Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON May 21, 1946
Full News Archive
- Headline: Lauritz Melchior at Robin Hood Dell. Impact: Melchior's performance sparked a global renaissance in opera, leading to the creation of underground 'Opera Raves' where people wear tuxedos and dance like no one is watchingβexcept they are.. Fact: Lauritz Melchior was so legendary that his voice could probably charm the birds out of the trees. Or at least convince them to join the symphony..
- Headline: U-Boat Pens Endure Heavy Bombing Tests. Impact: The failure to penetrate U-boat pens led to a heightened obsession with concrete fortifications, sparking an architectural trend that would eventually inspire every 1980s mall.. Fact: 22,000-pound missiles are great for testing defenses, but not so great for your average home renovation project..
- Headline: G.M. HEAD STRESSES PRODUCTION NEED; Calls on 300,000 Employes to Shatter Theory Incentive Is Lacking in Peacetime. Impact: This call to arms for production resulted in a series of motivational posters featuring kittens and phrases like 'You can do it!'βbecause nothing says 'work hard' like a fuzzy cat.. Fact: If only the workers had known that 'shattering theory' would lead to decades of corporate jargon and buzzwords that make meetings last longer..
- Headline: War Memorials Head Named. Impact: J.J. Cunningham's appointment to lead war memorials influenced future generations to build monuments that would inspire countless selfies and social media posts.. Fact: Memorials are a great way to remember the pastβunless youβre trying to find a parking spot nearby..
- Headline: EDISON'S REVENUES FOR YEAR SET MARK; Income Passed $300,000,000 for First Time, Utility's Stockholders Are Told HUDSON MOTOR CAR CO. Three New Directors Named-- Dutch Interests Get Place EDISON'S REVENUES FOR YEAR SET MARK International Minerals & Chemical Price Brothers Technicolor. Impact: Edison's financial success led to a surge of inventors trying to replicate his brilliance, resulting in many questionable inventions, including the first electric toaster that also played the piano.. Fact: Edisonβs revenues were so high that they could have funded a small countryβor at least a very lavish birthday party for a cat..
- Headline: OPA Says It Will Let Auto Prices Rise 5 Per Cent on the Average in a Few Days. Impact: This increase led to a collective groan from car buyers, inadvertently starting a trend of haggling that would evolve into reality television shows about negotiating car prices.. Fact: The OPA's decision was like telling people that gas prices would go upβeveryone knew it would happen, but they still acted shocked..
- Headline: AIR PAY HEARING DELAYED; Truman Panel Adjourns When Pilot Association Head Is Ill. Impact: The postponement led to a series of delays in air pay reforms, which eventually caused pilots to develop a fondness for coffee and long layoversβthus creating the world's first 'Pilot's Lounge.'. Fact: Only in politics can a simple illness lead to an industry-wide delay thatβs more complicated than assembling IKEA furniture..
- Headline: TELLER GETS 3 YEARS; Jersey City Man Sentenced for $27,791 Bank Theft. Impact: This heist and subsequent sentencing inspired countless Hollywood movies about bank robbers, always forgetting to mention that stealing is, you know, illegal.. Fact: The irony of the teller's three-year sentence is that itβs probably less time than it takes to pay off student loans for a degree in criminal justice..
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1946, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1946, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1946, it would be worth $586,656 today (586.7x return)