Breakthroughs and everyday innovations from the year.
HEADLINES ON November 20, 1950
Full News Archive
- Headline: Lowenthal Critiques FBI's Methods and Policies. Impact: Little did they know that this book would inspire a generation of conspiracy theorists who would ultimately lead to the rise of online forums where people believe the moon landing was faked. Thanks, Lowenthal!. Fact: The F.B.I. was so secretive during Hoover's time that they probably had a secret club just to talk about how secretive they were..
- Headline: Mischa Elman's Carnegie Hall Recital. Impact: Every time you hear a violin solo in a movie, you can thank Elmanβwho knew that a man with a bow could influence countless romantic scenes in Hollywood?. Fact: Elmanβs performances were so good that they made it impossible for anyone else to even pick up a violin without feeling inadequate..
- Headline: Chinese National Guerrillas Win. Impact: The victory of the Nationalist guerrillas would eventually contribute to the complex political landscape of China, leading to decades of conflict and change.. Fact: The battles fought by guerrillas often resemble family disagreementsβlots of noise, confusion, and no one really knows who is winning..
- Headline: PERKY O'NEIL, PIANIST, MAKES LOCAL DEBUT. Impact: Perky's debut inspired a wave of future musicians to believe that 'perky' was a personality trait they could embody, leading to countless overly cheerful performances.. Fact: Perky O'Neil's name alone could have launched a thousand puns, but thankfully, we kept the dad jokes to a minimum..
- Headline: CONSERVATIVES EYE VICTORY IN BRITAIN; Party's Hopes Are Spurred by Substantial Cut in Labor's Margin in By-Elections Liberals in Shift. Impact: This political maneuvering set the stage for decades of political chess, where every move was scrutinized, and yet we all still ended up in the same placeβarguing about taxes.. Fact: In British politics, 'by-elections' are like the governmentβs version of a family reunion; awkward, but you show up anyway to avoid drama..
- Headline: E.C.A. FOR EUROPE FACES DEFENSE JOB; Transfer of Staff Functions, as Well as Funds, From Economic to Military Aid Is Evident Consolidating of Functions. Impact: This shift in focus paved the way for the U.S. to become Europe's favorite uncle, always showing up with money and military supportβjust without the embarrassing dance moves.. Fact: The E.C.A. could be considered the first step towards the U.S. becoming the 'global superhero'βcape not included..
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)