Breakthroughs and everyday innovations from the year.
HEADLINES ON March 20, 1950
Full News Archive
- Headline: Catholics Urged to Hoard Memories. Impact: This communion breakfast sparked a movement where memories became the leading currency, leading to a bizarre economy where people traded embarrassing childhood tales for coffee.. Fact: Fun fact: no one actually remembers what they had for breakfast that day, proving once and for all that breakfast discussions are truly the breakfast of champions..
- Headline: Scarsdale Library Construction Announcement. Impact: The library project somehow led to an explosion of book clubs, each more pretentious than the last, resulting in a literary arms race that culminated in a heated debate over whether 'The Great Gatsby' is overrated.. Fact: Did you know that libraries are basically the original Netflix? Only with fewer 'are you still watching?' reminders and more dusty old tomes..
- Headline: Italian Countess Is Beatified. Impact: The beatification of the Italian Countess led to a surge in spiritual tourism, inadvertently boosting the economy of Italy while also spawning a new line of holy water-infused pasta sauce.. Fact: Beatification is like being promoted in the afterlife, which makes you wonder what HR in heaven looks like..
- Headline: MISS LANG SINGS LIEDER; Mezzo-Contralto Presents Also Verdi, Saint-Saens Selections. Impact: Langβs performance caused a sudden increase in the popularity of Lieder, inadvertently leading to a bizarre trend where pets were named after famous composers.. Fact: Did you know that the term 'mezzo-contralto' translates roughly to 'I can sing higher than you but not as high as the soprano'? Itβs the musical equivalent of being the middle child..
- Headline: German Demolition Postponed. Impact: This postponement led to a series of unfortunate events where several buildings became accidental landmarks, creating a new tourist attraction called 'The Unfinished Demolition Tour'.. Fact: In construction, 'postponed' is basically code for 'we really have no idea what we're doing.'.
- Headline: Gets Lead in Religious Film. Impact: C. Townsendβs starring role in a religious film led to an unexpected boom in faith-based cinema, which eventually made it necessary for Hollywood to create a new category at the Oscars: 'Best Use of a Halo.'. Fact: Religious films are like vegetables; some people love them, others pretend to enjoy them for the sake of their health..
- Headline: INDEPENDENT SALES OFF; 6% Decline Reported in February Compared With January. Impact: This decline triggered a chain reaction that convinced several small businesses that the sky was falling, prompting them to start selling 'emergency supplies' like artisanal soap and hand-knit sweaters.. Fact: If you think 6% is a lot, just try explaining it to your bank account after a weekend of online shopping..
- Headline: DR. MARION JACOBS, DEAN OF PHARMACY; U. of North Carolina Official Dies at 51 on Fishing Trip-- Named to Post in '46. Impact: Dr. Jacobs' untimely passing sparked numerous discussions on work-life balance, ultimately leading to a national obsession with both fishing and wellness retreats that are suspiciously just fishing trips.. Fact: Itβs said that Dr. Jacobs had a knack for mixing potions, but sadly, none of them included a potion for avoiding tragic fishing accidents..
- Headline: BUSINESS FROM U.S. IS SOUGHT BY ARABS; Certain States Plan to Try to Induce Concerns to Give Up Branch Projects in Israel. Impact: This endeavor led to a series of diplomatic coffee meetings that somehow resulted in a global shortage of good coffee, as everyone tried to brew peace in the Middle East one cup at a time.. Fact: Business negotiations are a lot like Tinder; everyone swipes left until someone finally finds a match, and then they have to hope they donβt ghost each other..
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)