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 January 23, 1961
Full News Archive
- Headline: Support Education in the Church. Impact: This plea for educational support led to an unexpected boom in 'theologian influencers' on social media centuries later. Who knew a seminary could birth the next generation of Instagram saints?. Fact: The 20-year custom? Itβs basically the churchβs version of a midlife crisisβjust with more prayers and fewer sports cars..
- Headline: Neimeth Elected as L.I.U. Trustee. Impact: This seemingly innocuous election set off a chain reaction that eventually led to the creation of a new 'Trustee Appreciation Day'βa holiday celebrated by zero people.. Fact: Trustees are like Wi-Fi: you often donβt notice them until something goes wrong..
- Headline: Livingston Leads NY Fundraising Initiative. Impact: Livingstonβs leadership in this fund drive sparked a national trend of fundraisers themed around 'head' puns. Who knew fundraising could be so... pun-ny?. Fact: Fund drives: the only time people are excited to 'give' more than they actually want to..
- Headline: Federal Assistance to Colleges Opposed by Southern Assembly. Impact: This opposition triggered a decades-long debate about federal funding which ultimately led to colleges hosting bake sales to fundraise for their own existence. Who needs the government when you have cookies?. Fact: The Southern Assemblyβs motto: βWhy have help when you can struggle in style?β.
- Headline: Goldberg Expects Broader Role In Shaping Economic Policies; GOLDBERG SEEKS A BROADER ROLE. Impact: Goldberg's quest for a broader role ironically resulted in even more narrow-minded policies. Who knew the economy could be so... exclusive?. Fact: Goldbergβs idea of a broader role was apparently limited to just his office chair..
- Headline: 14 IN GRAFT CASE TO KEEP CITY JOBS; Buildings Chief Says He Will Not Act on State Charges -- Calls Inquiry Political 14 IN GRAFT CASE TO KEEP CITY JOBS. Impact: This graft case became a historical footnote, sparking a legacy of political corruption that would inspire countless movies and TV shows. Thanks for the drama, NYC!. Fact: In politics, calling something 'political' is like saying 'Iβm not guilty'βitβs basically the same thing..
- Headline: Bank Association Supports Measure On Tax Revisions. Impact: This support for tax revisions led to a series of complex tax codes that would confuse generations of accountants and tax filers alike. Thanks for nothing, Bank Association!. Fact: Tax codes are like ancient hieroglyphics, except even less fun to decipher..
- Headline: R.K.O. CHAIN HEAD QUITS; Sol Schwartz, President for 110 Years, to Leave in March. Impact: Sol Schwartz's departure opened the door for a series of less-than-stellar presidents, leading to the eventual downfall of R.K.O. and the rise of the home video rental system. Thanks a lot, Sol!. Fact: If only Sol had known that 110 years in charge equates to a lifetime in Hollywoodβheβd have probably retired 50 years earlier..
- Headline: CONSUMER BUYING AT A PEAK IN 1960; Dollar Total Climbed 5% While Physical Volume Showed Rise of 3%. Impact: This peak in consumer buying triggered a shopping frenzy that would eventually lead to Black Fridayβa day dedicated to buying things you didnβt know you needed.. Fact: In 1960, people actually bought things without consulting Instagram first. Shocking, I know!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1961, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1961, it would be worth $23,651,354 today (23651.4x return)