON December 8, 1940
Full News Archive
- Headline: Russia Celebrates Red Army's Historic Victory. Impact: If Russia hadn't celebrated its 20th anniversary of the Red Army victory, perhaps they would have skipped straight to world domination. Just imagine a timeline where the Cold War was a casual summer fling instead!. Fact: Did you know that commemorating military victories can be an excellent excuse for a national holiday, or a really awkward family reunion?.
- Headline: 1940 Building Boom Highlights Growth. Impact: The building boom of 1940 set the stage for the suburban sprawl of the 1950s. If only they had known that all those homes would one day become Instagram-worthy 'fixer-uppers'!. Fact: It's ironic that while building was at a peak, the only thing that peaked higher was the 1940s fashion sense. Spoiler: it was not great..
- Headline: Recent Exhibitions in Art Galleries. Impact: This seemingly innocuous review of exhibitions may have inspired the future of modern art galleries, where the most confusing sculptures would eventually sell for millions. Thanks for the heads up, art critics!. Fact: Exhibitions are like first dates: they can either lead to profound connections or awkward silences, depending on the art and the viewer's taste..
- Headline: THE PLANE ON FLOATS; Light Craft Equipped for Water Landings Flown Across the U.S.. Impact: The introduction of seaplanes probably fueled the dreams of future aviators and explorers, setting off a chain reaction leading to the inevitable rise of 'floatplane enthusiasts' on social media. #SeaplaneLife!. Fact: Seaplanes: because who doesnβt want to land on water, just to test if they can swim in style?.
- Headline: Travels and Labors of Mountain Men. Impact: The adventures of mountain men paved the way for the modern outdoor enthusiast, leading to a skyrocketing trend in overpriced camping gear and Instagram influencers posing with their artisanal s'mores.. Fact: Mountain men were the original hipsters: they had beards before it was cool and were all about that 'off-the-grid' lifestyle before Wi-Fi was even a thing..
- Headline: Makers of Machinery Show Rise Of 72 Per Cent in Profits in Year; Combined Earnings of 73 Concerns in Nine Months Put at $74,985,372--Taxes Under 1940 Act Curb Increase. Impact: The rise in machinery profits hinted at the industrial boom that would lead to more machines and less human jobs. Thanks, capitalism! You're a real pal.. Fact: Profits are like toddlers: they grow quickly, but they also require constant attention and an occasional nap... or a bailout..
- Headline: CITY TAKES LEAD IN HOME BUILDING; Bulk of Residential Work Is in Metropolitan Area, Says Thomas G. Grace. Impact: New York Cityβs residential boom led to an apartment crisis that would only get worse, giving rise to the modern phenomenon of living in shoeboxes and calling it 'cozy'.. Fact: Real estate agents in NYC have a secret: 'cozy' is code for 'you'll need to sleep in shifts due to lack of space.'.
- Headline: $47,716,000 ADVANCED FOR HOME FINANCING; Largest Sum for Six Months in History of Bank System. Impact: Ottawaβs victory in football might have sparked an inexplicable love for Canadian football, leading to an underground culture of tailgating and excessive poutine consumption.. Fact: Winning a football title is basically a Canadian mandate to throw a massive partyβcomplete with maple syrup and ice hockey highlights!.
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)