Breakthroughs and everyday innovations from the year.
HEADLINES ON August 24, 1960
Full News Archive
- Headline: Job Security Demanded for State Workers. Impact: The call for job security led to a dramatic increase in caffeine consumption among civil service employees, as they began drinking copious amounts of coffee while desperately searching for jobs they couldn't lose. This fueled a worldwide coffee bean shortage in the late 60s, leading to the rise of tea drinkers and the eventual formation of a secret tea-drinking society that still meets to this day.. Fact: In a shocking twist, job security requests often lead to people requesting to work from home, which makes one wonder: did we really need to invent the internet just for this?.
- Headline: State Democrats Appoint Fund Director. Impact: The naming of a fund head became the catalyst for a decade-long feud between electric executives and campaign managers, resulting in an underground competition to see who could create the most absurd campaign slogans, eventually leading to the infamous 'Power Up Your Vote' campaign.. Fact: If only we had a dollar for every time there was a rising expense in campaigns, we could probably fund a small country⦠or at least a decent-sized pizza party..
- Headline: Boston Transit Strike Comes to a Close. Impact: The end of the transit strike became a pivotal moment in Boston's history, as it marked the beginning of the city's obsession with public transportation schedules, which ultimately led to the creation of the first-ever 'Transit Fan Club' - complete with T-shirts and a newsletter.. Fact: Gov. Furcolo's intervention was so effective that it inspired a generation of politicians to add 'strike negotiator' to their resumes, despite having no idea what they were doing..
- Headline: French Trade Balanced In 7 Months of 1960. Impact: The balanced trade figures were so impressive that it led to the first-ever Trade Olympics, where countries competed not just in trading goods but also in who could balance their budgets without breaking a sweat. France dominated, of course, until the rest of the world figured out that they were just good at doing math.. Fact: A fun fact: 'franc zone' sounds like a secret club where only French currency is allowed, but sadly, itβs just a fancy term for a bunch of countries trading with each other..
- Headline: Votes in Senate on Aged. Impact: The Senate votes on aged citizens sparked a nationwide debate about the true meaning of aging, giving birth to the popular saying 'You're only as old as you feel,' which conveniently allowed politicians to ignore their own age while pandering to the youth vote.. Fact: The only thing more contentious than voting on bills in the Senate is arguing over whether pineapple belongs on pizzaβseriously, the debates can get pretty heated..
- Headline: High-Accident Hill In Scarsdale to Get New Safety Device. Impact: The new safety device on 'Breakneck Hill' inadvertently led to the development of the world's first amusement park ride that mimics downhill driving. It's now a popular attraction called 'The Illusion of Speed,' and yes, it includes a terrifying drop.. Fact: Luminous glass-beaded lines are basically the glow-in-the-dark version of what happens when you try to take a shortcut down a hillβphysics can be rough!.
- Headline: Eisenhower Moves to Cut Dominicans' Sugar Quota; EISENHOWER ASKS SUGAR QUOTA CUT. Impact: Eisenhower's move to cut the sugar quota sent shockwaves through the candy industry, causing a secret meeting of candy bar executives that ultimately led to the creation of sugar-free gummy bears. They taste like happiness, if happiness were made of cardboard.. Fact: In a twist of fate, the sugar quota cut actually inspired the invention of the world's first sugar substitute, which has only made people more confused about what is actually in their food..
- Headline: FLORIDA WAVERS, COLLINS ASSERTS; Covernor Says Lack of Unity Among Democrats May Cost Kennedy State. Impact: Collins' assertion about the split among Florida Democrats became the stuff of legends, leading to a bizarre series of events where rival factions tried to outdo each other with increasingly extravagant campaign promises, including free sunscreen for all.. Fact: Florida's political landscape is so unpredictable that if you put a bunch of politicians in a room, you'd have a better chance of getting them to agree on a college football team than on a unified strategy..
- Headline: CITY TRANSIT NETS 5 MILLION PROFIT; Subsidies and More Riders Bring a Gain for 1959-60, After Loss in 1958-59 CITY TRANSIT NETS 5 MILLION PROFIT. Impact: The unexpected profit for city transit led to a spontaneous celebration that included a parade for transit workers, which ironically caused more traffic than the public transportation system usually handles. Now, it's an annual event where everyone gets stuck in the same traffic jam.. Fact: City transit profits are like finding a dollar bill in your pocketβexciting at first, but you quickly realize it just means you can afford to take a slightly nicer bus..
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)