Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON February 12, 1931
Full News Archive
- Headline: Auto Club Advocates Headlight Law Enforcement. Impact: This request would eventually lead to a world where people could see at night, thus preventing countless accidents and making it safer for raccoons to cross the road. Who knew headlights could save so many lives... and raccoon families?. Fact: Fun fact: Before headlights, people relied on the moon to light their way. Which might explain why so many took up nocturnal hobbies like 'walking into things' and 'tripping over their own feet.'.
- Headline: Bank Inquiry Stay Argument in Albany. Impact: This inquiry would eventually lead to the concept of transparent banking practices, because nothing screams 'trust us' like a courtroom filled with people judging your every financial decision. Talk about a confidence boost!. Fact: Courtroom dramas are the original form of reality TV. Who needs 'Survivor' when you can watch lawyers battle it out over who forgot to file their paperwork?.
- Headline: YOUNG WIDOW MISSING, KIDNAPPING IS FEARED; Mrs. Myrtle Stella Reported Gone Since Feb. 3 by Friend, Known as Police "Adonis.". Impact: The mystery of Mrs. Myrtle Stella's disappearance would spark a decade of amateur sleuthing, leading to the rise of true crime podcasts and a nation obsessed with solving cold cases. It's almost like we needed a distraction from our own mundane lives.. Fact: True crime has become so popular that itβs practically a national pastime. Who needs board games when you can speculate wildly about the fate of a missing person?.
- Headline: STOLEN NOTES START NORTH BERGEN INQUIRY; Drewen to Sift Theft of Town Certificates for $80,000 From Jager, Treasurer.. Impact: The fallout from this theft led to stricter regulations on municipal finance, which would later be cited as the reason for many a town's 'creative accounting' practices. Because when there's money involved, there's always a chance for a little mischief.. Fact: The phrase 'money talks' was originally coined in towns like North Bergen, where it was more likely to scream 'Iβm missing!'.
- Headline: Workman, Hurled Off Span, Killed.. Impact: This tragic event served as a catalyst for stricter safety regulations on construction sites, ultimately saving countless lives in the years to come. A heartbreaking loss that paved the way for better worker protection.. Fact: The Kill van Kull bridge has seen its share of tragedies, reminding us all of the importance of safety gear and the unfortunate consequences of gravity..
- Headline: COLLECTOR FOUND SLAIN.; Police Believe He Was a Victim of East Side Gangsters.. Impact: The murder of this collector led to an uptick in organized crime investigations, ultimately resulting in the infamous mob movies of the 1970s. Thanks to this unfortunate event, we got βThe Godfatherββwhat a trade-off!. Fact: The term 'gangster' became popular during the 1920s, but itβs believed to have originated from a mispronunciation of 'can I borrow some money?'.
- Headline: PLANS TO ENLARGE EBBETS FIELD MADE; Court Asked to Approve Financial Move to Increase CapacityFrom 23,000 to 40,000.DECISION DUE TOMORROW,Construction of New Grandstands toStart Monday if FavorableRuling Is Returned. Prepared to Start Work at Once. Thousands Turned Away.. Impact: This expansion would eventually lead to the phenomenon of stadiums filled with thousands of fans, all cheering for teams that would inevitably break their hearts. A beautiful cycle of hope and despair, all thanks to a few extra seats.. Fact: Ebbets Field was home to the Brooklyn Dodgers, who famously broke hearts long before they left for Los Angeles. A classic case of 'you don't know what you've got until it's gone.'.
- Headline: BANKUS BOARD SUED FOR $50,000,000 LOSS; Trustee in Bankruptcy Charges It With "Wrongful Acts and Negligent Omissions." DEMANDS AN ACCOUNTING Asks Court to Determine Individual Share of Losses That Each Director Should Pay.. Impact: This lawsuit would inspire countless boardroom dramas and legal thrillers, ensuring that every corporate executive learned the hard way that negligence is not just a slap on the wrist but also a potential box office hit.. Fact: The term 'negligent omission' is just a fancy way of saying 'I forgot,' but with much higher stakes and a lot more paperwork..
- Headline: SCULLIN ASKS BRITAIN TO CUT DEBT INTEREST; Australian Premier Seeks Reduction in Rate Similar to OurAction for England.. Impact: This plea would set off a wave of international negotiations, leading to the eventual realization that asking for help is often met with a polite nod and a 'Weβll think about it.' A classic diplomatic move.. Fact: Asking for a debt reduction is like asking for a raise; there's a 50% chance you're going to be met with awkward silence and a lot of βlet me get back to you on that.β.
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)