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 May 18, 1974
Full News Archive
- Headline: Historic Heat Causes Transit Disruptions. Impact: This record-breaking heatwave caused the LIRR to buckle under pressure, leading to the invention of air conditioning. Without this, we'd all be sweating through our summer picnics and arguing about the best way to stay cool—like wearing ice cubes as jewelry.. Fact: The only thing more surprising than a 92° reading in May is the fact that people still think they can beat the heat by drinking hot tea..
- Headline: Unveiling the Sources Mob Mystery. Impact: This mysterious group of 'sources' is actually a time-traveling consortium of gossipers, ensuring that the most scandalous rumors throughout history have a consistent source. Yes, even the Renaissance had its share of juicy whispers.. Fact: If you ever wondered who this 'sources' mob is, just look in the mirror. You're probably one of them!.
- Headline: Jefferson's Private Life. Impact: The unveiling of Jefferson's letters brought a wave of historical intrigue that sparked the founding of numerous conspiracy theories about his relationships. It turns out that the Founding Fathers had more drama than a reality TV show.. Fact: Ellen Randolph Coolidge’s letters are still sparking debates on whether Jefferson was a genius or just really bad at keeping secrets..
- Headline: He's a Man of Many Talents And the Apple Figures Called on Most of Them. Impact: Robert Heitmann’s apple dolls inspired an entire industry of fruit-based art, leading to the unfortunate trend of people trying to carve pumpkins into everything, including their self-esteem.. Fact: Making dolls out of apples is quite the seasonal job—until someone realizes they’ve just created a salad..
- Headline: Illinois Prison Protest Ends. Impact: The peaceful end to this protest set a precedent for negotiation over violence in prisons, proving that sometimes you can get what you want without throwing a tantrum. Who knew?. Fact: This event highlighted a much-needed reminder: the pen (or peaceful negotiation) is mightier than the sword—or at least less messy..
- Headline: FULBRIGHT LEADS IN FUND. CAMPAIGN. Impact: Fulbright’s campaign leading to speculation about the banking industry gave birth to the phrase 'money makes the world go round'—a phrase that is still repeated with increasing sarcasm in modern finance.. Fact: Rumors about banking industry concerns are as common as bad coffee in a politician's office—everyone complains, but no one does anything about it..
- Headline: Firemen Say Uniforms Are Highly Flammable. Impact: The revelation about flammable uniforms led to a massive wardrobe overhaul for firefighters, prompting a trend in 'fire-resistant chic' that somehow never caught on outside the station.. Fact: Firefighters wearing flammable uniforms is like a chef wearing a chef's hat made of cheese—everyone’s in for a melt-down..
- Headline: Economy's Activity. Revised Downward. Impact: The revised economic data led to widespread panic among investors, ultimately resulting in the creation of 'panic rooms'—a trend that did wonders for interior design, if not for the economy.. Fact: Revising economic data downward is just a fancy way of saying, 'Surprise! We're all broke!'.
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)