Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON November 23, 1950
Full News Archive
- Headline: Shipping Milestones and Notable Events. Impact: When those tugs moved the New Jersey, they inadvertently set off a chain reaction that led to the creation of a highly competitive tugboat racing league. By 2050, tugboat racing is the only sport that matters, overshadowing the Olympics entirely.. Fact: The only thing more impressive than 16 tugs moving a ship is the fact that a 300-ft steel casing was launched for a tunnel. I mean, who doesnβt want to drive through a vehicular tunnel that sounds like a bad sci-fi movie set piece?.
- Headline: Austria's New E.C.A. Steel Mill Opens. Impact: The opening of the E.C.A. steel mill in Austria was so successful that it inadvertently sparked a new trend: people began using leftover steel to create avant-garde sculptures, leading to the rise of the 'Scrap Art' movement in the 1960s.. Fact: Ah yes, nothing says 'economic boost' quite like a $7.38 million steel mill. Meanwhile, in other parts of the world, people are still trying to figure out how to make a decent sandwich..
- Headline: China Reds Free 27; Shun War, They Say. Impact: By claiming they shun war, the Chinese Reds accidentally created a new brand of pacifist activists who later became so influential that they convinced world leaders to start every meeting with a group hug. It was a messy 2025.. Fact: 27 Americans freed, and they say they donβt want to fight? I guess thatβs one way to avoid the awkwardness of a dinner party..
- Headline: STRAUSS REPLACES SMUTS; Becomes Chief of Opposition Party in South Africa. Impact: Strauss's rise as Chief of Opposition led to an unexpected increase in political memes. By the 21st century, his face is used in countless memes about doing absolutely nothing in opposition.. Fact: Ah, the Chief of Opposition. Because someone has to sit around and say 'No' to everything. Itβs like a toddler with a veto power..
- Headline: COMMONWEALTH TALK DUE; Prime Ministers Will Assemble in London in January. Impact: The Commonwealth Talk led to endless meetings about meetings, which eventually inspired a global movement to create a new art form: 'Conference Napping'. By the 2020s, skilled nappers were the most sought-after professionals.. Fact: Prime Ministers assembling in London? Sounds like the world's most boring superhero team-up. 'Together, we can accomplish... absolutely nothing!'.
- Headline: State of Alert Ordered. Impact: Ordering a state of alert led to some very overzealous emergency drills, causing a spike in heart rates across the nation. By the 1980s, the country was so jumpy that even the sound of a paper rustling sent people into full alert mode.. Fact: A state of alert? Sounds like the perfect excuse to cancel plans without any guilt whatsoever..
- Headline: TAMMANY RIVALS FACE GRAND JURY ON GANGSTER TIES; Hogan Opens Inquiry Into the Charges Made by Factions of DeSapio and Sampson RAO AND STACCI NAMED Pressure Against Mancuso Is Laid to Them--Appeal on Hall for Meeting Is Argued As If They Had Leveled a Gun" TAMMANY RIVALS FACE GRAND JURY Many Likely to Be Summoned Justices Ask Questions. Impact: The inquiry into gangster ties inspired a wave of crime dramas that took Hollywood by storm. By 2025, every major network was producing at least three shows about organized crime, leading to a nationwide obsession with mobster fashion.. Fact: A grand jury on gangster ties? Sounds like the worldβs most dysfunctional family reunion, where everyoneβs trying to out-sneak each other..
- Headline: Chemist, Woman Aide Guilty, Espionage Jury Here Finds; CONVICTED IN SPY TRIAL. Impact: The espionage trial led to such a fear of spies that corporate offices began implementing 'Spy-Free Fridays' where employees were not allowed to discuss anything remotely interesting. Productivity plummeted.. Fact: Chemist and woman aide convicted in espionage? Just wait until they find out about the guy who stole a stapler; heβs getting life without parole!.
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)