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 February 9, 1962
Full News Archive
- Headline: Superliner France's Grand Arrival in NYC. Impact: If the SS France hadn't sailed in with such grandeur, perhaps the French would never have perfected their ability to make a dramatic entrance. As a result, every future French fashion show is now plagued by an overabundance of tooting and water geysers. Oh, the chaos of haute couture!. Fact: Did you know that the SS France was known for its speed? It was so fast that it made the Titanic look like it was leisurely taking a Sunday drive!.
- Headline: Studebaker Strike Settlement Achieved. Impact: The resolution of the Studebaker strike led to a boost in car manufacturing, which eventually contributed to the rise of the American car culture. Little did they know, this would result in the invention of the bumper sticker, and we all know how that turned out. Thanks for the profound thoughts, 'My other car is a unicorn.'. Fact: Fun fact: Studebaker was one of the first automakers to use assembly line production. They were also incredibly skilled at producing the world's smallest 'please don't stop us' signs!.
- Headline: C-47 Grounding Due to Metal Fatigue. Impact: Grounding C-47s due to metal fatigue was just the beginning. This incident sparked a revolution in aircraft safety standards. Fast forward a few decades, and suddenly, all planes are inspected more thoroughly than your average TSA line passenger. Thanks, metal fatigue!. Fact: It's ironic, but the C-47 was nicknamed the 'Gooney Bird.' You'd think a bird would be more resilient, but I guess they didn't factor in metal fatigue!.
- Headline: Survey Notes Gain In Hiring Negroes For Civil Service. Impact: The increased hiring of Black individuals in civil service positions was a pivotal moment that rippled through time, influencing policies on diversity and inclusion. Who knew that simply acknowledging talent could one day lead to mandatory diversity training in corporate America?. Fact: Did you know that the term 'equal opportunity' was so revolutionary at the time that it practically caused a collective gasp in the offices of the 1960s? Truly groundbreaking stuff!.
- Headline: Wielder of a Red Pencil; Willis Dale Lawrence Aide to Stevens. Impact: Willis Dale Lawrenceβs role as an aide to Stevens may have seemed minor, but his meticulous note-taking and red pencil wielding could have inspired an entire generation of office workers to take their stationery more seriously. Watch out, world, the red pencil revolution is coming!. Fact: Red pencils were once the preferred method for marking errors because nothing says 'you messed up' quite like a bright red line, right? Talk about a confidence booster!.
- Headline: BRITISH SEE DELAY IN ROLE IN MARKET; Expect Entry Into European Bloc Only by Mid-1963 French Stand a Factor Confidence Regained. Impact: Britain's delayed entry into the European market paved the way for years of indecision and tea-drinking negotiations. Who knew that a mere delay could create a legacy of British politeness mixed with passive-aggressive comments about the weather?. Fact: Fun fact: The British have perfected the art of waiting. If waiting were an Olympic sport, they'd win gold every timeβtea in hand, of course..
- Headline: GOLD BERG ORDERS RAISE; Rules Office-Device Suppliers Must Pay $1.55 an Hour. Impact: Goldberg's ruling on wage increases might have sparked a wage revolution, but it also led to the birth of employees complaining about their pay. Fast forward to today, and everyone is still wondering why they didn't negotiate more aggressively!. Fact: Did you know that $1.55 an hour was considered a decent wage back then? Today, it barely buys you a cup of overpriced coffee. Progress, right?.
- Headline: CLERGY CAUTIONED ON REDS BY WALTER. Impact: Walter's cautioning clergy about the 'Reds' reflected the paranoia of the era, influencing a generation's fear of communism. This eventually led to a nationwide obsession with duck-and-cover drills and a deep-seated distrust of anyone who wore red.. Fact: It's ironic that some of the biggest fearmongers of communism were often found wearing red ties. They really didnβt see the irony there, did they?.
- Headline: Mortgage Market; An Appraisal of the Effects of Rise In Interest Ceiling on Time Deposits 40% Increased Rates MORTGAGE RATES: AN EXAMINATION. Impact: The discussions around mortgage rates and interest ceilings foreshadowed the housing crisis decades later. If only someone had suggested that raising interest rates might not be the best ideaβoh wait, they did, but no one listened!. Fact: Did you know that the concept of mortgages dates back to ancient Rome? They might have had better interest rates than what we deal with today!.
- Headline: PENTAGON SETS UP VIETNAM COMMAND UNDER A GENERAL; Move Designed to Prevent Red Take-Over--Tactical and Advisory Aid Split Advisory Group to Continue Political Purpose Served PENTAGON REVISES VIETNAM MISSION Tactical Missions Carried Out. Impact: The establishment of the Vietnam Command was a pivotal moment that solidified America's role in the Vietnam War. One can only imagine the future generations playing 'guess how we got into this mess' with their history books.. Fact: Fun fact: The U.S. military assistance in Vietnam was so extensive that it was practically a full-time jobβkind of like being a reality TV star, but with even more unintended consequences..
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1962, it would be worth $23,651,354 today (23651.4x return)
DIS
Disney
Disney - If you invested $1,000 in 1962, it would be worth $1,960,745 today (1960.7x return)