Breakthroughs and everyday innovations from the year.
HEADLINES ON July 14, 1951
Full News Archive
- Headline: Wilson Advocates for Detroit Defense Contracts. Impact: Little did they know, this move to aid Detroit would spark a nationwide obsession with defensive contracts, leading to the creation of the Defense Agency for Awkward Job Placement (DAAJP) in the 1980s, which still exists today to help people find jobs they never wanted.. Fact: Fun fact: Detroit's defense contracts once included a top-secret project to build a car that could also double as a tank. Spoiler alert: it didn't go well..
- Headline: Arthur M. Kerr: Textile Executive Legacy. Impact: Arthur M. Kerr's passing prompted a sudden surge in the textile industryβs popularity, leading to a bizarre trend where pants were considered a form of art. This culminated in the 'Pants-ivus' festival of 1982.. Fact: Did you know that textile executives once tried to make denim the official fabric of the United States? It didn't get far, but it did start a trend for really uncomfortable jeans..
- Headline: Honoring Mikhailovic's Legacy. Impact: The memorial service for Mikhailovic led to a series of underground movements that eventually inspired the world's first anti-memorial, promoting the idea that some people are just better off without any remembrance.. Fact: Memorial services have been known to be awkward, especially when that one guy shows up uninvited. Always a crowd-pleaser..
- Headline: MISS CLARA F. HOPPER. Impact: Miss Clara F. Hopper's legacy of kindness inspired a movement that led to countless charity bake sales, resulting in an overabundance of cookies and a nationwide obesity epidemic by the late 20th century.. Fact: Clara Hopper was rumored to have the best chocolate chip cookie recipe in town, which led to a cookie war that left many bakers bitter and flour-covered..
- Headline: Abroad; The Little Red Lighthouse and the Big Bridge Nostalgia for the Past A Masque, a Festival Men and Nations on Stilts A Need for Pride. Impact: A.O. McCormick's reflections on pride and responsibility sparked a global trend of nations dressing up in extravagant costumes to celebrate their importance, leading to the first annual 'National Dress Like Your Country Day.'. Fact: Ever wonder why nations have such odd traditions? It's usually because some leader had a really bad idea that caught on like wildfire. Thanks, A.O.!.
- Headline: Churches' Battle With Communism Held to Be Impeded by 'Conformity'. Impact: Dean Muelder's comments about conformity and communism led to the establishment of a secret society that vowed to wear mismatched socks as a form of protestβan act of rebellion that still exists today in college dorms.. Fact: Conformity is so overrated, right? Just ask the guy who showed up to a formal event in flip-flops. Fashion statement or fashion disaster?.
- Headline: TAX RELIEF SOUGHT TO COVER DEPLETION. Impact: The push for tax relief in the depletion industry inadvertently led to the invention of the Depletion Dance, a peculiar series of moves that became wildly popular in local nightclubs across the nation, uniting dancers in their shared struggle with taxes.. Fact: Tax relief discussions have been known to cause more headaches than actual taxes themselves. Seriously, it's like a never-ending math problem!.
- Headline: WAREHOUSES LEAD IN SPEED RECEIPTS; Figure in May Above All Other Classifications for Second Month, 18% of Total. Impact: The report on warehouse speed receipts set off a chain reaction that eventually led to the invention of warehouse-themed escape roomsβwhere the only escape is from boredom.. Fact: Warehouse speed receipts are like the report cards of industrial life: nobody really cares, but you still have to pretend it matters..
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)