Breakthroughs and everyday innovations from the year.
HEADLINES ON April 4, 1950
Full News Archive
- Headline: Communist Efforts in Post-War Germany. Impact: The Communist Drive's failure to appeal to the middle classes made them rethink their strategy, resulting in an influx of conspiracy theories about why middle-class folks just didn't seem to buy the propaganda. Who knew that the suburbs could be such a barrier?. Fact: Did you know that in the 1950s, the middle class was so comfortable they thought a communist was just someone who borrowed your lawnmower and never returned it?.
- Headline: WESTCHESTER GETS 10-YEAR B.M.T. SUIT; Stockholders Say Transit Line Was Mismanaged and Seek Funds From Directors. Impact: This lawsuit over mismanagement eventually led to stricter regulations in the transit industry. Fast forward a few decades, and now every subway delay is met with a chorus of complaints and social media hashtags.. Fact: Did you know that the Bklyn-Manhattan Transit line once had the slogan 'We get you there when we feel like it'? Just kidding, but it could've been!.
- Headline: WORLD TIN OUTPUT OFF; Sharp Drop in January Caused by Lag in Bolivian Exports. Impact: The drop in tin output due to Bolivian exports led to a global scramble for resources. The butterfly effect? Now people are hoarding everything from toilet paper to tin foil, thinking it might be the next big currency.. Fact: Fun fact: Tin was once so valuable that it was considered a luxury item. Who knew your grandmother's tin cans were worth so much?.
- Headline: MANILA IS ALERTED TO ARSON BY HUKS; BATTERED VILLAGE AFTER FIGHTING IN PHILIPPINES. Impact: The alert to arson and sabotage marked a turning point in Philippine resistance movements, leading to more intense government crackdowns. The butterfly effect? Now we have countless movies about heroic resistance fighters. Hollywood loves a good underdog story!. Fact: Did you know that arson is actually a form of protest in some cultures? Not the most effective, but definitely memorable!.
- Headline: 4 Gunmen Hold Up Reader's Digest Truck, Kill Driver's Helper, Escape With $2,200. Impact: The murder during the Reader's Digest heist led to increased awareness of crime in suburban areas. The ripple effect? Now, every time you see a delivery truck, you wonder if it's a setup for a heist movie.. Fact: Fun fact: Reader's Digest was once so popular that people would fight over who got to read it firstβbefore it became a crime scene drama..
- Headline: Business Failures Increase. Impact: As business failures increased, it set the stage for the rise of the entrepreneurial spirit. Fast forward, and now everyone thinks they can start a business from their living room and become a millionaire overnight. Spoiler: They can't.. Fact: Did you know that in the '50s, starting a business was as easy as finding a good location and hoping for the best? Now it requires a PowerPoint presentation and a pitch deck!.
- Headline: DUTCHESS G.O.P. HEAD ALSO ASKS DEWEY RUN. Impact: The Dutchess GOP's call for Dewey to run was the beginning of endless political maneuvers, leading to a world where we ask ourselves every four years: 'Whoβs the least terrible candidate this time?'. Fact: Fun fact: The only thing more confusing than a Dewey run is trying to figure out how to explain the election process to a toddler..
- Headline: French Reds Admit Part Failure To Get Strikes for Political Ends; FRENCH REDS ADMIT SETBACK IN STRIKES. Impact: French Reds admitting their failure in strikes led to a realization that perhaps politics and labor donβt mix well, setting the stage for future protests. The butterfly effect? Now every time someone sneezes, half the country is on strike.. Fact: Did you know that in France, they have protests for just about everything? If you look closely, you might find them protesting the flavor of the croissants!.
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)