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HEADLINES ON April 7, 1952
Full News Archive
- Headline: Asst Chief Inspector Turk Retires. Impact: The retirement of Assistant Chief Inspector Turk led to a chain reaction where every officer thereafter felt the need to retire at least once every 30 years. This sparked a nationwide trend of police retirements, creating a shortage of officers and inadvertently leading to the rise of the 'freelance law enforcement' industry.. Fact: It's rumored that Turk's retirement party featured a cake shaped like a badge, which made everyone question the symbolism of dessert in law enforcement..
- Headline: Investigating the 1952 Jamaica Air Crash. Impact: The investigation into the Jamaica air crash opened the floodgates for aviation safety regulations that would eventually lead to the invention of the black box, which ironically, still can't figure out how to prevent human error.. Fact: Airlines initially considered naming the black box the 'crash-proof box,' but realized that was a bit too optimistic..
- Headline: NATIONAL ACADEMY BUYS SIX PAINTINGS; Four of Them Are Oils, and 4 of 6 Artists Represented Are Residents Here. Impact: The National Academy buying those six paintings led to the rise of artists everywhere who thought, 'If they can sell that, I can sell my cat's doodles.'. Fact: One of the paintings was later discovered to be a child's finger painting, proving that art really is subjectiveβor that kids can sell anything if given the right platform..
- Headline: JUILLIARD ALUMNI CONCERT; Benefit Event Held at Town Hall for Scholarship to School. Impact: The Juilliard alumni concert began a long-standing tradition of musicians believing that every concert should also double as a fundraiser, leading to a series of 'benefit concerts' where the real beneficiaries were often the musicians themselves.. Fact: The concert's original goal was to fund scholarships, but the real success was getting the audience to pay for overpriced drinks..
- Headline: LONG BEACH SIFTS NEW TRANSIT PLAN; Resort Considers Proposal for Buses in the Summer and Cab-Jitneys in Winter. Impact: The new transit plan in Long Beach inadvertently led to the invention of ride-sharing apps, as the concept of shared transport was so groundbreaking that it took only a few decades for tech companies to realize they could monetize it.. Fact: The initial bus design was so avant-garde that it was mistaken for a mobile art installation, which confused passengers waiting at the stop..
- Headline: HOLMES DISAPPROVES SCHOOL BIBLE READING. Impact: Dr. Holmes' disapproval of Bible readings in public schools set into motion the long debate over the separation of church and state, ultimately leading to the creation of 'Bring Your Own Bible' days in schools, which were less popular than expected.. Fact: Parents quickly realized that bringing your own Bible also meant bringing your own interpretationsβand that led to chaos during 'Show and Tell.'.
- Headline: U. S. HEALTH PANELS SET; President's Commission Opens New Phase of Study. Impact: The establishment of U.S. health panels inadvertently paved the way for the 'health crisis' industry, where now everyone is an expert on nutrition and wellnessβdespite the fact that most still can't figure out how to eat their greens.. Fact: The first panel meeting was primarily spent arguing about whether kale was a superfood or a punishment..
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1952, it would be worth $23,651,352 today (23651.4x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1952, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1952, it would be worth $487,500 today (487.5x return)