Breakthroughs and everyday innovations from the year.
HEADLINES ON September 29, 1950
Full News Archive
- Headline: Clapp Advocates T.V.A. for Global Peace. Impact: Clapp's vision inspired countless future environmental initiatives, leading to a sudden boom in eco-friendly products. Who knew that a simple idea could turn into the avocado toast of environmentalism?. Fact: The T.V.A. wasn't just about power; it was also about making sure everyone had a place to plug in their 1970s lava lamps..
- Headline: Budenz Testifies in Board Trial. Impact: Budenzβs testimony triggered a nationwide obsession with witness protection programs, leading to the rise of secret identity-themed reality shows. Who knew drama in the '50s could lead to 'The Masked Singer'?. Fact: In a shocking twist, Budenz's return to the church did not result in a choir boy career, but rather a career in convoluted political narratives..
- Headline: Colorado Senate Candidate Selected. Impact: The nomination of this candidate led to a chain reaction of political campaigns that eventually resulted in the modern-day phenomenon of political ads featuring talking animals. Yes, we have a beagle to thank for that campaign slogan.. Fact: State politics are like a soap opera β they're dramatic, full of twists, and someone is always waiting to drop a scandal..
- Headline: CANADIAN NATIONAL TO BUY 5,000 CARS; Other Railroads Place Orders for New Diesels, Freight and Track Equipment. Impact: This purchase led to a train boom that made Canada the worldβs leading expert in producing punctuality β until they realized they were only on time for one thing: snow delays.. Fact: Fun fact: 5,000 cars might seem excessive, but in Canada, it's just a family reunion on wheels..
- Headline: Mack Workers Accept Rise. Impact: The acceptance of a pay rise sparked a series of labor movements that eventually led to the modern concept of a coffee break β because workers needed to fuel their discussions on how to spend their newfound wealth.. Fact: A 4-cent raise might not sound like much now, but back then, it was enough for a decent cup of coffee and a donut β the true essentials of life!.
- Headline: Reds in Vienna Cease Blocking of Traffic, End Price Policy Fight Without Explanation. Impact: This sudden cessation of protests led to a global trend of spontaneous street parties whenever someone got tired of arguing. Therefore, the next time you see a flash mob, thank the Reds in Vienna.. Fact: The absence of explanation is a common practice in politics β sometimes, silence is the loudest form of protest..
- Headline: RISE TAPERING OFF IN BUSINESS LOANS; $66,000,000 Gain Is Reported in Week by Reserve Bank for Member Institutions EARNING ASSETS LOWER $453,000,000 Drop Attributed to Declines During Period in Investment Holdings. Impact: This financial fluctuation led to a nationwide trend of investors developing anxiety disorders. Who knew the stock market could double as a roller coaster?. Fact: The Reserve Bankβs reports are like the weather forecast: they promise sunshine but often deliver a 100% chance of confusion..
- Headline: DEWEY TO DISCUSS GAMBLING INQUIRY WITH MAYOR TODAY; Invitation to Impellitteri and Murphy to Conference Might Mean State Intervention 12 MORE POLICE CALLED Kings Jury to Hear Them This Morning--Detective on Staff of Hogan is Demoted. Impact: The gambling inquiry led to the rise of more regulations, which in turn sparked the creation of the worldβs most boring board game: 'Regulation Roulette'.. Fact: In the world of politics, if youβre not demoting someone, are you really doing your job?.
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)