Breakthroughs and everyday innovations from the year.
HEADLINES ON July 25, 1948
Full News Archive
- Headline: Newfoundland's Federation Vote Narrow Margin. Impact: The 4% margin for Newfoundland's federation with Canada not only united two regions but also inadvertently led to a surge in maple syrup production, which then resulted in Canada becoming the worldβs leading producer of maple-flavored everything. You're welcome, breakfast lovers.. Fact: Did you know that Newfoundland's decision led to more than just political union? It also inspired countless puns about the 'Great White North,' which are still cringeworthy today..
- Headline: Farben Liquidation and Decartelization Efforts. Impact: The liquidation of Farben was the beginning of the end for chemical cartels, which caused a butterfly effect that led to today's rampant DIY home chemistry kits, resulting in more explosions in basements than the average reality TV show.. Fact: Fun fact: Farben was so big that breaking it up felt like dividing a pizza where everyone wanted the pepperoni sliceβgood luck with that!.
- Headline: Whitepaw Goes North Release. Impact: Grew's 'Whitepaw Goes North' became a bestseller, leading to a sudden increase in pet travel guides, which ultimately resulted in dogs being the most pampered species on the planet. Paws up for that!. Fact: Fun fact: If only 'Whitepaw' had been a cat, we might have achieved world peace by nowβcats have that mysterious aura, after all..
- Headline: THE WEB OF EVIL. By Lucille Emerick. 304 pp. New York: Doubleday & Co. $3.. Impact: Emerick's 'Web of Evil' paved the way for a generation of conspiracy theorists, who now believe that every mundane event is part of a grand, sinister plot. Spoiler alert: itβs usually just someone not doing their job.. Fact: Did you know Lucille Emerick was actually accused of being a psychic after writing this book? No? Well, now you do..
- Headline: World Health Meeting Ends. Impact: The conclusion of the World Health Meeting led to the establishment of health standards that somewhat ironically resulted in a lot of people still not washing their hands. Cheers to human stubbornness!. Fact: Did you know that the U.S. dissent over budget formulas is basically the adult version of 'I donβt want to pay for your toys?' Classic!.
- Headline: U.S. Airlift Plane Crash In Berlin Kills Two Fliers. Impact: The tragic crash of the U.S. Airlift Plane in Berlin not only highlighted the dangers of air transport but also led to stricter regulations that now keep your flight delays to a minimum. Silver linings, am I right?. Fact: It's a sad but interesting fact that this incident highlighted the risks of airlifting supplies, a precursor to today's 'fly with your own snacks' movement..
- Headline: M'ARTHUR'S CURB EMBITTERS UNIONS; Leaders of the Civil Servants in Japan Stress Low Pay in Reply to Ban on Strikes. Impact: MacArthurβs ban on strikes in Japan led to a workers' rights movement that echoed throughout history, eventually inspiring every frustrated employee to roll their eyes at their bosses. Progress, folks!. Fact: Did you know that 'low pay' became the rallying cry for unions worldwide? It's basically the worker's version of 'can I speak to the manager?'.
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)