Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON September 23, 1960
Full News Archive
- Headline: Castro's Outreach to African Americans. Impact: In a bizarre twist of fate, Castro's 'Solidarity Week' inspired a future generation of hipsters to host ironic themed parties, leading to the rise of ironic mustaches and overpriced coffee. Thanks, Fidel.. Fact: Did you know that Castro once said he preferred to be called a 'Cuban' over a 'Communist'? Ironically, he might have just wanted better branding..
- Headline: Crucible Steel Acquires Italian Stake. Impact: The acquisition of Crucible Steel set off a chain reaction in the global steel market, ultimately leading to the development of even more obscure specialty steels, like that one used in artisanal pizza ovens. Who knew pizza could be so fancy?. Fact: Fun fact: 'Vanzetti' was also the name of a pizza place that never opened because they couldn't find the right steel for their ovens. Or maybe it was just a bad idea..
- Headline: Tensions Between Church and State in Poland. Impact: The pressure on the Church in Poland made church-state relations a hot topic, leading to the invention of the phrase 'separation of church and state'βwhich ironically, no one seemed to understand for decades.. Fact: Did you know that Gomulkaβs government was so scared of the Church that they considered using holy water as a negotiating tactic? Spoiler: it didnβt work..
- Headline: Gidney Is Slowing Hasty Moves To Suburbs by New York Banks; Controller of Currency Says He Is Not Encouraging Speed in Branching BANK BRANCH BIDS SLOWED BY GIDNEY. Impact: Gidney's slowdown of bank branching led to a wild urban legend that all banks in NYC were secretly planning to create a giant underground vault, which is why they didnβt expand. Spoiler alert: they werenβt.. Fact: Fun fact: Gidney once tried to open a bank branch inside a tree, claiming it would be 'natural banking.' It didnβt go well..
- Headline: 40 Shells Fired at Quemoys. Impact: The shelling of Quemoy was the spark that led to more elaborate military strategies, including the invention of 'who can throw things better' competitions. War? No, just a really intense game of catch.. Fact: Did you know 'Quemoy' translates to 'can we stop fighting?' in a language that doesnβt exist, but should?.
- Headline: Rand Will Produce 2 Typewriter Lines In European Plants; REMINGTON RAND PLANS WORK MOVE. Impact: Rand's decision to shift production to Europe spawned a wave of American companies relocating overseas, leading to the phrase 'Made in America' becoming as rare as a unicorn in a haystack.. Fact: Did you know that Remington Rand once manufactured a typewriter that could only type 'Help! I've been relocated!'? Just kidding, but they really did relocate a lot of jobs..
- Headline: Demand Rejected. Impact: Ghana's refusal to withdraw troops without UN orders set a precedent for future stubbornness in international relations, leading to the infamous 'we'll leave when we're good and ready' attitude that plagues diplomats even today.. Fact: Fun fact: Ghana's troops were actually just waiting for the next episode of their favorite soap opera to end before moving. Priorities..
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)