Breakthroughs and everyday innovations from the year.
HEADLINES ON August 5, 1965
Full News Archive
- Headline: Fifth Avenue's Evolution: A Look Ahead. Impact: As Fifth Avenue transformed, so did the fashion choices of its shoppers. If it weren't for this, the entire concept of 'urban chic' might have been replaced by 'suburban sweatpants' as the norm. Thank you, Savoy Plaza, for saving us from a world of beige.. Fact: In an alternate timeline, Fifth Avenue became a giant parking lot for oversized SUVs. Thankfully, we dodged that bullet..
- Headline: Rental Companies Liable for Vehicle Defects. Impact: This ruling might have kickstarted a new era of cautious drivingβrental car companies learned to check brakes, which led to a sudden spike in 'road trip' Instagram posts. Who knew a faulty brake could be the catalyst for influencer culture?. Fact: Before this ruling, rental companies thought 'defective' meant 'slightly used.' Now they have a whole new definition of 'customer service.'.
- Headline: Cowan Takes Charge of National Library Week. Impact: Cowan's leadership in National Library Week sparked a global renaissance of literary appreciation, ultimately leading to the creation of the book club as a social phenomenon. Who knew reading could become a competitive sport?. Fact: The first book club was actually just a bunch of people pretending to read while sipping overpriced coffee. Nothing has really changed..
- Headline: New President Chosen At Wallace & Tiernan. Impact: C.H. Rybolt's election as president led to a corporate culture of endless PowerPoint presentations, altering the course of office life forever. We could have had a world where meetings were short and to the pointβthanks, Rybolt!. Fact: Wallace & Tiernan's board meetings were once so boring that they needed to install a coffee IV drip just to keep everyone awake..
- Headline: U. of Michigan Fills Post. Impact: With Dr. A.F. Smith at the helm of academic affairs, the university's curriculum underwent a major overhaul, inadvertently leading to the creation of the 'What Even is This Major?' degree program. Future students are forever grateful.. Fact: Prior to Smith's appointment, the academic affairs office was mostly known for its impressive collection of unused staplers..
- Headline: Udall Tells Envoys U.S. Plans to Share Gains in Desalting. Impact: Udall's announcement on desalting knowledge sharing may have inadvertently led to a future where water shortages are a thing of the pastβunless you count the ones caused by people hoarding bottled water during a storm.. Fact: Desalination plants are the only places on Earth where people argue over who has the best saltwater taffy recipe..
- Headline: First Lady in City to Shop. Impact: The First Lady's shopping spree inadvertently inspired a generation of 'let's emulate our leaders' fashion disasters, leading to the bizarre trend of wearing oversized hats and matching shoes that we still cringe at today.. Fact: Rumor has it that the First Lady's shopping list included a pair of 'I'm the First Lady' sunglasses, just in case anyone forgot..
- Headline: VanDyke in Sight-Saving Drive. Impact: As VanDyke led the sight-saving initiative, countless people discovered the joys of vision correction, leading to a spike in 'I can finally see!' memes decades later. Talk about a visual revolution!. Fact: The first sight-saving campaign was just a bunch of people yelling 'Look at that!' to blindfolded individuals. Efficacy was questionable..
- Headline: Tenants and Owner Of Luxury Building Settle Rent Dispute. Impact: This out-of-court settlement became the blueprint for future tenant-landlord negotiations, leading to a world where people now simply negotiate over avocado toast prices instead of rent. A true evolution in priorities.. Fact: The luxury building had a secret policy of charging tenants for 'emotional distress' caused by the sight of the owner wearing socks with sandals..
- Headline: Vietcong Hit U.S. Oil Base That Fuels Danang Planes; Vietcong Hit a U.S. Oil Depot That Fuels Planes at Danang. Impact: The attack on the oil base significantly shifted U.S. military strategy in Vietnam, leading to a series of events that would shape international relations for decades. The ripple effects continue to be felt in geopolitical discussions today.. Fact: The oil depot's security measures were so lacking that it was essentially a 'welcome mat' for the Vietcong, serving as a stark reminder of the war's chaotic nature..
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1965, it would be worth $312,614 today (312.6x return)
IBM
IBM
IBM - If you invested $1,000 in 1965, it would be worth $231,236 today (231.2x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1965, it would be worth $2,873,308 today (2873.3x return)