Breakthroughs and everyday innovations from the year.
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The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON August 12, 1973
Full News Archive
- Headline: Klecatsky Dominates Orchard Beach Regatta. Impact: Klecatsky's elite singles victory sent shockwaves through the rowing community, leading to an unexpected boom in rowing-related merchandise. Little did they know, years later, this would spark a global obsession with rowing-themed coffee mugs.. Fact: Rowing: the only sport where you can look like a human paddle while getting a full-body workout. Who knew Klecatsky was a trendsetter?.
- Headline: Copper Producers Face Price Control Challenges. Impact: As copper prices soared, conspiracy theorists suggested that the rising costs were a plot by the secret Copper Illuminati to control the world’s currency. Spoiler alert: they were just trying to pay their bills.. Fact: Copper is often called 'the metal of the people'—mainly because it's the only thing left people can afford to fight over..
- Headline: WASHINGTON REPORT. Impact: The debate over tax burdens between two-income and one-income families ignited a nationwide discussion about fairness in taxation, which ultimately led to the creation of a popular board game: 'Taxation Without Representation—The Family Edition.'. Fact: Economists often debate tax systems, but most agree that it's just a way to turn the average citizen into a math problem..
- Headline: It All Began on The Steamship Mongolia. Impact: Dr. Shelton's exhibition sparked a renewed interest in Tibetan art and culture, inadvertently leading to a spike in overpriced, faux-Tibetan decor in hipster homes across America. Thanks a lot, Dr. Shelton.. Fact: Art collectors will pay a fortune for a piece labeled 'Tibetan,' but let’s be real: it's mostly just a fancy way to say 'I’m better than you.'.
- Headline: Drama Mailbag. Impact: The response to Carmines's play ignited a fierce debate in the theater world, leading to a new genre: 'Theatrical Feuds,' where playwrights publicly dissect each other's work while sipping overpriced lattes.. Fact: Drama mailbags are basically the original Twitter threads, just with more pretension and fewer cat memes..
- Headline: Nixon's Houses. Impact: Nixon's lavish spending on homes opened the floodgates for future presidents to think they could just throw money around like confetti. Fast forward, and now we have an entire political class that thinks a yacht counts as a campaign donation.. Fact: Nixon's expenditures were so extravagant that even the Secret Service considered requesting hazard pay..
- Headline: THE CHINA DOCTOR STILL PRACTICING. Impact: Dr. Miller's longevity and dedication to medicine became an inspiration for future generations, leading to the popular slogan: 'You can be old and still have a job; just look at this guy!'. Fact: At 94, Dr. Miller proved that age is just a number—especially when it comes to dodging retirement..
- Headline: Elephant Exports Resumed.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1973, it would be worth $185,625 today (185.6x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1973, it would be worth $200,926 today (200.9x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1973, it would be worth $2,433,689 today (2433.7x return)