Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON July 14, 1956
Full News Archive
- Headline: Tragic Plane Crash at Fort Dix. Impact: The tragic plane crash at Fort Dix led to stricter safety regulations and checks in air travel, which in turn inspired the creation of a popular sitcom about a bumbling airline that never quite gets it right. This sitcom would later be blamed for giving people unrealistic expectations about flying.. Fact: Did you know that 45 people is roughly the same number of times one could watch every episode of 'Lost' and still not understand the ending? Talk about a tragic loss..
- Headline: Radford Advocates for Improved Military Arms. Impact: Radford's insistence on new arms ironically set off a chain reaction of military tech advancements that eventually led to the creation of the modern pop-up toasterβbecause nothing says 'I'm prepared for war' like perfectly browned toast.. Fact: Fun fact: The last time someone said 'new arms are vital,' they were probably just talking about a gym membership..
- Headline: Tinkum Olympic Swim Coach. Impact: S. Tinkumβs coaching could be seen as a precursor to the rise of competitive swimming as a national pastime, leading to the invention of the Speedo and the subsequent existential crises of middle-aged men everywhere.. Fact: Did you know that swimming was once considered a dangerous activity? Apparently, people thought water would just swallow you whole. Thanks, Tinkum, for making everyone rethink their life choices!.
- Headline: BUSY SENATE WEEK SET; Majority Leader Says Action May Last Until Midnight. Impact: The busy Senate week set the precedent for future legislative sessions that would inevitably lead to the rise of caffeine addiction among senators. In fact, the first Starbucks in D.C. opened as a direct response to these marathon sessions.. Fact: Did you know that the Senate has the power to make a decision faster than it takes to brew a pot of coffee? And yet, somehow, they still struggle with it..
- Headline: $800,000,000 LOAN TO BRAZIL LIKELY; Export-Import Bank Believed Set to Grant Amount for Refunding Operation ACTION DUE NEXT WEEK Agreement Timed to Precede Eisenhower Departure for Panama Talks Would Refund Debts. Impact: The $800 million loan to Brazil caused a ruckus that led to a series of questionable financial decisions, including the infamous 'Brazilian Carnival Fund,' which eventually spiraled into an international dance-off that was televised worldwide.. Fact: Did you know that Brazil has had more loan agreements than actual successful football World Cup wins? Talk about financial goals!.
- Headline: Monetary Crisis Faces Indonesia As Gold, Foreign Reserves Drop; INDONESIA FACING MONETARY CRISIS. Impact: Indonesia's monetary crisis became a classic example of how one country's economic failure can lead to a sudden surge in global interest in financial literacy programs. Because who wouldn't want to avoid that disaster?. Fact: Fun fact: Inflation in Indonesia meant that the price of instant noodles skyrocketed, leading to the first-ever noodle-based currency crisis. Now thatβs a new low!.
- Headline: SENATE UNIT ADDS 680 MILLION IN AID; VOTES 4.1 BILLION; Most of Money Cut From House Bill Restored by Appropriations Group Most of Request Approved FOR AGAINST SENATE UNIT ADDS 680 MILLION TO AID Hollister Backs Dulles U.N. Grant Cut Is Kept. Impact: The Senate's decision to add $680 million in aid ultimately led to the creation of a bizarre but popular board game called 'Aid or Not?', where players must navigate the treacherous waters of governmental funding and political backstabbing.. Fact: Did you know that appropriations committees are the reason we have so many budget-related puns? Itβs a real 'fund'-raiser!.
- Headline: SURGERY FOR ATHLETE; Mrs. Zaharias Gets Major Operation to Relieve Pain. Impact: Mrs. Zaharias' surgery was a pivotal moment for women in sports, as it sparked conversations about the importance of health and well-being, leading to the rise of sports medicineβsomething that now costs more than an actual Olympic gold medal.. Fact: Did you know that Babe Didrikson Zaharias was so good at sports that she could probably beat most of us at a game of chess while running a marathon? Talk about multitasking!.
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1956, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1956, it would be worth $3,433,939 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1956, it would be worth $586,657 today (586.7x return)