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 17, 1957
Full News Archive
- Headline: $100,000 Donation to Y.W.C.A.. Impact: This generous donation led to the Y.W.C.A. becoming a pivotal organization in women's rights, which eventually inspired an entire generation of women to start wearing pants. Pants were indeed a game changer in the 1960s.. Fact: Did you know that $100,000 back then could buy you a small island? But I guess helping women was a slightly better investment..
- Headline: COLLEGE RED HUNT NEARS END IN CITY; Cavallaro Expects to Closed Formal Inquiry This Year --Austin Trial Thursday Two Cases in Works Twenty-four Cleared. Impact: The Red Scare witch hunts led to a generation of paranoia that made people suspicious of their own shadows. This paranoia was so infectious that it made its way into television shows, like the dramatic rise of 'Leave It to Beaver'.. Fact: Twenty-four cleared, but how many innocent ideas were squashed in the process? College campuses were basically the original reality shows, minus the fun..
- Headline: U.S.C. MOVIE UNIT MARKS 29TH YEAR; Cinema Department, Winner of 'Oscar' in 1956, Boasts Alumni in Several Fields Several Noted Graduates. Impact: This milestone cemented USC's reputation as a talent factory, indirectly leading to more sequels and remakes than anyone cares to count. Thanks a lot, Hollywood!. Fact: If you think about it, the number of bad sequels out there is directly proportional to the number of USC graduates. Coincidence? I think not..
- Headline: 18 LEBANESE DIE IN ELECTION FIGHT; Backers of Rival Candidates Clash in North--Ballots Cast in Mountain Area 235,000 Eligible to vote. Impact: The violence surrounding elections in Lebanon laid the groundwork for decades of political instability, turning Lebanon into a cautionary tale for democracies everywhere. 'Vote or die' took on a whole new meaning.. Fact: Elections should ideally be a peaceful affair, but apparently, Lebanon was just trying to spice things up a bit. Who knew ballots could be so deadly?.
- Headline: PILOT IS STRICKEN, DIES AFTER LANDING. Impact: This tragic event highlighted the need for better medical support for pilots, leading to the establishment of health regulations that are now standard in aviation. A sad reminder that safety often comes after tragedy.. Fact: Flying is incredibly safe, unless you have a heart attack on the runway. Then it becomes a whole different ball game..
- Headline: U.S. CHAMBER SEES STABLE BUSINESS FOR REST OF YEAR; Panel Predicts Continuance of Price Rises but Curb on Expansion in '58 Profit Squeeze Noted U.S. CHAMBER SEES STABLE BUSINESS. Impact: This optimistic outlook led to a false sense of security, which ultimately resulted in businesses making questionable decisions. Spoiler alert: those decisions didn't age well.. Fact: Predicting stable business is like predicting the weather; it’s cute until reality decides to throw a hurricane your way..
- Headline: PRINCETON'S HEAD URGES TOLERANCE; Dr. Dodds at Baccalaureate Ties Freedom to Conviction and Respect for Dissent Toleration Stressed. Impact: Dr. Dodds' call for tolerance sparked a movement that eventually led to the creation of campus safe spaces, which some might argue have made everything more 'cozy' but less 'challenging'.. Fact: Tolerance is great and all, but it’s also the perfect excuse for people to avoid real conversations. Thanks, Dr. Dodds, for the 'cozy' approach!.
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)