Breakthroughs and everyday innovations from the year.
HEADLINES ON August 19, 1952
Full News Archive
- Headline: Columbia Journalism Meeting Highlights 1952. Impact: The meeting at Columbia led to the creation of a groundbreaking journalism curriculum that ultimately inspired a whole generation of journalists to report on cat videos rather than hard news. Thanks, A H Sulzberger!. Fact: The American Society of Journalism School Administrators award? Itβs basically a participation trophy for journalists who didnβt trip over their own shoelaces on the way to the event..
- Headline: Truman's Fight Against the Taft Act. Impact: Truman's fight against the Taft Act inspired future presidents to take a stand against unjust laws, leading to a long lineage of political speeches that are mostly just hot air and empty promises.. Fact: Trumanβs speeches were so powerful they could probably have inspired a group of cats to unite against their human overlords..
- Headline: U. S. HEALTH AID REJECTED; Texas Manufacturers' Group Replies to Truman Board. Impact: The rejection of health aid in Texas set a precedent that eventually led to the famous phrase 'Texas will take care of its own'βright before they call for federal aid during a hurricane.. Fact: You know Texas has its own power grid, right? Maybe they thought they could just power their way out of this one!.
- Headline: Investigators Report Fraud Case 'Hushed' In Department of Justice for Eight Years. Impact: This fraud case being hushed for eight years bred a culture of secrecy within the Department of Justice, inspiring future politicians to think that hiding scandals is more effective than addressing them.. Fact: Eight years? That's longer than most people stay in relationships these days. Maybe they thought it would just fix itself..
- Headline: Stevenson Quoted Question. Impact: Stevensonβs quote shenanigans showcased the delightful chaos of political communication, ensuring that future political figures would continue to misquote each other, leading to a reality where Twitter exists.. Fact: In politics, if youβre not being misquoted, are you even trying? Itβs like a rite of passage!.
- Headline: POSTAL UNION FACES FIGHT; Rival Group Seeks to Defeat Officers at St. Paul Session. Impact: The postal union fight foreshadowed countless future labor disputes that would ultimately lead to mail being delivered at the speed of a sloth on vacation.. Fact: Fun fact: postal workers could probably deliver your mail faster if they werenβt busy fighting over who gets to wear the coolest hat..
- Headline: STEVENSON STAND ASKED; Attorneys General Group Seeks Position on Offshore Lands. Impact: The Attorneys General's push for Stevensonβs stance on offshore lands set a precedent for future debates that would lead to countless political stalemates and a myriad of confusing maps.. Fact: Offshore lands? Sounds like a fancy term for 'we just canβt agree on where to put the line in the sand.'.
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)