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 July 2, 1958
Full News Archive
- Headline: Furcolo's Bold Education Funding Proposal. Impact: Furcolo's plea for education funding triggered a chain reaction leading to the establishment of questionable online universities, which in turn produced thousands of armchair experts on every subject imaginable. Thanks, Massachusetts!. Fact: Did you know that asking for $11.6 million in 1960 is like asking for a trillion dollars today? Inflation really knows how to ruin a good budget request..
- Headline: New Leadership in Chicago University Surgery. Impact: Dr. Clarkβs appointment to the surgery department sparked an unexpected influx of students who thought surgery was just about βplaying doctorβ and βcutting things.β The medical field has never been the same.. Fact: Fun fact: Dr. Clark's first order of business was to remind everyone that 'surgery' is not an extreme sport..
- Headline: Debate Over New Rochelle Beach Plan. Impact: The property ownersβ protest against the beach led to an unexpected rise in DIY beach projects in backyards, causing a spike in inflatable flamingo sales and a rash of very confused city officials.. Fact: Did you know that property owners in New Rochelle would rather keep their view of the sound than share it with the masses? Truly a lesson in beach ownership entitlement!.
- Headline: ARMY COMPILING LIST OF CLOTHING MAKERS. Impact: The Armyβs meticulous list of clothing makers inadvertently prompted the rise of fashion designers who thought they could appeal to military aesthetics. Thanks to this, camo became the new black at every music festival.. Fact: Did you know that the Army is not just about weapons, but also about making sure soldiers look fabulous while theyβre at it? Who knew military fashion was a thing?.
- Headline: Japanese Held in Vote Fraud. Impact: The crackdown on vote fraud in Japan led to a heightened sense of vigilance that spiraled into the creation of overly complicated voting regulations, causing confusion and the rise of protest movements that still echo today.. Fact: It's fascinating how vote fraud can lead to a series of regulations that make voting feel like preparing for a NASA mission instead of a civic duty..
- Headline: AFFIDAVIT FALSE, WITNESS SWEARS; Woman in Galindez Inquiry Insists She Did Not See Key Words in Statement. Impact: The Galindez inquiry's tangled web of false affidavits opened the floodgates for conspiracy theorists, leading to a new genre of literature that would keep readers questioning everything for decades to come.. Fact: The best part about affidavits is that they can be false, and yet somehow still manage to be the most intriguing part of a legal inquiry. Who needs fiction?.
- Headline: Big Utility System Lifts Net for Year And First Quarter. Impact: The utility system's financial gains led to an increase in household electricity consumption, which sparked the creation of numerous energy-saving campaigns that were only half-heartedly followed by the public.. Fact: Did you know that utility companies thrive on our inability to turn off the lights when we leave the room? Truly a shocking (pun intended) realization!.
- Headline: DULLES SEES GAIN BY U.N. IN LEBANON; Believes Its Observers Are Achieving 'Some Results' DULLES SEES U. N. GAIN IN LEBANON. Impact: Dulles' belief in the U.N.'s effectiveness in Lebanon led to a series of diplomatic conferences that accomplished absolutely nothing but gave everyone a well-deserved coffee break.. Fact: It's heartwarming how many coffee cups were filled during those discussions, proving that sometimes the best outcome is just a little caffeine and camaraderie..
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)