Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON April 9, 1958
Full News Archive
- Headline: G.E. Pushes Import Restrictions for Security. Impact: Because GE thought imports were a national security threat, they led the charge to make America a manufacturing powerhouse. Little did they know this decision would eventually lead to the rise of overpriced toasters that last a week.. Fact: GE's concerns about imports led to a whole industry of products nobody asked forβlike the microwave that can communicate with your refrigerator..
- Headline: Benton's Debate Challenge Rejected. Impact: The refusal of Bowles and Dodd to debate Benton set a precedent for future politicians to simply ignore challenging questions altogether. Fast forward to today, and you have politicians who think dodging debates is an Olympic sport.. Fact: Debating is so last century; today's politicians prefer to just tweet their opinions instead..
- Headline: U.S. Proposes Arms Inspection Talks with USSR. Impact: This moment of urging arms inspection led to decades of back-and-forth negotiations that ultimately resulted in a Cold War. Who knew that asking nicely could lead to such a frosty global standoff?. Fact: The Cold War was basically two superpowers playing an eternal game of 'who's tougher'βand spoiler alert: it got really cold..
- Headline: PREUSSE BIDS CITY SELL CON EDISON 3 POWER PLANTS; Committee Backs New Offer of 123 Million to Transfer Facilities for Subways 15-CENT FARE HELD SAFE T.W.U., Facing Membership Loss, Will Fight Plan -- Transit Board Silent CITY DEAL URGED ON POWER PLANTS. Impact: Selling power plants to save subway fares? Genius! This decision led to the eternal struggle between public transport funding and fare hikesβan epic saga still continuing today.. Fact: The fight over subway fares has become so intense, there are probably more lawsuits than actual subway cars in service..
- Headline: U.S. SNUB CHARGED BY BRITISH GROUP; Laborite Reports Staff Man, Not Envoy, Greeted Unit Opposing Nuclear Arms. Impact: This snub may have caused a ripple of distrust that still lingers in U.S.-U.K. relations, ultimately leading to British tabloids obsessively covering every little diplomatic faux pas.. Fact: In the world of diplomacy, being greeted by a minor official is the equivalent of getting a 'Happy Birthday' text from an acquaintance you barely remember..
- Headline: Truman, at Yale for Talks, Says He Would Be 'Do-Something' President; TRUMAN AT YALE TO DISCUSS VIEWS. Impact: Truman's ambition to be a 'Do-Something' president set a standard that future presidents would struggle to either meet or completely ignore, depending on their skill in avoiding actual work.. Fact: Yale is known for nurturing future leadersβjust look at all the presidents who did something, or at least claimed they did..
- Headline: Bloom in the Spring, Ha Ha. Impact: The blooming flower announcement inadvertently led to countless gardening enthusiasts rising up to defend their 'green thumbs,' ultimately resulting in social media influencers sprouting like daisies.. Fact: Spring blooms are nature's way of showing offβlike a peacock, but with petals..
- Headline: COSTELLO RULING AFFECTS 18 HERE; U.S. May Have to Start New Denaturalization Suits for Reds and Racketeers. Impact: The ruling created waves of fear and paranoia, leading to a McCarthy-esque era where everyone was too afraid to mention they liked communism or had a distant cousin named Ralph.. Fact: Denaturalization suits are a great way to ruin a family reunionβjust ask any relative who was accused of being a 'Red.'.
- Headline: Cypriotes Ask General Strike. Impact: The call for a general strike in Cyprus led to increased tensions and a flurry of discussions on self-determination, eventually inspiring countless protests around the worldβwho knew a little strike could spark a global movement?. Fact: General strikes are like the worldβs largest temper tantrum, where everyone decides to sit down and refuse to play until they get what they want..
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)