Breakthroughs and everyday innovations from the year.
HEADLINES ON June 23, 1949
Full News Archive
- Headline: Fashion Tips for Summer 1949. Impact: This fashion advice somehow led to the 1970s shorts craze, which caused a worldwide shortage of denim. Who knew summer separates could be so impactful?. Fact: Did you know that the last time someone used 'interchangeable wardrobes' in a sentence, they were actually talking about their sock drawer?.
- Headline: Electrical Engineers Elect New President. Impact: This election sparked a fierce competition among electrical engineers, leading to the invention of the toaster that burns your toast just rightβa key moment in breakfast history.. Fact: Congratulations, J F Fairman! Youβre now the elected official of a group that still canβt decide on a universal plug design..
- Headline: Dulles on Soviet Struggles and Movements. Impact: Dulles' predictions about the Soviet Union's internal strife inadvertently inspired a wave of espionage novels, which in turn led to an entire generation believing they too could be spies. Spoiler alert: they couldn't.. Fact: Did you know that no one really knows where Dulles got his crystal ball? Itβs been missing since the Cold War..
- Headline: Wins Memorial Award At Printers' Graduation. Impact: Winning this award inspired a new generation of printers to create the worldβs first βprint-on-demandβ services, which ultimately resulted in an explosion of self-published novels no one ever asked for.. Fact: Fun fact: The only thing more printed than Harry Potter fan fiction is the number of awards given at graduation ceremonies..
- Headline: Rotary Chief Has Operation. Impact: This operation led to a nationwide increase in rotary meetings focusing on health, which ironically caused a spike in donut consumption during breaks.. Fact: Did you know that 'Rotary' is just a fancy way to say 'letβs get together and talk about everything but the real issues'?.
- Headline: FRANKFURTER, REED TESTIFY TO LOYALTY, INTEGRITY OF HISS; Defense Produces Typewriter U. S. Charges Wife Used to Copy Papers for Courier MAID'S SON IDENTIFIES IT Says He Got It on Moving Day -- Mother Swears She Saw Chambers Only Once 2 JURISTS TESTIFY TO LOYALTY OF HISS. Impact: This case ultimately opened the floodgates for conspiracy theories about government loyalty that still haunt us today, including the infamous 'Hiss was really an alien' theory.. Fact: In case you were wondering, the typewriter used in this case was actually a prototype for the world's first 'gossip machine'..
- Headline: LOCAL BEER ON TAP TODAY; First Deliveries in 12 Weeks Mark End of Strike. Impact: The resumption of beer deliveries led to an unprecedented spike in local bar friendships, which somehow caused a world record in awkward karaoke performances.. Fact: Did you know that beer is the only thing that can bring people together, even if they have absolutely nothing in common? Cheers!.
- Headline: Milk Price Method Continued. Impact: The continued method of milk pricing inadvertently led to the βGreat Milk Warsβ of 1950, where local farmers engaged in a fierce battle over who could sell milk cheaper, resulting in the first-ever milk carton fight.. Fact: Fun fact: The price of milk has been blamed for more family arguments than the remote control..
- Headline: EXPERTS TO AID GREECE; ECA to Send Ex-President of Republic Steel as Consultant. Impact: Sending experts to Greece led to the creation of a new Greek philosophy: 'How to solve your problems with a consultant instead of a philosopher.'. Fact: Did you know that consulting is just a fancy term for 'I can help you figure out what you should have done yourself'?.
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)