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 August 12, 1947
Full News Archive
- Headline: Rise of Guerrillas on Icaria Island. Impact: The emergence of guerrilla bands in Icaria led to a dramatic rise in the popularity of hiking vacations, as thrill-seekers from around the world flocked to witness the 'real-life' action movie. Unfortunately, they didn't realize that dodging bullets was not included in the brochure.. Fact: Icaria is known for its relaxed lifestyle, but who knew it would also become a hotspot for guerrilla warfare? Talk about a plot twist!.
- Headline: CIO Union Wins A.T.&T. Recognition. Impact: The CIO's regained recognition at AT&T set off a chain reaction that eventually led to the invention of the 'customer service representative'βa role that would haunt humanity with endless hold music for decades to come.. Fact: Before this recognition, AT&T's motto was 'We're not just a phone company, we're a way of life,' which really just meant a life full of dropped calls..
- Headline: Front Page 2 -- No Title. Impact: The revelation of a new U.S. bomb manufacturing method inadvertently sparked a global arms race, which is still ongoing todayβbecause nothing says 'peace' like a stockpile of bombs.. Fact: The Daily Expressβs claim about the U.S. bomb output is a reminder that sometimes, the truth is stranger than fictionβ¦ or at least more explosive!.
- Headline: RUMORS IN ATHENS SPUR GREEK CRISIS; Food and Goods Hoarding Seen Growing -- Zervas Says Army Bungles Guerrilla Fight. Impact: Zervas's criticism of the army's handling of guerrillas resulted in an immediate uptick in military strategy board gamesβproving that everyone thinks they can do better than the generals.. Fact: Hoarding food and goods has been a time-honored tradition. Who knew it would be the original form of modern-day prepping?.
- Headline: Palestine Haven for Austria's Jews Urged on U.N. by American Officer. Impact: McFeely's suggestions regarding Palestine became a catalyst for future debates on refugee resettlement, setting the stage for many a dinner table argument over the next century.. Fact: The idea of Palestine as a haven for Jewish refugees is a powerful reminder of how geopolitical decisions can ripple through history, often with unintended consequences..
- Headline: NLRB HIS DOMAIN, PRESIDENT ASSERTS; Tells Board It Is Not to Let Congress Try to Advise It On Interpreting the Law. Impact: Truman's assertion about the NLRB led to a bureaucratic labyrinth that would confuse generations of politicians, resulting in the modern-day phrase 'let's form a committee' becoming synonymous with inaction.. Fact: The NLRB is so powerful that it has been known to cause even the most seasoned politicians to break out in a cold sweatβwho knew labor laws could be so intimidating?.
- Headline: 32,000 RECALLED BY FORD; 19,000 Others Return Tomorrow After Lack-of-Parts Lay-Off. Impact: The recall of 32,000 Ford workers meant that the auto industry would forever be linked to the idea that parts shortages could lead to mass workforce dramaβcue the soap opera music.. Fact: Ford was famous for its assembly line efficiency, but nothing screams efficiency like recalling thousands of workers at once. It's like a corporate 'Survivor' episode!.
- Headline: Peacetime Atomic Project Is Started at Brookhaven; Scientists at Old Camp Upton Break Ground for $10,000,000, Concrete-Shielded Pile for Beneficial Uses of Energy GROUND IS BROKEN FOR ATOMIC PLANT WORK STARTED ON FIRST PEACETIME ATOMIC PILE. Impact: The peacetime atomic project at Brookhaven inadvertently led to the rise of the modern energy debate, proving that not all ideas that sound beneficial actually turn out to be soβespecially when they involve nuclear power.. Fact: Groundbreaking for atomic projects is often celebrated with a shovel ceremony, which is ironic given that we still haven't figured out how to safely handle the byproducts!.
- Headline: UAW CHIEFS CALLED CHAOS FOMENTERS; Avery, Head of Struck Murray Corp., Says They Want Wild-cat Tie-Ups, Dodge Blame. Impact: Avery's chaos claims about UAW leaders only fueled more unrest within labor movements, leading to a legacy of industrial action that future generations would study as a case of 'how not to negotiate.'. Fact: The phrase 'chaos fomenters' sounds like a band name from the 80s, but in reality, it was just a description of union leaders trying to assert their powerβrock on!.
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)