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 May 26, 1949
Full News Archive
- Headline: Ferry Point Park Development Approvals. Impact: The construction of a beach in the Bronx led to a spike in sunburn cases in NYC. It also inadvertently resulted in a new fashion trend of 'beach chic' in the concrete jungle, paving the way for future hipster beachwear lines.. Fact: Did you know that the Bronx is famous for its beach now? Well, not really, but itβs definitely a conversation starter at parties!.
- Headline: Bridges Indicted on Perjury Charges. Impact: Bridges' indictment set off a chain reaction in labor movements, causing future labor leaders to become more secretive about their political affiliations. This paranoia over communism oddly led to an increase in the popularity of 'secret handshake' clubs.. Fact: Did you know that being accused of communism was basically the 'cancel culture' of the 20th century? It was all the rage!.
- Headline: Eye of Victor Reuther Removed; Assassin Is Hunted on Slim Clues; REUTHER LOSES EYE; ASSASSIN HUNTED. Impact: Reuther losing an eye launched a series of 'eye patches as fashion statements' across labor unions, forever changing the style of union leaders and giving rise to the term 'pirate chic' in the workplace.. Fact: Did you know that losing an eye can sometimes lead to a booming career in pirate cosplay? Who knew labor struggles could be so fashionable?.
- Headline: GULF OIL PROFITS DROP; Stockholders Are Told of New Sources of Supply in Canada. Impact: The drop in Gulf Oil profits led to massive investment in renewable energy decades later. Ironically, it sparked a race for oil companies to appear 'green' while their actual operations were still fossil-fueled.. Fact: You know what they say: When oil profits drop, just slap a leaf on your logo and call it 'sustainable!'.
- Headline: One Dead in U. S. Embassy Fire. Impact: The embassy fire prompted a global review of building safety standards. In the long run, it led to the introduction of mandatory fire drills, which everyone still pretends to take seriously.. Fact: Did you know that fire drills are just practice for when the coffee machine breaks down? Now that's a real emergency!.
- Headline: LILIENTHAL CALLS FOR A FULL INQUIRY; He Says Charges of Atomic Mismanagement Create World Fears, and Facts Belie Them LILIENTHAL CALLS FOR A FULL INQUIRY. Impact: Lilienthal's call for inquiry into atomic mismanagement led to a decades-long game of nuclear hot potato, where countries passed the blame around like a bad party favor, increasing global tensions.. Fact: Did you know that nuclear fears are like bad relationships? Everyone's scared, but no one wants to be the first to say 'let's talk about it!'.
- Headline: UNIFICATION CHANGE REJECTED IN SENATE; Majority Bars Giving Secretary Power to Transfer Combat Units to Another Service MOVES TO STIFFEN UNIFICATION LOSE.
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)