Breakthroughs and everyday innovations from the year.
HEADLINES ON September 24, 1958
Full News Archive
- Headline: Folsom Moves to Stop Execution. Impact: This decision sent shockwaves through the justice system, leading to a nationwide re-evaluation of capital punishment. Decades later, people were still debating whether to keep the electric chair or just go for a cozy couch.. Fact: The only thing more controversial than capital punishment? People arguing over whether pineapple belongs on pizza..
- Headline: Staten Island Prosecutor Declares No Case. Impact: The prosecutor's decision not to pursue the case against the boy inadvertently inspired a generation of kids to take up hobbies in legal loophole exploration, leading to the rise of 'Kid Lawyers' on YouTube.. Fact: Prosecutors often say they have 'slim evidence,' but really, they just mean they need to hit the gym..
- Headline: BOEING 707 JET APPROVED BY U. S.; It Officially Certifies the Transport as Airworthy for Service to Europe. Impact: With the Boeing 707's approval, air travel became more accessible, leading to a global obsession with airline peanuts and the rise of in-flight yoga classes 50 years later.. Fact: The Boeing 707 was the original 'flying bus,' but it never got the credit, likely because it didn’t have Wi-Fi..
- Headline: FARMERS WARNED BY ROCKEFELLER; Republican Calls Harriman Subservient to Tammany -- Hits Albany on Trade. Impact: This political clash sowed the seeds for the 'Farmers vs. Politicians' rivalry, eventually leading to the establishment of the Farmers’ Union, which now holds annual bake sales instead of actual debates.. Fact: Rockefeller’s warning was just another Tuesday for politicians; it’s like telling a toddler not to eat the frosting before the cake..
- Headline: LITTLE ROCK ASKS RULING ON CLASSES; Panel Plans to Put Schools Under Private Corporation LITTLE ROCK ASKS RULING ON CLASSES. Impact: This request led to a series of educational reforms that changed the way schools operated, ultimately resulting in a reality where kids learned more from TikTok than from textbooks.. Fact: When it comes to education, putting schools under a private corporation is like putting a cat in charge of a mouse factory..
- Headline: DEMOCRATS PLAN UPSTATE CENSUS; House-by-House Vote Drive to Start This Week -- Data Promised by Harriman. Impact: Harriman’s promise to deliver data turned into a never-ending quest for accurate statistics, which eventually led to the introduction of census-related drinking games. Spoiler: they’re not as fun as they sound.. Fact: Planning a census is just like planning a family reunion – everyone shows up with different expectations and someone always forgets the potato salad..
- Headline: ALGERIAN REBELS LAUNCH BIG PUSH; Units Crossing From Tunisia Look to a 'Dienbienphu' ALGERIAN REBELS LAUNCH BIG PUSH. Impact: The rebels’ actions set in motion a series of events that not only changed Algeria but also inspired a whole genre of movies about freedom fighters who never quite seem to know what they’re fighting for.. Fact: Dienbienphu became a code word for ‘you really don’t want to be there,’ much like your aunt’s holiday dinner..
- Headline: PENTAGON STUDIES MISSILE CUTBACK; Budget Ceiling May Force Cancellation of Titan -B-58 Also Scrutinized PENTAGON STUDIES MISSILE CUTBACK. Impact: The Pentagon's deliberation over missile cutbacks led to an unexpected boom in the 'DIY Missile Construction' industry, which still remains unregulated and only mildly concerning.. Fact: Cutting a missile budget is a lot like cutting your own hair – it can lead to disastrous results and plenty of regret..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)