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HEADLINES ON September 2, 1958
Full News Archive
- Headline: Tragic Loss of Explorer de Bisschop. Impact: If only de Bisschop had known that his ill-fated raft journey would lead to an explosion of anthropological interest in Polynesia, we might have had a reality TV show about it instead. 'Survivor: Rakahanga Reef' could have been a thing.. Fact: De Bisschop's raft was not only a vessel but a floating metaphor for misguided ambition. A classic case of 'don't put all your eggs in a flimsy raft.'.
- Headline: Tragic Crash of Guard Jet Pilot. Impact: The untimely demise of this Guard jet pilot kicked off an entire debate about pilot safety regulations that would ultimately lead to the invention of the ejection seat. Who knew that a crash could lead to someone being literally catapulted to safety?. Fact: This pilot's last flight was supposed to be a routine training session; little did he know, he was essentially auditioning for the role of a tragic hero..
- Headline: New Job Aid for Veterans in Peacetime. Impact: Eisenhower's peacetime job aid took a mere $70 million a year to help veterans. Fast forward a few decades, and you have the government scrambling to figure out how to budget in a world where everything costs about as much as a small country.. Fact: The original '52-20 Club' was just a way to make sure veterans had enough time to perfect their golf swings before getting back to the grind. Because nothing says 'you fought for your country' like a leisurely afternoon on the greens..
- Headline: RUSSIAN FOR LIMIT ON SPACE CONTROL; Jurist Suggests Nations Rule Only in Lower Regions, With the Rest Open. Impact: Galina's suggestion to limit national sovereignty to the atmosphere was the first step toward an eventual space race. If only the world had listened, we might have avoided the whole 'who gets to colonize Mars' argument.. Fact: This proposal was likely fueled by a lot of late-night vodka discussions. Because, really, who wouldn't want to claim outer space after a few drinks?.
- Headline: Allison Danzig Is Honored for Long Service to Tennis. Impact: Danzig's recognition for his contributions to tennis may have inspired a generation of sportswritersβleading to the eventual rise of 'celebrity tennis' where players are just as famous for their Instagram accounts as their backhands.. Fact: Danzig spent more time writing about tennis than actually playing it. Talk about a racket!.
- Headline: SODALITY CONGRESS OF CATHOLICS OPENS. Impact: The opening of the Sodality Congress marked the beginning of Catholics trying to organize in the lay apostolate, leading to a wave of church picnics and bake sales that would make anyone question the true meaning of community.. Fact: This congress was less about divine inspiration and more about who could bring the best casserole to the potluck..
- Headline: Morhouse Calls Harriman Boss-Run And Without Influence in Party Affairs. Impact: Morhouse's comments about Harriman being boss-dominated could have kicked off a series of power struggles in the party, leading to the political equivalent of a toddler's tantrum. Because nothing says 'mature politics' like public squabbling.. Fact: Morhouse's critique was less about Harriman and more about his own need for attention, akin to a child trying to outshine a birthday cake..
- Headline: Pope Honors Judge Marchisio. Impact: The Pope honoring Judge Marchisio was a subtle reminder that even the judicial system has its fan club. This could have sparked a wave of judges trying to one-up each other in the holiness department.. Fact: Marchisio received this honor just for being a decent human being. Letβs face it, thatβs rare enough to warrant a papal commendation these days..
- Headline: DILEMMA' IS CITED IN PASSPORT RULE; Plea Revealed in House Fight for Secrecy on U. S. Data on Communists. Impact: O'Connor's plea for secrecy over Communist data would eventually lead to a series of 'Red Scare' manias, causing more paranoia than a cat in a room full of rocking chairs.. Fact: This debate over passports was like a bad spy movie where everyone kept looking over their shoulders for imaginary commies. Spoiler alert: they weren't actually there..
- Headline: LITTLE ROCK DELAY TO SEPT. 15 VOTED BY SCHOOL BOARD; 5-1 Decision Puts Off Central High's Opening to Await Supreme Court Ruling. Impact: The decision to delay the opening of Central High reflected the deep societal divisions of the time and set the stage for a protracted battle over school desegregation that would echo through the agesβlike a really bad song stuck in your head.. Fact: The school board's vote was less about education and more about trying to avoid the Supreme Court's wrathβbecause who needs a court case to ruin a perfectly good school year?.
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)