Breakthroughs and everyday innovations from the year.
HEADLINES ON December 4, 1950
Full News Archive
- Headline: 158-Diamond Bracelet Discovery in NYC. Impact: The discovery of the 158-diamond bracelet led to an intense global obsession with bling. Fast forward a century or two, and we have rappers throwing diamonds around like confetti at weddings. Thanks, NYC, for the bling culture!. Fact: Did you know that diamonds are actually quite common? They just cost a lot because of marketing and the fact that people will literally fight over shiny rocks!.
- Headline: 66 Community Units Proposed for City Planning. Impact: The proposal to divide the city into 66 districts paved the way for what we now call 'neighborhood disputes.' The ensuing arguments over whose street is cleaner eventually led to the invention of the neighborhood association. Thanks a lot, Planning Commission.. Fact: Did you know that neighborhood associations often come with strict rules? Forget about painting your house that 'unique' color you love β the neighbors will not approve!.
- Headline: Junior Red Cross Supports Freedom's Help. Impact: The Junior Red Cross's report on 'freedom' inadvertently inspired a new generation of kids to think that being a good citizen involves a cape and possibly a mask. Who knew saving the world started with a bake sale?. Fact: Did you know that the Red Cross was founded in 1863? So, technically, the 'Junior' version has been around longer than most of us could even spell 'humanitarian.'.
- Headline: CYRENAICA'S RULER NAMED LIBYAN KING; PROCLAIMED KING. Impact: King Idriss's proclamation set off a ripple effect of monarchies re-evaluating their power. This eventually led to the abolition of many monarchies. Who knew that one proclamation could lead to the end of an era?. Fact: Did you know that King Idriss was overthrown in 1969? Turns out, being a king isn't all it's cracked up to be!.
- Headline: Israeli and Jordan Units Exchange Shots Over Use of Major Negeb Supply Road. Impact: The exchange of gunfire between Israeli and Jordanian units turned into a decades-long feud that now includes social media debates about whose road it really is. Thanks for the traffic jams, guys!. Fact: Did you know that the Negev desert has more than just sand? It's also a hotspot for geopolitical arguments!.
- Headline: BERLIN VOTE CUTS SOCIALISTS' LEAD; 90% of Those Eligible Turn Out in Defiance of Reds-- Christian Democrats Gain. Impact: The Berlin vote cutting the Socialists' lead inspired a wave of political uprisings. Turns out, when you poke the bear, the bear gets angrier and starts a revolution.. Fact: Did you know that voter turnout can be a great indicator of political health? So if your city is quiet, maybe it's time to check if anyoneβs actually voting!.
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)