Breakthroughs and everyday innovations from the year.
HEADLINES ON September 5, 1931
Full News Archive
- Headline: Depew's Estate Tax Abatement Victory. Impact: This tax abatement led to a chain reaction where wealthy estates began to think they could negotiate with the government like they were haggling at a yard sale. Fast forward a century, and now we have billionaires claiming theyβre 'too poor' to pay taxes.. Fact: The estate's win might have inspired the future creation of tax loopholes that even Houdini would struggle to escape!.
- Headline: Princeton Receives Peace Award in 1931. Impact: Princeton receiving a medal for peace aid is like giving a participation trophy to someone who just showed up. This event inspired universities worldwide to start crafting their 'peace' resumes, leading to an academic arms race in virtue signaling.. Fact: If you want to win an award, apparently just throw the word 'peace' in your university's name and voilΓ , instant recognition!.
- Headline: Earl Willingdon's Health Crisis in India. Impact: The Earl's ill-fated rest caused a ripple effect of aristocracy realizing that taking a break could lead to even worse health crises, inadvertently inspiring future royals to embrace more 'self-care' daysβlike spa retreats instead of governing.. Fact: Dysentery: the only illness that could send a viceroy to bed faster than a scandal involving a long-lost love child..
- Headline: OUR STUDENTS HELD IGNORANT OF EVENTS; 'Can Discuss Only Prohibition,' Speaker Charges at Mount Holyoke Conference. GIRLS' INTEREST IS PRAISED Others at Parley Cite Active Groups In Women's Colleges Studying World Affairs.. Impact: This shocking revelation about studentsβ ignorance sparked a never-ending quest for knowledge, resulting in the creation of countless educational programs aimed at teaching students about things beyond just 'what's on the menu today.'. Fact: It's ironic that the only thing students seem to know about Prohibition is that it involves a lot of sneaking aroundβkind of like their study habits..
- Headline: 20 DIE IN BARCELONA AS STRIKE IS BROKEN IN ALL-DAY BATTLE; Syndicalists Are Routed by Machine Guns and Hand-toHand Fights in Streets.10,000 TROOPS IN ACTIONMany Rioters Yield and SomeAre Shot Trying to Escape--Cavalry Charges Mob. WOMEN AID BOTH SIDES A Few Join In Shooting and Many Wives Start Counter-Strikes toSend Husbands Back to Work. Extremists Refuse to Quit. Roads Still Entrenched. Twenty or More Slain. BARCELONA STRIKE CRUSHED IN BATTLE Ship Parties Landed. Shout for Soviet. President Macia Criticized. One Killed at Cordoba.. Impact: The violent clash in Barcelona not only crushed a strike but also sparked a wave of revolutionary fervor across Europe, leading to the creation of various 'how to crush a strike' manualsβironically becoming essential reading for future politicians.. Fact: 20 lives lost in a battle that probably could have been avoided with a simple 'letβs just talk about this over coffee' approach..
- Headline: CURTAIL WHISKY OUTPUT; Scottish Distillers Say Duties Are Strangling Industry.. Impact: Scottish distillers cutting back on whisky production inadvertently launched a global obsession with craft distilling, leading to countless hipster bars serving $15 cocktails made with spirits that taste suspiciously like regret.. Fact: The only thing more Scottish than whisky is the number of excuses they come up with when they need to cut backβit's practically a national sport..
- Headline: GIRL HURT FLEEING ARREST; Is Seized as Wayward Minor After Leaping From Window.. Impact: This girl's leap from a window sparked a new trend of 'runaway minors,' leading to future generations of teenagers mastering the art of escapeβbefore they even finish their homework.. Fact: Jumping out of windows seems like an extreme way to avoid a talking-to; maybe she just misunderstood the 'out of the box' thinking concept!.
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)