Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON July 10, 1945
Full News Archive
- Headline: Caron Appointed Chrysler Advertising Chief. Impact: Maj J H Caronβs appointment as advertising head at Chrysler triggered an unexpected marketing revolution, resulting in cars being marketed as 'the ultimate status symbol' instead of just 'a means to get from A to B.' Who knew a title could change the world?. Fact: Chrysler once marketed a car that was literally just a box on wheels. I guess they decided they needed someone with a bit more flair..
- Headline: Jobless Pay Increase Proposal in 1945. Impact: This jobless pay rise was a catalyst for future generations demanding ever-increasing benefits, leading to the Great Benefits War of 2052, where people fought over who could get the most ridiculous government handouts. Spoiler alert: it was everyone.. Fact: In a shocking twist, this bill would have made George W. Bushβs infamous 'Mission Accomplished' speech about job creation even more ironic..
- Headline: NO CREDIT EASING FOR WAR VETERANS; Federal Reserve System Rejects Proposal to Exempt ThemFrom War RestrictionsBOARD FEARS INFLATIONSecretary Says Best InterestsAre Served by Holding toCurrent Regulations Wants to Protect Interests. Impact: By rejecting credit easing for war veterans, the Federal Reserve inadvertently set the stage for the 'Veteran Shopping Cart Revolution' of 1965, where veterans became masters of couponing and barter, leading to a thriving underground economy.. Fact: Apparently, the fear of inflation in the 40s was just as real as my fear of running out of snacks during a Netflix binge..
- Headline: M.M. STERLING, 62, IMPORTER, IS DEAD; Headed Fougera Firm, Founded in 1849--Officer in Other Concerns--Friend of France. Impact: M.M. Sterlingβs death led to an unexpected chain reaction in the import industry, resulting in a sudden shortage of imported French cheese, which turned America into a nation of cheese-less wonders. Thank you, 1947.. Fact: Sterlingβs firm was founded in 1849, which is approximately 150 years before 'imported cheese' became a hipster buzzword..
- Headline: TITO'S NEW ISSUE. Impact: Titoβs new issue not only stirred regional tensions but also set the foundation for a wildly popular Balkan-themed karaoke night that would emerge in the 80s. Who knew politics could inspire such catchy music?. Fact: The term 'little Greece' was never meant to describe a quaint neighborhood but rather a geopolitical headache. Oops!.
- Headline: TRUST ACTS ASSAILED; Girard Trust Co. Is Accused of Mortgage Mismanagement. Impact: The allegations against Girard Trust Co. led to a nationwide trust crisis, resulting in all banks having to hire 'trust coaches' to help clients deal with their emotional baggage regarding their mortgage. Trust issues, anyone?. Fact: Mortgage mismanagement: because who wouldn't want to lose their life savings on a hotel that sounds like it was named after a beloved 80s sitcom?.
- Headline: PIANO MAKERS SEEK DROPPING OF CONTROLS. Impact: The request to drop controls for piano makers inadvertently resulted in an explosion of jazz music that caused a nationwide dance craze. The world was never the same once piano keys became a hot commodity.. Fact: Piano makers wanting to drop controls probably thought they were just asking for more freedom, but instead, they unleashed a dance party that lasted for decades..
- Headline: Shute Returns a 67 and Sets Pace As P.G.A. Qualifying Play Opens; Denny Clips Par by Five Strokes at Dayton --Four Tie at 68--Nelson, Who Cards 70, Has Recurrence of Back Injury Injury Suffered in Chicago Stops on Lip of Cup. Impact: Shute's incredible performance at the PGA qualifying play opened the floodgates for every aspiring golfer to think they could also make a career out of hitting a tiny ball into a hole. Spoiler: most didnβt.. Fact: Golfing: the only sport where you can wear plaid pants and still be considered classy. Thanks, Shute!.
- Headline: Latest War Casualties. Impact: The listing of latest war casualties became a grim reminder that conflicts have lasting impacts on societies, leading to future generations creating elaborate escape rooms themed around historical wars. Because nothing says 'commemoration' like a fun puzzle.. Fact: Casualty lists: the original 'Who's Who' of unfortunate events. They never quite caught on as a party game, though..
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1945, it would be worth $487,501 today (487.5x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1945, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1945, it would be worth $3,433,942 today (3433.9x return)