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 26, 1951
Full News Archive
- Headline: Soaring School Costs in 1951. Impact: The staggering increase in per-pupil costs led to a nationwide frenzy of budget reallocations, resulting in schools teaching kids how to manage their own finances before they even learn long division. Who needs math when you have a school budget crisis, right?. Fact: In a shocking twist, some students actually learned more about financial management than their teachers. Perhaps we should just let the children run the schools?.
- Headline: Liberty Campaign to Inspire Youth. Impact: The Elks' campaign to sell liberty to the youth inadvertently created a booming market for hipster freedom-themed merchandise, forever altering the landscape of both advertising and youth culture. Who knew 'freedom' could be so profitable?. Fact: The idea of 'selling' freedom to the youth is ironically reminiscent of today's influencers peddling 'authentic' lifestyles. Some things never change!.
- Headline: IMPORT RULE SUSPENDED; Brazil Lifts Requirement to Pay Charge With Cruzeiros. Impact: Brazil's suspension of import charges triggered an unexpected surge in international trade, leading to a black market for cruzeiros that had everyone questioning if they were really worth their weight in goldβor if that was just a bad joke.. Fact: Brazil's currency has seen more ups and downs than a soap opera character. Spoiler: it always comes back for a comebackβjust like that one friend who never pays you back..
- Headline: 25th Song Festival Held Here. Impact: The Song Festival became a cultural phenomenon, inspiring a future generation of musicians to take their talents to reality TV competitions, forever altering the music industry and our collective taste in pop culture.. Fact: The first song festival was just a bunch of people singing in a park. Now, we have entire productionsβcomplete with pyrotechnics and emotional backstories. Thanks, capitalism!.
- Headline: P.C. SAVAGE DIES; EDISON CO. EX-AIDE; Assistant Vice President of the Concern Until 1945--Was U.S. Wartime Consultant. Impact: Porter C. Savage's death led to an unexpected surge of interest in Edison Co.'s history, causing a hipster revival of vintage light bulbs that illuminated everything from homes to overpriced coffee shops.. Fact: Did you know that Edison himself had a pet parrot? Imagine a bird critiquing your inventionsβtalk about a feathered friend with an opinion!.
- Headline: 2C GAS PRICE CUT SEEN FOR WEEK-END; Service Men Prepare Placards and Retail Leader Sees a 'War' in Making Here 4C REDUCTIONS PREDICTED Rumors of Rebates to Favored Dealers Also Reported by One Association Head Too Much 'Chiseling' Rebates Reported. Impact: The gas price wars inadvertently resulted in the rise of the 'Gas Price Protest' signs, which later inspired the modern-day protest culture. Who knew gas prices would fuel social movements?. Fact: The gas price fluctuations are as predictable as a reality TV show plot twist. One week it's a discount; the next, you're selling your kidney for a full tank!.
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)