Breakthroughs and everyday innovations from the year.
HEADLINES ON June 30, 1948
Full News Archive
- Headline: Dewey Speaks on Berlin Crisis. Impact: Dewey's warning about the Berlin crisis led to a chain reaction where subsequent politicians felt the need to make equally dramatic declarations. This eventually led to the creation of the dramatic 'Crisis Response Bingo' game, where every politician tries to outdo each other's rhetoric.. Fact: Dewey's name became synonymous with a certain type of cautious optimismβmuch like that friend who always says, 'Don't worry, it can only get better!' while staring at a rapidly sinking ship..
- Headline: Commemorating Rough Riders' Legacy. Impact: The introduction of special stamps for the Rough Riders' anniversary ignited an unexpected stamp-collecting craze, leading to the first-ever 'Stamp Wars' in living rooms across America.. Fact: These stamps were so popular that they almost overshadowed the fact that the Rough Riders were a group of men who thought charging up a hill was a good idea..
- Headline: SOKOLOVSKY HINTS BERLIN BLOCKADE WILL BE RELAXED; Soviet General 'Hopes' Rail Line Will Be Repaired Before Food Supply Runs Out COUNCIL DEFIES RUSSIANS Votes to Direct Appeal to U.N.--Mob Rushes Radio Station Controlled by Reds BERLIN BLOCKADE MAY BE RELAXED. Impact: Sokolovsky's hints led to a slight thaw in relations, sparking a bizarre trend of 'Berlin Blockade Relaxation Parties' where people celebrated with food that wasn't previously availableβuntil they were all promptly reminded it was still very much a blockade.. Fact: For every hint of easing the blockade, there was a corresponding increase in people gathering at the Berlin Wall to throw imaginary partiesβbecause nothing says freedom like a good ol' fashioned imaginary feast..
- Headline: Cigarettes in 130 Cars Seized As New Tax in New Jersey Nears; CIGARETTE DRIVE FOILS SMUGGLERS. Impact: The seizure of cigarettes in New Jersey inspired a wave of underground tobacco-themed heists, paving the way for a new genre of crime drama: 'The Great Cigarette Caper'.. Fact: This was the start of the New Jersey tobacco-smuggling scene, which many argue is still going strong todayβthough now they just call it 'vaping'..
- Headline: French Military Debate Starts. Impact: The French military debate on budget led to an increase in military-themed reality shows, where viewers could vote on which military projects should be fundedβmaking military spending a spectator sport.. Fact: This debate was so riveting that it was rumored to have inspired a French version of 'Survivor', where generals would compete in tactical challenges for budget control..
- Headline: Indies Negotiator Returning. Impact: Du Bois's return to the U.S. spurred a wave of intellectual gatherings, inadvertently leading to the 'Coffee Shop Intellectual Movement' where discussions turned into hours-long debates about everything from politics to the best way to brew coffee.. Fact: Many of these gatherings are still happening today, but now they often involve artisanal lattes and heated debates over the merits of oat milk..
- Headline: PERUVIAN PRESIDENT SEES 'ACUTE' CRISIS. Impact: The Peruvian president's declaration of an acute crisis set off a series of 'crisis management seminars' in every office around the globe, where leaders learned how to turn any minor inconvenience into a full-blown emergency.. Fact: This was the real beginning of the 'Crisis Management' industry, which is now so extensive that it has its own reality TV seriesβ'Survivor: Office Edition'..
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)