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 12, 1952
Full News Archive
- Headline: Mass Riot in Essen Over Bonn Pact. Impact: The riot led to an unforeseen rise in the number of people wearing red berets in fashion circles, as rebels sought to repurpose their anger into style. In a bizarre twist, it sparked the modern streetwear movement, making 'Communist Chic' a thingβwho knew a riot could be so fashionable?. Fact: Ironically, a riot against the Bonn Pact ended up inspiring a whole new generation of protest music. Thanks, German Reds!.
- Headline: Acheson Faces Criticism Over Tariff Policies. Impact: Acheson's tariff stand inadvertently led to the creation of a secret society of economists who met in dark basements to discuss how to outwit Congress. They eventually turned into a book club, but at least they got a good read on international trade!. Fact: The French are known for their protests, but this one was particularly ironic considering they were protesting tariffs on French wines. SacrΓ© bleu!.
- Headline: NY Mandolin Society's 28th Concert. Impact: The success of the 28th concert inspired a nationwide craze for mandolin orchestras, leading to a peculiar time where every town had their own 'Mandolin Day,' much to the chagrin of local rock bands.. Fact: The mandolin is basically the hipster of the string family. It was cool before it was cool!.
- Headline: High Court Hears Argument On Steel Seizure Right Today; John W. Davis to Make Industry's Attack on Constitutionality and Perlman Will Reply in Sessions Ending Tomorrow HIGH COURT HEARS STEEL CASE TODAY. Impact: The steel seizure case led to a massive increase in lawyers specializing in constitutional law, inadvertently creating a nationwide shortage of people who actually know how to read the Constitution. Who knew it was so complicated?. Fact: John W. Davis was known for his eloquence, but even he couldnβt charm the Supreme Court into siding with steel. Talk about a tough crowd!.
- Headline: Strike Shuts Down Italian Press. Impact: The strike not only shut down the Italian press but also led to the first-ever Italian newspaper being entirely printed in emoji, because who needs words when you have pizza and spaghetti icons?. Fact: The printersβ strike was a prime example of how to literally stop the presses. Ironically, it resulted in a surge of gossip, which was apparently more interesting than the actual news!.
- Headline: Commerce Office Closed. Impact: The closure of the Commerce Office led to an unexpected spike in DIY commerce solutions, prompting the rise of online shoppingβif only they had known about the internet back then!. Fact: Closing the Commerce Office was a bold move. It was like saying, 'We donβt need no stinkinβ commerce!' Spoiler: they did..
- Headline: CATHOLICS HONOR MURRAY; Trade Unionists Award Medal to President of the C. I. O.. Impact: Murray's award ceremony led to a shocking increase in medal manufacturing, resulting in an awards show for union leaders that became the Oscars of the labor movement. Everyone loves a good shiny object!. Fact: Catholics honoring a union leader isn't as weird as it sounds; they were just glad to have someone else to blame for their coffee break debates!.
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)