Breakthroughs and everyday innovations from the year.
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HEADLINES ON May 29, 1960
Full News Archive
- Headline: Exploring The Saragossa Manuscript. Impact: The Saragossa Manuscript, with its intricate tales, inspired countless writers. This led to the creation of a genre where every quirky plot twist had to involve a mysterious manuscript, resulting in the invention of the 'plot twist' trope. You can thank Potocki for every time you rolled your eyes at an unexpected ending.. Fact: Did you know that the Saragossa Manuscript was so convoluted that it likely caused more headaches than a full night of binge-watching reality TV?.
- Headline: Alexander the Great's Military Mastery Explored. Impact: Fuller’s analysis of Alexander the Great's strategies sparked a series of military studies that inspired future generals, leading to the rise of tactical think tanks. In the end, this led to a plethora of overly complicated board games that no one has the patience to play.. Fact: Fun fact: Alexander the Great would have likely lost his army if they had to sit through one of Fuller's lectures on strategy!.
- Headline: Oil Market Turmoil in the Americas. Impact: The oil market's volatility due to Cuban-Soviet relations inadvertently led to the popularity of eco-friendly alternatives decades later. Who knew a headache for Big Oil could pave the way for hemp-based products?. Fact: Did you know that the only thing more inflated than oil prices during this time were the egos of oil executives?.
- Headline: Plea for Fairer Ladies; The unrelieved gloom of evil and corruption on Broadway's stages calls for a little light along the erstwhile Great White Way. Plea for Fairer Ladies. Impact: The plea for lighter themes on Broadway prompted a revolution in musical theater, ultimately leading to the birth of countless jaded, ironic productions. Thanks to Mannes, we now have 'fun' musicals about existential crises!. Fact: Did you know that Broadway was once just as gloomy as a Monday morning before coffee? Thanks, Mannes, for advocating for a bit of sunshine!.
- Headline: NIXON PANEL LOSES AIDE; Ferman to Leave Committee on Government Contracts. Impact: Ferman's resignation from the Nixon panel led to a series of shake-ups in government contracts, which ultimately resulted in the creation of a whole new level of red tape. Bureaucracy: the gift that keeps on giving.. Fact: Did you know that resigning from a government committee is basically the adult version of throwing your hands up and saying, 'I can't even!'?.
- Headline: Crux of the Court Hullabaloo; Not since the Nine Old Men fought the New Deal in the Thirties has the Supreme Court been so much in controversy. The issue is: what is the Court's proper role? Crux of the Court Hullabaloo. Impact: The Supreme Court's controversies shaped the public's perception of justice for decades, leading to a generation of 'lawyers' who think they know better than the justices. Spoiler alert: they usually don’t.. Fact: Did you know that the term 'Nine Old Men' was also used to describe a poorly run bingo night at the local retirement home?.
- Headline: Aftermaths Of Betrayal; STORM THE LAST RAMPART. By David Taylor. 384 pp. Philadelphia and New York: J.B. Lippincott Company. $4.95. Impact: Taylor's exploration of betrayal in 'Storm the Last Rampart' resonated with readers, leading to an uptick in melodramatic literature. This indirectly paved the way for the rise of soap operas, where betrayal is an Olympic sport.. Fact: Did you know that 'Storm the Last Rampart' was actually the first title considered for a popular soap opera before they realized no one knew what a rampart was?.
- Headline: GROMYKO SAYS U.S. BACKS AGGRESSION; Contends Only an Attacker Needs Aerial Data -- Will Fly to Soviet Tonight GROMYKO SAYS U.S. BACKS AGGRESSION. Impact: Gromyko's accusations against the U.S. fueled a long-standing rivalry that resulted in a series of diplomatic blunders, leading to the invention of the phrase 'It's not you; it's me.'. Fact: Did you know that Gromyko's press conferences were basically just public therapy sessions for the Cold War?.
- Headline: KHRUSHCHEV SAYS EISENHOWER AIM IS STILL FOR PEACE; Premier Continues to Voice Doubt Eisenhower Knew About U-2 Flights GOOD INTENTIONS SEEN But Russia's Summit Report Warns of 'Dark Shadows' Blocking an Accord Khrushchev Says He Believes Eisenhower Still Seeks Peace. Impact: Khrushchev's statements about Eisenhower's intentions sparked a wave of peace talks that ultimately resulted in numerous treaties—though they were often treated like New Year’s resolutions: great in theory, but rarely followed through.. Fact: Did you know that Khrushchev once tried to convince Eisenhower to settle their differences over a friendly game of chess? Spoiler: it didn't go well..
- Headline: Mayor Backs Cleric's Fight Against Slum on West Side; WEST SIDE RECTOR WINS SLUM FIGHT. Impact: The mayor's support for slum reform sparked a wave of urban renewal efforts, which led to the 'gentrification' movement—turning once-thriving neighborhoods into overpriced coffee shop havens.. Fact: Did you know that before slum fights became a thing, they were just called 'neighborhood disputes' and didn't have nearly as much drama?.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1960, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1960, it would be worth $586,657 today (586.7x return)