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HEADLINES ON June 27, 1951
Full News Archive
- Headline: Diplomatic Optimism in Soviet Talks. Impact: The diplomatic optimism in Moscow sparked a chain reaction that ultimately led to the invention of the peace emoji. Yes, if not for that moment, we might still be sending telegrams.. Fact: Did you know that many years after this, peace talks were still happening? Just with an alarming number of cat memes involved..
- Headline: Troop Movements Indicate Growing Tensions. Impact: The heavy troop concentrations in Korea led to a series of misunderstandings, including one where a UN pilot mistook a barbecue for a war strategy meeting. Spoiler: the ribs won.. Fact: Did you know almost 400 enemy losses in a day was considered a good day back then? Today, we’d just call that a Tuesday..
- Headline: Jobless Aid Hearings Set. Impact: The jobless aid hearings ironically provided more jobs for bureaucrats who had to sit around discussing how to help the unemployed. They really should have just called it a job creation program.. Fact: Did you know that the jobless often have better attendance at hearings than actual employees do at work? It's just a theory..
- Headline: Webb & Knapp Executive To Head Roosevelt Field. Impact: The appointment of H.I. Silverson to head Roosevelt Field created a ripple effect that eventually led to every executive in America believing they could run a mall.. Fact: Isn't it funny how sometimes, the person who runs the shopping center is considered more influential than the president?.
- Headline: GUARANTEE SOUGHT; Britain, France and Other Allies Asked to Aid in Defining Situation ACHESON IS STILL WARY But He Sees Military Goals Met if Enemy Withdraws Behind 38th Parallel. Impact: The request for guarantees from allies planted the seeds for the next decade of diplomatic negotiations, which were mostly just elaborate coffee breaks.. Fact: Did you know that 'Acheson is still wary' is basically the diplomatic equivalent of 'I'm not mad, just disappointed'?.
- Headline: Heads Election Commissioners. Impact: The election commission meeting led to the revolutionary idea of having elections be more than just a popularity contest. Spoiler alert: it didn't work.. Fact: Fun fact: W.J. Voshell's presidency is still a mystery. Some say he was never actually elected, just very good at bingo..
- Headline: LIE HURRYING HERE TO STUDY TRUCE BID; HOPEFUL ON KOREA SETTLEMENT. Impact: The hopeful sentiments about a Korea settlement led to a series of awkward dinner parties where everyone talked about peace but no one actually made it happen.. Fact: Did you know that 'hopeful' in diplomatic terms usually means they just ordered more coffee for the endless meetings?.
- Headline: IRAN'S OIL SEIZURE LAID TO COMMUNISTS; McDonald at Bond Dinner Here Also Points to Israel Act by Way of Contrast. Impact: McDonald's assertion regarding Iran's oil seizure led to a global conspiracy theory that the secret sauce was actually the key to world peace. Spoiler: it wasn't.. Fact: Did you know that blaming communists for everything became a national pastime? They should've included it in school curriculums..
- Headline: Harlem Narcotic Seller Gets A Record 15-Year Sentence; Co-Leader Gets 10 Years. Impact: The hefty sentences for narcotic sellers in Harlem initiated a wave of 'tough on crime' policies, leading to prisons becoming the hottest new real estate trend.. Fact: Did you know a 15-year sentence is actually considered a career in some circles? Just ask any of the co-defendants..
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)