Breakthroughs and everyday innovations from the year.
HEADLINES ON October 10, 1959
Full News Archive
- Headline: Radio Stock Suit Seeks $22 Million. Impact: The $22 million lawsuit sparked a series of legal battles that eventually led to the establishment of the 'Hawaii Stock Transfer Act,' which ensured that future stock transfers came with a mandatory luau party clause. Investors now refuse to sign anything without a side of poi.. Fact: Did you know that in 2023, people still argue about how Hawaiian shirts should be worn? Apparently, a $22 million lawsuit wasnβt enough to settle fashion disputes..
- Headline: Death of Sir Henry Tizard, Radar Pioneer. Impact: Sir Henry Tizard's work on radar not only changed the course of WWII but also inadvertently led to the invention of the microwave oven. So, next time you're cooking popcorn, thank a scientist who died decades ago!. Fact: Did you know that Tizard was also known for his love of tea? Itβs said he invented radar so he could find the nearest kettle in a blackout..
- Headline: Suffolk Judge Resigns Amid Corruption Charges. Impact: Judge Dodge stepping down was the first in a long line of judges who would rather play hide and seek with accountability than deal with their own incompetence. This inspired a new trend in the judiciary: 'The Great Escape'.. Fact: Did you know that βDodgeβ is actually a common verb in the legal world? It means to evade responsibility, especially in the presence of cameras..
- Headline: KENNETH G. PARK. Impact: Kenneth G. Park became a ghost of history, leaving behind debates about whether his name was more famous than his accomplishments, which led to a resurgence of interest in lesser-known individuals in history. Thanks, Ken!. Fact: Did you know that 'G.' stands for 'Gregarious'? No? Well, neither did anyone else..
- Headline: GEORGE H. SCHMIDT, BALTIMORE BANKER. Impact: George H. Schmidtβs banking practices sparked a revolution in finance that led to the emergence of mobile banking apps, which now allow you to transfer money while standing in line for your third pumpkin spice latte.. Fact: Did you know that Schmidt once tried to teach a pig to use a bank account? Spoiler: the pig preferred cash..
- Headline: Educator Holds U. S. Adolescent Lacks Rebellion. Impact: Dr. Friedenberg's assertion about adolescents lacking rebellion led to a generation of parents wondering how to get their children to misbehave. Thus, the 'Rebel Without a Cause' workshops were born.. Fact: Did you know that the average teenager rebels by just being a teenager? It's like a rite of passage, but with more eye rolls..
- Headline: U. S. CHALLENGED ON TEACHER RATIO; Oregon U. President Doubts 553,000 Will Be Needed in Colleges by 1970. Impact: Oregon University's president's challenge to teacher ratios caused a nationwide panic about teacher shortages, which resulted in a bizarre competition among states to see who could recruit the most teachers using inflatable mascots.. Fact: Did you know that the phrase 'Those who can, teach' is often followed by 'and those who can't, become administrators'? Ah, the irony!.
- Headline: ROBERT S. TOMKINS. Impact: Robert S. Tomkins faded into obscurity, but his name inspired a popular meme format about being 'too cool to be remembered.' The internet never forgets, except when it does.. Fact: Did you know that 'S.' stands for 'Superfluous'? Yeah, thatβs not true, but it sounds impressive, right?.
- Headline: OR. 8ENNO LISC___HER OEAD; Dean Emeritus o4 WashingtonI U. Dental School Was 83 I. Impact: Benno Lischer's death, though sad, led to a renewed interest in dental education and the creation of 'Dental Awareness Month,' where people were encouraged to floss and tell their dentists about their deepest fears.. Fact: Did you know that dentists have a secret handshake? Itβs called the βI just found a cavityβ dance, and itβs quite the spectacle..
- Headline: SPACE CHIEF ASKS PSYCHOLOGY WAR; Johnson Wants Department Set Up to Counter Impact of Soviet Achievements. Impact: The call for a Psychological Warfare Department resulted in an influx of memes and social media campaigns, leading to a generation of teenagers who convinced their parents that their emotional trauma was actually a form of psychological warfare.. Fact: Did you know that the Soviet Union never really achieved psychological domination? They just had really good PR people!.
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)