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 April 22, 1958
Full News Archive
- Headline: Podoloff Secures New NBA Term. Impact: Podoloff's new term in the NBA led to the introduction of more flamboyant player hairstyles, which ultimately influenced the fashion industry, resulting in a global shortage of hairspray in the 80s. Thanks, NBA.. Fact: Did you know that before becoming NBA president, Podoloff was just a regular guy who had never even heard of a 3-point line? Talk about a glow-up!.
- Headline: Severe Tornado Strikes Texas Town. Impact: The tornado that hit Texas caused a chain reaction, leading to a decade-long debate about whether Texas should build houses with tornado-proof roofs. Spoiler alert: they didn't, and the debate is still going on!. Fact: Tornados: nature's way of reminding us that 'everything is bigger in Texas' includes the destruction..
- Headline: James Roosevelt in Hospital. Impact: James Roosevelt's hospital check-up initiated an unexpected fashion trend of wearing hospital gowns in public, which later inspired a line of high-fashion runway looks. Who knew hospitals could be so chic?. Fact: Turns out, being in and out of the hospital is a family tradition for the Roosevelts. Must be nice!.
- Headline: Harvard Scientist Seized in Spy Hunt; AIDE AT HARVARD HELD IN SPY HUNT. Impact: The FBI's seizure of a Harvard scientist in a spy hunt led to an unexpected surge in conspiracy theories about Harvard being a front for a secret government lab. Spoiler: they were just studying the effects of caffeine.. Fact: Harvard: where the coffee is strong, and so are the chances of being wrongfully accused of espionage..
- Headline: Senate Group Backs Curbs on High Court; SENATE UNIT ASKS HIGH-COURT CURBS. Impact: The Senate's push for curbs on the High Court instigated a series of 'Court Curbing Parties' across the nation, where citizens gathered to debate the merits of judicial limits while drinking cheap beer. Democracy at its finest!. Fact: Senate proposals: the gift that keeps on giving... headaches to everyone who has to follow them..
- Headline: FAITH SEEN NEEDED TO COMBAT CRIME. Impact: The belief that faith was needed to combat crime led to a nationwide trend where people started wearing crosses instead of carrying pepper spray. Crime rates skyrocketed, proving once again that faith alone doesn't pay the bills.. Fact: Faith: great for the soul, not so much for your safety. Who knew?.
- Headline: BATISTA FOE DENIES COLLAPSE OF STRIKE. Impact: The denial of the strike collapse in Cuba led to a series of underground movements that inspired the 'Cuban Sandwich Revolution,' where food became the centerpiece of protests. Because who can resist a good sandwich?. Fact: The only thing more resilient than a Cuban sandwich is the spirit of the Cuban people. Theyβll keep fighting, especially if thereβs food involved!.
- Headline: AUSTRALIA TAPS CAPITAL MARKET; $25,000,000 Issue Is Priced to Yield 4.84% -- Southern Pacific Securities on Sale. Impact: Australia's tap into the capital market for a $25 million bond issue inadvertently led to a global financial trend where countries started selling 'bond issues' like they were trendy new sneakers. Spoiler: they weren't.. Fact: Bond issues: the only thing less exciting than watching paint dry, but hey, at least itβs not a tax increase!.
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)