Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON November 3, 1949
Full News Archive
- Headline: Lehman Criticizes Dulles' War Conduct. Impact: Lehmanβs criticism of Dulles led to an unexpected surge in student activism, causing a chain reaction that eventually resulted in the invention of the modern protest signβcomplete with glitter and hashtags.. Fact: Lehmanβs remarks were so impactful that they inspired a whole generation of politically-active students who would later forget what they were protesting about..
- Headline: Monopoly Over Coin-Box Washers Broken. Impact: The anti-monopoly injunctions against coin-box washers created a ripple effect, leading to the invention of laundry apps. Who knew a dirty sock could spark a tech revolution?. Fact: Before this ruling, people thought βcoin-operatedβ meant you could buy a fortune cookie with your laundryβnow, just imagine the possibilities!.
- Headline: E.R.P. Council Advocates Trade Curb Reductions. Impact: The E.R.P. Councilβs call for a trade cut not only changed European commerce but also inadvertently led to the rise of barter systems, where people traded homemade bread for shampooβa trend that still confuses economists today.. Fact: Hoffman's warnings of a 'new kind of dark age' only served to inspire the worldβs most dramatic interpretations of medieval fashion in modern business meetings..
- Headline: CHURCHILL BARES AUTHOR'S BURDENS; He Compares Writing of Book to Adventure in Servitude -Discusses English Usage. Impact: Churchill comparing writing a book to servitude led to the misconception that all authors are just sad slaves to their keyboards, which later inspired a whole genre of tortured writer films.. Fact: Rumor has it that Churchill's book was just a long-winded way of saying, 'Writing is hard, folks; send help!'.
- Headline: SURVEY IS ISSUED ON INDUSTRIAL ADS; N.I.A.A. Study of 335 Concerns Shows Rising Share of Dollar Sales Income Being Used. Impact: The N.I.A.A. study revealed that advertising budgets were growing, paving the way for the infamous 'ad fatigue' phenomenon where consumers just learned to block out 90% of what they seeβthank you, ad-blockers!. Fact: This survey was the first time businesses realized that people would rather scroll through cat videos than watch their adsβwhat a shocking revelation!.
- Headline: EUROPEANS CONFER TODAY ON BONN BID; 12 Foreign Ministers to Take Action on Inviting West Germany Into Council. Impact: The conference on Bonn's bid was the beginning of diplomatic speed-datingβwhere countries would awkwardly meet to see if they wanted to commit to any long-term relationships.. Fact: If only foreign ministers had known that the real key to success was just swiping right on each other's proposals..
- Headline: CUT IN PRICES SEEN 5% ON DEVALUATION; Dr. Collins Tells Thread Group Effect on Rubber, Tin, Wool, Jute Will Be Negligible. Impact: The anticipated price drop from devaluation sent ripples through the economy, leading to a bizarre trend where people hoarded rubber and jute as if they were preparing for the apocalypse.. Fact: This was the beginning of the βrubber panic,β where everyone suddenly thought they were going to need a lot of bouncy balls for their survival kits..
- Headline: LABORITES ASSAILED ON PEANUT PROJECT. Impact: The backlash against the Laboritesβ peanut project eventually led to a national obsession with artisanal peanut butter, resulting in the hipster movement we know and tolerate today.. Fact: It's said that every time someone complains about the price of organic peanuts, a Laborite cries in a corner..
- Headline: REALTY MAN HEARD IN TAX LIEN INQUIRY. Impact: The tax lien inquiry into P. Godfrey's dealings led to a series of government investigations that would eventually become the plot of several mediocre detective novelsβand you know how those end.. Fact: This is the moment when people realized that real estate and tax fraud are just two sides of the same coin, and they're both very shiny and suspicious..
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)