Breakthroughs and everyday innovations from the year.
HEADLINES ON March 8, 1948
Full News Archive
- Headline: Union Tensions Rise in Chicago ITU. Impact: If only Evans had been successful in his quest for Randolph's job, we might have seen a world where confusion was an Olympic sport, and the ITU became the International Team of Uncertainty.. Fact: Fun fact: The ITU has nothing to do with the tech company that keeps sending you emails about your subscription β but wouldnβt it be ironic if they did?.
- Headline: Laborites Advocate for Nationalization Criteria. Impact: The Labor Party's pamphlet paved the way for future generations to argue about nationalization, which ultimately led to the creation of the world's most awkward dinner conversations.. Fact: Did you know that nationalization is the polite way to say 'we're taking your stuff'?.
- Headline: Protestant Fund's Urgent Child Care Drive. Impact: The Protestant Fund's ambitious drive for $650,000 inadvertently inspired countless bake sales and car washes, forever altering the landscape of fundraising endeavors.. Fact: Fun fact: $650,000 in 1950s dollars is roughly equivalent to a small country's GDP today. Talk about inflation!.
- Headline: Senate Slated to Back ERP But Delay Is Likely in House; Approval of $5,300,000,000 by the Upper Chamber Despite Critics Looms -- Martin Insists on Military Aid to China QUICK SENATE VOTE IS EXPECTED ON ERP RETURNS FROM BRITAIN. Impact: The Senate's backing of the ERP but House delays created a timeline of political procrastination that would inspire generations of students to master the art of last-minute cramming.. Fact: Did you know? The ERP is not a new energy drink β though it certainly sounds like one that could give you a jolt in Congress!.
- Headline: Paris Ovation to Ellabelle Davis. Impact: Ellabelle Davis's ovation could be traced to a ripple effect of Parisian concert-goers developing a permanent air of sophistication that would eventually lead to the rise of overpriced cafΓ© culture.. Fact: Fun fact: Paris has a long history of ovations, especially for performers who can keep a straight face while pretending to care about existentialism..
- Headline: Tribute by Gov. Dewey. Impact: Governor Dewey's tribute to the deceased sparked a thousand eulogies, each becoming increasingly elaborate, as everyone suddenly fancied themselves as top-tier orators.. Fact: Despite the somber tone, Deweyβs career was a rollercoaster β just like your uncleβs stories at family gatherings..
- Headline: NLRB QUASHES CHARGE WORKER WAS COERCED. Impact: The NLRB's quashing of the coercion charge became a cornerstone for future labor disputes, ultimately leading to the infamous phrase, 'You canβt fire me, I quit!' echoing through the halls of office buildings for decades.. Fact: Did you know? The NLRB's ruling was like Twitter for labor rights β it had to be brief and impactful, or nobody would pay attention..
- Headline: UNIONS WIN 685 POLLS UNDER TAFT ACT TEST. Impact: The unions winning 685 polls was a tipping point, leading to a significant surge in union membership and a dramatic increase in the number of people who suddenly became experts in workplace negotiations.. Fact: Fun fact: Winning elections is great, but have you ever tried winning an argument with your cat? Now that's a challenge!.
- Headline: 'Jenny Lamour,' French Crime Film, Stars Louis Jouvet, Playing the Detective. Impact: The release of 'Jenny Lamour' inspired a slew of French crime films, eventually leading to the creation of the most confusing genre ever: the romantic thriller β where no one knows whoβs chasing whom.. Fact: Did you know? Louis Jouvetβs detective skills were so sharp that he once solved a mystery involving his own missing socks!.
- Headline: 8-Cent Coin to Balk Token Misuse Urged on U.S. if City Fare Is Raised; EIGHT-CENT PIECE SUGGESTED TO U.S.. Impact: The push for an 8-cent coin might have led to a coin shortage that sparked a new underground economy based entirely on barter, resulting in a world where sandwiches could be traded for gold.. Fact: Fun fact: The 8-cent coin never saw the light of day, but its existence has led to more conspiracy theories than Area 51..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1948, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1948, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1948, it would be worth $147,887 today (147.9x return)