DECEMBER 4, 1943

Full News Archive

• Headline: Colonel Alfredo Lora's Impact in 1943. Impact: If Lora had never existed, we might have had an entirely different military strategy. Or maybe we just wouldn't have had such amusing names in history books.. Fact: Alfredo Lora was known for his impeccable fashion sense in military uniforms. Who knew the army had a runway?.
• Headline: Utility Contribution Approved in 1943. Impact: The SEC’s decision to remove dividend restrictions led to waves of investors suddenly feeling brave enough to put their money in the stock market—without a parachute.. Fact: Removing restrictions is what we call 'letting the kids run with scissors' in finance..
• Headline: Historic Stock Exchange Transaction. Impact: The $44,000 seat sales at the stock exchange became a trendsetter for overpriced seats at events—thanks, Wall Street, for making it totally normal to pay a fortune to watch rich people get richer.. Fact: In today's world, $44,000 is just about what you'd pay for a front-row seat at your favorite concert—if your favorite concert was a bunch of suits arguing..
• Headline: WILLIAMSON, YOUNG ARGUE BOND PRICES; Heads of N.Y. Central and C. & O. Review Testimony of Latter Before ICC HE DEFENDS HIS REMARKS Williamson Sees 'Insulting Slur' in Comment on His Road's Securities. Impact: Williamson’s protest over slurs on bond prices may have inadvertently led to an increase in the use of fancy legal jargon—because who doesn’t love a good slur-fest?. Fact: In the world of finance, a slur is basically just a more dramatic way to say 'I don’t agree with you.'.
• Headline: 1,000 BIG BOMBERS, 7,789 OTHER PLANES BUILT IN NOVEMBER; Record Productions Achieved at Pace of One Every Five Minutes Around Clock NEW PEAKS IN NAVY YARDS 250,000-Ton Output Is Largely of Combat Ships, Among Them Many Aircraft Carriers 1,000 BIG BOMBERS BUILT IN NOVEMBER. Impact: The record production of bombers might have inadvertently inspired the future of fast food manufacturing—if they can build a bomber every five minutes, why not a burger?. Fact: If you're ever feeling down, just remember that 1,000 bombers were built in one month. Meanwhile, I still can't get my laundry done on time..
• Headline: RAF's Twin-Target Tactics Show Power in Month's Blows at Reich; RAF TACTICS SHOW POWER OF ATTACK. Impact: The RAF's twin-target tactics were so effective that they inadvertently inspired future video game developers—who knew bombing runs would pave the way for Call of Duty?. Fact: Twin-target tactics sound great until you realize they probably just meant they were bad at aiming..
• Headline: NON-VITAL IMPORTS ARRIVE FROM AFRICA; Cover Briarwood Shipment of 1,407 Bags -- First Revealed Since Trade Arrangement. Impact: The arrival of non-vital imports from Africa sparked an underground black market for 'really unnecessary goods'—because sometimes you just need a plush giraffe.. Fact: Briarwood's shipment of 1,407 bags was the early 20th-century version of the 'mystery box' trend..
• Headline: GEORGE MAMMEN. Impact: George Mammen’s headline proves that even in history, some people just get mentioned to fill space—hey, at least he has a name that rolls off the tongue!. Fact: Mammen's biggest contribution? Being the person everyone forgets—like the third wheel on a bad date..
• Headline: Cox Retracts Admissions on Betting, Gets New Hearing Before Landis Today; HARRIS IS CALLED BY COMMISSIONER Phils' Ex-Manager Summoned to Hearing Asked by Cox -Big League Sessions End OWNERS HEAR ROBESON Organized Baseball Urged to Admit Negro Players -- Up to Each Club, Landis Replies. Impact: Cox’s retraction on betting admissions led to a chain reaction of baseball players thinking they could hide their gambling habits—spoiler alert: they couldn't.. Fact: K M Landis firmly believed that admitting Negro players was like admitting you forgot to bring snacks to a party—it's just not done!.