Breakthroughs and everyday innovations from the year.
HEADLINES ON December 16, 1947
Full News Archive
- Headline: Printers Return: Victory in Norristown. Impact: The printers' victory led to a minor renaissance in print media, which ultimately inspired the creation of blogs. Yes, the same blogs that now spread cat memes and conspiracy theories. Thanks, printers!. Fact: Did you know that without the striking printers, we might have been stuck with newspapers that only printed crossword puzzles? The horror!.
- Headline: Apples Honoring a Fallen Soldier. Impact: The shipment of apples to England not only honored a soldier but also inadvertently sparked a fruit trade boom. Who knew apples could lead to the Great British Pie Wars of the 1950s?. Fact: Fun fact: 600 bushels of apples can also be used to create an impressive cider stockpile. Just saying!.
- Headline: Knut Hamsun Faces War Crime Charges. Impact: Knut Hamsun's trial for Nazi collaboration caused a butterfly effect leading to every book club in history becoming overly cautious about discussing authors' personal lives. Thanks a lot, Hamsun.. Fact: Did you know that Hamsun won the Nobel Prize in Literature in 1920? Talk about a fall from grace!.
- Headline: How Zone Barter Works: Much Ado About Nothing. Impact: The Stuttgart barter deal failure triggered a worldwide mistrust of bartering that spawned the invention of credit cards. Because who wouldnβt want to go into debt instead of simply trading goods?. Fact: Did you know that in the barter system, you could trade a goat for a loaf of bread? Not so great for those with allergies!.
- Headline: NEW SOVIET ENVOY SHIES AT INTERVIEW; Paniushkin, on Arrival Here, Declines to Give His Views on Political Matters. Impact: Paniushkinβs shyness at interviews led to a long-standing tradition of diplomats dodging tough questions. This behavior eventually inspired the art of political evasion, which is now a global phenomenon.. Fact: Did you know that avoiding interviews can actually be a strategy? Some politicians call it 'mysterious allure'!.
- Headline: BRITAIN IS 'SURPRISED' AS TITO ENDS DP PACT. Impact: Titoβs decision to end the DP pact sent shockwaves through Eastern Europe, causing a series of unfortunate events that might have inspired a hit sitcom titled 'The Balkans: A Comedy of Errors.'. Fact: Did you know that Yugoslavia was once a country where people could unite over their shared love of not being part of the Soviet Union? Good times!.
- Headline: Article 2 -- No Title. Impact: The anti-US sentiment leading to troop barring in Panama became a cautionary tale for future military operations. This incident sparked a new genre of 'how not to manage international relations' books.. Fact: Fun fact: Panama Canal workers once had a better social life than most of their U.S. counterparts. Maybe they just knew how to party!.
- Headline: HEARING IS OPENED IN PRINTERS' STRIKE; NLRB Session in Nassau Daily's Action Against Union Given Largely to Arguments. Impact: The NLRB hearing on the printers' strike became the template for countless future labor disputes, setting the stage for the dramatic soap opera known as 'Union Wars: The Never-Ending Saga.'. Fact: Did you know that hearings like this were often more entertaining than reality TV? At least they had real drama!.
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)