Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON October 8, 1941
Full News Archive
- Headline: B.F. Goodrich Strike Concludes. Impact: The end of the B.F. Goodrich strike not only allowed tires to roll off the production line again but also led to an unforeseen increase in flat tires nationwide. Apparently, people couldn't resist driving like they were in a Fast and Furious movie, and thus, tire shops thrived for decades.. Fact: Did you know that B.F. Goodrich was the first company to put a rubber tire on a car? So, thanks to this strike, you could say they were literally 'driving' the automotive industry..
- Headline: Elizabethtown Gas Plant Union Victory. Impact: The union victory at Elizabethtown Consol Gas Co paved the way for future labor movements. Imagine a world where workers didn't have any laws protecting them. Oh wait, that was just the 1800s! Thanks to this victory, we now have the 'right' to complain about our jobs while sipping overpriced coffee.. Fact: Fun fact: the CIO was initially formed to organize workers in mass production industries. Guess they took 'mass' to heart; they could have used a little more 'quality' in their strategy..
- Headline: Coal Dispute Renewed Hearing. Impact: The NDMB's continued hearings on the UMWA dispute meant that miners would spend even more time in meetings than actually mining coal. This led to an unexpected increase in coffee consumption, making it the true fuel of the mining industry.. Fact: The United Mine Workers of America has a rich history of advocating for miners' rights. If only their negotiation skills were as effective as their ability to find the nearest diner..
- Headline: Text of Secretary Welles's Address at the World Trade Dinner Here. Impact: Secretary Welles's address at the World Trade Dinner sparked a series of international trade agreements, which eventually led to the creation of those 'amazing' items we now call 'Chinese knock-offs.' Thanks for that, Welles!. Fact: The National Foreign Trade Council still exists today, proving that some things are just too boring to die out, like a bad sitcom that keeps getting renewed..
- Headline: Japanese Warn U.S.. Impact: The Japanese warning to the U.S. about their economic situation sent shockwaves through Wall Street, leading to a series of overly dramatic stock market reactions. Who knew distant economic woes could ruin lunch plans?. Fact: In 1941, the U.S. and Japan would have a much more explosive disagreement. Spoiler alert: it didn't end well for anyone involved..
- Headline: Detroit Mayor Renominated. Impact: Detroit Mayor Jeffries's renomination signaled to the world that, yes, politics is indeed a game of musical chairs where the music never stops playing. You could say his seat was more secure than the average car's steering wheel in Detroit.. Fact: Detroit has seen more mayors than most people have seen pairs of shoes. If only they could be as durable as the cars their city is famous for..
- Headline: New Union at Kearny Yard. Impact: The filing of the Independent Shipbuilders Union at Kearny Yard would eventually lead to the great shipbuilding rivalry of the 1950s, resulting in more dramatic union meetings than a season finale of any reality show.. Fact: Shipbuilding has been around since ancient times, proving that people will always find a way to argue over who gets to build the biggest boat..
- Headline: Studebaker Employes Idle. Impact: Studebaker's employees going idle was a harbinger of doom for the company, ultimately leading to its demise. Little did they know, this would become a cautionary tale for future businesses: don't stop making things or your factory might turn into a museum.. Fact: Studebaker was one of the first companies to mass-produce cars, showing that even giants can stumble when they forget how to keep their wheels turning..
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1941, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1941, it would be worth $147,887 today (147.9x return)