Breakthroughs and everyday innovations from the year.
HEADLINES ON July 10, 1948
Full News Archive
- Headline: Merchant Mariners Face Draft in 1948. Impact: When the Army decided that former Merchant Mariners weren't exempt from the draft, it set off a chain reaction that eventually led to every former sailor becoming an armchair general in their local taverns, arguing over the most tactical way to open a bottle of beer.. Fact: Did you know that some of these 'non-exempt' sailors probably had no idea what they were signing up for? They thought they were just delivering cargo, not auditioning for a role in a war movie!.
- Headline: Dr. Clarence S. Copeland's Contributions. Impact: Clarence S. Copelandβs name resurfacing in headlines ensured that every subsequent historian would mistakenly assume he was a prominent figure, leading to countless awkward references in future documentaries.. Fact: Did you know that Dr. Copeland once tried to start a rumor that he invented the sandwich? He didn't, but it was a great way to get people to remember his name!.
- Headline: STEEL ALLOCATIONS SEEN NOT WANTED; Head of Conference of Small Business Organizations Doubts Efficiency. Impact: When small business organizations doubted the efficiency of government steel controls, it planted the seeds for countless backyard BBQs where people would debate the merits of government regulation versus their cousin's hot dog recipe.. Fact: Fun fact: The head of the small business organization was once a blacksmith. Talk about irony in the steel debate!.
- Headline: House Group to Cite 9 Unionists For Contempt in Store Inquiry; UNION HEAD AT CONGRESSIONAL HEARING HERE HOUSE GROUP VOTES TO CITE 9 LEFTISTS. Impact: Citing unionists for contempt was a bold move that led to the creation of an underground unionist network, where secret handshakes replaced traditional labor negotiations. Trust me, it got weird.. Fact: Did you know that one of the cited unionists later became a motivational speaker? 'Just say no to answering questions!' is his motto..
- Headline: At Work on New Council Of Churches of Christ. Impact: The establishment of a new Council of Churches of Christ led to an unexpected boom in interfaith dialogue, which ultimately resulted in an annual potluck where everyone brought their best casserole and tried to outdo each other.. Fact: Fun fact: Rev Dr E.F. Adams once tried to organize a bake-off but was told it was too sinful. Guess they couldn't handle the heat!.
- Headline: 25 to Become Policewomen. Impact: The decision to train 25 women as policewomen in a time when women were often relegated to the sidelines unleashed a wave of 'girl power' that would eventually lead to the invention of the phrase 'You go, girl!'. Fact: Did you know that one of the pioneers in this group later became a detective just to solve the mystery of who stole the last donut in the precinct?.
- Headline: Claims 'Double' Illegal, Sues for $25,000,000. Impact: J.E. Donovan Jr.'s lawsuit against the daily-double betting operators led to a massive overhaul of gambling laws, proving once and for all that people will gamble on anything, including whether or not this lawsuit would actually go anywhere.. Fact: Fun fact: Donovan bet on himself winning the lawsuit, which just added to the irony of the situation!.
- Headline: Times Square Information Booth, An 'Eyesore,' Is Razed by Police; One Patrolman at a Small Telephone Post Will Give Answers Until Larger, More Modern Structure Is Built This Month. Impact: When the Times Square information booth was razed, it marked the beginning of an era where tourists would wander aimlessly, thinking they could still find directions by sheer willpower, leading to a spike in hot dog sales as they searched for food instead.. Fact: Did you know that the booth was actually a front for a highly successful hot dog stand? The police may have done a great service to the aesthetics, but they also killed a beloved local delicacy!.
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)