Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON April 17, 1951
Full News Archive
- Headline: Loyalty Day Celebrations in 1951. Impact: Loyalty Day parades began a tradition of people pretending to be enthusiastic about their government, which led to awkward family gatherings and forced smiles at political events. Thanks, parades!. Fact: Shout out to Loyalty Day! Because nothing says 'we're all in this together' like marching in a parade while secretly hoping no one sees you there..
- Headline: UNITED PARAMOUNT EARNS $12,351,000; Theatres Company's First Year Successful, Goldenson Reports in StatementJOINT INTERESTS ENDEDDropped in 457 Houses, AllOwnership in 241--TVDiscussed as Rival. Impact: United Paramount's success paved the way for the modern-day blockbuster, which in turn led to countless sequels that nobody asked for, proving that success can be a double-edged swordβespecially if it comes with a side of cinematic drivel.. Fact: $12 million seems a lot until you realize that Hollywood spends that much on coffee for its actors. Talk about priorities!.
- Headline: Saratoga Grand Jury Picked. Impact: The Saratoga Grand Jury probe opened the floodgates for everyone to realize that when there's a problem, appointing a special committee is the best way to do absolutely nothing while looking busy.. Fact: Grand juries are like the adult version of detention: they keep you in a room for hours, and you still donβt learn anything useful..
- Headline: GOODS TO REDS ALLEGED; Legion Head Says 11 Shiploads a Week Reach China. Impact: Allegations of goods reaching the Reds turned into a decades-long spy thriller, leading to a massive increase in conspiracy theories, where every missing sock is now analyzed for potential communist ties.. Fact: If you think 11 shiploads a week sounds like a lot, you should see how many conspiracy theories arise from a single missing shipment!.
- Headline: London Dockers in New Walkout. Impact: The London dockersβ walkout fueled a never-ending game of labor strikes, which ultimately inspired the creation of the modern-day weekendβthank you, dockers, for giving us two days of freedom!. Fact: The only thing more stubborn than a dock worker is a union leader trying to negotiate during a walkoutβit's like watching a game of chicken with no winner..
- Headline: PRICE GOUGE STUDY BEGUN IN 3 FIELDS; O.P.S. Investigating Reports of Ceiling Violations in Food, Autos and Scrap Steel 'D.O.' SUPPLY LIST REVISED Chemicals, Nylon, Tires and Rails Among Scarce Items Put on Open Market. Impact: The price gouge study became the template for every economic crisis since, where the only thing rising faster than prices is the number of angry social media posts about it.. Fact: When they say βprice gougingβ, they mean βeveryoneβs wallet is suddenly emptyββitβs just a fancy way of saying 'supply and demand, baby!'.
- Headline: Soviet-Budapest Deal Reported. Impact: The Soviet-Budapest deal allowed for an extended Russian presence, which eventually led to the reality TV show 'Keeping Up with the Kremlin.' Who knew that international politics could be so entertaining?. Fact: This secret pact was so secret, even the cats in Budapest didnβt get the memo until years later!.
- Headline: SMOKE CAMPAIGN BY INDUSTRY URGED; Engineer Calls for Leadership in Seeking Solution to the 'Smog' Problems of Cities 'HOUSEKEEPING' JOB SEEN Manufacturing Chemists' Units Hold First Joint Parley on Air and Water Pollution. Impact: The push for a smoke campaign against urban smog led to the rise of air purifiers, resulting in people spending more on gadgets to breathe clean air than on actual vacations. Because why travel when you can just breathe?. Fact: Turns out, solving smog problems is just a matter of convincing everyone they need to buy a high-priced air purifier. Who knew environmentalism could be so profitable?.
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)