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HEADLINES ON February 24, 1950
Full News Archive
- Headline: Truman's Emergency Rail Board Announcement. Impact: The delay in the rail strike resulted in an unintended consequence: a nationwide obsession with trains, leading to the creation of 'Trainspotting: The Musical'βa cultural phenomenon no one asked for.. Fact: If you think naming rail boards is thrilling, you should see what happens when they discuss the color of the train seats..
- Headline: Appellate Division to Decide Fare Dispute. Impact: The court ruling on omnibus fares sparked a series of public transport debates that eventually led to the invention of Uberβbecause apparently, waiting for buses is just too ancient.. Fact: Omnibus fares were so confusing that many passengers thought they needed a PhD to calculate their change..
- Headline: Russians and Czechs Sign. Impact: This pact was the beginning of a complicated relationship between Russia and Czechoslovakia, which later inspired the hit TV show 'Friends'βbecause who doesnβt love a good drama?. Fact: Signing pacts is like dating; itβs all fun and games until someone leaves the toilet seat up..
- Headline: DUTCH-INDONESIAN CLASH; Jakarta's Troops Said to Have Fired on Convoy in Java. Impact: The Indonesian clash led to a series of diplomatic negotiations that eventually ended with the phrase 'peace through pastries' becoming the dominant foreign policy strategy.. Fact: When the shooting started, the soldiers realized they should have opted for a cookie exchange instead..
- Headline: POINT 4 BACKED AS AID TO WOMEN IN FAR EAST. Impact: The advocacy for women's aid in the Far East eventually spiraled into a global movement that empowered women to take chargeβstarting with the right to choose their own Netflix shows.. Fact: Dr. Miller later realized that raising womenβs status was a lot easier than trying to raise the status of his own houseplants..
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)