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 23, 1952
Full News Archive
- Headline: Rockaway Rail Purchase and Housing Advances. Impact: The Rockaway Rail Purchase, while seemingly just a boring city vote, sparked a series of urban planning disasters that would eventually lead to the invention of the term 'urban sprawl.' Who knew a few train tracks could derail a cityβs future?. Fact: The estimated deficit was so dramatic that it inspired an entire genre of stand-up comedy based on public transportation woes. Take that, urban planners!.
- Headline: O'Neill's 'Desire' Opens in Boston. Impact: The approval of 'Desire Under the Elms' set off a theatrical revolution that somehow led to the invention of the overly dramatic selfie. Clearly, some things just have to be shared with the world.. Fact: Fun fact: this play was so intense that it inspired a generation of overly emotional college students to major in drama, forever contributing to the stereotype of the 'starving artist.'.
- Headline: Truman Defends Presidential Powers. Impact: Truman's insistence on his inherent powers led to a slippery slope of executive overreach that would later inspire conspiracy theorists to believe that presidents could actually time travel. Spoiler: they can't.. Fact: The idea of inherent powers has been debated so much that it could fill a library. Too bad most of those books are gathering dust while people scroll through Twitter instead..
- Headline: RETIRING CAPTAIN FACES POLICE TRIAL; Schwal Is Recalled, Suspended to Answer Charges Monday in Gross Conspiracy Case RETIRING CAPTAIN FACES POLICE TRIAL. Impact: The trial of Captain Schwal was such a sensational event that it inspired countless crime dramas and reality TV shows, culminating in the birth of 'Cops,' which really just glorified the chaos.. Fact: The gross conspiracy case was so outlandish that it almost became a plot for a daytime soap opera. Just imagine the dramatic music and slow-motion reveals!.
- Headline: ROSENFIELD GETS SCROLL; Hebrew Immigrant Aid Group Gives It for Refugee Work. Impact: Rosenfield's scroll for refugee work was such a noble act that it set off a domino effect of charitable initiatives, leading to a world where everyone felt they needed a scroll for their 'good deeds.'. Fact: The Hebrew Immigrant Aid Group continues to do incredible work. Meanwhile, weβre still waiting for the scroll to be turned into a TikTok challenge..
- Headline: STABILIZED COTTON SPURNED BY EGYPT; Country Stands to Gain More Than Any Other by Compact of World Board in Rome CRISIS OVER SPECULATION Traders in Alexandria Seek Guarantee Against Declines as Well as Heavy Rises. Impact: Egypt's rejection of stabilized cotton not only affected global trade but also led to a centuries-long debate about the merits of cotton versus polyester, which still haunts fashion designers today.. Fact: This cotton crisis paved the way for the invention of the 'Cotton Candy' snack, proving that even in disaster, thereβs always a silver lining (or a sugary treat)..
- Headline: MRS. WILLIAM KERR. Impact: Mrs. William Kerr's headline is a stark reminder that history often forgets the women behind the men. Who knows what she could have accomplished if only she had her own headline?. Fact: In a world obsessed with celebrity couples, Mrs. Kerr's legacy remains a mystery. Maybe she was just too busy running the household to make the headlines..
- Headline: ARTHUR C. SCHOF, IELD. Impact: Arthur C. Schofield's brief mention means he probably had a very normal life, but it does raise the question: how many other Schofields were out there, living in relative obscurity while we focus on the famous ones?. Fact: You know your life is dull when your most notable achievement is being a headline on a day when nothing else was happening. Bless his heart!.
- Headline: TRUMANS GO TO THEATRE; See Helen Gahagan Douglas as Star in 'First Lady'. Impact: Truman and his wife attending the theater was a moment that inspired future presidents to try and be relatable, leading to countless awkward photo ops at public events that would be forever immortalized on social media.. Fact: Helen Gahagan Douglas, who starred in 'First Lady,' was so iconic that she made every other First Lady's fashion choices seem like a trip to the thrift store. Sorry, not sorry!.
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)