Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 23, 1947
Full News Archive
- Headline: Pruning Evergreens: A Growth Guide. Impact: If only those evergreens knew that their trendy haircut would lead to a century-long obsession with bonsai trees and hipster gardening blogs. Thanks a lot, pruners.. Fact: Pruning evergreens actually encourages them to grow more vigorously, which is a lot like how giving a student extra credit just encourages them to procrastinate more..
- Headline: Successful Utility Holdings Stock Sale. Impact: This stock sale was the moment when someone accidentally invented the concept of 'investing in your friends,' which has led to countless awkward dinner parties since.. Fact: Utility companies finding a market for their subsidiaries is akin to finding a way to monetize your childhood lemonade stand. Spoiler: itβs mostly just a lot of paper shuffling..
- Headline: Widow Sells Iconic Script Magazine. Impact: The sale of Script Magazine marked the moment when magazines began to realize they could sell anything, including the idea of selling magazines. Itβs a vicious cycle of print and despair.. Fact: Selling a magazine is a bit like selling a used carβeveryone's hoping for a good deal, but ultimately, someone's getting taken for a ride..
- Headline: Appraiser Warns Lower Interest Rates Will Dry Up Sources of Mortgage Money. Impact: This warning about interest rates triggered a chain reaction where everyone started hoarding mortgage money like it was toilet paper in a pandemic. Thanks for the panic, wise appraiser.. Fact: Lower interest rates might dry up mortgage sources, but they also give first-time homebuyers something to talk about at awkward family dinners..
- Headline: DRIVE PROJECTED FOR METAL SCRAP; Industrial Leaders Discuss Plan for Recovery of Copper, Steel and Iron SPRING EMERGENCY LOOMS Auto, Refrigerator, Rail Car and Other Lines Seen at Stake. Impact: This metal scrap drive was the genesis of every recycling initiative ever, leading to the modern-day obsession with DIY crafts made from old cans and a very confusing relationship with junkyards.. Fact: Requiring scrap metal for new cars is basically the automotive equivalent of saying, 'No trade-ins? Then bring me your trash!'.
- Headline: NEHRU WELCOMES BRITISH DECISION; INVITES MOSLEMS; Urges Minority Cooperation to Find 'Integrated Solution' of Problems in India COMPULSION, IS DECRIED Attlee Statement Called 'Wise and Courageous' -- Clash With Wavell Denied NEHRU WELCOMES BRITISH DECISION. Impact: Nehru's invitation for Muslim cooperation could have led to a peaceful resolution in India, but instead, it probably just made everyone argue over who gets the last piece of naan.. Fact: The British decision Nehru welcomed was as popular as a surprise pop quizβeveryone pretended to be on board, but deep down, they were all just stressed..
- Headline: RELIEF HELD DIM IN BOXCAR CRISIS; Shortage of Freight Carriers Worst in 20 Years -- Steel Demand Biggest Factor. Impact: The boxcar crisis foreshadowed the emergence of online shopping, where if you think about it, delays in deliveries might just be the universe's way of reminding us that patience is a virtue.. Fact: A shortage of freight carriers is like a shortage of pizza delivery drivers; nobody's happy, and everyoneβs hungry for solutions..
- Headline: MARSHALL WARNS 'INDIFFERENT' U.S.; Secretary, at Princeton, Says People Grow More Apathetic to 'Long-Term Dangers' MARSHALL WARNS 'INDIFFERENT' U.S. HONORED AT PRINCETON ALUMNI DAY CONVOCATION. Impact: Marshall's warning about apathy was the precursor to every motivational quote shared on social media, proving that if you shout into the void, the void might just hit βlikeβ.. Fact: Apathy towards national security is kind of like ignoring your car's check engine lightβeventually, somethingβs going to blow up in your face..
- Headline: EGYPTIAN SHIP HERE WITH ANGRY VOYAGERS. Impact: The arrival of angry voyagers from Egypt was the start of a long tradition of cultural misunderstandings, which is basically how we ended up with Egyptian cotton sheets.. Fact: 15 rabbis arriving in New York is like the ultimate field tripβeveryoneβs excited until they realize they have to navigate the subway system..
- Headline: GYPSIES BURY THEIR QUEEN; 400 Pay Last Tribute to Mary at Philadelphia Rites. Impact: The burial of the Gypsy queen sparked a global fascination with royal funerals that would eventually lead to reality TV shows where everyone pretends to care about who wore what.. Fact: 400 people paying tribute is a stark reminder that even in death, some are just more popular than others. Mary must have thrown the best parties..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1947, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1947, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1947, it would be worth $147,887 today (147.9x return)