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 May 1, 1959
Full News Archive
- Headline: Siberian Dispatch Reprinted in Izvestia. Impact: The full reprinting of Frankel's article set off a chain reaction of Soviet propaganda strategies, leading to the eventual emergence of the 'Siberian Literary Festival.' The festival, while initially a literary celebration, turned into a yearly competition for the 'Most Dramatic Snowfall' poem, forever altering the course of Siberian culture.. Fact: Did you know that Izvestia means 'news' in Russian? So essentially, they were just rebranding 'news' to sound more dramatic..
- Headline: Publishers Propose New Contract Agreement. Impact: This 'pretty good compromise' led to the formation of an elite group of publishers known as the 'Compromise Coalition,' whose members would later influence the creation of the world's most boring board games. Thanks a lot, printing industry.. Fact: Fun fact: 'pretty good' is the official motto of mediocrity worldwide..
- Headline: Housing Authority Appoints New Assistant. Impact: D.C. Bolles' appointment was the spark that ignited a series of bureaucratic reshuffles, ultimately resulting in the infamous 'Chairmanβs Chair' scandal, where every chairman in history was found to have their own personal chair imported from Italy. Truly a scandal of epic proportions.. Fact: Did you know that a $15,000 salary back then could get you a small mansion? Guess the housing authority wasn't exactly struggling..
- Headline: Grants Aid Cancer Research. Impact: The federal grants for cancer research led to the unexpected birth of the 'Cure-All Elixir' craze in the 1970s, where every eccentric scientist was convinced their concoction could cure everything from colds to heartbreak. Not to mention a few questionable reality TV shows.. Fact: Fun fact: The only thing more expensive than cancer research is the medical bills youβll rack up after ignoring it..
- Headline: Jewish Birobidzhan Is Found Quiet Corner in Brisk Siberia; Jewish Birobidzhan Quiet Corner in Brisk Siberia. Impact: The discussions surrounding Birobidzhan led to a bizarre time-loop where future generations of Jews in Siberia began to think that Yiddish was a cuisine rather than a language, resulting in some truly interesting dinner parties.. Fact: Did you know that Birobidzhan was meant to be a haven for Jewish culture? Turns out, the only thing it successfully 'preserved' was a collective sense of 'what were we thinking?'.
- Headline: 7 Publications Shut in India. Impact: The strike of the Express newspapers started a domino effect that ultimately led to the rise of the meme culture in India, where every funny picture could be considered a 'publication'βthus redefining journalism forever.. Fact: Did you know that shutting down seven publications in India was like taking away just one slice of a pizza? Everyone else still gets the good stuff..
- Headline: Front Page 1 -- No Title; Gathering in Capital Hears Some Footnotes Verified. Impact: The gathering of presidential descendants turned into an annual competition of who could tell the most embarrassing family story, which inadvertently led to the creation of the 'Presidential Roast'βa tradition that still haunts modern politics.. Fact: Did you know that the Women's National Press Club was the original place for gossip? They practically invented the term 'hot tea.'.
- Headline: PARTY CONCLAVES OPENED IN JERSEY; Both Conventions Weigh Tax Issue -- Democrats to Let Public Help Draft Platform. Impact: The opening of party conclaves in Jersey led to the rise of the 'Taxation Olympics'βwhere politicians competed in ludicrous tax proposals instead of actual athletic events. Spoiler alert: nobody won.. Fact: Fun fact: Politicians discussing tax issues is the adult equivalent of kids arguing over who gets the biggest slice of cake..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1959, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1959, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1959, it would be worth $23,651,341 today (23651.3x return)