Breakthroughs and everyday innovations from the year.
HEADLINES ON January 4, 1930
Full News Archive
- Headline: The Birth of a New Jersey Parkway. Impact: This parkway proposal led to a series of design flaws and traffic jams that would inspire an entire genre of road rage videos in the future. Thanks, South Mt and Eagle Rock Reservations!. Fact: Fun fact: New Jersey is the only state where you can be stuck in traffic for three hours just to get to a diner. Bon appΓ©tit!.
- Headline: Clarifying Court Radio Order Moves. Impact: This legal kerfuffle sparked a chain reaction that eventually led to your grandkids being able to stream cat videos on their smart fridges. Ah, progress!. Fact: Did you know that without these legal battles, we might still be stuck with dial-up internet and AOL Instant Messenger? Thank you, technology lawyers!.
- Headline: ADMIT LOW WAGES FOR SUBWAY WORK; Four Contractors Testify at Hearing They Paid Less Than $1.50 an Hour for Carpentry. SAY AVERAGE IS 80 CENTS R.A.W. Carleton, Carl Pierleoni, J.A. MacDonald and O. Lamporter Questioned Before Prial.. Impact: The revelation of these low wages paved the way for future labor movements, making it possible for workers to eventually demand a living wage. Who knew carpentry could be so revolutionary?. Fact: Interestingly, if carpenters had been paid more, they might have been able to afford lunch breaks instead of just 'working lunches' at the subway station..
- Headline: JUDGE SMYTH TAKES BENCH; Associates Induct New Jurist in Westchester Children's Court.. Impact: Judge Smythβs induction marked the beginning of a long legacy of fair rulings, which would eventually inspire a reality TV show about courtroom drama. Because nothing says justice like a reality show!. Fact: Did you know that children's court judges often have to deal with more drama than daytime soap operas? Talk about a tough gig!.
- Headline: Coolidge Is Found Firm in Self-Effacement, As Best Way for His Quiet Support of Hoover. Impact: Coolidge's low profile was so effective that it set the standard for future politicians who would prefer to tweet their opinions rather than actually show up. The art of political invisibility was born!. Fact: Did you know that being self-effacing might have been Coolidge's strategy to avoid all the political drama? Too bad it didn't work in the age of social media!.
- Headline: BACKS DOG TORTURE STORY; Missouri Humane Society Offers $500 Reward for Proof.. Impact: This story ignited a wave of animal rights activism. If only those dogs could talk, theyβd probably ask for a raise too!. Fact: Did you know that offering rewards for proof of dog torture led to a slew of headlines that would make even the most stoic dog lover shed a tear?.
- Headline: UTILITY REGULATION CALLED A FAILURE; M.L. Cooke Also Says Light Industry Is Conducted Like "aGreat Secret Society."URGES RADICAL CHANGES He Says Commissions Should AllowAny Valuation, but ExerciseAdministrative Control.. Impact: Cookeβs comments led to a series of reforms that made utilities more transparent. The phrase 'secret society' now applies only to book clubs and conspiracy theorists.. Fact: Did you know that the only thing more confusing than utility regulations is trying to understand your next electric bill? Good luck!.
- Headline: PIONEER MINER DIES AT 63.; "Coolgardie" Smith of Vancouver Was Known on Three Continents.. Impact: The death of this pioneer miner marked the end of an era for prospectors, leading to a decline in gold rushes and a rise in speculative real estate investments. If only he had invested in Bitcoin!. Fact: Interestingly, 'Coolgardie' was not just a nickname but also an indication that he might have been a bit too cool for the mining scene. Rest in peace, Coolgardie Smith..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1930, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1930, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1930, it would be worth $474,913 today (474.9x return)