Breakthroughs and everyday innovations from the year.
HEADLINES ON January 9, 1950
Full News Archive
- Headline: Thomas Brockman's Debut Concert. Impact: Brockman's debut inspired a whole generation of pianists who believed they could also make a splash by simply showing up. This led to a global influx of mediocre piano recitals that still haunt concert halls today.. Fact: Did you know that Brockman's first bow was actually just him trying to untangle himself from the piano bench? Classic stage move..
- Headline: Adolfo Continho: A Pioneering Figure. Impact: Adolfo Continho's arrival sparked a chain reaction that birthed a thousand coffee shops named after him, leading to an explosion of artisanal espresso drinks that no one really asked for.. Fact: Fun fact: If you say 'Continho' three times in a row while holding a cup of coffee, you summon the spirit of overpriced lattes..
- Headline: Congress Faces 1951 Budget Deficit Concerns. Impact: This budget crisis convinced Congress that squabbling over money could be an art form, paving the way for decades of budget standoffs and government shutdowns, all while the public slowly lost faith in politicians.. Fact: Did you know that arguing about the budget became the go-to pastime for Congress, replacing bingo and knitting circles?.
- Headline: Slovak Recital at Times Hall. Impact: The Slovak recital led to a cultural renaissance that made accordion music trendy again, plunging the world into a brief but intense love affair with polka dancing.. Fact: Fun fact: Accordion players are often seen as the rockstars of Slovak culture, which is why they have more groupies than you'd expect..
- Headline: HOOVER BOARD TELLS OF BIG U.S. SAVINGS. Impact: This announcement of savings was the catalyst for countless Americans to start hoarding change, eventually leading to the Great Coin Jar Movement of the '60s.. Fact: Did you know that the average American's coin jar could fund a small country's GDP? Just kidding, but it sure does add up!.
- Headline: OVERTURE HAS PREMIERE; Philharmonic Plays Piket Work for First Time Here. Impact: The premiere of Piket's overture led to a surge in avant-garde compositions, resulting in a generation of composers who believed that any sound could be music, including silence.. Fact: Fun fact: Piket's overture was so avant-garde that even the musicians werenβt sure when to start playing. Talk about a dramatic pause!.
- Headline: Dewey Weighs Giving State Control of Residential Rents; CONTROL OF RENTS BY STATE WEIGHED. Impact: Dewey's consideration of state control over rents led to a never-ending debate about affordability, ultimately resulting in the invention of the phrase 'Itβs not you, itβs the rent.'. Fact: Fun fact: Many believe that the rent control debate is the real reason why so many people have a second job as 'roommate finder.'.
- Headline: 2,768,567 Telephones Keep City in World Lead. Impact: The astounding number of telephones set off a competition among cities to outdo New York, leading to cities installing phone booths with hot tubs and snack bars. Spoiler: It didnβt last long.. Fact: Did you know that at least half of those telephones were used for people to complain about the other half? Communication at its finest!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1950, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1950, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1950, it would be worth $23,651,330 today (23651.3x return)