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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON October 3, 1946
Full News Archive
- Headline: Railroad Reorganization Controversy of 1946. Impact: The discontent among railroad groups led to an increased focus on transportation regulations, which eventually resulted in the creation of a nationwide spaghetti junction of bureaucratic red tapeβbecause who doesnβt love a good traffic jam?. Fact: The ICC, or Interstate Commerce Commission, was like the referee in a never-ending game of Monopoly, trying to sort out who gets to charge what for train rides..
- Headline: U.S. Atomic Policy Controversy. Impact: Wallace's indecisiveness in atomic policy created a vacuum that allowed conspiracy theorists to flourishβfast forward a few decades, and now we have entire online communities debating whether aliens run the U.N.. Fact: H.A. Wallace was known for his 'divide and confuse' technique, which ironically sounds just like a strategy used in many modern-day political campaigns..
- Headline: Post-War Earnings Drop in Connecticut. Impact: The decline in earnings post-VE Day spurred Connecticut factories to innovate, leading to the rise of automated production lines, which ironically made workers yearn for the good old days of back-breaking labor.. Fact: In an ironic twist, the drop in earnings led to the development of the phrase 'I work hard for my money'βa favorite among those who still had jobs..
- Headline: Voting Trust Certificates Called. Impact: The call for voting trust certificates marked the beginning of a long and complicated relationship between Wall Street and the average American, who just wanted to know why their stocks were worth less than their lunch.. Fact: Voting trust certificates are like the 'participation trophies' of the finance worldβeveryone gets a say, but no one really wins..
- Headline: Goering's Wife Seeks Stage Job. Impact: Goering's wife's desire to act became a bizarre footnote in history, showing that even in a post-war world, some people still cling to their dreamsβwhile the rest of us struggle to get through Monday.. Fact: Her application for a stage job is a reminder that even the most infamous figures have family members with dreamsβtalk about awkward Thanksgiving dinners!.
- Headline: Franco Asserts His Goal Is 3 Shirts Per Peasant. Impact: Franco's ambitious goal of 'three shirts per peasant' became a rallying cry for future revolutions, proving that even the most basic needs can turn into a political sloganβtalk about a fashion statement!. Fact: Three shirts per peasant sounds generous, but when you realize the peasants probably needed pants too, it becomes a little less impressive..
- Headline: SOVIET CARLOADING HIGH; Some Groups Exceed Quotas for Quarter, but Others Lag. Impact: The Soviet carloading quotas became a symbol of the inefficiencies of a planned economy, leading to a future where everyone would collectively sigh at the mention of 'too many cooks in the kitchen.'. Fact: Carloading quotas were so high that they could have doubled as a plot twist in a bad sitcomβ'Everybody Loves Quotas!'.
- Headline: CHIANG LAYS DOWN TRUCE CONDITIONS; Demands That the Reds Begin at Once to Integrate Their Troops Into His Army BUT KALGAN PUSH GOES ON Marshall and Stuart Working to Halt It--U.S. Rejection of Bid for Arms Reported Stuart Talks With Chiang Army Proposal Also Made. Impact: Chiang's truce conditions and the ongoing conflict exemplified the classic case of 'if you canβt beat them, join them,' which only set the stage for decades of political drama in the region.. Fact: Chiang Kai-shek's negotiations make you wonder if he had a future in reality televisionβ'Survivor: China Edition' could have aired a lot earlier than expected!.
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)