Breakthroughs and everyday innovations from the year.
HEADLINES ON May 26, 1953
Full News Archive
- Headline: Air Control Tower Essential Status Declared. Impact: The air traffic control tower being declared essential led to an exponential increase in air travel safety protocols, which eventually resulted in the creation of the TSA. You're welcome, America.. Fact: Did you know that before air traffic control, pilots just winged it? No, really. They literally looked out their windows and hoped for the best..
- Headline: UN Truce Talks on Korean Conflict. Impact: This U.N. truce bid sparked a series of diplomatic negotiations that led to the concept of international summits, which are now just fancy excuses for world leaders to take selfies.. Fact: Did you know that the U.N. was originally founded to prevent wars? You know, just like how we start diets on Mondays..
- Headline: Eisenhower Supports 18-Year-Old Voting. Impact: The push for an 18-year voting age paved the way for a generation of voters who would later discover that voting doesn't actually make a difference, leading to a spike in cat memes as the primary source of political discourse.. Fact: Did you know that in some countries, you can vote at 16? Clearly, they believe teenagers are better at making life choices than adults..
- Headline: HIGH COURT TO TEST BASEBALL AS TRUST; Tribunal Will Decide Whether Game Violates Federal Laws -- Reserve Clause Attacked HIGH COURT TO TEST BASEBALL AS TRUST. Impact: The Supreme Court's decision on baseball as a trust altered the sports landscape forever, leading to massive contracts and the eventual birth of fantasy sports, where fans can lose money without ever attending a game.. Fact: Did you know that baseball was once considered America's pastime? Now, itβs mostly just a pastime for people who canβt figure out how to use streaming services..
- Headline: BANKER IS APPOINTED ASSISTANT TO DULLES. Impact: The appointment of a banker to Dulles' team set a precedent for financial experts running government departments, which eventually led us to the 2008 financial crisis. Thanks for that!. Fact: Did you know that bankers are often referred to as the 'masters of the universe'? I guess theyβre not just good with money, but also with delusions of grandeur..
- Headline: BIG DUTCH CONCERN IN CANADA ORE PACT; German Steel Mills Expected to Take Part in Fenimore Iron Mine Development. Impact: The involvement of Dutch companies in Canadian ore extraction foreshadowed the globalized economy, where your local grocery store can also be a subsidiary of a multinational corporation that doesnβt even know what a carrot looks like.. Fact: Did you know that Canada is rich in natural resources? Just like a kid who hoards candy but still complains about being hungry..
- Headline: RAIL TIE-UP BESETS HARASSED KENYANS; Further Curtailment of Service on Uganda Line Overfills Their Cup of Woes. Impact: The rail tie-up in Kenya not only exacerbated local transportation issues but also encouraged the development of alternative transport solutions, including the now-popular trend of walking everywhere. Who knew a traffic jam could spark a fitness craze?. Fact: Did you know that Kenyans are known for their long-distance running? Perhaps they just got tired of waiting for trains..
- Headline: 2 Concerns to Buy 786,000 Tons Of Canada's Aluminum in 6 Years; Contracts With Alcoa and Kaiser Announced by Aluminium, Ltd., President -- Most to Come From Kitimat, B. C., Project. Impact: The contracts for aluminum between Canadian companies and U.S. firms set off a chain reaction in the manufacturing industry, leading to the eventual creation of countless aluminum can designs, which are now littering parks everywhere.. Fact: Did you know that aluminum is so abundant that scientists joke itβs the universeβs way of saying, 'Youβll never run out of something to recycle!'.
- Headline: Monnet Foresees Unity. Impact: Monnet's visit to the U.S. was a catalyst for European unity, proving that sometimes all it takes to bring countries together is a good old-fashioned trip across the pond and a shared love of bureaucracy.. Fact: Did you know that Monnet is often called the 'father of Europe'? A title that suggests he was not only influential but also really good at family reunions..
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1953, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1953, it would be worth $487,501 today (487.5x return)
IBM
IBM
IBM - If you invested $1,000 in 1953, it would be worth $205,272 today (205.3x return)