Breakthroughs and everyday innovations from the year.
HEADLINES ON February 21, 1954
Full News Archive
- Headline: Upcoming Trade Bill Action in 1954. Impact: If Randall had just chosen to work on a knitting pattern instead, we might have had a thriving economy based on cozy sweaters instead of trade bills. Imagine the power of the sweater economy rippling through historyβsweater diplomacy could have been a thing!. Fact: C B Randall's dedication to draft a foreign economic plan probably inspired countless bureaucrats to write even longer documents that no one reads. Ah, the joys of government paperwork!.
- Headline: Easing Border Inspections in 1954. Impact: Dropping border searches could have led to a massive influx of Canadian geese into the U.S., ultimately resulting in a national crisis of 'too many honking birds'. Who knew that wildlife could become a geopolitical issue?. Fact: Canada's most infamous export isnβt maple syrupβit's actually geese. Keep an eye out next time you're at a lake!.
- Headline: Modern Art and American Culture Abroad. Impact: As modern art was showcased in embassies, it inadvertently led to a worldwide epidemic of confused tourists standing in front of blank canvases, trying to decipher the profound meaning of a dot. Thus, the 'art therapy' industry was born.. Fact: Modern art is just a sophisticated way to say 'I splattered paint and called it a day'..
- Headline: How the i Is Dotted; HANDWRITING AND THE EMOTIONS. By Malford W. Thewlis, M. D., and Isabelle Clark Swezy. 198 illustrations. 264 pp. New York: American Graphological Society. $8.. Impact: Had they published a sequel titled 'How the T is Crossed', we might have seen a resurgence in handwriting classes, leading to a generation of calligraphers taking over government jobs. Imagine the bureaucracy written in beautiful cursive!. Fact: The American Graphological Society is the only place where you can be judged by your handwriting without having to take a test. Talk about a plot twist!.
- Headline: EXPLORERS QUIT CAVE; They Are Highly Pleased With Week's Exile Underground. Impact: If the explorers had stayed underground, they might have discovered a hidden civilization of cave-dwelling hipsters who only communicate through interpretive dance. This could have changed the course of human culture forever!. Fact: Exploring caves is one of the few activities where you can be completely lost and still find yourself... unless you trip over a stalactite..
- Headline: Bill Is Offered to the State Legislature To Set Up Mutual Fund for Small Trusts; ALBANY BILL MAPS SMALL TRUST AID. Impact: This bill could have led to a financial revolution where small trust funds became the next big trend, causing banks to hire hipsters to manage them. Suddenly, everyone would be investing in artisanal mutual funds!. Fact: Trust funds are basically just a way for the rich to say βI trust you more than my heirsβ..
- Headline: TAX RULING IS BAR TO MARITAL CREDIT; Revenue Service Insists on Full Appointment Power Over Trust Property. Impact: This tax ruling might have inadvertently sparked a movement among couples to hide their wealth in creative ways, such as declaring their cat as the rightful heir. Thus, the feline aristocracy could have risen!. Fact: The IRS doesnβt take kindly to cats being claimed as dependents. Apparently, they don't do taxes, but they do demand treats..
- Headline: BROMFIELD IN MISTRIAL; Jury Fails to Agree in $50,000 Suit Against Novelist. Impact: Bromfield's mistrial could have sparked a newfound interest in literary lawsuits, where authors were sued for the emotional trauma caused by their characters. Who knew fiction could lead to so much real-life drama?. Fact: A mistrial is just the legal system's way of saying, 'Oops, we messed up! Let's try that again.'.
Wall Street Time Machine
GE
General Electric
General Electric - If you invested $1,000 in 1954, it would be worth $487,500 today (487.5x return)
IBM
IBM
IBM - If you invested $1,000 in 1954, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1954, it would be worth $168,691 today (168.7x return)