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 February 1, 1957
Full News Archive
- Headline: Creating Suburbs to Combat Urban Challenges. Impact: The British suburbs plan led to an unexpected boom in home improvement shows, where people realized their 1970s wallpaper was 'a little too British.'. Fact: Did you know that the original name for 'New Towns' was 'Let's Pretend We're Not Urban Anymore'?.
- Headline: State Denies Benefits to Communist Workers. Impact: This decision sparked a meme revolution, as future generations found the term 'Reds' perfect for any political debateβespecially at brunch.. Fact: The term 'job insurance' was actually the title of a failed sitcom pilot about a group of underachieving office workers..
- Headline: Leadership Change at City Stores in 1957. Impact: Gordon's resignation led to a long line of presidents quitting their jobs, eventually inspiring the phrase 'Quitters never prosper'βwhich was totally untrue.. Fact: Fun fact: Greenfieldβs first act as president was to get rid of the coffee machine that only brewed decaf. The people rejoiced..
- Headline: 7 Die as Planes Collide and One Falls in Schoolyard; PLANES COLLIDE, SCHOOL YARD HIT Roar Alerts Students 'Everything on Fire' Witness Describes Crash. Impact: This tragic event led to stricter aviation laws, which ironically increased the number of planes named after childrenβbecause thatβs what we need, right?. Fact: Interestingly, this incident is often cited in aviation classes as 'What Not to Do on a School Day.'.
- Headline: Church Unit Sets Relief Goal. Impact: The church's relief budget inspired a wave of fundraising bake sales, where brownies suddenly became the currency of compassion.. Fact: In 1957, 11.5 million dollars could buy you a lot of donuts, but they were still seen as a 'slight overreach' for a bake sale..
- Headline: Ohioan Gets Pennsylvania Post. Impact: This appointment set off a chain reaction of poor labor decisions that are still being felt in Pennsylvaniaβs coffee shops, where baristas are still underpaid.. Fact: Interestingly, the position was previously held by a guy who thought 'labor relations' was a new dance craze..
- Headline: REDS RENOUNCED BY HOWARD FAST; Writer Traces Party Break to Khrushchev Speech REDS RENOUNCED BY HOWARD FAST Tells of 7-Month Struggle Moved by Events in Poland. Impact: Fast's renouncement caused a minor quake in the literary community, leading to many authors regretting the use of red ink in their manuscripts.. Fact: Howard Fast later went on to write a book titled 'How to Lose Friends and Alienate People'βoh wait, that was someone else..
- Headline: Rail Engineers Call on Bankrupt H.&M. To Raise Their Wages More Than 100%. Impact: The rail engineers' demands revolutionized the concept of wage negotiations, with future labor disputes often resembling a game of Monopoly.. Fact: Fun fact: Asking for a 100% wage increase in Monopoly gets you a free ticket to jail. Who knew?.
- Headline: In The Nation; 'Regretfully but Inevitably We Must Adjust * * *' Bill of Rights Interpretations. Impact: This discussion on the Bill of Rights led to generations of students questioning why their rights didn't include unlimited pizza on Fridays.. Fact: A.Krock is rumored to have had a deep personal vendetta against the phrase 'adjustments must be made.'.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1957, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1957, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1957, it would be worth $23,651,363 today (23651.4x return)