Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON June 12, 1957
Full News Archive
- Headline: Canada's Political Landscape Shifts in 1957. Impact: The upset in Canadaβs election led to a series of minority governments that ultimately made Canadians experts at compromise. This skill would later be pivotal during the awkward family gatherings of the 21st century when discussing politics.. Fact: Did you know that Canada has a knack for minor parties holding the balance of power? It's like their version of a reality show where everyone has to cooperate to avoid elimination!.
- Headline: Honduran Minister of Education Appointed. Impact: The appointment of H Corrales as Education Minister set off a chain reaction of educational reforms in Honduras, eventually leading to a generation of exceptionally well-informed children... who still had no idea what to do with their lives.. Fact: Fun fact: Having an Education Minister named Corrales sounds like the start of a sitcom about bureaucratic chaosβtoo bad itβs real life..
- Headline: Atlas Missile's First Flight Fails. Impact: The Atlas missile explosion was a pivotal moment in the U.S. space race, marking the point where engineers learned that 'test' really meant 'let's see how spectacularly this fails.'. Fact: Did you know that the Atlas missile was so explosive, it made fireworks look like a gentle spring breeze? Talk about a launch party gone wrong!.
- Headline: British Shipbuilders Get Rise. Impact: The pay rise for British shipbuilders turned out to be the first step towards a thriving shipbuilding industry, ensuring that the Royal Navy would continue to have enough vessels to get lost at sea.. Fact: Did you know that shipbuilding unions getting a pay rise is like giving a raise to a pirate? Theyβre just going to spend it on more plunder... or, you know, boat stuff..
- Headline: PHONE RATE BILL KILLED IN ALBANY BY SENATE G. O. P.; Harriman Challenged to Make 1958 Campaign Issue Out of Fight to Bar Rise DEBATE LASTS 2 HOURS Republican Leadership Split Again in Focus--Other Issues Facing Vote. Impact: The Senate GOP's blocking of the phone rate bill probably led to a generation of frustrated Americans who learned to appreciate the art of yelling into a rotary phone with no idea how much calls were really going to cost.. Fact: Fun fact: The phone rate debate was like a bad sitcom episodeβlots of arguing, no resolution, and everyone eventually just hung up!.
- Headline: Victorious Canadian; John Diefenbaker. Impact: John Diefenbaker's victory in Canada led to a long-lasting legacy of political drama that could rival any soap opera, especially when it came to his policies on civil rights and Indigenous issues.. Fact: Did you know Diefenbaker was known for his dramatic speeches? If only he had a reality show, weβd have the ultimate political drama!.
- Headline: PRISON CAMP LAID TO U.S. BY SOVIET; Army Paper Says Americans First Used It in Russia in 1918 Intervention. Impact: The Soviet accusation of U.S. involvement in prison camps back in 1918 was the beginning of a long history of Cold War chess games, where every move was about power, paranoia, and a healthy dose of historical revisionism.. Fact: Fun fact: The Soviets pulling out old U.S. history to make a point is like your friend bringing up your childhood crush during an argumentβtotally unnecessary, but oddly effective..
- Headline: U.S. Tells of Gain In Ending Job Bias; U.S.TELLS OF GAIN IN ENDING JOB BIAS. Impact: The report on job bias in the U.S. was the starting gun for a long race towards workplace equalityβalthough, spoiler alert: it's still ongoing and full of hurdles.. Fact: Did you know that the U.S. had more job bias than a high school popularity contest? Thankfully, some people decided it was time to change that narrative..
- Headline: Police Link Costello To a Nevada Casino; Notes Costello Had When Shot Are Linked to Nevada Casino. Impact: Linking Costello to a Nevada casino was the first of many steps that would illustrate the close ties between organized crime and legitimate businesses, proving once again that sometimes, it's all about who you know.. Fact: Did you know that linking mobsters to casinos is like linking cats to the internet? Itβs just going to lead to a whole lot of chaos and questionable decisions..
- Headline: Taiwan Planes 'Bomb' Canton. Impact: Taiwan's rice bombing of Canton was a quirky way to assert air superiority, turning a military operation into an unintended culinary eventβbecause who doesnβt want to be bombarded with carbs?. Fact: Fun fact: The Nationalist air force dropping rice was probably the first instance of 'food fights' taking on a whole new, international meaning!.
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)