Breakthroughs and everyday innovations from the year.
HEADLINES ON January 22, 1958
Full News Archive
- Headline: Taipei's Air Clash in 1958. Impact: This air clash set off a chain reaction that led to the invention of the world's first air traffic control system, which ultimately saved countless livesβexcept in those early years when it was just a guy with a whistle and a lot of luck.. Fact: Did you know that the Nationalists and Communists were actually fighting over who could claim the title of 'Most Dramatic Airplane Maneuvers'? Spoiler: Neither won..
- Headline: Adams Onslaught: Politics and Nonpartisanship. Impact: The Adams attack was like the first domino in a long line of political melodrama, leading to the rise of televised debates and the eventual invention of reality TV, where everyone attacks everyone constantly but with more makeup.. Fact: Interestingly, the phrase 'nonpartisanship' was coined during this period, but it was quickly forgotten when everyone realized it wasn't nearly as fun as partisan bickering..
- Headline: SCHRIEVER THINKS 'SPACE MAN' NEAR; U.S. Has Technical Ability to Put Up First Satellite 'Quite Soon,' He Says. Impact: Schriever's prediction of the first satellite launch led to the space race, which ultimately resulted in a whole lot of scientific advancement and the invention of the internetβthank you, space race, for cat videos!. Fact: Did you know that the first satellite was almost named 'Space Potato' before they settled on 'Sputnik'? Because who doesn't love a good pun?.
- Headline: 1968 TARGET SET FOR ATOM POWER; A. E. C. and Joint Congress Group Agree on Goals in Bid to Bar Fight. Impact: The agreement on atom power in 1968 sparked a series of nuclear debates that eventually led to the invention of the 'Nuclear Family'βa term that ironically had nothing to do with nuclear energy but was heavily debated nonetheless.. Fact: Fun fact: People thought 'atomic power' was going to be the solution to all energy problems. Little did they know it would just create a whole new set of problems wrapped in radiation..
- Headline: HOUSE UNIT VOTES 1.2 BILLION FUND TO SPEED MISSILES; President's Request Backed in Full -- Committee Adds 40 Million for the Army. Impact: The House unit's vote for missile funding created a military-industrial complex that not only made missiles but also inspired countless action movies where heroes save the day with explosionsβbecause who doesnβt love a good boom?. Fact: The added $40 million for the Army was initially intended for a 'Missile of the Month Club,' but the concept was deemed too dangerous after the first shipment..
- Headline: CHARTER REVISION PUT UP TO COUNCIL; Mayor Asks for Request to Albany That 9-Member Commission Be Formed. Impact: The charter revision discussion marked the beginning of many years of governmental red tape, ultimately leading to the creation of countless committees that do absolutely nothingβexcept meet for coffee and donuts, of course.. Fact: Did you know that the 9-member commission was initially proposed to be a 9-member band, but they couldnβt agree on a name or a setlist?.
- Headline: DEMOCRATS URGED TO IGNORE ATTACK; Johnson Tells Colleagues Adams Seeks to Provoke National Defense Debate. Impact: Johnson's urging for Democrats to ignore the attacks led to a culture of political avoidance, which eventually resulted in the phrase 'Let's agree to disagree' becoming a staple in modern politicsβbecause who needs resolution?. Fact: Ironically, 'ignore' became the most popular strategy in political debates, leading to the invention of the political invisibility cloak..
- Headline: Secretary Shortage Reported. Impact: The reported secretary shortage foreshadowed the rise of technology, where typing pools were replaced by computersβbecause who needs human interaction when you have spell check and an endless supply of coffee?. Fact: Fun fact: The last secretary to use a typewriter was actually a time traveler who couldn't figure out how to send emails..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)