Breakthroughs and everyday innovations from the year.
HEADLINES ON March 7, 1958
Full News Archive
- Headline: Standard Oil Opposes Import Quotas. Impact: Had Standard Oil of California not fought the import limitations, we might have seen a world where oil prices were stable, creating a reality TV show about the boring lives of oil tycoons instead of the rollercoaster of geopolitical tensions. Who needs drama when you have crude oil?. Fact: Did you know that Standard Oil was once so powerful it could dictate prices? Kind of like that one friend who always decides where to eat, but with more world domination..
- Headline: U.S. Rejects Soviet Terms for Negotiation. Impact: The U.S. blocking talks with the Soviets over reunification may have delayed the Cold War's conclusion, leading to a timeline where we all still use dial-up internet while arguing about who won the space race.. Fact: Did you know that the 1955 Geneva Conference was like the world's most boring episode of a reality show? Everyone just sat around, and no one got voted off the island..
- Headline: NEW LOBBYIST LAW URGED BY SCHWARTZ. Impact: If Schwartz had his way with a new lobbyist law, we might have seen a timeline where politicians actually listened to the public instead of their donors. A sci-fi dream, indeed!. Fact: Did you know that lobbying is just a fancy term for 'money talks'? It's like a really expensive game of telephone where the public never gets to hear the ending..
- Headline: AFTERCARE URGED FOR DELINQUENTS; City Welfare Experts Seek to Insure Readjustment to Community Life. Impact: Encouraging aftercare for delinquents may have led to a more rehabilitated society, where instead of prison, we have summer camps for troubled youth. Just imagine the campfire songs!. Fact: Did you know that rehabilitation programs are basically the adult version of 'time out'? Because nothing says 'you've learned your lesson' like sitting quietly and reflecting on your life choices..
- Headline: 1,150 Workers Called Back. Impact: Re-employing 1,150 workers might have turned Pittsburgh into an economic powerhouse, or at least kept the local coffee shop in business with all those extra caffeine-fueled workers. A win-win!. Fact: Did you know that being called back to work can feel like an ex asking for a second chance? Awkward, yet strangely hopeful..
- Headline: FIRM FARM PROPS GAIN IN 2 HOUSES; Congress Moves to a Clash With Eisenhower on Bills Opposing Benson Plan. Impact: Congress clashing with Eisenhower over farm supports may have altered agricultural policies, paving the way for a future where we all debate the merits of organic kale versus conventional lettuce.. Fact: Did you know that farm bills are like reality TV shows? They drag on forever and involve a lot of drama over who's getting the biggest slice of the pie... or in this case, the corn..
- Headline: Antarctic Bases Discussed. Impact: Discussions about Antarctic bases may have sparked modern-day debates about climate change and who gets to claim Antarctica as a vacation spot. Maybe one day, we'll all be arguing over penguin real estate.. Fact: Did you know that Antarctica is the only continent without a native population? So if you're looking for peace and quiet, pack your bagsβjust don't forget your parka!.
- Headline: 'Long Gallery,' Texas Tale Is Staged. Impact: The staging of 'Long Gallery' in Texas may have inspired countless other regional tales, leading to the proliferation of community theater and an overabundance of awkward performances by enthusiastic amateurs.. Fact: Did you know that community theater is the only place where you can be both a star and a hot mess at the same time? It's basically the 'America's Got Talent' of your neighborhood, minus the talent..
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)