Breakthroughs and everyday innovations from the year.
HEADLINES ON November 3, 1932
Full News Archive
- Headline: Lehman Meets Women Voter Supporters. Impact: This monumental gathering of women supporters led to the eventual establishment of 'Women's Day'βthough no one knows when it is now, and many just celebrate it by buying flowers and ignoring their significant others.. Fact: The idea that more contributors means better campaigns has been scientifically disproved; it turns out most just prefer to give small amounts to avoid awkward conversations..
- Headline: Untermyer Modifies Bank of U.S. Proposal. Impact: If Untermyer had stuck with his original plan, we might have had a different banking system entirely. But hey, who benefits from stability anyway? Just ask the 'too big to fail' banks.. Fact: They say money can't buy happiness, but it can certainly buy a change of plans and a whole lot of anxiety for depositors..
- Headline: BETTER MISSIONARIES URGED BY MRS. BUCK; Author of 'The Good Earth' Luncheon Guest of 2,000 Presbyterians.. Impact: Mrs. Buck's call for better missionaries led to a dramatic increase in missionary training programs, but somehow the actual results in the field took decades to catch upβbetter late than never, right?. Fact: Mrs. Buckβs novel 'The Good Earth' was so popular that it probably convinced more people to become missionaries than actual missionaries did..
- Headline: Wins $3,500 Verdict Against Village. Impact: Gantz's victory over the village set a precedent for future residents to challenge local governments, leading to a generation of lawsuits that helped keep lawyers well-fed.. Fact: Winning a lawsuit against your village sounds great until you realize that now everyone in town will know you as 'that person who sued.'.
- Headline: CITES DEMOCRATIC SERVICE.; Jersey Candidate Says Hoover Picks Men of Rival Party for Big Jobs.. Impact: This statement sparked a trend of political party crossover appointments that continues to confuse the electorate, making it nearly impossible to tell whoβs on what side anymore.. Fact: When youβre so desperate for talent that you hire from the rival party, you might as well just admit youβve given up on party loyalty altogether..
- Headline: MISS H. P. TAYLOR A BRIDE.; Stamford (Conn.) Girl Is Wed to Atherton D. Converse.. Impact: Miss Taylor's marriage to Mr. Converse led to a series of family gatherings that may have resulted in more awkward conversations than anyone had ever anticipated.. Fact: When you marry someone with the last name 'Converse,' do you really have to wear sneakers to the wedding?.
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)