Breakthroughs and everyday innovations from the year.
HEADLINES ON August 1, 1959
Full News Archive
- Headline: Queen's Historic Visit to Canada. Impact: The Queen's departure from Canada marked the beginning of a long-standing tradition of Canadians pretending they care about British royalty. This slight disconnect between the monarchy and the people continued to fuel debates about Canadian identity, leading to the eventual rise of maple syrup as a symbol of national pride.. Fact: Did you know that the Queen's visit was so impactful that it inspired countless Canadians to write 'sorry' in their diaries? Truly a national pastime!.
- Headline: Savings Battle: NY Banking Rate Controversy. Impact: This financial kerfuffle led to future generations developing an aversion to banks altogether, resulting in the rise of the popularity of under-the-mattress savings techniques. This 'banking revolution' made mattress manufacturers very happy, while simultaneously making financial advisors weep.. Fact: Did you know that in a parallel universe, people still trust banks and have never heard of the phrase 'too big to fail'? What a boring place to live!.
- Headline: CONFEREES TRIM DEFENSE BUDGET TO 39.2 BILLIONS; White House Request Cut 19.9 Million -- Congress Due to Act Next Week MISSILE FUND IS HIGHER 400,000-Man Guard Also Provided in Compromise Between 2 Measures Conferees Trim Defense Budget; Approve 39.2 Billion Outlay. Impact: The trimming of the defense budget led to a series of budget cuts that ultimately resulted in an increase in homemade weapons, as people decided to channel their creativity into crafting DIY projects for self-defense. Who knew that a budget cut could inspire an entire generation of amateur carpenters?. Fact: In 2023, that same $39.2 billion could buy around 300 million tacos. Just imagine the fiesta we could have thrown!.
- Headline: BROADER FIGHTING IN LAOS REPORTED; Appeal to U.N. for Aid Hinted as Red Attacks Spread to a Second Province BROADER FIGHTING IN LAOS REPORTED. Impact: The escalation of conflict in Laos led to increased international attention, which eventually sparked a series of peace talks. Ironically, these talks ended up being so lengthy that they became a new form of international sport, with teams competing in 'who can stall the longest'.. Fact: The fighting in Laos is a reminder that when it comes to conflict, sometimes the best strategy is just to 'take a break and grab a snack'..
- Headline: ZION LUTHERANS COUNT 245 YEARS; Church in Oldwick, N. J., to Celebrate -- Two Catholic Orders to Honor Saint. Impact: The celebration of the 245th anniversary of the Zion Lutherans prompted a sudden spike in church attendance. This surge led to the unexpected rise of 'Sunday Best' fashion trends that would haunt parishioners for decades to come. Who knew church could be a runway?. Fact: Fun fact: 245 years of worship means they've had enough time to perfect the art of potluck dinners. Talk about divine intervention in culinary skills!.
- Headline: CARROLL E. HOULGATE. Impact: Carroll E. Houlgate's life, although seemingly mundane, was a reminder that every person has a unique story that could one day inspire a best-selling memoirβif only we could get past the paperwork.. Fact: Did you know that every time someone mispronounces Houlgate, a history book loses its credibility? Such is the burden of a name!.
- Headline: RAYMOND A. M'CRANN. Impact: Raymond A. M'Crann's existence is a testament to the fact that sometimes, history is made by those who simply show up. His name may not ring a bell, but it helped keep the 'average Joe' legacy alive, inspiring future generations to embrace their mediocrity.. Fact: Every time someone mentions Raymond A. M'Crann, a historian somewhere sighs deeply, wondering how they ended up with this name on their list..
- Headline: ARTHUR J. PERTSCH, COTTON BROKER, 64. Impact: Arthur J. Pertsch's contributions as a cotton broker might not seem significant, but his work indirectly influenced fashion trends. The ripple effect of his career led to the rise of denim, forever changing the way we dress and ensuring that every person on the planet has at least one pair of jeans.. Fact: Fun fact: If you laid out all the cotton Arthur traded, it would likely stretch around the equatorβtwice! Talk about a fashion statement!.
- Headline: MRS. ARTHUR BRENNAN. Impact: Mrs. Arthur Brennan's life story remains largely untold, but her impact on her family could be likened to that of an unsung hero. Every family needs one, and hers led to the establishment of a dynasty of biscuit bakers that still thrive today.. Fact: Did you know that every 'Mrs. Arthur Brennan' in history has secretly been the family CEO? Talk about hidden power!.
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)