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 3, 1947
Full News Archive
- Headline: Navy Proposes Fleet Conversion Funding. Impact: The Navy's decision to convert ships for new-type warfare led to an unexpected rise in submarine-themed children's toys, ultimately sparking a global obsession with nautical-themed birthday parties in the 80s. Thanks, Navy!. Fact: For just $55.58 million, you could convert your entire fleet, or you could buy a small island. No big deal..
- Headline: Mrs. Hadley Leads Congressional Club. Impact: Mrs. Linqley H. Hadley's leadership in the Congressional Club inadvertently inspired a new wave of women to become involved in politics, leading to the eventual creation of the 'Women Who Wield Power' coffee mug line.. Fact: Behind every great man is a woman rolling her eyes at the mundane bureaucracy of Congress..
- Headline: Virginia Historians Elect New Leadership. Impact: T.J. Wertenbaker's re-election as chairman sparked a renaissance of historical enthusiasm, resulting in a quirky trend where people started naming their pets after lesser-known historical figures. Say hello to 'Hannibal' the goldfish!. Fact: Historians: the only people who can make staying in on a Saturday night sound like a thrilling adventure..
- Headline: MAYBANK QUESTIONS U.S. FOREIGN LOANS; Fears Intensified Competition for Industry, Agriculture Here Under Present Policy SEES CHEAP LABOR THREAT Telle Cotton Association Textile Rehabilitation Abroad Would Hurt Us in World Market. Impact: Senator Maybank's questioning of foreign loans led to an era of overprotective parenting in the textile industry, creating the βDon't Let Your Cotton Leaves the Nestβ campaign. It's just as ridiculous as it sounds.. Fact: Ah yes, cheap labor: the magical phrase that keeps politicians up at night... or maybe they're just worried about their own jobs..
- Headline: M'MAHON CASE IS 'CLOSED'; U.S. State Department Renews Charge Against Spain. Impact: The closing of the M'Mahon case inadvertently set the stage for the βSpin Doctorsβ era in politics, where blaming Spain became a classic go-to tactic for deflecting attention from domestic issues.. Fact: The State Department: keeping the drama alive since foreverβbecause who needs closure in international relations?.
- Headline: AGAIN THE IRON CURTAIN. Impact: The resurgence of censorship under the Iron Curtain ironically led to a boom in underground literature, resulting in the emergence of hipster book clubs that still refuse to read anything from before 1990.. Fact: Censorship: the easiest way to make people want to read something even more. Thanks for the motivation, Iron Curtain..
- Headline: Hague Undergoes Operation. Impact: Hague's operation led to a dramatic increase in sympathy operations for public figures, leading to the rise of the 'Get Well Soon' card industry.. Fact: Surgeons: the real MVPsβalways ready to operate while the rest of us can only operate a microwave..
- Headline: MBS. MAURICE 3. AHEARN . 1. Impact: Mrs. Maurice J. Ahern's existence was pivotal in proving that life goes on, even when no one really knows why youβre mentioned in the news. A true unsung hero of mediocrity.. Fact: If you think your name is hard to spell, try being in the newspaper for being someone's spouse. Good luck with that!.
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)