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 January 17, 1950
Full News Archive
- Headline: Work Clothes Show Boosted by Wage Law. Impact: The surge in work clothes purchasing led to a fashion trend that redefined office wear, making 'business casual' a thing. Fast forward, and now people wear pajamas to Zoom calls, all thanks to some law about wages.. Fact: In the 1950s, the idea of wearing clothes made for work was revolutionary! Now we have 'athleisure' β where the only labor involved is deciding which sweatpants to wear..
- Headline: STYLE MIX SHOWN IN ROOM SETTINGS; McCreery's Illustrates How It's Done, Even Changing Colors From One Shelf to Next DARK AND LIGHT FURNITURE ALTERNATES IN A MODERN MIXTURE. Impact: The mix of furniture styles was the first step towards the modern-day aesthetic of 'I bought this at ten different stores and I don't care if it matches.' A revolution in interior design that continues to confuse guests.. Fact: The term 'eclectic' was born out of the 60s, proving that 'chaos' is just another word for 'unique' when it comes to home dΓ©cor..
- Headline: U.S.-China Wage Rift Settled. Impact: This settlement may have temporarily calmed tensions, but it set the stage for a long-term relationship fraught with wage disputes and trade talks that would lead to everyone arguing over who made what for decades.. Fact: Did you know that wage disputes have been the backbone of U.S.-China relations? It's like a never-ending episode of a soap opera, but with more tariffs..
- Headline: TIES PHONE RATE TO PAY; Jersey Bell Sees $1 More on Bill if Operator Wage Rises. Impact: This connection of wages to phone rates led to a national debate about the cost of living and how much people were willing to pay for a phone call β which ultimately led to the invention of texting and the current state of 'who even calls anymore?'. Fact: Fun fact: Back in the day, a $1 increase on a phone bill was a big deal. Now, weβre just thankful when the WiFi doesnβt drop during our video calls!.
- Headline: 3, MASKED, IN BOSTON ROB HOTEL OF $47,000. Impact: This robbery added to Boston's reputation for crime, giving rise to countless movies about 'the Boston heist' that made us all believe we could pull off a crime caper β if only we had the brains, guts, and a better getaway car.. Fact: Did you know that the only thing more frequent than robberies in Boston are the movies based on them? Hollywood loves a good heist story, especially if it involves a Dunkin' run!.
- Headline: INDIAN AID BILL APPROVED; $88,000,000 Navajo-Hopi Plan Wins House Group Backing. Impact: This bill was a small step towards recognizing Native American rights, leading to a long, complicated path that would still see continued struggles for sovereignty and recognition today. Itβs a reminder that sometimes, laws take a little longer to actually mean something.. Fact: In 1950, an $88 million aid bill sounded like a fortune. Today, it barely covers a politician's lunch budget β and we wonder why things take so long!.
- Headline: COPLON DATE PLOT DENIED BY LAWYER; Didn't Take Her Out to Get Evidence, He Says--Supreme Court Upholds Conviction Supreme Court Bars Retrial. Impact: This case highlighted the complexities of espionage and legal battles, setting a precedent that would make future spy scandals more dramatic than any Hollywood film β and infinitely more confusing.. Fact: The Coplon case was the 'will they, wonβt they' of the espionage world. Spoiler alert: it involved a lot of courtroom drama and not nearly enough popcorn..
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)