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 April 2, 1974
Full News Archive
- Headline: NJ Assembly Passes Landmark Credit Bill. Impact: This bill's passage led to a ripple effect of women becoming financially independent, which eventually resulted in the rise of female CEOs and the eternal struggle of men to find a way to complain about it without sounding like cavemen.. Fact: Did you know that before this bill, women were often denied credit just because, you know, they might go shopping? Shocking, right?.
- Headline: Judge Approves C.I.A. Book Publication. Impact: By allowing some secrets to slip through the cracks, this ruling set the stage for future authors to publish tell-all books, resulting in countless late-night talk show scandals and the birth of conspiracy theorists everywhere. Who needs the truth when you can have drama?. Fact: Fun fact: The CIA's track record on transparency is about as good as a magician's 'disappearing' act. Spoiler alert: it's all smoke and mirrors!.
- Headline: Western Union Proposes Telex Rate Hike. Impact: This move caused a minor panic in the communication world, leading to an unexpected boom in carrier pigeons and smoke signals, as people desperately searched for cheaper ways to send their messages.. Fact: Did you know that Western Union's telex service was the precursor to texting? So, if you think your late-night 'u up?' messages are groundbreaking, think again!.
- Headline: Nixon Tax Study Finished By Congress Inquiry Staff. Impact: This investigation opened the floodgates for future political scandals, leading to a series of tax evasion exposes that made every politician’s accountant wonder if they should switch careers.. Fact: Did you know that Nixon’s tax returns were so controversial that they could have been a soap opera? Tune in next week for 'Days of Our Taxes'!.
- Headline: BASF Wyandotte Expands. Impact: BASF's expansion sparked an unexpected surge in the butanediol market, leading to a global obsession with synthetic fibers and a whole new generation of fashion faux pas.. Fact: Did you know butanediol is used in everything from industrial solvents to your favorite stretchy pants? Talk about a multitasker!.
- Headline: S.E.C. Official Cites Pressures To Avoid Embarrassing Nixon. Impact: This admission revealed the lengths to which officials would go to protect their political leaders, setting a precedent for future cover-ups that would make even the best spy novels look like children's bedtime stories.. Fact: Fun fact: The SEC's job is to protect investors, but it seems they were more concerned about protecting Nixon's image. Priorities, right?.
- Headline: BOYLE IS ACCUSED OF COVER EFFORT. Impact: This trial revealed the dark underbelly of union politics, leading to a shift in public perception about labor leaders and an increase in the number of Netflix documentaries focused on corruption.. Fact: In a twist worthy of a crime thriller, union leaders have been known to get into some 'interesting' situations. Just wait for the movie adaptation!.
- Headline: Britain Presses Market; Warns of Vote on Quitting. Impact: This warning about quitting the EEC set off a domino effect that would eventually lead to the infamous Brexit, proving once and for all that sometimes, saying 'I want out' can lead to chaos and a whole lot of tea-drinking.. Fact: Did you know that the British love to debate leaving things? Whether it's the EEC or a party early, they certainly know how to make an exit!.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1974, it would be worth $222,233 today (222.2x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1974, it would be worth $2,553,677 today (2553.7x return)
BA
Boeing
Boeing - If you invested $1,000 in 1974, it would be worth $1,592,290 today (1592.3x return)