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 26, 1958
Full News Archive
- Headline: Argentina Eases Meat Export Regulations. Impact: As Argentina's beef flowed more freely, people in other countries suddenly found themselves with an insatiable craving for steak. Fast forward a few decades, and we're seeing a global steakhouse boom, leading to the rise of questionable food trends and the regrettable invention of the 'steak-flavored' ice cream.. Fact: Did you know that Argentina is famous for its asado? That's right, the barbecue that can turn any gathering into a meat-fueled frenzy..
- Headline: Traffic System Proposal in 1958. Impact: The suggestion of a traffic system led to a chain reaction that resulted in every city trying to outdo one another with increasingly complex gridlock. Thanks to this, we have GPS systems constantly yelling at us and an endless supply of podcasts for our commutes.. Fact: Traffic jams were once considered a sign of progress. Now theyβre just a way of life and a great excuse for being late to everything..
- Headline: Oscar Zeisel's Impact on Culinary Arts. Impact: Oscar Zeisel's name may not ring a bell, but his obscure existence contributed to the ongoing debate about the importance of names in history. This resulted in a web of conspiracy theorists claiming that the wrong name could alter the course of history. Spoiler: it didnβt.. Fact: The most common name in history is 'John.' So if you ever feel insignificant, just remember, you're not as basic as John..
- Headline: ARBITRATOR GIVES PHONE JOB RULING; Says Empolye May Not Be Assigned Work of Higher Rating -- Union Jubilant. Impact: The arbitrator's ruling meant that workers couldn't be assigned tasks above their pay grade, which inadvertently led to a series of office pranks where employees began swapping job titlesβeventually leading to the rise of people who inexplicably think they are 'Chief Happiness Officers.'. Fact: Union victories often involve more than just job security; they sometimes lead to the creation of very creative job titles that nobody understands..
- Headline: VICTOR ORNSTEIN. Impact: Victor Ornstein's mention in the headlines ensured he would forever be known as the 'forgotten figure' in history, inspiring a series of memes about how being unremarkable can lead to unexpected fame in the age of social media.. Fact: Being βforgottenβ in history often just means you didnβt have a good PR team. Lesson learned: hire a publicist..
- Headline: PHONE RATES FILED; A.T.&T. Protests New Tariffs for Private Networks. Impact: AT&T's protest against new tariffs echoed through the telecom industry, leading to a series of price wars that ultimately gave rise to unlimited data plansβmuch to the joy of binge-watchers everywhere.. Fact: AT&T has been around so long, they probably have a time machine to see how many times they can change their pricing model before customers start revolting..
- Headline: JOHN H. ROUNTREE. Impact: John H. Rountreeβs brief appearance in the headlines ensures that even the most mundane individuals can spark a curiosity about what fascinating stories might lie behind the most ordinary names. Spoiler: usually nothing.. Fact: Rountree is a rare name, but statistically, youβre still more likely to meet someone named 'John' than someone who has a life story worth telling..
- Headline: The President Explains. Impact: Eisenhower's explanations about his policies led to a long line of political speeches that have defined the art of saying a lot while meaning very littleβsomething politicians still excel at today.. Fact: Political speeches are the adult version of 'show and tell,' where everyone pretends to care about a topic while really just waiting for the snacks..
- Headline: Texaco Net $2.37 a Share in 1st Half, Against $3.01; New Director Is Named. Impact: Texaco's financial report sparked a flurry of corporate restructuring efforts that culminated in the birth of the corporate jargon generationβleading to meetings about meetings about meetings.. Fact: Texacoβs profits could fund an entire year of Netflix subscriptions for everyone in the U.S. But instead, they just bought more oil rigs..
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)