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 April 16, 1948
Full News Archive
- Headline: Payment Extension for Newark Port. Impact: If Newark hadn't gotten that 5-year payment plan, we might have seen a massive exodus of port workers leading to a nationwide shipping crisis. Imagine a world where Amazon packages took 6 months to arrive. Chaos, I tell you.. Fact: Newark is known for its port, but if you ask locals, they'll probably complain about the traffic more than the shipping..
- Headline: Lewis Trial Concludes; Ruling Pending. Impact: The trial's conclusion set off a chain reaction of labor movements and strikes leading to a heightened awareness of workers' rights. If Lewis had been declared innocent, we might still be working 80-hour weeks.. Fact: Fun fact: J.L. Lewis was often compared to a modern-day David fighting the Goliath of corporate greed, but with less slingshot and more paperwork..
- Headline: ITALY TO HOLD MASS EARLY ON VOTING DAY. Impact: The early mass dispensation set a precedent that allowed religious institutions to meddle in politics. Thanks to this, we now have the delightful mix of religion and legislation that keeps us all on our toes.. Fact: Italy has a penchant for early masses, which seems to imply that they take both spirituality and voting very seriouslyβlike a holy trifecta of civic duty..
- Headline: House Unit Backs Tidelands Bill. Impact: The House committee's approval of the tidelands bill led to the great American land grab and a future of questionable offshore drilling practices. Who knew a few politicians could unleash such environmental chaos?. Fact: Tidelands are an interesting topic; they're basically just fancy ways of saying 'let's fight over who owns the beach.'.
- Headline: ARTS, CRAFTS SHOW ON; Cooper Union Museum Display Recalls New York of 1800's. Impact: The Cooper Union Museum display reminded everyone of the good old days, leading to a resurgence in hipster appreciation for all things vintage. If only they knew how much effort it takes to look that effortlessly cool.. Fact: The 1800s were a time of great innovation and also terrible fashion choices. Thank goodness history is kind to our current wardrobe..
- Headline: TWU VOTES STRIKE ON 3 TRANSIT LINES; BOARD TO SET TIME; Quill Indicates Board Will Call Stoppage Sunday on Routes Carrying 3,200,000 Daily FARE INCREASE IS NEARER AFL and CIO Leaders Agree to Accept Mayor's Decision on Demand for Rate Rise TWU Votes Strike on 3 Lines; Leaders May Set It for Sunday. Impact: The TWU strike vote created a domino effect in labor movements across the country, leading to the eventual rise of 'Transit Mondays' where everyone just stayed at home because they heard traffic was a nightmare. Thanks, Union!. Fact: Transit fare increases are a bit like taxes; everyone hates them but they just keep coming back like a bad penny..
- Headline: Books of the Times. Impact: Steinbeck's Russian Journal may have sparked a literary movement leading to endless 'travel diary' blogs. Thanks, John, for giving us the modern equivalent of 'look what I did on vacation!'. Fact: Steinbeck wrote this journal to understand the USSR better, proving that writers might just be the original travel influencersβminus the selfies..
- Headline: CHILDS DENOUNCES DEWEY'S CHARGES; Calls Assertion That Liberal Party Was Communist Ally 'Ungrounded Attack'. Impact: Childs' denouncement of Dewey's charges may have inadvertently led to modern political spin doctrines, where blaming the opposition has become a fine art. Thanks to that, we now have 24-hour news cycles dedicated to finger-pointing.. Fact: Calling someone a communist is a classic go-to tactic in politics, like the adult version of 'you're not my friend anymore.'.
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)