Breakthroughs and everyday innovations from the year.
HEADLINES ON August 17, 1949
Full News Archive
- Headline: Portland's Punchboard Prohibition. Impact: The ban on punchboards led to a dramatic rise in the sales of board games and a resurgence of family game nights, which inadvertently resulted in the invention of overly competitive family feuds. Thanks, Portland!. Fact: Punchboards were basically the ancestor of modern lottery systems. So, if you ever played the lottery and lost, you can thank Portland for showing you that losing can be a community effort..
- Headline: Norma Productions Acquires Mailer Novel Rights. Impact: The purchase of Mailer's novel and subsequent film adaptation not only solidified the 'anti-war' genre in cinema but also led to an explosion of existential dread in American households whenever a war movie came on TV. Thanks, actors, for reminding us of our mortality!. Fact: The title 'The Naked and the Dead' was chosen because 'The Fully Clothed and Alive' just didnβt have the same ring to it, or the same market potential, apparently..
- Headline: Rebels Accuse Yugoslavs. Impact: The accusations led to a game of βhe said, she saidβ that lasted for decades, resulting in a diplomatic landscape filled with mistrust and awkward silences at international meetings. Who knew rebels could be so dramatic?. Fact: It's funny how accusations can escalate into full-blown conflicts. Kind of like when you blame your sibling for stealing your fries, but on a much, much larger scale..
- Headline: ALBANIA REPORTED TO FACE A CRISIS; Economic Conditions Are Held Critical as Result of Role in Greece's Civil War. Impact: Albania's economic crisis during Greece's Civil War not only created a chaotic atmosphere but also laid the groundwork for future political parties that thrived on the 'let's not do what they did' philosophy. Thanks, crisis!. Fact: Albania was often overlooked in favor of its flashier neighbors, but it had its fair share of drama too. Who needs a soap opera when you have a whole country in turmoil?.
- Headline: MRS. TRUMAN HERE FOR ENVOY'S PARTY; With Daughter, She Attends Farewell Luncheon on Liner for Mrs. Mesta. Impact: Mrs. Trumanβs attendance at this luncheon may have inadvertently inspired future first ladies to prioritize social events over policy discussions, forever shifting the focus of political gatherings to who wore what.. Fact: Luncheons like this used to be the place where political alliances were formed over finger sandwiches. Now, we just have Twitter for thatβprogress, right?.
- Headline: Van Zeeland Named Council Head. Impact: Van Zeelandβs election may have been the catalyst for a series of council meetings that eventually bored everyone to tears, leading to the invention of the βsnooze buttonβ somewhere in an office in Brussels.. Fact: Being the head of a council might sound glamorous, but in reality, it often involves long meetings where everyone pretends to care about budgets. Exciting stuff!.
- Headline: British Colliery Strike Off. Impact: The end of the colliery strike likely led to a temporary sense of relief, only for workers to realize later that they had simply traded one set of problems for anotherβsuch is the life of labor negotiations.. Fact: Strikes are a lot like family reunions: they often involve a lot of shouting, a few tears, and someone inevitably refusing to back down..
- Headline: RED WITNESS SEES POSSIBLE VIOLENCE; Revolution in U.S. Would Not 'Necessarily' Be Peaceful, Party Member Admits FORCE STRESSED IN STUDY Prosecution at the Trial Here Reads Communist Outline Pointing to Use of Fear. Impact: The admission about possible violence in a revolution not only raised eyebrows but also likely fueled a whole genre of dystopian novels that imagined a world where people took their grievances to the streets rather than the ballot box. How quaint!. Fact: The idea of a peaceful revolution is almost as mythical as a unicorn. Spoiler alert: it usually involves some level of shouting and possibly a few broken windows..
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)