Breakthroughs and everyday innovations from the year.
HEADLINES ON July 24, 1958
Full News Archive
- Headline: U.S. Prepares for High-Stakes Diplomacy. Impact: This meeting of high-profile politicians set off a chain reaction that eventually led to the Cold War's ice melting, only to be replaced by the heated debates of the 21st century. Thanks, Khrushchev, for making diplomacy just a tad more complicated!. Fact: Did you know that 'Nehru' sounds suspiciously like 'neuro,' which is fitting because discussions with world leaders sometimes make you feel like you're losing your mind?.
- Headline: Dewey Methods Survive Educational Hysteria. Impact: By upholding Dewey's methods, educators inadvertently set the stage for future generations of students who would go on to create apps that do their homework for them. Who knew learning could involve so many games?. Fact: Did you know that 'hysteria' in the educational context is just a fancy way of saying, 'We can't handle change!' Classic!.
- Headline: Jet Mishap Kills 2 on Carrier. Impact: This tragic mishap not only took two lives but also sparked a series of safety regulations in aviation, leading to the rigorous checks we have today. A small price to pay for the modern flying experience, am I right?. Fact: Did you know that jet fuel is not just a fancy drink for planes? It’s actually the reason why many people are afraid of flying—thankfully, not everyone is a fan of turbulence!.
- Headline: SUICIDE USES A BOMB; Newark Executive Sets Off Homemade Explosive. Impact: This explosion of despair might have been an isolated incident, but it also highlighted the importance of mental health awareness. Who knew that the emotional consequences of life could literally blow up?. Fact: Did you know that before this incident, homemade explosives were mostly reserved for science experiments gone wrong? Now, they're just reminders that we need to talk about feelings more often..
- Headline: NEWSPAPER AD TAX TO UNDERGO STUDY. Impact: The ad tax study probably led to countless meetings where people debated the merits of advertising. Spoiler alert: they concluded it was still important, which is why we can't escape ads even when we want to!. Fact: Did you know that taxing advertisements is like trying to tax the air? Good luck with that, municipalities!.
- Headline: Berlin to See 'Great Dictator'. Impact: The screening of 'Great Dictator' in Berlin symbolized the slow but certain healing of a city divided. It's funny how a comedy can sometimes bridge the gaps that politics can't!. Fact: Did you know that Charlie Chaplin's portrayal of a dictator was so good that it made actual dictators reconsider their life choices? Just kidding, they never did!.
- Headline: ZOOLOGISTS ACCEPT BID; World Congress Will Meet in the U. S. in 1963. Impact: The World Congress of Zoologists meeting in the U.S. will spark years of discussions on animal behavior, leading to a few questionable reality TV shows about pet influencers. Thanks, zoologists!. Fact: Did you know that zoologists have more fun at parties than you might think? They can tell you all about animal mating rituals while you just sip your drink awkwardly!.
- Headline: First Landing Captures $33,725 Great American for Fifth in Row; 1-5 CHOICE BEATS ATOLL BY A NECK First Landing Victor in 68th Running of Jamaica Dash -- Jet Fuel 3d of 4 Colts. Impact: The victory of First Landing continued a trend of hype surrounding horse racing that somehow led to the invention of horse betting apps. The more things change, the more they stay the same!. Fact: Did you know that horse racing is basically the original version of fantasy sports? Except, instead of picking players, you just bet on animals running fast. How original!.
- Headline: MOST CAP MAKERS SET TO END STRIKE; 6,500 of 8,000 Due Back on Jobs Today -- 5% Rise and Promotion Fund Won. Impact: The cap makers' strike and subsequent resolution showed that collective bargaining could lead to actual change, paving the way for unions everywhere to negotiate for better wages. Yet, here we are still fighting for fair pay!. Fact: Did you know that cap-making is not just a craft but also a vital component of the fashion industry? Who knew hats had such influence over our lives?.
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)