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 18, 1949
Full News Archive
- Headline: GE Stockholders See Notable Growth. Impact: The increase in GE holders led to a surge in stock market enthusiasm. This eventually inspired a generation to invest in tech stocks, leading to the dot-com bubble and the creation of a million 'experts' who think they can time the market. Thanks, GE!. Fact: Did you know that stockholders are often just like your relatives? They only show up when there's money involved!.
- Headline: Durban Racial Tensions Emerge Again. Impact: The warning of new race riots set off a chain reaction of racial tensions that would echo throughout South Africaβs history, eventually leading to the end of apartheidβbecause nothing says 'letβs resolve our issues' like a good old-fashioned riot.. Fact: Race riots: the only time when 'keeping the peace' means throwing a party with tear gas and barricades instead of cake and balloons..
- Headline: CITY RELIEF CASES UP 6,441 IN MARCH; Largest Rise in 11 Years Laid by Hilliard to Joblessness -- Costs Increase $558,713 CITY RELIEF CASES UP 6,441 IN MARCH. Impact: The dramatic increase in city relief cases foreshadowed the coming economic upheaval, leading to decades of debates about welfare and the economy that ultimately resulted in politicians using the term 'workfare' as a buzzword instead of a solution.. Fact: Remarkably, the average grant per case is still lower than what most of us spend on avocado toast in a month!.
- Headline: CHAPIN SAYS REDS PLOT CHURCH USE; Envoy to Hungary Charges Drive to Absorb All Faiths in New Secular Religion. Impact: Chapin's accusation about Reds plotting to absorb the church sparked paranoia that reverberated through the Cold War, leading to countless films depicting communists with diabolical plans for our Sunday services. Thanks to him, we now have the ultimate horror trope!. Fact: The only thing scarier than a Red plot? The idea of missing brunch on a Sunday morning!.
- Headline: Rice Riots in Chungking. Impact: The rice riots in Chungking were a precursor to the social unrest that would eventually lead to major changes in Chinese society and governance, showing that when people are hungry, they tend to get a bit rowdy. Who knew?. Fact: Rioting over rice is just proof that people will fight for their carbs. Bread may be the staff of life, but rice is the roundhouse kick!.
- Headline: SLAIN BOY IS BURIED; FRIENDS LINE STREET. Impact: The funeral of the slain boy highlighted the ongoing issues of violence in society, setting off debates on gun control and youth safety that would continue for decades, proving that sometimes the only thing that changes is the decade.. Fact: Funerals are the only events where people gather to mourn a loss, but also to network. It's like a very morbid business meeting..
- Headline: FUND LACK TO HUSH U.S. RADIO IN BERLIN; Voice That Has Served West in 'Cold War' to Be Turned Over to Germans or Britain. Impact: The funding issues of U.S. radio in Berlin reflect the broader struggles of Cold War media, highlighting how information dissemination could tip the scales of power. Spoiler alert: it didnβt go as planned.. Fact: Turns out, the Cold War was basically just a really expensive game of 'who can shout the loudest.'.
- Headline: Challenges Mayor to Debate. Impact: J.O. Glass's challenge to debate the mayor was a pivotal moment where local politics met theatrical drama, paving the way for future political debates to be more about showmanship than real issues. Thank you, reality TV!. Fact: Debates are just like reality TV: a lot of drama with very little substance, and someone always ends up looking ridiculous..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1949, it would be worth $3,433,939 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1949, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1949, it would be worth $147,887 today (147.9x return)