Breakthroughs and everyday innovations from the year.
HEADLINES ON May 8, 1949
Full News Archive
- Headline: U.N. Supports Easing Franco Ban. Impact: This political maneuvering allowed Franco to maintain power a bit longer, which led to a prolonged period of tension in Spain, ultimately inspiring a whole genre of sad songs about lost love and lost freedom.. Fact: Interesting tidbit: Abstaining in politics is like ordering a salad at a steakhouse. Everyone knows you're there, but nobody understands why..
- Headline: New Aide Named for Princess. Impact: This seemingly trivial appointment eventually led to an entire industry of royal aides, with each new hire bringing an unexpected level of chaos to royal engagements. Who knew a lady-in-waiting could be such a game-changer?. Fact: Did you know that being a lady-in-waiting is not just about waiting? Itβs also about perfecting the art of royal gossipβthe unofficial job description!.
- Headline: HEAD OF A TRAVELER. By Nicholas Blake. 244 pp. New York: Harper & Brothers. $2.50.. Impact: This book, while likely selling poorly, inspired countless aspiring writers to believe they could also publish memoirs about their mundane travels, leading to the rise of 'influencer culture' decades later.. Fact: Fun fact: The $2.50 price tag was a significant investment at the time. Today, you can barely buy a cup of coffee for thatβunless itβs from a hipster cafΓ©, of course!.
- Headline: WORLD PARLEY URGED FOR HOUSING ACTION. Impact: This call for a conference led to an endless cycle of discussions about housing that are still unresolved today. Itβs like the never-ending sequel of a bad movie that just keeps getting more confusing.. Fact: Fun fact: Parleys are just fancy meetings where everyone pretends to listen while secretly scrolling through their phones. Who would have thought?.
- Headline: Conant Heads College Group. Impact: The election of J B Conant revolutionized college leadership, leading to the unfortunate trend of administrators becoming more like overprotective parents than actual leaders. This made campus life a rollercoaster of confusion and bureaucracy.. Fact: Did you know that heading a college group qualifies you for the most elite title: 'Professional Paper Shuffler'? It's highly coveted among those who enjoy paperwork more than people..
- Headline: IN NEW ENGLAND; Accommodations for All at Rates Suited To All Vacationists Is the 1949 Goal. Impact: This ambitious goal of accommodating all vacationists eventually led to the creation of Airbnb, which turned every home into a potential money-making ventureβthus ruining vacations for everyone who just wanted a quiet getaway.. Fact: Fun fact: The phrase 'rates suited to all' was actually a code for 'bring your own sleeping bag.'.
- Headline: PLENTY OF EVERYTHING; Even Color Film in Good Supply This Summer. Impact: The availability of color film sparked a visual revolution, leading to a world where everyone felt compelled to document their every meal in glorious colorβeventually spawning Instagram and the art of food photography.. Fact: Did you know that the invention of color film was the original reason why people started taking selfies? It was an entirely new way to showcase their avocado toast!.
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)