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 24, 1958
Full News Archive
- Headline: Union Carbide's Bold Expansion Strategy. Impact: Union Carbide's expansion plan, despite declining business, set off a series of questionable decisions in corporate America, leading to the infamous 'bigger is better' mindset. Thanks to them, we now have oversized everything: cars, burgers, and even egos!. Fact: This expansion plan was so ambitious that it inspired the phrase 'go big or go home'—which is ironically what many of their investors ended up doing..
- Headline: The Legacy of Herbert Pratt Luce I. Impact: Herbert Pratt Luce I's existence contributed to the lineage of people who thought the world needed more Herbert Pratts, leading to a global increase in mediocre dinners and even more mediocre conversation at family gatherings.. Fact: Herbert I was the original Herbert, but there were no Herbert II, III or IV because the name lost its charm after the first one..
- Headline: FRONDIZI IS VICTOR IN ARGENTINE POLL; BACKED BY PERON; Leftist Lawyer Is Elected President Over Balbin, Leader of Moderates MARGIN NEARLY 2 TO 1 Exiled Dictator's Supporters Sway Result -- Fighting Erupts After the Tally FRONDIZI VICTOR IN ARGENTINE POLL. Impact: Frondizi's election in Argentina set off a political domino effect that ultimately led to a series of coups and counter-coups. If only people knew that electing a lawyer would lead to such chaos, they might have voted for a cat instead.. Fact: Frondizi was supported by Perón, but it turns out that political alliances are as stable as a wobbly table—one wrong move and everything shakes..
- Headline: GILBERT C. WHITNEY, TRANSIT EXPERT, 74. Impact: Gilbert C. Whitney's passing marked the end of an era in public transit, leading to a brief period of confusion before we inevitably settled back into the same traffic jams. Who needs transit experts when you have GPS that still gets you lost?. Fact: Whitney once suggested a mass transit system that relied on giant rubber ducks. The idea was quacked down before it could float..
- Headline: MISS HURLEY SINGS HER FIRST MICAELA. Impact: Miss Hurley's first performance as Micaela sparked a renaissance of opera that somehow led to a resurgence in the popularity of musical theater, making us question why we ever stopped watching people sing dramatically about their feelings.. Fact: She was so nervous before her debut that she accidentally knocked over an entire set of props—turns out her real talent was improvisation!.
- Headline: Senate Unit to Open Kohler Strike Study; SENATORS TO PLAN KOHLER HEARINGS. Impact: The Senate's decision to study the Kohler strike turned into a massive political circus, where senators discovered that discussing labor issues was far more entertaining than doing anything about them. Cue the popcorn!. Fact: The hearings were so long that they became an unintentional reality show, with viewers tuning in to see who would argue the loudest over coffee breaks..
- Headline: Hudson Guild Seeks' Funds. Impact: Hudson Guild's fund-seeking efforts became a case study in how to beg for money in creative ways. This inspired future charities to send out more glittery envelopes and fewer heartfelt letters, because who doesn’t love sparkles?. Fact: Their fundraising strategy included a bake sale that raised only $5 because someone accidentally sold salt instead of sugar. Sweet success indeed!.
- Headline: 'Chicken Tracks' Photographed 7,000 Feet Down in Arctic Sea. Impact: 'Chicken Tracks' being photographed 7,000 feet down led to a rise in conspiracy theories about underwater poultry. It also inspired a bizarre wave of chicken-themed merchandise that we still can't explain.. Fact: People initially thought the tracks were from a lost civilization of underwater chickens. Scientists are still trying to figure out how to convince them otherwise..
- Headline: The Montreal String Quartet; Hyman Bress Leads Group in Debut Beethoven, Brahms, Haydn Performed. Impact: The Montreal String Quartet's debut performance became an unexpected catalyst for a string of bad puns in the classical music scene. And thus, the genre of 'dad jokes in concert' was born.. Fact: Hyman Bress, the leader, was notorious for his obsession with perfecting the art of the dramatic pause—mostly to let his audience remember the last joke he told..
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)