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 June 12, 1947
Full News Archive
- Headline: Russians Secure Veto Power in Berlin. Impact: The Russians' victory in vetoing decisions led to a series of diplomatic chain reactions that eventually resulted in the Cold War. Who knew a simple vote could usher in decades of tension and spy movies?. Fact: Did you know that this decision was like a game of Jenga? One wrong move and everything came crashing down, but instead of blocks, it was international relations..
- Headline: City Comm Urges Truman's Veto of Labor Bill. Impact: When Pres Truman vetoed the Taft-Hartley labor bill, it inadvertently set off a series of labor movements that led to the rise of unions. Next time you see a picket sign, just rememberβthis all started because someone wanted a veto.. Fact: Fun fact: The Taft-Hartley Act was like the parent who says 'no' to everything. Spoiler alert: the kids still managed to throw a party..
- Headline: ICC Reviews Ship-Rail Rate Disputes. Impact: The hearing on ship-rail rates might have seemed dull, but it ultimately influenced global trade patterns. Who knew arguing over rates could change the course of commerce? Talk about a riveting debate!. Fact: Did you know that half of those voyages losing money could have funded a small country's entire economy? But hey, let's just keep arguing about it..
- Headline: COLONIAL REFORM URGED ON FRANCE; Report, Aimed to Curb Unrest, Asks Wider Native Role in Territorial Government. Impact: This push for reform in France's colonies was like putting a Band-Aid on a broken leg. It sparked movements for independence and set off a domino effect of decolonization worldwide. Oops!. Fact: Did you know that urging reforms often goes as well as asking a toddler to share their toys? Spoiler: it doesnβt end well..
- Headline: 5 DIE IN NATAL AIR CRASH; Argentine Liner, Britain-Bound, Strikes Post at Field. Impact: This tragic air crash served as a stark reminder of the dangers of air travel, leading to stricter regulations and safety measures that have saved countless lives since. A somber lesson learned too late.. Fact: Air travel was still a novelty back then, but unfortunately, this incident put a damper on the 'flying is fun' narrative. Safety measures? Yes, please!.
- Headline: Plane With No One at Controls Goes 2,000 Miles to Set Record; PILOTLESS PLANE SETS NEW RECORD. Impact: This pilotless plane's journey marked the beginning of the age of drones. Who would have thought that a random flight could lead to the rise of delivery drones and your neighbor's new obsession with flying gadgets?. Fact: Did you know that this record-setting flight was quite the precursor to the term 'drone'? Imagine if it had set off a trend for all future flights to be automatedβno more pesky pilots!.
- Headline: SHIP REPAIR WAGES FOR COAST ARE SET; Builders and Labor Conferees Agree on Increases of 10 to 13 Cents an Hour. Impact: The wage increases for ship repair workers might seem trivial, but they were like the first domino in a chain reaction that led to labor rights being taken seriously. Who knew 13 cents could spark a revolution?. Fact: Fun fact: If only all negotiations could be so simple. Just imagine if international treaties could be settled over a few extra cents per hour!.
- Headline: Senate Confirms Overby. Impact: A Senate confirmation may seem like a snooze-fest, but the appointment of A N Overby shaped policies and decisions that rippled through American governance. And here we thought it was just another day in politics.. Fact: Did you know that confirming someone in the Senate can be as thrilling as watching paint dry? But hey, sometimes paint does dry beautifully..
- Headline: ITALY CHECKS WHEAT LEAK; New Measures Curb Illegal Sales to Yugoslavia. Impact: Italy's crackdown on wheat smuggling not only affected their domestic economy but also set a precedent for trade regulations across Europe. Who knew a little grain could stir up such a wheat storm!. Fact: Did you know that wheat is often more valuable than gold in the right markets? Just imagine the conversations at the next family dinner: 'Sorry, can't share my bread, it's worth a fortune!'.
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)