Breakthroughs and everyday innovations from the year.
HEADLINES ON January 14, 1931
Full News Archive
- Headline: Prohibition Fund Hearing Kicks Off. Impact: The end of liquor buying as evidence led to the rise of speakeasies, which in turn inspired a generation of jazz music and flapper culture. Little did they know, this would also result in the invention of the cocktailβa drink that would forever haunt the lives of many a college student.. Fact: Did you know that the Prohibition era sparked the rise of organized crime? Because nothing says 'America' like bootlegging and good old-fashioned lawlessness!.
- Headline: Protests Over Silesia Minority Rights. Impact: This protest marked a pivotal moment that would later contribute to the tensions leading up to World War II. The ripple effect? A certain mustached fellow gained notoriety for his public speaking skillsβthough he might have been better off taking up knitting.. Fact: The League of Nations was like the UN's awkward older siblingβit had good intentions but never quite got it right. Spoiler alert: they didn't stop WWII either..
- Headline: Miss Livingstone's Bail and Court Drama. Impact: Miss Livingstone's escapades might've inspired a wave of rebellious Hollywood narratives, influencing everything from film noir to rom-coms. Who knew that a night in jail could lead to a cinematic universe?. Fact: In the world of celebrity arrests, Miss Livingstone set the bar high. Who needs reality TV when you can have real-life drama involving roof escapes and high spirits?.
- Headline: SMITH ELECTED BY CLUB.; Made President of the Empire State Luncheon Group.. Impact: Smith's presidency over a luncheon group paved the way for countless boring meetings that would eventually lead to the invention of the lunch meetingβwhere productivity goes to die.. Fact: Being president of a luncheon group is probably the only job where your main duty is to ensure that everyone has enough cake. Talk about a sweet gig!.
- Headline: ACT TO DEPORT ALIEN IN CRIME ROUND-UP; Police Surrender Frank Curte of Brooklyn as an Undesirable to Federal Authorities. 30 HOLD-UPS LAID TO SEVEN Five of Gang Seized in Brooklyn, Two in Kearny, N.J.--Four Are Linked to Killing in Kings.. Impact: This event contributed to the ongoing narrative of criminality associated with immigrants, shaping policies that would echo through the decades and lead to some truly questionable immigration laws.. Fact: Deportation for criminal activity? Sounds familiar! It's like history took a break for a few decades and then came back with a sequel nobody asked for..
- Headline: 15 Billions Invested Abroad By Americans, Despite Slump. Impact: This massive investment abroad could have led to the rise of a global economy, which eventually made it possible for Americans to enjoy cheap foreign goodsβwhile simultaneously complaining about outsourcing.. Fact: Investing billions abroad while in a slump? Itβs like buying a fancy watch while your bank account is screaming βplease donβt.β.
- Headline: PARIS LOWERS BAN ON STANDARD GOLD; Move Will Eliminate Need to Refine Metal Withdrawn From Bank of England. HOPE FOR CURB ON INFLUX French Believe Strengthening Effect on Sterling and More Definite Transfer Point Will Aid.. Impact: Lifting the ban on standard gold could have shifted the economic power dynamics, potentially enabling gold bars to become the new Bitcoinβjust without the flashy tech and memes.. Fact: Paris and gold have always had a complicated relationship. Itβs like theyβre on-again, off-againβmostly off, until someone realizes that shiny things attract attention..
- Headline: BRITISH HEIR GETS VIEWS OF CUTLERS; Prince of Wales in Conference Before Argentine Trip Shows Keen Interest in Trade. WANTS TO INCREASE SALES Asks Where Best Prospects for Exports Are to Be Found--Ship Altered for Princes.. Impact: The Prince's interest in trade marked the beginning of the British Empire's obsession with global commerce, setting the stage for an era where tea and textiles ruled the worldβand where everyone else was just trying to keep up.. Fact: Nothing says royal like being interested in cutlery. Perhaps he was just trying to figure out which fork to use for his next royal banquet!.
- Headline: TWO SLAIN IN SOFIA CAFE.; Protogeroff Adherents Believed Shot by Mihailoff Followers.. Impact: A tragic reminder of the political violence that marked this era, leading to escalating tensions in Eastern Europe that would eventually boil over into larger conflicts.. Fact: The cafΓ©βa place for casual conversationβbecame a battlefield. Just goes to show that you never know if your coffee will come with a side of chaos..
- Headline: WIGGIN PROPOSALS ASSAILED IN HOUSE; Treadway Calls Counsel for Tariff and Wage Cuts 'Selfish' in Behalf of the Wealthy. HOLDS DEBT ISSUE SETTLED Dunbar Doubts Payment by Any Except Britain--A.F. of L. Reply Cites Hoover Board Policy.. Impact: Wiggin's proposals might have sparked debates that influenced economic policies for years to come, laying the groundwork for a cycle of 'let's play with tariffs' that continues to this day.. Fact: Ah, the age-old battle of the wealthy vs. the average Joe. Politicians arguing over tariffs is like watching toddlers fight over a toy: loud, messy, and ultimately pointless..
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1931, it would be worth $586,657 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1931, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1931, it would be worth $487,500 today (487.5x return)