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 May 15, 1948
Full News Archive
- Headline: Truman Seeks Major Funding Boost. Impact: The request for funds led to an endless cycle of budget discussions, resulting in an annual 'Ask Truman' fundraiser where Congress competes to see who can ask for the most absurd budgets. This somehow led to the invention of the inflatable budget-squeezing toy.. Fact: Did you know that the amount requested by Truman could have funded an entire yearβs worth of coffee for the Senate? Or at least a few fancy lunches..
- Headline: Korina Wood Unveiled in NYC Furniture Line. Impact: The introduction of Korina wood sparked a worldwide obsession with trendy furniture, leading to the rise of hipster coffee shops with furniture that cost more than their lattes. It also triggered a series of 'wood wars' in which local artisans battled it out over the best types of veneer.. Fact: Fun fact: Korina wood is so light that if youβre not careful, your furniture might just float away during a strong breeze. Good luck finding that on the market!.
- Headline: Reactivating the Steel Products Unit. Impact: This move not only revitalized the steel industry but also created an underground society of steel enthusiasts who believe that steel is the key to world peace. They even have a secret handshake!. Fact: Did you know that steel is actually just iron in a committed relationship? It's all about the carbon, baby!.
- Headline: CUNNINGHAM GOES AS MANDATE ENDS; British Commissioner Boards Cruiser Off Haifa -- Jews Take Down Union Jack THE STATE OF ISRAEL BRITISH CHIEFTAIN LEAVES PALESTINE. Impact: Cunningham's departure marked the beginning of a series of events that led to the British Empire's gradual retreat from its colonies, eventually culminating in the creation of the phrase 'the sun never sets on the British Empire' becoming ironic. Sunsets everywhere became significantly more dramatic.. Fact: This event can be seen as the beginning of the end for colonialism; kind of like when your parents finally let you stay out late but you never returned home on time!.
- Headline: BARON DUKESSTON, LABOR LEADER, 67; Ex-President of British Trades Union Congress Dies--Once Laborer for Railway. Impact: Dukesston's passing led to a series of labor reforms that ultimately resulted in the rise of casual Fridays in workplaces worldwide. Who knew a labor leaderβs death could lead to people wearing flip-flops to work?. Fact: Baron Dukesstonβs journey from laborer to leader shows that with hard work, even those with a humble beginning can end up with a title that sounds like a character from a bad fantasy novel..
- Headline: SENATE GROUP VOTES NATIONAL HEART BILL. Impact: The National Heart Bill led to an unexpected obsession with heart health, giving rise to countless fad diets that have come and gone. Who knew that a bill could inspire people to count their kale intake?. Fact: Did you know that the heart is technically just a muscle that refuses to stop beating no matter how much we ignore it? Itβs the overachiever of the body..
- Headline: BOY HEROES HAILED FOR BIAS PROTEST; School Safety Patrol Winners Receive Medals at City Hall and Are Feted by Club SEE POLICE HEADQUARTERS Truman Gets a Note Assailing Segregation That Kept City Group From Capital. Impact: The bravery of these young heroes inspired a generation to take a stand against injustice. This eventually led to the infamous 'Youth Protests for Pizza' movement, where kids demanded better toppings and equal cheese distribution.. Fact: Interestingly, these boy heroes were so influential that their actions prompted debates about bias in school lunches. Who knew pizza toppings could be so political?.
- Headline: CHORUS FESTIVAL TONIGHT; Nearly 2,500 Singers to Appear at Westchester Center. Impact: The chorus festival became a launching pad for a multitude of future musical acts, with some singers going on to create a new genre called 'Choral Hip-Hop.' Yes, that's a thing now.. Fact: With 2,500 singers, this event had more vocal talent than the entirety of modern pop music combinedβno autotune required!.
- Headline: MEHAFFEY LEAVES CANAL ZONE HELM; General, Ending Term as Governor in Last 4 Critical Years, Sails From Cristobal. Impact: Mehaffeyβs departure signified a pivotal moment in the Canal Zone's history, leading to a wave of changes that eventually resulted in the famous βCanal Zone Tourism Boomβ where people flocked to see where no one really wanted to go.. Fact: General Mehaffeyβs time as governor was so significant, historians still argue about whether it was more impactful than the invention of the rubber duck..
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)