Breakthroughs and everyday innovations from the year.
HEADLINES ON July 16, 1958
Full News Archive
- Headline: Political Influence in Army Contracts Exposed. Impact: Had Harris not hinted at the political influence in military contracts, we might have avoided a series of 'who's who' scandals in politics. Instead, decades later, lobbyists would just be known as 'friends of the administration'βbecause who doesnβt want a friend whoβs also a high official?. Fact: Did you know that this political maneuvering probably led to the invention of the phrase 'it's not what you know, it's who you know'? Thanks, Harris!.
- Headline: Mme. Chiang Applauds U.S. Support. Impact: Mme. Chiang's praise for U.S. action might have been a butterfly flapping its wings, leading to decades of U.S.-China relations filled with unfulfilled promises and awkward diplomatic dinners.. Fact: Did you know that Mme. Chiang was basically the original influencer? If she had an Instagram, it would have been all 'hashtag blessed' from the U.S. support!.
- Headline: MARINE LANDING HAILED; Sudanese Prime Minister Sees a 'Turning Point'. Impact: The Sudanese Prime Minister hailing U.S. action might have created a ripple effect that led to every world leader realizing that flattery could earn them a few more dollars in aid. Who knew compliments could be so lucrative?. Fact: Did you know that the phrase 'U.S. action' became synonymous with a diplomatic hug? Because nothing says 'I care' like sending in the Marines!.
- Headline: U. S. Population 173 Million. Impact: The U.S. population hitting 173 million marked the beginning of the 'more people, more problems' philosophy that would echo through generations, leading to traffic jams, long lines at the DMV, and the eternal debate about whether pineapple belongs on pizza.. Fact: Fun fact: This was also the year when people realized that more people meant more opinions, which is why social media is such a dumpster fire today!.
- Headline: South Africa to Resume Full United Nations Role. Impact: South Africa resuming its full UN role may have set off the 'let's pretend everything is fine' strategy that many countries adopted. This would later be known as the 'we'll just ignore the elephant in the room' approach.. Fact: Did you know that the UN meetings after this moment were basically just a big group therapy session? 'Hi, Iβm South Africa, and Iβm ready to pretend weβre all friends again.'.
- Headline: The Marines' Landing; Review of Possible Repercussions To President's Action on Lebanon. Impact: The Marines' landing and the recognition of the new regime might have led to more 'turning points' than a badly written action movie, with leaders rising and falling like poorly constructed Jenga towers.. Fact: Did you know that every time a new regime is recognized, somewhere, a historian weeps? It's like they have to rewrite their notes all over again!.
- Headline: ATLAS TEST CANCELED; 3-Engine Missile Launching Halted by Internal Trouble. Impact: The cancellation of the Atlas test due to internal trouble was a pivotal moment that not only delayed missile developments but also inspired an entire generation of engineers to create the 'Oops, we messed up' contingency plans that are still in use today.. Fact: Fun fact: This was the moment when engineers collectively decided that 'letβs try that again' would become their official motto..
- Headline: CHELSEA REVISION SPARES CHURCHES; Moses Alters Plan to Tear Down 2 on Penn Station Housing Project Site. Impact: Moses altering the Chelsea project to spare churches may have had unexpected consequences, leading to a future where community groups learned that just because you can bulldoze something doesnβt mean you should.. Fact: Did you know that this is also how 'save the churches' became a popular grassroots movement? Who knew buildings could have feelings?.
- Headline: Algerian Rebels Predict Victory With Their Hit-and-Run Tactics; A Glimpse of the Rebel Forces in the Hills of Algeria. Impact: The predictions of victory by Algerian rebels with hit-and-run tactics might have inspired future guerrilla warfare tactics, proving that sometimes the best way to win is just to be really annoying.. Fact: Did you know that hit-and-run tactics are essentially the military equivalent of 'throwing a rock and running away'? It's a classic strategy with a twist!.
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)