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HEADLINES ON December 11, 1951
Full News Archive
- Headline: World News: December 1951 Update. Impact: The Agricultural Department's estimate created a ripple effect that led to farmers planting fewer crops, causing a nationwide shortage of cotton, which eventually resulted in the rise of synthetic fabrics. Who knew a cotton estimate could pave the way for polyester pants?. Fact: Did you know that cotton was once considered so valuable that it was often referred to as 'white gold'? And now here we are, wearing sweatpants made of who-knows-what..
- Headline: Turkey Snubs Soviet Diplomatic Overture. Impact: Turkey snubbing the Soviet note set the stage for decades of diplomatic misunderstandings, where both sides kept sliding notes under the table like they were in a high school classroom. Spoiler alert: they still donβt like each other.. Fact: Did you know that Turkey and Russia have been playing diplomatic hard-to-get with each other for centuries? Itβs like watching a really tense soap opera..
- Headline: BROOKLYN PRELATE AT THE VATICAN. Impact: Archbishop Molloyβs visit to the Vatican sparked a series of intercontinental debates about faith and power, leading to the creation of a 'What Would the Pope Do?' bracelet in the early 2000s. Because nothing says spiritual guidance like plastic.. Fact: Did you know that the Vatican has its own postal service? Yes, they send letters with a holy stamp of approval. Talk about divine delivery!.
- Headline: Blocked by Veto, Italy Shifts Tactics for Revising Treaty; Rome Quarters See Contradiction in Curb on Arming Along With Western Defense Role. Impact: Italy's shift in tactics post-veto led to a whole new genre of political maneuvering where nations learned that a little creativity in diplomacy can go a long wayβlike a game of chess played with spaghetti.. Fact: Did you know that Italy is home to the world's oldest university, established in 1088? Clearly, theyβve been honing their negotiation tactics for centuries!.
- Headline: Jet Fails 30,000 Feet Over Homes; Pilot Calls Help, Saved in Sound. Impact: The test pilot's dramatic crash landing inspired a whole new line of action movies where pilots are always saving the day at the last possible second. Spoiler: they always land safely.. Fact: Did you know that the Grumman F-9-F was one of the first jets to be designed specifically for carrier operations? Because nothing says 'I'm ready for the ocean' like a jet that can barely stay in the sky!.
- Headline: Atlantic Pact Report Urges Greater Efforts for Defense; Belgians, Danes Singled Out by Executive Committee as Lagging--Reshaping of Nato Set-Up Believed Recommended WEST PACT REPORT ASKS DEFENSE SPUR Real Efforts in Europe Considerable Saving Seen. Impact: The Atlantic Pact Reportβs call for greater defense efforts led to a surge in military spending, which inadvertently boosted the economy and helped launch a wave of 'defense contractor chic' in fashionβbecause nothing says style like camouflage.. Fact: Did you know that NATO was originally formed in 1949? And here we are, still waiting for them to agree on a dress code for meetings..
- Headline: RULE OF THAILAND IN MILITARY HANDS; Effect of Last Month's Coup Is Viewed With Misgivings-- Dissension Is Feared Corruption Not Limited Pibul's Status Ambiguous. Impact: Thailand's military coup set off a chain reaction that resulted in more coups and political unrest, establishing a 'Coup of the Month' club that still meets today. Membership includes a lifetime supply of uncertainty.. Fact: Did you know that Thailand is the only Southeast Asian country never to have been colonized? And yet, here they are, colonizing their own government with coups!.
- Headline: COHEN'S TESTIMONY IN CASE; Sales of Tractor Concern Stock Told at Bankruptcy Hearing Decided to Sell Stock Purchase Price Explained. Impact: Cohen's testimony about the tractor stock sales led to a sudden rise in bankruptcy hearings, which became so popular they turned into a reality TV show called 'Filing for Fabulous.' Who knew financial ruin could be so entertaining?. Fact: Did you know that the tractor is considered a symbol of farming innovation? Because nothing says 'I love the land' like a massive piece of machinery that can plow your life savings right into the ground..
- Headline: IMMORTALITY IS SURE, MRS. ROOSEVELT SAYS. Impact: Mrs. Roosevelt's musings on immortality ignited debates that continue to this day, leading to the rise of self-help books on life after death, ultimately resulting in the bestseller 'How to Live Forever: A Guide for the Perpetually Curious.'. Fact: Did you know that Eleanor Roosevelt was the first lady who transformed the role into one of activism? Because why just decorate the White House when you can save the world?.
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)