JANUARY 29, 1961

Full News Archive

• Headline: Morgan Plan's Impact on Banking Capital. Impact: The formation of big state-wide bank systems led to the rise of financial institutions that would inadvertently create the 2008 crisis. If only they had just invested in cupcakes instead!. Fact: Morgan Guaranty's capital surplus could have bought a small country… or at least a really nice yacht..
• Headline: Cambodia's New Premier: Pen Nouth Appointed. Impact: Cambodia's choice of leadership ultimately set the stage for decades of turmoil, including the infamous Khmer Rouge. Who knew picking a premier could lead to such a messy history?. Fact: Pen Nouth might have been a premier, but he wasn’t even the most famous Pen in the country. That honor goes to the one that writes checks..
• Headline: Two Connecticut Harbors De-Iced by Artificial Means; Areas Cleared by Compressed Air Under Water Boats Retain Tight Hulls by Spending Winter Afloat. Impact: Sending teachers to Africa was a step towards educational reform, but it also kickstarted a trend of cultural exchange that led to the popularity of African cuisine in hipster cafes worldwide.. Fact: 150 teachers might sound impressive, but it’s not quite enough to teach the world to sing in perfect harmony!.
• Headline: A Crowned Stupidity; GEORGE III. The Story of a Complex Man. By J.C. Long. Illustrated. 372 pp. Boston: Little, Brown & Co. $6.. Impact: The mysterious 'Front Page 1 -- No Title' headline could have been the spark for countless conspiracy theories about government secrets, leading to the rise of internet forums dedicated to decoding the unknown.. Fact: Sometimes, no title is the best title. Just ask any existentialist..
• Headline: Front Page 1 -- No Title. Impact: The release of a variety store directory was the precursor to the rise of retail therapy. Little did they know they were fueling the shopping addiction of millions.. Fact: A variety store directory: because who wouldn’t want to know where to find inflatable lawn flamingos and glitter pens in one place?.
• Headline: Variety Store Directory Out. Impact: This editorial about summits foreshadowed the never-ending cycle of political meetings that yield little more than awkward handshakes and photo ops.. Fact: A summit isn't magic, but if it were, we’d need a lot more wands and way fewer politicians..
• Headline: A 'Summit' Isn't Magic. Impact: Rayburn's rejection of compromises set a trend for political gridlock that would plague Congress for decades. Thanks for laying the groundwork for our current state of affairs!. Fact: Rayburn shunning compromise is like a toddler refusing to share their toys—adorably stubborn but ultimately unproductive..
• Headline: RAYBURN REJECTS ALL COMPROMISES ON RULES BATTLE; Stakes Hopes for Enlarging Panel on Tuesday's Vote -Stand Intensifies Fight Rayburn Shuns All Compromise In Fight Over Rules Committee.