Breakthroughs and everyday innovations from the year.
HEADLINES ON July 17, 1960
Full News Archive
- Headline: Jubilee Celebration for Camp Fire Girls. Impact: The Camp Fire Girls' Jubilee Celebration stamp sparked a global stamp-collecting craze, leading to a secret society of philatelists in the 1970s who believed stamps contained mystical powers. To this day, they meet in basements to share stories of their best 'finds' and plot the return of the lost art of letter writing.. Fact: Did you know that stamp collecting is often called 'philately'? Sounds fancy, but it's just a highbrow way of saying 'I have too much time on my hands.'.
- Headline: Private Companies Merging with Investment Funds. Impact: The merging of private companies with funds created a financial landscape where tiny startups began to think they were as important as tech giants. This led to the rise of 'unicorns'βcompanies valued at over a billion dollars that may or may not have actual products.. Fact: Fun fact: The only 'breaks' that most tax breaks give you are the ones that allow you to break out in a cold sweat when you realize how little they actually benefit you..
- Headline: The Sound of New Brooms in Reston. Impact: Reston's commentary on Kennedy's new policies inadvertently sparked a nationwide trend of using 'new brooms' to represent fresh starts. This led to a bizarre fad of people sweeping their porches every time a new political figure took office, in hopes of sweeping out the old problems.. Fact: The phrase 'new brooms sweep clean' is often used in politics. But letβs be real, sometimes all you get is a bunch of dust bunnies and a sore back..
- Headline: Sports News. Impact: The rash statement from the Del Pk Oaks led to a sudden increase in rash-related injuries, igniting a public health campaign to reduce enthusiastic horse betting. Betting on sports in the U.S. has never been the same sinceβthatβs a lot of rash decisions!. Fact: Rash decisions can be fun until you realize you just bet your lunch money on a horse named 'Turtle Power.'.
- Headline: THE ISSUES: Democratic Platform and G.O.P. Record Indicate Probable Lines of Battle. Impact: The 1960s political battleground shaped the future of American politics, leading to the infamous Nixon-Kennedy debates, which resulted in the realization that charisma often outweighs competence. This paved the way for future political campaigns based more on social media presence than actual policies.. Fact: The only thing longer than the lines of battle in politics is the list of broken campaign promises. Spoiler: they just keep coming..
- Headline: JOHN GEHAN DIES; HEADED SHIP LINE!; Ex-President of American ExportuWith Company From 1925 to 1958. Impact: John Gehan's passing marked the end of an era for American shipping, leading to a wave of nostalgia that prompted people to send letters by sea, despite the invention of the internet. Some even claim his ghost still haunts old shipping routes, ensuring no letter goes undelivered.. Fact: From 1925 to 1958, Gehan led a shipping company. That's like being the captain of a pirate ship, but with far fewer eye patches and much more paperwork..
- Headline: PENTATHLON TO TOOMEY; Californian Wins 1,500-Meter Run and Overhauls Floerke. Impact: B Toomey's victory in the pentathlon inspired a wave of athletes to take up multiple sports, leading to an era where everyone thought they could be the next multi-sport athlete, only to discover that balancing soccer, swimming, and knitting is harder than it looks.. Fact: Fun fact: The pentathlon consists of five events, which is about four too many for most people who struggle to get through one..
- Headline: MORE THAN CONVERSATION. Impact: N McElroy's suggestion on education reform led to a revolution in how we discuss schooling. This gave birth to countless 'education summits'βa euphemism for gatherings where people with no teaching experience debate about what teachers should do.. Fact: Education reform discussions often resemble a game of hot potatoβeveryone wants to pass the responsibility without actually holding it..
- Headline: Jim Jeffries' Brother Dies. Impact: The death of Jim Jeffries' brother sparked a renewed interest in family legacies, leading to the rise of genealogy websites where people can proudly trace their lineage back to notable names, and then proceed to exaggerate their findings on dating apps.. Fact: Genealogy is the only field where people can claim to be related to royalty, all while simultaneously wondering why they still live in their parents' basement..
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)