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 7, 1954
Full News Archive
- Headline: Cincinnati's May Festival Celebration. Impact: If only Wagner had been a pop star, maybe Cincinnati would have become the new music capital of the world instead of just another stop on the tour. Next thing you know, Beethoven's 'Ode to Joy' is being played at every wedding, funeral, and awkward family reunion.. Fact: Did you know that Wagner once had a pet swan? No, seriously. He named it after one of his more dramatic operas. Talk about taking 'being a diva' to a whole new level!.
- Headline: AFL Reinstates Charters for Four Locals. Impact: The reinstatement of these locals led to a series of labor negotiations that eventually resulted in the invention of the coffee break—because nothing says 'we care about workers' rights' like a mandated 15-minute escape from reality.. Fact: Fun fact: The A.F.L. once had a mascot named 'Labor Larry' who was said to have changed his name every time a new local was reinstated. Talk about an identity crisis!.
- Headline: Bidault Faces Pressure for Peace Talks. Impact: If Bidault had just gone to a yoga class instead of dealing with Geneva pressures, maybe the whole Indo-China thing would have been a calm retreat instead of a high-stakes political chess match. Namaste, indeed.. Fact: Did you know that the French Cabinet meetings sometimes included a mime to lighten the mood? Because nothing says serious diplomacy like a guy pretending to be trapped in an invisible box!.
- Headline: McClellan Suggests 'Crime' By McCarthy on Security; Says Receiver of Secret May Be Just as Guilty as Person Who Passed It M'CLELLAN HINTS CRIME ON SECRETS. Impact: McCarthy's shenanigans sparked a chain reaction of secret-keeping that led to the rise of the modern conspiracy theorist—thank you very much, 1950s paranoia.. Fact: Did you know 'McCarthyism' was almost called 'McCarthy-ama'? Because who wouldn’t want to sound like a trendy cocktail at a hipster bar?.
- Headline: Parking Ruling Upsets City. Impact: This parking ruling probably caused a city-wide existential crisis, leading residents to wonder if they were more lost in life or just in search of a parking spot.. Fact: It cost Schenectady $65,000 for signs, but I guess they figured it was cheaper than a therapy session for confused drivers!.
- Headline: SEAWAY IS VOTED BY HOUSE, 241-158; LONG BATTLE ENDS; Bill to Join Canada in Project Goes Back to the Senate for Approval of Minor Changes SEAWAY IS VOTED BY HOUSE, 241-158. Impact: By building the Seaway, the US and Canada effectively opened a floodgate for trade, eventually leading to the idea that if you can ship it, you can sell it—making 'retail therapy' a global phenomenon.. Fact: The Seaway was almost named the 'Waterway of Wonder' until someone pointed out it sounded better suited for a child’s amusement park..
- Headline: Seaway, Power Projects Separate Enterprises.
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)