Breakthroughs and everyday innovations from the year.
HEADLINES ON July 29, 1957
Full News Archive
- Headline: The Unique Bob Moses. Impact: Bob Moses' unique defense sparked a nationwide trend of creative legal strategies, leading to a future where lawyers argue cases using interpretive dance. Who knew law school would turn into a Broadway audition?. Fact: Bob Moses once argued that the only thing more unique than his legal strategies was his hairstyle. Spoiler alert: they were both questionable..
- Headline: Larry Elliott, Renowned Radio Announcer. Impact: Larry Elliott's radio career inspired a generation of announcers to adopt over-the-top personas, thus giving birth to the 'shock jock' era. The ripple effect? Your morning traffic report now comes with a side of cringe.. Fact: Larry Elliott was known for his ability to read the news without sounding like he was reading from a script. A rare talent in the radio world, akin to finding a unicorn in a haystack..
- Headline: Major Heist at Marconi Savings and Loan. Impact: The $30,000 vault robbery set off a chain reaction of security upgrades across banks, eventually leading to the invention of the ATM. Thanks, robbers! Now we can enjoy our money without ever talking to a teller.. Fact: The robbers left behind a note that simply read, 'We owe you $30,000... and a better security system.'.
- Headline: MR. DULLES' MISSION. Impact: Dulles' blame game with the USSR kickstarted a long-standing diplomatic tradition of finger-pointing, eventually evolving into today's social media flame wars. 'It's not my fault' is now a global pastime.. Fact: Mr. Dulles was known for his ability to blame the USSR for everything, including bad weather. 'If it rains, you can bet the Soviets are behind it' became a popular saying..
- Headline: Suhrawardy Reaches London. Impact: Suhrawardy's visit to London sparked a renewed interest in international diplomacy, ultimately leading to the creation of 'diplomacy as a spectator sport.' Now, we can watch world leaders squabble from the comfort of our couches.. Fact: Suhrawardy once tried to order fish and chips in London and ended up starting a minor international incident. Who knew ordering lunch could be so complicated?.
- Headline: BUDGET REFORMS OPPOSED IN HOUSE; Bipartisan Group is Working to Block Bill Backed by Hoover Commission Spending Vote Provided Explanation by Cannon BUDGET REFORMS OPPOSED IN HOUSE. Impact: The budget reform opposition in the House led to a chain reaction of budget cuts that ultimately resulted in the invention of the 'penny-pinching' meme. Thanks, Congress, for giving us something to laugh about!. Fact: Repr Cannonβs explanation of the budget bill was so lengthy that it inspired a new genre of literature: Congressional Fiction. Spoiler alert: it was boring..
- Headline: Andersen Will Take Over Treasury Problems Today; Replacing Humphrey at a Time of Sharp Perplexity Over Curbing Inflation-- No Policy Changes Are Indicated ANDERSON HEADS TREASURY TODAY. Impact: Andersen's takeover of Treasury problems sparked a trend of appointing people with no experience to high-stakes financial positions. Now, everyone thinks they can run a country after binge-watching a few finance videos on YouTube.. Fact: Andersen reportedly walked into the Treasury and said, 'It's just like Monopoly, right? How hard can it be?' He found out the hard way..
- Headline: ARGENTINA'S VOTE A BLOW TO PERON; Most at Capital Reject Call for Blank Ballots as Token of Dislike of Regime Foe of Regime Set Back ARGENTINA'S VOTE A BLOW TO PERON Argentina Upholds Action. Impact: Argentina's disdain for Peron ignited a series of political upheavals, leading to the phrase 'voting with your feet' becoming a common expression. Little did they know, it would inspire a future of political protest through dance.. Fact: The 18% of voters who cast blank ballots later claimed they were just really bad at making decisions. A true testament to democracy in action!.
- Headline: Foreign Affairs; Is the Absent One Always Wrong? North African Federation A Prohibitive Luxury. Impact: Sulzberger's commentary on North Africa's federation led to a series of overly ambitious unifications that ended in chaos. Now, nations are just one awkward dinner party away from merging.. Fact: Sulzberger's idea of a North African Federation was so popular that it inspired a reality show called 'Nations at the Table,' where world leaders tried to negotiate peace over dinner. Spoiler: it didn't end well..
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)