Breakthroughs and everyday innovations from the year.
HEADLINES ON December 21, 1931
Full News Archive
- Headline: Shires' Batting Championship Victory. Impact: Shires' batting average inspired countless aspiring players to swing for the fences, leading to the invention of the 'batting cage'βwhich ultimately replaced the traditional backyard baseball games with awkward family outings.. Fact: Did you know that hitting a baseball is one of the hardest things to do in sports? Apparently, Shires just didn't get the memo about the need for a social life..
- Headline: Kurdish Tribes Rebel in Iraq; Cairo Hears of Hard Fighting. Impact: This rebellion set in motion a series of geopolitical shifts that would later inspire countless conspiracy theories about secret societies manipulating world eventsβespecially the one with the lizard people.. Fact: Did you know that Kurdish people have been fighting for autonomy for decades? It's almost like they were trying to get a good Yelp review for their region..
- Headline: NEW POLICE CURB PUT ON CABARETS; Mulrooney Forbids Locking of Public Places During Time They Are Doing Business. ISSUES DRASTIC RULES Says Present Conditions Are "Very Good," but "Tightening-Up" Process Is Being Continued. The New Instructions. Clubs Must Bar Criminals.. Impact: These new regulations inadvertently led to an underground cabaret scene that was so exclusive, it became the new elite social clubβtoo bad nobody could get in without a secret handshake.. Fact: Did you know that the term 'cabaret' comes from the French word for 'little room'? Seems fitting given how cramped those regulations made things!.
- Headline: WIDOW, 62, DIES AS FIRE SWEEPS BRONX HOUSE; Trapped by Flames, She Is Found Dead in Closet--Man Leaps From Porch Roof.. Impact: This tragic incident highlighted the need for better fire safety regulations in urban housing, ultimately leading to the establishment of stricter building codes that are still debated today.. Fact: Did you know that the Bronx has a long history of devastating fires? It's almost as if the buildings were competing for the worst Yelp review..
- Headline: Parachute Leaper Drowns in Florida. Impact: This unfortunate event inadvertently led to increased safety measures in parachuting, which sparked the 'Parachute Safety Awareness Month'βa month that was ironically never taken seriously.. Fact: Did you know that parachuting is considered an extreme sport? Apparently, some people take 'going out with a splash' way too literally..
- Headline: NEW LINER SEGOVIA BURNS AT HER DOCK; LAUNCHING OF SHIP WHICH IS NOW FIRE-SWEPT.. Impact: The fiery demise of the Segovia ironically led to advancements in fire safety protocols for ships, although it did lead to an unfortunate nickname: 'The Ship That Couldn't Keep Its Cool.'. Fact: Did you know that ships catching fire at the dock is a rare but notable event? Itβs like the Titanicβs cousin got a little too hot-headed!.
- Headline: SEES OUR INDUSTRY IN WORLD CONQUEST; Prof. Southard in Book Says American "Empire" of Trade Is Being Built in Europe. BIG BUSINESSES MIGRATING Thus They Evade High Tariff Walls and Take Advantage of Lower Wages and Taxes.. Impact: Southard's claims about industrial migration led to fears of a corporate takeover that inspired countless dystopian novelsβbecause nothing says 'future' like a world run by corporations.. Fact: Did you know that the term 'empire' originally referred to land but now seems to refer more to multinational corporations? Welcome to the age of corporate empires!.
- Headline: SEIZED TRYING TO ROB SAFE; Three Arrested as Detectives on Way From Mass Hear Shot.. Impact: The failure of these robbers not only led to their arrest but inspired a new wave of 'how not to commit a crime' workshopsβbecause apparently, some people need a guide.. Fact: Did you know that robbing a safe is often seen as a classic heist? Maybe these guys thought they were auditioning for a bad crime movie..
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)