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 May 17, 1951
Full News Archive
- Headline: P Chasin Leads Israeli Bond Efforts. Impact: The creation of this bond group somehow led to the rise of a new entrepreneurial spirit in Israel, resulting in the birth of countless 'startup' ideas, including an app to find the best falafel in town. All thanks to one guyβs appointment!. Fact: Did you know that the first Israeli bonds were issued in 1951? They were less about funding and more about convincing people that buying bonds is way cooler than it actually is..
- Headline: Smallpox Outbreak in Dutch Forces. Impact: This mild epidemic prompted the Dutch military to prioritize vaccinations, which eventually led to the creation of one of the world's most efficient public health systems. Who knew a little smallpox could spark a health revolution?. Fact: Smallpox was eradicated globally in 1980, thanks to a successful vaccination campaign. So, donβt worry, the Dutch troops made it through this oneβalthough I bet they didnβt enjoy the extra shots..
- Headline: INSTALLATIONS CHARTED; Court in Tokyo Is Told Spies Documented U.S. Positions. Impact: This revelation set off a chain reaction of espionage dramas and spy novels, inspiring generations of wannabe James Bondsβand letβs be honest, a few too many questionable movies.. Fact: Espionage is the only profession where you can be rewarded for being sneaky while also being totally unqualified. Just ask any wannabe spy!.
- Headline: DR. SILVER RETURNS; Says Israel Is Too Small to Have Nine Political Parties. Impact: Dr. Silverβs comment led to a national debate about the viability of political diversity, which somehow ended up in a reality TV show called 'Israel's Political Survivor'. Who knew politics could be so entertaining?. Fact: Israel has had a staggering number of political parties since its creation, proving that when it comes to politics, more is definitely not merrier..
- Headline: Gambler Tax Voted by House Unit To Increase Hazard of Occupation; HOUSE UNIT VOTES 10% GAMBLER TAX. Impact: This tax led to an underground boom in illegal gambling operations, resulting in more drama than a soap opera and a few too many broken hearts and wallets.. Fact: Betting on sports has been around since the Romans, and despite the taxes, people still find a way to lose their moneyβbecause who doesnβt love a gamble?.
- Headline: SENATE VOTES INDIA A $190,000,000 LOAN TO BUY U.S. WHEAT; Coalition Rejects Truman Plea for Famine Relief as Gift and Bill's Half-Grant Plan AMENDMENTS STIR BATTLE Provision Is Adopted to Allow Repayment in Materials-- Lists Monazite for Jets. Impact: This decision sowed the seeds for a future where India would become a major player in the global market, and in return, the U.S. would get a steady supply of monazite. Talk about a win-win!. Fact: Monazite is a rare earth mineral, but I guess the Senate figured it was more valuable than giving away free wheat. Priorities, right?.
- Headline: Bonn Group Bars Politics From Joint Olympic Team. Impact: By keeping politics out of sports, they inadvertently set the stage for future Olympic scandalsβbecause why not keep the drama going, just in a different arena?. Fact: The Olympics have been political ever since the first games in ancient Greece, so good luck trying to keep that horse in the barn..
- Headline: Wholesale Meat Prices Jump Despite 'Rollback' at Retail; Restaurants and Consumers Are Squeezed as Packers Get Higher Ceilings by Selling Only Pre-Cut Beef. Impact: The rise in wholesale meat prices led to a revolution in vegetarianism, as suddenly everyone decided that tofu was the way to go. Thanks, beef industry!. Fact: Meat prices have been fluctuating since the dawn of time. Just ask your wallet..
- Headline: RADFORD C. SHANKLIN. Impact: This individualβs legacy is so obscure that it may have spawned a conspiracy theory that he was, in fact, a time traveler trying to blend into societyβhence the lack of information.. Fact: Sometimes, the most mundane headlines can hide the most interesting stories. Or in this case, the complete absence of one..
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)