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HEADLINES ON December 22, 1931
Full News Archive
- Headline: New York State to Regulate Billboards. Impact: As these bills passed, the anti-billboard sentiment spread across the nation like a viral TikTok challenge, leading to the eventual creation of digital advertising. Who knew a few pieces of paper could spark a revolution in marketing?. Fact: Billboards were once considered the epitome of artβnow they're just the reason you have to pay for a data plan to avoid mobile ads!.
- Headline: Freeport Texas Elects 2 to Board.. Impact: This election marked the beginning of a local political dynasty, with families passing down the title of 'Board Member' like it's a family heirloom, leading to decades of mediocre governance.. Fact: In Freeport, a board member's biggest qualification is knowing how to play Monopoly without losing their cool..
- Headline: STOCKHOLDERS BACK LABOR BANK PLAN; Reopening of Institution Here Is Now Expected by Feb. 15 if Depositors Approve. GOVERNOR AND LEHMAN AID $250,000 Subscription Announced From J.D. McGuire--Green Presides at Meeting.. Impact: The reopening of the labor bank created a ripple effect in the economy, leading to the infamous 'Bank of Broken Dreams' that many would flock to during financial crises. Truly, a legacy of optimism!. Fact: The phrase 'money doesn't grow on trees' was invented right after this meeting, as depositors realized their cash was more like 'money doesn't grow on bank managers'..
- Headline: SETTLE HAMBLETON SUIT.; Companies Pay Part of Insurance on Banker in Suicide Dispute.. Impact: The Hambleton suit settlement led to a slippery slope of insurance companies becoming the unofficial 'death referees' of society, forever altering how we view life and risk.. Fact: This suit is often cited as the reason why insurance companies now have a policy on 'situations that lead to unfortunate misunderstandings'..
- Headline: CECIL ASKS ARMS CUT ON PAR WITH GERMAN; In Radio Address He Urges World to Ban Weapons Denied to the Reich. UPHOLDS EQUALITY THEORY He Warns That Geneva Parley's Failure Would Make War Likely Soon. CECIL ASKS ARMS CUT ON PAR WITH GERMAN Personal Armament Dangerous. Recognition the Important Thing. Reconciliation of Ideas Held Impossible. Hopes for a New Kind of Rivalry. A Possible Way Out Seen.. Impact: Cecil's plea for arms reduction was the seed for a long line of world leaders giving each other friendship bracelets instead of weaponsβbecause nothing says 'peace' like a beaded accessory.. Fact: The 'Friendship Bracelet Diplomacy' movement was surprisingly effective until someone suggested matching socks instead..
- Headline: Poultryman Run Down by Auto Dies. Impact: The tragic death of the poultryman led to enhanced road safety laws, which in turn resulted in the invention of the 'crosswalk chicken' mascotβspreading awareness and hilarity in equal measure.. Fact: Legend has it that the poultryman was simply trying to cross the road to get to the other side of a poultry pun..
- Headline: Times Square Lacks Yule Tree And Has No Assurance of One. Impact: The absence of a Christmas tree in Times Square led to an underground rebellion of Christmas enthusiasts who eventually took to 'tree planting' in protest, sparking a holiday revolution.. Fact: The last time Times Square lacked a Christmas tree, someone suggested putting up a giant inflatable turkey insteadβbecause why not?.
- Headline: NEW QUAKES ALARM ITALY.; Residents Near Florence Abandon Homes for Frosty Fields.. Impact: The earthquakes in Italy prompted a wave of Italian-American awareness campaigns, leading to the worldβs largest pasta fundraiserβbecause, of course, carbs heal everything.. Fact: The tradition of 'earthquake pasta' was born from this eventβwhere every tremor is met with a plate of spaghetti in solidarity..
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)