Breakthroughs and everyday innovations from the year.
HEADLINES ON March 30, 1951
Full News Archive
- Headline: Cotton Men Oppose Bureaucratic Controls. Impact: If cotton manufacturers had successfully avoided bureaucratic controls, the fabric of society might have been woven in a much different pattern. Who knows, maybe denim would have never been invented, and we'd all be wearing cotton togas instead.. Fact: Cotton was once so valuable it was called 'white gold.' So, bureaucratic rules were probably just there to keep things from getting too flashy..
- Headline: Studebaker Layoffs Hit South Bend Plant. Impact: Laying off 4,000 workers at Studebaker may have led to an uptick in unemployment rates, causing a butterfly effect that could have had the eventual consequence of a future where people decided to take up knitting instead of buying cars. Imagine a world filled with knitted vehicles.. Fact: Studebaker was once the largest manufacturer of horse-drawn vehicles. So, laying off workers might have made them nostalgic for a time when the biggest concern was which horse to hitch up..
- Headline: Opposition to Theocratic Rule in Israel. Impact: The opposition to theocratic rule in Israel may have planted seeds of democracy, which could have inspired future movements. Fast forward a few decades and you might find a reality show called 'Democracy Idol' where nations battle it out for the title of 'Most Democratic.'. Fact: The term 'theocracy' comes from the Greek for 'rule by God.' So, good luck finding a candidate who can actually claim divine endorsement!.
- Headline: Mystery Plane Circles Delhi at a High Altitude. Impact: The mystery plane circling Delhi could have been a precursor to the rise of conspiracy theories, leading to a timeline where everyone believes that every unknown aircraft is actually an alien spaceship. Welcome to the Age of the Aerial Aliens!. Fact: If that plane was Russian, it could have just been delivering a very high-altitude pizza. Because who wouldnβt want to eat pizza at 40,000 ft?.
- Headline: Text of Dewey's Order for Crime Board. Impact: Deweyβs order for a crime board may have inadvertently led to future generations of crime-fighting bureaucracies, where the only crime was how long it takes to fill out the paperwork.. Fact: In the world of bureaucracy, the only thing faster than a speeding bullet is the time it takes to get a form approved. Spoiler: it's never fast..
- Headline: German Red Paper Suspended. Impact: The suspension of the German Red Paper could have sparked an underground movement, eventually leading to a society where all news is delivered via clandestine pamphlets and shadowy figures in dark alleys.. Fact: In the realm of political satire, they say that the truth hurts. But I guess maligning McCloy was just too painful to bear!.
- Headline: Village Balks at Choice Of Its Mayor by Chance. Impact: Residents balking at letting chance choose their mayor could have led to a future where all elections are decided by spin-the-bottle or a game of rock-paper-scissors. Who knew democracy could be so fun?. Fact: In a world where mayors are chosen by chance, every town would have a 'Mayor of the Month' club. Just think of all the ribbons!.
- Headline: Raw Silk Price Drops in Japan. Impact: The drop in raw silk prices could have sent shockwaves through the fashion industry, leading to a decade where silk pajamas became the norm for office attire. Business meetings would have looked quite different!. Fact: Silk has been a luxury item for centuries. So, when the prices drop, itβs like a momentary glimpse into a world where everyone can wear pajamas to workβoh, wait, that's just the pandemic!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1951, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1951, it would be worth $23,651,345 today (23651.3x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1951, it would be worth $474,914 today (474.9x return)