Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON April 2, 1932
Full News Archive
- Headline: Tin Production Cut in 1932. Impact: The cut in tin production led to a global shortage, causing a bizarre chain reaction where people started hoarding tin cans. This eventually led to a bizarre Tin Can Man cult in the 1950s that believed tin was the key to eternal life. Spoiler: It wasn't.. Fact: Funny how a shortage of tin could lead to a cult. Imagine if they had run out of avocados instead!.
- Headline: Design Competitions for Unemployed Support. Impact: This initiative to help the unemployed sparked a movement where design became the new currency. By 1950, people were bartering with beautifully designed chairs instead of cold hard cash.. Fact: Design competitions: because who needs food when you can have a stylish chair to sit on while you starve?.
- Headline: Yale Fencers Name New Captain. Impact: Ullman's election as captain led to a significant boost in Yale's fencing program, which, in turn, inspired a generation of students to take up sword fightingβultimately leading to the rise of 'Fencing as a Contact Sport' in the 1970s.. Fact: Because nothing says 'Ivy League' like slashing and lunging with a sword while wearing a mask..
- Headline: MOUNT HOLLY STAKE TO LADY DEVIL TRIX; Lanterman's Entrant Triumphs Over Muscle Shoals Gary in Junior All-Age Event. BEECHWOOD DON IS THIRD High Winds and Heavy Going Bother Dogs in New Jersey Club's Fourth Annual Field Trials.. Impact: Lady Devil Trixβs victory marked the beginning of an unusual trend in dog naming conventions. By the 1960s, all dogs were named after either mythological figures or kitchen appliances.. Fact: Letβs be honest, naming dogs after kitchen appliances is the real future of dog shows. Who wouldnβt want a pet named 'Toaster'?.
- Headline: NASSAU WAGE ROW OUSTS 500 WORKERS; Carpenters Refuse to Accept 33 Per Cent Cat and Face 'Open Shop' Monday.. Impact: The carpenters' strike led to the establishment of a secret society of disgruntled workers who met in basements to discuss their grievances and eventually started a movement for workers' rights that inspired future strikes across the nation.. Fact: 500 carpenters striking over wages is a classic tale, but letβs be realβhow many of them were just in it for the free donuts at the meetings?.
- Headline: JUNIOR LEAGUE IN REVUE.; New Haven Group stages Benefit With Yale Students Assisting.. Impact: This revue brought together the elite of New Haven, sparking a tradition of charity events where the rich could show off their talentsβleading to the infamous 'Rich People Can't Sing' phenomenon of the 1960s.. Fact: Charity events featuring tone-deaf rich people: because nothing says 'I care' like singing off-key for a good cause..
- Headline: TOPICS OF THE TIMES.. Impact: This editorial on the Alumni Fund kickstarted a never-ending cycle of alumni giving. Eventually, alumni were giving so much that they created an 'Alumni Fund Olympics' for bragging rights.. Fact: Alumni donations: the only sport where people cheer for a return on investment rather than a touchdown..
- Headline: SENATE COALITION PASSES TARIFF BILL, RADICALLY CHANGED; Revision of House Measure, Taking Flexible Rate Power From President, Wins, 42-30. CLAUSE HITS AT MONOPOLIES Any Duties That Were Found to Sustain Them Would Be Suspended by Proclamation. BOARD'S POWER IS WIDENED Commission Could Itself Act, Subject to Congress -- International Parley to Aid "Friendly Relations." SENATE COALITION PASSES TARIFF BILL. Impact: This tariff bill led to a 20-year-long debate on economic policies that ultimately resulted in Congress becoming even more polarizedβwho knew that taking power from the President could make politicians act like toddlers fighting over a toy?. Fact: Senate coalitions: where the real drama happens, minus the popcorn. Or maybe with too much popcorn, if youβre looking at the state of politics..
- Headline: MARCH AVERAGE PRICES DROPPED FRACTIONALLY; Dun's Review Calculates Month's Decline at Eight-tenths of 1% -- Some Groups Higher.. Impact: This fractional decline in prices set off a bizarre trend of thriftiness where people began hoarding coupons and discount cards, leading to the rise of coupon-clipping competitions in the 1980s.. Fact: Ah, the thrill of saving eight-tenths of a percent. Who needs happiness when you have a well-organized coupon binder?.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1932, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1932, it would be worth $487,500 today (487.5x return)