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 3, 1959
Full News Archive
- Headline: GM Defends Corvair's Steering Performance. Impact: The Corvairβs rear-engine design inspired a generation of car enthusiasts, but also a slew of awkward parking lot incidents that led to the invention of the modern-day bumper sticker: 'I survived a Corvair.'. Fact: Did you know the Corvair was so hard to steer that some people mistakenly thought it was a new form of exercise? 'Car Yoga' really took off for a hot minute..
- Headline: Soviet Stance on Berlin Crisis Solidified. Impact: Kozlov's statements on the Berlin Crisis set off a chain reaction of political posturing that ultimately led to a time where everyone thought they could solve world problems by shouting louder.. Fact: Did you know that shouting at international relations has never worked? But hey, itβs a great way to get your frustration out in the meantime!.
- Headline: 49-Star Flag Will Be Run Up Over White House Tomorrow. Impact: The introduction of the 49-star flag was a major step in American history, leading future generations to wonder why they didn't just upgrade to a cooler 50-star design sooner.. Fact: Did you know that the 49-star flag was only used for a year? Talk about a limited-edition item that nobody really asked for..
- Headline: Survivor of the Maine Dies. Impact: The death of the USS Maine survivor brought forth a wave of nostalgia and the beginning of countless conspiracy theories about the shipβs mysterious explosion, leading some to believe it was just a bad seafood night.. Fact: Did you know that the sinking of the USS Maine was one of the key events leading to the Spanish-American War? Imagine if they had just ordered a pizza instead..
- Headline: Jamaica Bans African Goods. Impact: Jamaica's boycott of African goods became a rallying point for future protests, inadvertently teaching future generations that sometimes, the best way to make a point is through a shopping cart.. Fact: Did you know that boycotting goods can actually be quite effective? Just ask anyone who has tried to boycott modern-day avocado toast..
- Headline: DEFENSE EQUIPMENT FOR STATE IS SHOWN. Impact: The showing of defense equipment in Hudson Valley was a precursor to future debates on defense spending, leading to a never-ending cycle of 'we need it for our safety' vs. 'but what about my coffee fund?'. Fact: Did you know that water purification units are considered essential? But you know what's really essential? My daily double shot of espresso..
- Headline: Viscount Weir Dies in Scotland; Served Government in 2 Wars. Impact: Viscount Weir's passing marked a significant moment in British history, leaving a legacy that would eventually inspire several historical dramas on TV, complete with scandalous wigs.. Fact: Did you know that serving in two wars can really make you the life of the party? Talk about having stories to tell at dinner!.
- Headline: Davenport Directors Named. Impact: The appointment of Davenport Directors was just another reminder that the more things change, the more they stay the same in the world of corporate governanceβwhere new faces mean the same old decisions.. Fact: Did you know that corporate board meetings are a lot like family dinners? Everyone pretends to listen while secretly planning the next dessert!.
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)