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HEADLINES ON July 30, 1931
Full News Archive
- Headline: Craig's Controversial Pier Lease Appearances. Impact: The Pier Lease cases sparked a series of bureaucratic nightmares that would eventually lead to the invention of the 'perpetual motion' machine – known today as the government inquiry committee. Who knew questioning city officials could create a time loop of inefficiency?. Fact: If you thought your city's bureaucracy was a mess now, just wait until you hear about the paperwork involved in leasing pier space back in the day!.
- Headline: Strachan Resigns as Hockey Club President. Impact: Strachan's resignation sent shockwaves through the hockey world, leading to an immediate spike in amateur players trying to take over ice rinks. This paved the way for the eventual rise of backyard hockey games and the creation of the phrase 'just one more goal!'. Fact: Hockey presidents resign like they’re changing socks. Good luck finding one who lasts longer than a winter freeze!.
- Headline: Noble Star Triumphs in Goodwood Stakes. Impact: Noble Star's victory at the Goodwood Stakes inadvertently inspired several future racehorse names based on celestial bodies, leading to a rise in astrology-themed gambling. Millions were lost in bets on 'Pluto's Revenge' and 'Mercury in Retrograde'.. Fact: Horse racing: the only sport where you can lose money betting on a creature that literally runs for its life!.
- Headline: MOE'S ELIMINATION MARKED GOLF TESTS; Oregon Star's Failure by One Stroke to Qualify for U.S. Amateur Chief Upset. STELLAR FIELD TO COMPETE Evans, Johnston, Guilford, Ouimet and Marston, Ex-Champions, Survived the Preliminary Round. Many Stars on the Coast. Fault of Other Years Corrected. Surprises in Some Districts.. Impact: Moe's elimination from the golf tests triggered an avalanche of golf enthusiasts embracing the 'just because you can’t qualify doesn’t mean you can't wear plaid' mentality. Thus was born the era of the weekend warrior golfer!. Fact: Golf: the sport where the ball is the only thing that should be in the hole, but many spectators end up there after downing a few too many cold ones!.
- Headline: Hudson's Bay Co. Loses Heavily.. Impact: Hudson's Bay Co.'s financial losses led to a series of panic sales, resulting in countless 'Going Out of Business' signs across the country. This would eventually inspire the retail industry's most overused marketing tactic: the perpetual clearance sale.. Fact: If you think retail therapy is effective now, just wait until you see how those 50% off signs were invented out of desperation!.
- Headline: SHOT DEFYING THUGS, SAVES $15,000 GEMS; Fifth Avenue Jeweler Hurls a Phone Through Window as Pistol Menaces Him. PAIR FLEE IN NOON CROWD Robber Forces Lefcourt Building Elevator Man to Aid Flight After Threatening Girl.. Impact: The jewelry heist foiled by a brave jeweler led to the creation of superhero personas among local shopkeepers, inspiring the 'Vigilante Retailer' movement. Batman may have had Gotham, but the jeweler had Fifth Avenue!. Fact: It’s always the quiet ones you have to watch out for. Who knew a jeweler could be so heroic? Next thing you know, he’ll be fighting crime in a cape!.
- Headline: SMITHSONIAN BACKS DRIVE ON MEDIUMS; Government Institution Denies Evidence That Any Person's Future Is Predictable. MAGICIANS PLAN TEST CASE Society, Working to Rid City of Soothsayers, Would Bring Astrologers Up for Court Ruling. Futures Held Not Predictable. To Attack City Judge's Ruling.. Impact: The Smithsonian's stance against predicting the future caused a rift among magicians, leading to a secret society of fortune-tellers who met in basements, eventually resulting in the modern-day reality TV psychic craze. Thanks, Smithsonian!. Fact: Turns out, predicting the future is much like trying to forecast the weather—everyone’s got an opinion, but nobody knows for sure!.
- Headline: ITALY ARGUES AT HAGUE.; Says League Has Power Over Austro-German Customs Union.. Impact: Italy's arguments at the Hague initiated a domino effect that led to countless international disputes over customs and trade, eventually resulting in the birth of the phrase 'it's not what you know, it's who you know' in global politics.. Fact: Who knew a customs union debate could spark a thousand diplomatic faux pas? Welcome to international relations!.
- Headline: SEEKS FARM BOARD WHEAT; Oklahoma Officitl Would Give It to Needy Through States.. Impact: Oklahoma's farm board proposal to distribute wheat to the needy led to an increase in community gardens and local farming initiatives. Ironically, this created a new economic class of 'vegetable barons' who hoarded zucchinis instead of gold.. Fact: Nothing says 'I'm helping the needy' quite like hoarding your neighbor's tomatoes. Welcome to the world of altruistic gardening!.
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)