Breakthroughs and everyday innovations from the year.
HEADLINES ON July 31, 1952
Full News Archive
- Headline: E G Robinson Jr Cleared of Charges. Impact: E.G. Robinson Jr.'s acquittal led to a bizarre ripple effect where Hollywood parents started naming their children after famous checks, causing a spike in baby names like 'Cash' and 'Czech'.. Fact: Did you know that being cleared of charges doesnβt make you a better actor? Just ask anyone whoβs ever seen a reality TV show..
- Headline: CIO Mobilizes for Labor Vote in 1952. Impact: The CIO's labor vote campaign inadvertently led to the establishment of the world's first 'Labor Day Sale', which now distracts millions from the true meaning of the holiday.. Fact: Fun fact: The only thing more confusing than labor politics is trying to explain to your dog why you won't share your pizza on Labor Day..
- Headline: Army Stores Ban Lobster and Caviar. Impact: The Army's decision to drop lobster and caviar led to the rise of the 'MRE Gourmet' movement, where soldiers began swapping rations for high-end meals, resulting in a secret underground cooking competition.. Fact: Did you know that MRE stands for 'Meals Ready to Elope'? Because once you taste them, you'll want to run away..
- Headline: WORLD BANK NET RISES; $715,936 Increase Is Reported for Last Fiscal Year. Impact: The World Bank's increase in net assets sparked an unexpected trend of financial wizards wearing capes, believing they could magically solve the worldβs problems with a wave of their calculators.. Fact: Did you know the World Bank's motto is 'More money, less problems'? Just kidding, itβs actually 'We're sorry, but your call is important to us.'.
- Headline: McCarthy Hearing Deferred. Impact: The delay in McCarthy's hearing caused a significant drop in the number of people pretending to care about American politics, leading to a rise in cat videos as the preferred source of entertainment.. Fact: Fun fact: McCarthy's hearings were the original reality TV, minus the Kardashians but with twice the paranoia..
- Headline: British Airways to Use Jets. Impact: The introduction of jets by British Airways set off a chain reaction that led to an entire generation believing that air travel should involve overpriced snacks and cramped legroomβthanks, British Airways!. Fact: Did you know that flying in a jet is basically just like being in a really fast bus, except the bus is 30,000 feet in the air and you can't get up to go to the bathroom?.
- Headline: Reds Pose New Truce Delay; Van Fleet Gloomy on Peace; NEW TRUCE DELAY INDICATED BY REDS. Impact: The delay in the truce caused by the Reds sparked a nationwide trend of 'truce parties', where people gathered to argue about whether or not they were actually friends.. Fact: Did you know that peace talks often resemble family dinners? Lots of discussions about who gets the last slice of pie and no one really leaves happy..
- Headline: 7-FURLONG SPRINT TO MARK-YE-WELL; Calumet Colt Outraces Older Horses at Washington Park -- Woodchuck Second. Impact: The unexpected victory of the colt at Washington Park led to a series of motivational speaker events titled 'Believe in YourselfβEven If You're a Horse'.. Fact: Did you know that 'Mark-Ye-Well' was actually the name of the horse's therapist? Who knew equine therapy could be so competitive?.
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)