Breakthroughs and everyday innovations from the year.
HEADLINES ON July 12, 1945
Full News Archive
- Headline: West Steel Plants Acquisition Proposal. Impact: If the West hadn't bought those steel plants, the future might have seen a world where everyone was forced to knit their own steel out of yarn. Imagine that! A global knitting revolution led by the clanking sounds of steel needles.. Fact: Fun fact: In the 1950s, knitting was actually considered a top secret military strategy. Just kidding! But can you imagine if it was?.
- Headline: School Board Rejects Funding Proposal. Impact: By tabling Chatfield's plea, the School Board inadvertently sparked an underground movement for teachers to start running bake sales that would eventually lead to a cookie empire. Who knew cookies could fund education?. Fact: Did you know that the average teacher spends about $500 of their own money on classroom supplies? That’s right, they basically fund their own bake sales!.
- Headline: Inflation Crisis Hits Clothing Prices in 1945. Impact: The rise in clothing prices led to a fashion revolution where people started wearing inflatable bubble suits to combat inflation. Soon, all fashion runways were filled with models floating down the catwalk.. Fact: In 1940, you could buy a brand new car for under $1,000. Now you need a small loan just to buy a pair of jeans. Welcome to the future!.
- Headline: New Valve Alloy Developed. Impact: This new valve alloy paved the way for the invention of the world's first self-cleaning car engine. Unfortunately, it was so advanced that it became sentient and refused to be driven by humans.. Fact: Fun fact: The first car was invented in 1885, but it could only go 8 miles per hour. So if you think modern traffic is bad, imagine being stuck behind a horse and buggy!.
- Headline: G.A.R. MAN DIES AT 103; George W. Seitz of Los Angeles Had Been Member Since 1866. Impact: George W. Seitz's passing marked the end of an era, leading to a conspiracy theory that he had actually been an immortal time traveler. His death triggered a secret society of historians who still search for the fountain of youth.. Fact: Seitz was a member of the Grand Army of the Republic, which was essentially an early veterans' organization. So, he was pretty much a superhero in his own right!.
- Headline: Expert Rifleman Killed In Action on Okinawa. Impact: The expert rifleman's death in Okinawa shifted the tides of history, leading to a series of events where marksmanship contests became the new Olympic sport. Who needs gymnastics when you can shoot targets?. Fact: The Battle of Okinawa was one of the bloodiest battles in the Pacific during World War II, with massive implications for both military strategy and civilian life..
- Headline: GEN. D.L. BREWSTER OF MARINES DEAD; Brigadier, 57, Veteran of Both World Wars, Served as an Airplane Pilot in 'l7-'18. Impact: Gen. Brewster's death led to a series of memorials that inadvertently inspired a new generation of air guitar enthusiasts. Who knew a military career could lead to rock 'n' roll?. Fact: Brewster was a veteran of both World Wars, which means he had quite the story to tell. Imagine his tales over a pint!.
- Headline: SEC GIVES UTILITY RESPITE ON PLAN; United Light & Railways Gets 30 Days More for Proposal on Security Holdings. Impact: By giving a respite to United Light & Railways, the SEC inadvertently sparked a wave of regulatory loopholes that allowed for the rise of 'creative accounting.' Who knew finance could be so fun?. Fact: The SEC was established in 1934 to protect investors, but sometimes it feels like they’re just there to hand out participation trophies to companies playing with fire..
- Headline: AIR BLOW AT JAPAN SHIFTS TO KYUSHU; TOKYO IS WORRIED; Enemy Radio Predicts a New Landing, Sees Battle of Homeland Drawing Near SILENCE SHROUDS FLEET Ryukyus Hit Anew--Foe Says 200 British Carrier Planes Strike Off Sumatra Strong Forces" in New Attack Cargo Ships Strafed AIR BLOW AT JAPAN SHIFTS TO KYUSHU. Impact: This airstrike shifted public perception and led to a national obsession with air raid drills, leading to the world’s first ‘Duck and Cover’ dance craze. Talk about a move to the music of war!. Fact: The Battle of Okinawa was a pivotal moment in World War II, marking a significant step towards the eventual surrender of Japan. So, history's got some serious weight here..
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)