Breakthroughs and everyday innovations from the year.
HEADLINES ON August 18, 1958
Full News Archive
- Headline: AFL-CIO Takes Stand Against Union Corruption. Impact: The A.F.L.-C.I.O. clean-up action sparked a chain reaction in labor unions, leading to more transparency and accountabilityβexcept for that one union that decided to bring back the secret handshake. You know, for nostalgia's sake.. Fact: Did you know the Teamsters once had a member who claimed to have lifted a car single-handedly? Turns out it was just an oversized toy truck..
- Headline: Congressional Votes on Extension Bill. Impact: The voting trends in Congress set off a fierce competition among states, ultimately leading to a bizarre contest where legislators had to guess the number of jelly beans in a jar to win funding.. Fact: Did you know that Congress has voted on more bills than the average person has had hot dinners? Spoiler alert: most of them are still waiting for a second reading..
- Headline: Truman's Grandnephew Joins Jesuit Seminary. Impact: Truman's grandnephew becoming a priest led to a surge in Jesuit vocations, with aspiring priests everywhere thinking they could also become famous just by association.. Fact: Did you know that Jesuit priests are trained in philosophy, science, and the art of dodging awkward questions at family gatherings? Quite the skill set!.
- Headline: tHOMAS d. CONNORS. Impact: Thomas D. Connors' legacy became synonymous with the ever-elusive 'man behind the curtain,' inspiring countless conspiracy theories about the secret lives of everyday people.. Fact: Did you know that 'Connors' is actually a popular last name? Itβs like the Smith of the historical worldβeverywhere and nowhere!.
- Headline: ROCKET FIRER LAG IS LAID TO BUYING; House Investigators Reveal a Serious Shortage of Launchers for Planes. Impact: The shortage of missile launchers sparked a black market for toy rocket launchers, leading to the creation of a new industry that sold plastic missiles to aspiring commanders.. Fact: Did you know the procurement practices of the military could be a reality show? Call it 'Who Wants to Spend Billions?'.
- Headline: State Gives $24,145,713 Aid. Impact: The state aid distribution was so efficient that it inspired a new reality show called 'Extreme Budgeting,' where government officials compete to see who can allocate funds with the least red tape.. Fact: Did you know $24 million could buy a lot of things? Like a really, really fancy yachtβor a lifetime supply of coffee for your local diner..
- Headline: PRI NCESS TCH KOTOLIA. Impact: Princess Virginia H.'s life sparked a series of royal dramas that inspired cheap gossip magazines to flourish, creating a linguistic legacy of unintelligible headlines.. Fact: Did you know that royalty often gets confused with reality TV stars? Just one letter of difference, and suddenly everyone thinks they're a Kardashian..
- Headline: Books of The Times. Impact: Nabokov's 'Lolita' became a cultural touchstone, igniting a debate that would carry on for decades, leading to more awkward book club discussions and a few uncomfortable family dinners.. Fact: Did you know 'Lolita' was originally rejected by several publishers? Proof that sometimes, even genius can be misunderstoodβlike asking a toddler to explain quantum physics..
- Headline: KRASNA'S COMEDY TO CLOSE AUG. 30; ' Who Was That Lady?' Will Not Tour, Producer Says -- London Hit Delayed. Impact: The closure of Krasna's comedy turned out to be a blessing in disguise; it led to a renaissance of underground comedy clubs, where people could bomb on stage for much less than a Broadway ticket.. Fact: Did you know that laughter is the best medicine? Unless youβre a comedian; then itβs just a way to pay your rent..
- Headline: MRS. F. W. KELLOGG. Impact: Mrs. F. W. Kellogg's influence in social circles led to a new trend of elaborate potlucks, where the competition was not just about food but also about who could tell the best tale of their last trip to the grocery store.. Fact: Did you know that everyone loves a good potluck? Itβs like a culinary version of Russian roulette, where you pray your friend's casserole doesnβt have mystery meat!.
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)