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 June 7, 1955
Full News Archive
- Headline: North Vietnam Proposes Elections with South Vietnam. Impact: This little chat about elections spiraled into a decades-long conflict where everyone forgot what they were actually voting for. Spoiler: it wasn't democracy.. Fact: Did you know that the Geneva Accords were basically the world's first 'we promise, no backsies' agreement? Yeah, that worked out well..
- Headline: Sparkman Predicts Stevensonβs 1956 Run. Impact: Stevenson running for president sparked a chain of events leading to endless debates about what 'electable' really means. Thanks, Adlai!. Fact: Fun fact: Stevenson was so popular that his campaign slogan was, 'Vote for me. Iβm not that guy.'.
- Headline: Donegan's Journey to the Far East. Impact: Donegan's trip led to an unforeseen increase in the global backpacking trend, as every college student suddenly felt the urge to explore 'the Far East' with nothing but a guidebook and a questionable supply of instant noodles.. Fact: In 1956, the 'Far East' was basically any place that wasnβt the U.S., which was just about everywhere else..
- Headline: FORDHAM HONORS GIVEN; Awards Presented to Leading Education School Seniors. Impact: The Fordham Honors ceremony ignited a competitive spirit that resulted in future generations being traumatized by their GPA. Thanks a lot, Fordham.. Fact: Did you know that awards are basically just fancy paperweights that make you feel good until the next round of exams?.
- Headline: NIXON VISITS CITY FOR 2 FUNCTIONS; Here for Day, He Presents a Carver Award and Does Flag Fete Recording. Impact: Nixon's day of flag waving and award presenting led to a series of unfortunate events, including a slight uptick in political memes referencing his name. Who knew?. Fact: Nixon recording for Flag Day is the original version of 'Iβm not a crook,' but with more red, white, and blue..
- Headline: FORD AND UNION REACH 3-YEAR PACT INCLUDING MODIFIED ANNUAL WAGE; PATTERN SET FOR GENERAL MOTORS; COMPANY PRAISED Reuther Applauds Its Courage, Puts Benefit at 20 Cents an Hour FORD, UNION AGREE ON NEW CONTRACT. Impact: This pact led to the realization that workers actually like being paid, which eventually rippled into a nationwide obsession with collective bargaining. Shocking, I know.. Fact: Fun fact: 20 cents an hour was considered a generous raise back then. Today, that might just buy you a cup of coffeeβif youβre lucky..
- Headline: WEST ASKS SOVIET TO GENEVA PARLEY OF BIG 4 ON JULY 18; U. S., Britain, France Send Notes Proposing Meeting of Heads of Government PRELIMINARY TALKS SET 3 Powers' Foreign Ministers to Gather Here June 16-17 to Prepare for Session WEST ASKS SOVIET TO GENEVA TALKS. Impact: This request led to a long-standing tradition of diplomatic gatherings that often ended with everyone agreeing to disagree. How very civilized.. Fact: Did you know that diplomatic meetings are just fancy versions of, 'Letβs sit down and argue, but in a really nice building'?.
- Headline: Woman Named Head By Christian Scientists. Impact: The election of Mrs. G.W. Eiseman opened the floodgates for women in leadership roles, although it took the world a few more decades to catch up. Baby steps.. Fact: Mrs. Eiseman's election was a big deal because, at the time, women were still fighting for the right to be taken seriouslyβespecially in religion..
- Headline: SICILY'S VOTE WON BY SCELBA'S PARTY; Communists and Allies Hold Their Own -- Minor Groups Virtually Overwhelmed SICILY'S VOTE WON BY SCELBA'S PARTY. Impact: Scelba's victory ensured that Sicilian politics would remain as chaotic as a family dinner at a reality TV show. Thanks for that, Scelba.. Fact: Did you know that Sicilian elections often looked like a strange mix of a circus and a soap opera? Always entertaining!.
- Headline: DEMOCRATS DENY NEW BID TO QUINN; Queens Executive Committee Sees Indictment in Fee Case Too Big a Liability. Impact: Quinnβs rejection by the Democrats set the stage for future political maneuvering that would make Shakespeare's plays look like childrenβs stories.. Fact: In politics, 'liability' is just code for 'we donβt want to deal with your drama right now.'.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1955, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1955, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1955, it would be worth $3,433,941 today (3433.9x return)