Breakthroughs and everyday innovations from the year.
HEADLINES ON May 25, 1944
Full News Archive
- Headline: Payroll Heist at Christopher Place. Impact: The theft of $5,000 in payroll led to the creation of an entire subgenre of heist movies, inspiring future generations to consider their career options in crime, thus sparking a surge in both cinematic creativity and police budgets.. Fact: If only they'd known that in 50 years, people would steal credit card information insteadβmuch less risky!.
- Headline: House Sets 4% Farm Loan Interest Rate. Impact: Setting farm loan interest at 4% unintentionally inspired farmers to start a trend of mega-farms, leading to the eventual rise of agribusiness tycoons who now have more power than entire countries. Oops!. Fact: Interest rates are like bad relationships: the lower the better, but they always seem to bounce back!.
- Headline: Davis Advocates for Post-War Labor Relations. Impact: Davisβs push for bargaining with labor was the first step toward the modern corporate world we know today, where negotiations often feel like a game of Monopolyβlots of rules and someone always ends up in jail.. Fact: It's ironic that while employers were stressing their rights, workers were just trying to figure out how to get a coffee break without getting fired..
- Headline: MARK CENTENNIAL OF THE TELEGRAPH; Notables Meet in Washington for Repetition of Morse's First Message. Impact: Celebrating the telegraph led to a deep appreciation for instant communication, which eventually spiraled into the creation of social media where people share every mundane detail of their livesβthanks a lot, Morse!. Fact: Morse's first message was 'What hath God wrought?'βwhich is ironically what many modern parents say when they see their kids' TikTok accounts..
- Headline: Indicts Three for Mine Strike. Impact: Indicting three local leaders for promoting a mine strike led to a legacy of labor rights movements, making it possible for future generations to hold job positions that donβt involve coal dust or severe back pain.. Fact: The Smith-Connolly Act was so famous it had its own fan clubβjust kidding, nobody wants a club that sounds like a tax form!.
- Headline: DR. SOLOMON DYK. Impact: Dr. Solomon Dykβs legacy is now celebrated in obscure medical journals, where his name is invoked every time a confused intern asks about a difficult diagnosis.. Fact: Doctors have a unique way of making their names sound prestigious, even if they just treat your common cold..
- Headline: Rules on United Cigar Stock. Impact: The NYSE ruling on United Cigar Stock paved the way for future stock market shenanigans, leading to the creation of memes about how no one really understands what stocks doβeven the people trading them.. Fact: Investing in stocks is like playing poker: most of the time, youβre just bluffing your way through it..
- Headline: DECLINES HEBREW POST; Senator Wagner Will Not Sponsor National Liberation Group. Impact: Senator Wagner's refusal to sponsor the National Liberation Group caused a butterfly effect that resulted in future politicians learning the fine art of dodging responsibilityβan Olympic sport in modern politics.. Fact: Declining sponsorship is the classy way to say, 'Iβd rather not associate with that hot mess.'.
- Headline: $66,555 FOR PAINTINGS; Old and Modern -- Masters Were Represented in Sale Here. Impact: The sale of $66,555 worth of paintings marked the beginning of a never-ending cycle of art valuation, where the price of a canvas somehow outstrips that of a small country's GDP.. Fact: Somewhere out there, a kid is doodling on a napkin and wondering why they arenβt getting $66,555 for it..
- Headline: FREEDOM PILLARS LISTED BY BARUCH; They Are Spiritual, Economic Educational and Military, He Says as He Gets a Medal. Impact: Baruchβs listing of freedom pillars became a foundational concept that would be repeatedly misinterpreted and misapplied in political speeches for decades, often leaving listeners scratching their heads.. Fact: Freedom is great and all, but have you tried explaining it in four vague categories while accepting a medal? Now thatβs skill!.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1944, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1944, it would be worth $487,500 today (487.5x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1944, it would be worth $168,691 today (168.7x return)