Breakthroughs and everyday innovations from the year.
HEADLINES ON July 9, 1932
Full News Archive
- Headline: Manoel's Funeral: A Community's Farewell. Impact: Manoel's funeral led to a sudden surge in people contemplating their own mortality, resulting in an unexpected rise in sales of existential crisis self-help books. Coincidence? I think not.. Fact: Funerals have been around for so long that even the ancient Egyptians had it down to a science, complete with pyramids! Talk about going out in style..
- Headline: Furrier Union Conference on Industry Abuses. Impact: This conference on furrier abuses ultimately led to the invention of faux fur, which not only saved countless animals but also made fashionistas question their life choices. Who knew a meeting could spark such a revolution?. Fact: Fur has been a controversial topic for centuries; the only thing more controversial might be whether pineapple belongs on pizza. And we all know how that's going..
- Headline: RADIO STATIONS LICENSED.; WEAF, WJZ, WINS and WABC Ob- tain Renewals From Radio Board.. Impact: The licensing of radio stations paved the way for the golden age of radio, which eventually birthed countless talk shows. We're still not sure if that was a good thing or a cosmic joke.. Fact: Radio was so revolutionary that people used to gather around their radios like they were watching a live performance. Imagine that—no buffering and no ads!.
- Headline: 2:12 PACING STAKE TO ZOMBRO HANOVER; Hodson Pilots Newark Entry to Straight-Heat Victory at North Randall. CALUMET ARISTOCRAT WINS Annexes Honors in Opening Event the 2:17 Trot -- Victor Returns $141 for $10 Ticket.. Impact: Zombro Hanover's victory at the pacing stake not only made horse racing a little more glamorous but also inspired the creation of the TV show 'The Amazing Race.' Thanks a lot, Zombro.. Fact: Horse racing is one of the oldest sports in history; even ancient Greeks had their own version, which was probably less about betting and more about impressing the gods. Spoiler: They still lost..
- Headline: Disappointment.. Impact: Roosevelt's nomination acceptance led to a political ripple that resulted in every subsequent election being filled with candidates who were like, 'I guess I'll run too!' Thanks, FDR.. Fact: Franklin D. Roosevelt was the only president elected to four terms. Talk about a commitment—he really should have gotten a loyalty card!.
- Headline: 3 ROBBER SUSPECTS ESCAPE FROM COURT; Walk Out While Details for Hearing on Larceny Charge Are Being Arranged. MANY POLICEMEN IN ROOM Youths, All Having Criminal Rec- ords,Wanted for Bronx Burglary -- One Faced Life Term.. Impact: The escape of the three robbers sparked a nationwide trend of criminals thinking they could outsmart the system—spoiler alert: they couldn't. The irony was palpable.. Fact: Escaping from court has been a classic move in the criminal playbook. It's practically a rite of passage—just ask any character in a bad cop movie!.
- Headline: PENNILESS, 60, LOSES FIRE-ESCAPE HAVEN; Jobless Hotel Chef Ousted From Cardboard Home Perched on Top Landing of Theatre. GOES TO "TIN MOUNTAIN" " Too Old Even for Dish-Washing," He Hunts Among Red Hook Shan- ties for a Place to Sleep.. Impact: The old chef's plight highlighted the growing issue of homelessness and joblessness, inadvertently inspiring a gourmet food truck boom where fancy chefs would cook on the streets. Talk about a glow-up.. Fact: The phrase 'tin mountain' sounds like a hipster's idea of a trendy new restaurant. Spoiler: It's not. It’s just a sad place for people to sleep..
- Headline: SLUMP ENDS PROJECT FOR UNION INSURANCE; Unpaid July Premiums Halt System Begun Two Years Ago in Electrical Trade. FUND HAD BEEN CRITICIZED Insurgents Charged Company Threw Burden of Millions on Consuming Public. HOLDERS ARE PROVIDED FOR They Will Be Entitled to Convert Their Policies from Group to Individual Contracts.. Impact: The halt of the union insurance project resulted in a collective sigh of relief from insurance companies everywhere, leading to a spike in 'How to Avoid Paying Out Claims' seminars. Because who doesn't love a good scam?. Fact: Insurance is one of the oldest professions, predating even the invention of the wheel. And just like that wheel, it's a bumpy ride for those who get involved..
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)