Breakthroughs and everyday innovations from the year.
HEADLINES ON April 5, 1972
Full News Archive
- Headline: Cerro Corporation Increases Copper Tube Prices. Impact: Cerro Corporation's price hike caused an unexpected surge in DIY plumbing enthusiasts who suddenly thought they could become their own contractors. This led to a spike in home improvement injuries, resulting in a nationwide campaign for safety goggles, which ironically, no one wore while attempting to fix their leaky faucets.. Fact: Copper tubing is also used in making pipes, and those pipes have been known to burst when subjected to DIY skills that are best left to professionals. Who knew?.
- Headline: Juilliard Acting Company at SPAC. Impact: The Juilliard Acting Company's performance in Saratoga sparked a hidden rivalry between performing arts venues. This rivalry eventually escalated into a secret competition where theaters secretly hired magicians to disappear their rivals' audiences. Spoiler: it didn't work.. Fact: Juilliard has produced more famous actors than most countries have produced presidents. If only acting skills could solve political debates!.
- Headline: Last Vestige of Republican Spain in Mexico. Impact: Feduchy's tenure at the embassy led to a series of covert refugee rescue operations that inspired every Hollywood blockbuster about espionage ever made. This, of course, resulted in a boom in spy-themed movies and a global obsession with dark sunglasses.. Fact: Spain's Republican government is about as recognized as a pop star who only releases one song and then disappears. But hey, at least they tried!.
- Headline: Moscow Refuses Swede a Visa To Give Award to Solzhenitsyn. Impact: The refusal to grant a visa to Gierow led to a long-standing tradition of Swedish diplomats sneaking into Moscow dressed as tourists, which paved the way for the modern spy novel genre. Thanks, Soviet bureaucracy!. Fact: Solzhenitsyn’s works are so profound that even refusing him a visa has become a form of literary endorsement in some circles. Talk about a plot twist!.
- Headline: Gen. Westmoreland Cancels Yale Talk As Melee Erupts. Impact: Westmoreland's canceled talk turned into a flashpoint for anti-war sentiment, leading to protests that were so effective they inspired a new genre of protest music. The world didn’t know it needed folk songs about war until then.. Fact: Demonstrations at Yale became so iconic that they started a trend of students protesting everything from tuition hikes to cafeteria food. Nothing like a little civil disobedience to spice up an academic year!.
- Headline: $1.6‐BILLION SOUGHT DUE TO DOLLAR CUT. Impact: Nixon's budget cuts triggered a chain reaction of economists arguing about dollars and cents, eventually leading to the invention of the 'penny jar' in every household for the sake of budgeting. Thanks, Nixon!. Fact: In fiscal terms, a billion is just a number until it’s someone’s budget cut. Then it becomes a heart-wrenching drama worthy of an Oscar!.
- Headline: NIXON DISPATCHING ADDITIONAL B‐52'S. Impact: Dispatching additional B-52s became a military strategy that inadvertently inspired a new wave of action figures for children. Who wouldn't want a toy that can bomb imaginary foes?. Fact: The B-52 is so iconic that it’s had more appearances in media than some A-list actors. Who knew bombers could be so glamorous?.
- Headline: Alert Reported by North. Impact: The alert in North Vietnam led to a series of misunderstandings that sparked the creation of the modern-day 'false alarm' alert systems. Consequently, people now panic over everything from fire alarms to toaster malfunctions.. Fact: Alerts in war zones can be traced back to the age-old question: 'Is it an emergency, or is someone just really excited about a sale?'.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1972, it would be worth $343,942 today (343.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1972, it would be worth $269,286 today (269.3x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1972, it would be worth $292,010 today (292.0x return)