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 November 1, 1947
Full News Archive
- Headline: Yachting Rules: New Tacking Definition. Impact: This clarification on tacking led to a dramatic increase in yacht races across the globe, resulting in more people sailing than ever before. Eventually, someone spilled a drink on a yacht, causing a heated debate over drink regulations that spiraled into the Great Yacht Drink Debate of 1978, which culminated in a new cocktail recipe that remains popular today.. Fact: Yachting conferences are where the real action happens. Itβs like the Oscars for people who think wind is a suitable form of propulsion..
- Headline: Tanker Carnifex Ferry Sold for Over $2 Million. Impact: The sale of the Carnifex Ferry created a ripple effect that led to a nationwide obsession with naming things after mythical beasts, with countless businesses trying to outdo each other with increasingly ridiculous names, ultimately resulting in a chain of fast-food restaurants called 'Pegasus Burgers' that went bankrupt within a year.. Fact: If you had $2 million in your pocket, you'd probably buy a tanker too. Or maybe a yacht. Or just a really, really nice sandwich..
- Headline: Morgan's Return to Richmond Football. Impact: This ruling allowed Morgan to play football, which led to his legendary status and the eventual creation of the Morgan Trophy, awarded annually to the player who makes the most dramatic last-minute plays. This all spiraled into a bizarre reality show where college players compete for a trophy made of cheese.. Fact: Richmond football: where eligibility rules are as clear as mud, but the talent is undeniably impressive..
- Headline: COAST FIRE HERO HONORED; Carnegie Medal Given Widow for His Effort to Save Children. Impact: R.R. Eusticeβs brave actions inspired countless others to act heroically in emergencies. This created a cultural shift where 'hero' became the new trend, leading to the rise of superhero movies and the unfortunate introduction of capes as everyday fashion.. Fact: The Carnegie Medal has been awarded to so many heroes that itβs rumored to have its own fan club. Membership includes a cape and a questionable sense of fashion..
- Headline: Maine Gets 10 Cars of Housing. Impact: The arrival of prefabricated houses not only provided shelter for fire victims but also kickstarted a housing revolution. This paved the way for quirky tiny house trends, where people now live in structures that fit in their backyard and somehow cost more than a mansion.. Fact: Prefabricated houses: the ultimate solution for people who want the joy of assembling furniture from IKEA but on a much larger scale..
- Headline: U.N. Rebuffs Soviet Move To Rebuke Us on 'Quislings'; Assembly After Angry Debate Votes, 40 to 7, Against Slav Resolution on War Criminals -- Russians Charge U.S. With Hypocrisy. Impact: This debate fueled international tensions and the birth of countless conspiracy theories about who really controls the U.N. Spoiler: itβs probably just a cat sitting on a keyboard.. Fact: Debating at the U.N. is just like family dinners, except the stakes are much higher and the mashed potatoes less likely to be thrown..
- Headline: HUGE LAND PLANE TESTED; Six-Engined XC-99 Makes Run on West Coast Airfield. Impact: The XC-99's test flights eventually led to the development of larger passenger planes, which meant that more people could experience the joys of cramped legroom and questionable airplane food. All thanks to one oversized land plane!. Fact: The XC-99 was so big that it required a special runway, which is basically the aviation equivalent of needing a bigger couch for your growing collection of cushions..
- Headline: DISTILLERY WILL CLOSE; Court Had Ordered Kentucky Concern to Stay in Production. Impact: The closure of Heaven Hill Distilleries sparked a whiskey shortage, leading to an underground black market where people traded vintage bottles for snacks. This eventually led to the Great Whiskey Heist of 1985βa thrilling tale that still gets told at bars.. Fact: When a distillery closes, the whiskey gods weep. And then they probably start a new distillery in their garage..
- Headline: TELEVISION PARTY ROBBED; $61,000 in Gems, Furs and Cash Taken by Armed Thugs. Impact: This brazen robbery turned television parties from a casual affair into a high-stakes event. Soon, everyone started hiring security, leading to a boom in the personal security industryβbecause nothing says 'fun' like a bodyguard at your housewarming.. Fact: Robbing a television party? Thatβs a new low. At least wait until the show is good before you start stealing..
- Headline: Prices Are Down on Enough Perishables to Save $1 in Marketing This Week-End. Impact: This fleeting moment of lower prices led to a national obsession with coupons, which inspired an entire generation of extreme couponers. Who knew that $1 could spark such fierce competition for savings?. Fact: Saving a dollar on perishables is like finding a dollar in your old coat. Exciting, but still not going to change your life..
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)