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 July 21, 1942
Full News Archive
- Headline: House Votes 90% Profits Tax in 1942. Impact: When the House decided to tax corporations at a dazzling 90% profit rate, it sent shockwaves through the business world. This inadvertently led to a secret society of corporate tax evaders who invented offshore accounts, which, in turn, paved the way for the global economy we're all 'enjoying' today. Thanks, House!. Fact: Did you know that after this tax decision, corporations considered hiring clowns as financial advisors? Turns out, they were already used to juggling their books..
- Headline: Tragic Loss of Cadets in Texas. Impact: The tragic passing of Cadets P L Welch and C W Torrens not only impacted their families but also sparked a wave of safety reforms in military training. This eventually led to the establishment of protocols that might have saved future lives, though no one can say why it took this particular tragedy to initiate change.. Fact: Interestingly, military training has evolved so much that if these cadets were alive today, they'd probably be training with virtual reality headsets instead of real-life drills..
- Headline: New Study on Milk Costs in Jersey. Impact: The hiring of expert Dr. Spencer to study milk costs led to a dairy revolution. Who knew that understanding milk distribution could lead to the rise of artisanal cheese shops? This would later inspire hipsters everywhere to add a sprinkle of truffle oil to everything, including their morning coffee.. Fact: Fun fact: The first person to demand a latte with oat milk was likely just trying to avoid the dairy crisis that was sparked by Dr. Spencer's report!.
- Headline: WOMAN OCD LEADER SEEKS CORPS SPIRIT; Mrs. Bunzl, New Director of Recruiting Here, Plans 'a Little Morale Building' MORE WORKERS NEEDED ' Word of Mouth' Campaigns Reported Most Effective Way to Get Them. Impact: Mrs. Bunzlβs recruitment drive for the OCD was a pivotal moment in organizational history. Her 'little morale-building' sessions laid the groundwork for future team-building retreats that would soon feature trust falls and awkward icebreakersβbecause nothing says 'team spirit' like a room full of people forced to share their most embarrassing moments.. Fact: Did you know that the phrase 'word of mouth' was originally coined during a particularly long and boring meeting? The first person to whisper it ended up being the most popular in the office!.
- Headline: MITCHEL IS HONORED BY ARMY AND FRIENDS; 22d Pilgrimage Is Made to His Grave in the Bronx. Impact: The pilgrimage to honor Mitchel's grave became a yearly event that inadvertently turned into a competition for who could leave the most extravagant tribute. This led to the rise of bizarre grave offerings, which would later inspire reality shows about eccentric memorials. Who knew death could be so entertaining?. Fact: Pilgrimages used to be a serious affair, but now they often include selfies and hashtags, because if you didn't post about it, did it even happen?.
- Headline: PROF. LUIGI CONSTANTINO; White Plains Pianist-Composer Wrote Opera 'Simplon'. Impact: Professor Luigi Constantino's opera 'Simplon' was so influential that it unintentionally inspired a wave of aspiring composers who thought they could do better. This led to a surge in the number of operas nobody asked for and a few that were actually quite decent, proving that mediocrity breeds creativity.. Fact: Did you know that opera audiences used to throw tomatoes at bad performances? Today, they just tweet about themβprogress!.
- Headline: Elwyn Evans on du Pont Board. Impact: Elwyn Evans joining the du Pont board marked a significant shift in corporate governance that led to the eventual realization that having someone named Elwyn on your board would become a trendy thing to do. Fast forward, and now everyone wants a quirky name on their advisory teams.. Fact: Fun fact: If you say 'Elwyn' three times fast, you summon a board meeting about innovation and stakeholder engagement..
- Headline: SEEKS END OF SHORTS BAN; Yonkers Mayor, a Doctor, to Ask Repeal of Ordinance. Impact: The Yonkers Mayor's quest to repeal the shorts ban not only liberated the legs of countless citizens but also sparked a nationwide debate about fashion freedom, paving the way for the great 'shorts in winter' controversy. Who knew that legs could be such a hot topic?. Fact: Did you know that the shorts ban was initially inspired by a secret underground society of pants enthusiasts? They just couldn't handle the competition!.
- Headline: FOES COLLIDE IN SEA FIGHT; 2 Light British Craft Sink 2 of 6 Nazi Mine Sweepers. Impact: The clash between British light craft and Nazi minesweepers turned out to be a pivotal moment in naval warfare, leading to innovations in tactics and technology. Ironically, it also inspired a line of children's toys that allowed kids to recreate the battleβbecause what kid doesnβt want to play war in the bathtub?. Fact: Fun fact: The real enemies in that battle were actually the sailors' complaints about the ship's food, which was also known as 'mystery meat.'.
- Headline: EASTMAN SAYS OARS FACE A BUMPY ROAD; Non-Essential Driving May Be Cut Out Through Some Form of Control, He Warns WAR NOT APPRECIATED YET Head of ODT Tells Traffic Men at Milwaukee Parley Little Rubber Is on Hand. Impact: J B Eastman's warning about non-essential driving and the rubber shortage led to the creation of carpooling and public transport advocacy. Who could have imagined that a simple speech would fuel the rise of the 'No, I can't give you a ride' movement?. Fact: Did you know that before carpooling was a thing, people just pretended to be busy? Ah, the good old days of socially acceptable fibbing!.
Wall Street Time Machine
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1942, it would be worth $147,887 today (147.9x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1942, it would be worth $474,914 today (474.9x return)