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HEADLINES ON September 2, 1931
Full News Archive
- Headline: First Freeze of 1931 in Adirondacks. Impact: The first freeze since May in the Adirondacks set off a chain reaction of sweater production, leading to a fashion revolution in 2020 where everyone pretended they loved the cold after years of wearing shorts in winter.. Fact: Did you know that the Adirondacks are home to some of the best winter sports? Too bad this freeze probably just made everyone grumpy instead of grabbing their skis..
- Headline: President Delays Budget Amid Economic Concerns. Impact: By delaying the budget, the President inadvertently inspired a new trend in procrastination that would eventually lead to an entire generation of kids thinking 'I'll just wing it' was a valid life strategy.. Fact: Fun fact: The last time someone deferred a budget, it resulted in a global shortage of rubber bands because everyone was too busy holding things together with hopes and dreams..
- Headline: Walker Gifts Doll to Radio Star. Impact: This charming doll delivery led to the invention of the phrase 'Itβs the thought that counts'βan excuse used for poorly chosen gifts for generations, particularly for birthdays and holidays.. Fact: Did you know that dolls have been around for thousands of years? And yet, somehow, they still can't manage to hold a decent conversation..
- Headline: UTILITY EARNINGS. Impact: These utility earnings reports were so dry they made history textbooks look like thrillers, leading to a rise in caffeinated drinks among accountants who could only dream of excitement.. Fact: Did you know that utility company reports have been known to cure insomnia? A perfect bedtime read!.
- Headline: NEW OFFER IN CAR STRIKE.; Havana Company Would Give 35 Per Cent of Receipts to Men.. Impact: This offer in the car strike sparked a wave of negotiations that led to all subsequent labor strikes including the bizarre 'Bring Your Cat to Work' dayβa day no one wanted to repeat.. Fact: Did you know that 35% of receipts is basically just a fancy way of saying 'we're still not giving you what you deserve'?.
- Headline: 3 RESCUED ON YACHT AFIRE IN THE SOUND; City of Lowell Saves Men on Buccaneer Off Saybrook and Puts Out Blaze.. Impact: The rescue of three men from the flaming yacht led to a trend in luxury yachts being equipped with fire extinguishers, which eventually sparked the 'safety over style' movement we see today in boating magazines.. Fact: Did you know that yachts have been known to catch fire more often than some of our favorite TV shows get canceled? Talk about a dramatic ending!.
- Headline: PERNAMBUCO HAILS ZEPPELIN'S ARRIVAL; Crowds Cheer as Airship Lands in Brazil After 70-Mile-anHour Flight From Germany.SHIP TO START BACK TODAYWill Take Off After Refuelling andReceiving Passengers and MailBrought to Port by Plane.. Impact: Zeppelin's arrival in Pernambuco made airship travel seem glamorous, leading to a brief but intense wave of people trying to fly their kites at dizzying heights, resulting in many tangled messes.. Fact: Did you know that airships were once considered the future of travel? Too bad they didn't have a solid plan for, you know, not exploding..
- Headline: FOSHAY AND AIDES ON TRIAL; Fraud in $29,000,000 Security Sale Charged at Minneapolis.. Impact: The trial of Foshay and his aides led to the establishment of more rigorous regulations in finance that continue to frustrate billionairesβwho now have to actually pretend to care about ethics.. Fact: Did you know that the amount of fraud in the finance world is directly proportional to the amount of coffee consumed in boardrooms? Itβs a scientific fact!.
- Headline: RAID BEER PLANT.; Dry Agents Seize 300 Half Barrels and Arrest 3 in West 45th St.. Impact: The beer plant raid not only showcased the ongoing battle against Prohibition but also inspired a generation of home brewers who believed they could create 'the next big thing'βwhich was mostly just bad beer.. Fact: Did you know that raiding a beer plant is basically the 1920s version of crashing a party? Itβs just a bunch of people trying to have a good time getting shut down..
- Headline: EAST HAMPTON SEES THREE ART SHOWS; Paintings of Hamilton King and Carroll Wainwright Placed on View. PASTEL PICTURES ADMIRED Architectural Sculpture Exhibit Advances Modernistic Items inMorgan Gallery.. Impact: Three art shows in East Hampton inspired an entire culture of 'artsy' brunches, where people sip overpriced lattes while pretending to appreciate abstract art they don't understand.. Fact: Did you know that art shows are the original 'Instagrammable' moments? Long before selfies, there were people awkwardly posing next to strange sculptures!.
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)