The Onion Futures Act is a piece of legislation in the United States that prohibits the trading of onion futures contracts. In 1955, a pair of traders acquired a substantial amount of onions and futures contracts, ultimately gaining control over 98% of the onions in Chicago. To compel growers to buy their inventory, these traders…
The initial U.S. coin to officially circulate, known as the Fugio Cent, featured the phrase “Mind Your Business” rather than “In God We Trust.” Benjamin Franklin is thought to have designed the coin, according to some sources. As a prominent and accomplished entrepreneur, historians theorize that Franklin used the term “business” in its literal sense….
Originating in the United States, Salisbury Steak was created to cater to the preferences of European immigrants and was named in honor of Dr. James Salisbury, an advocate of a meat-centric diet for improved health. Since 1897, the term “Salisbury Steak” has been associated with a main course featuring a ground beef patty. James Salisbury,…
In the beginning of the 1930s, Cadillac had a policy that prohibited the sale of cars to African Americans. However, in 1933, Nicholas Dreystadt, a mid-level manager at General Motors, boldly interrupted a GM executive committee meeting and persuaded them to abandon this policy, advocating for marketing efforts targeting the African American community. As a…
Bicycles emerged as a key factor in the early women’s liberation movement, providing women with the opportunity to break free from their reliance on men for transportation. This sense of autonomy also played a part in the gradual shift away from corsets and long skirts during the early 20th century.
Puyi, the last emperor of China, had lived a life of luxury where he never had to perform basic tasks such as brushing his teeth or tying his shoelaces. At the age of 44, after being placed in a communist reeducation prison program in 1950, he finally faced these mundane chores for the first time….
1. From Patuxet Village to Plymouth Colony: Before the Mayflower docked on the shores of Massachusetts, a flourishing Patuxet village stood proudly on the coast. Tragically, a devastating epidemic wiped out a staggering 90% of the native population. When the pilgrims arrived, they transformed the deserted settlement into what would become the renowned Plymouth Colony….
Delve into the mysterious world of ‘The Shining,’ one of the most iconic horror films of all time, with these five fascinating behind-the-scenes facts. 1. The iconic “Here’s Johnny” line from The Shining actually originated from The Johnny Carson Show. When Jack Nicholson spontaneously delivered the line during filming, director Stanley Kubrick almost chose another…
Bob Norris, the very first Marlboro Man, had a chance encounter with fame when he was spotted in a photo alongside the famous John Wayne. Serving as the face of the Marlboro Man for 12 years, it’s surprising to note that Bob never actually smoked a single cigarette. As a responsible parent, he consistently advised…
In the 1980s, the US government found itself with a massive surplus of cheese due to volatile milk production and federal support for the dairy industry. With over 500 million pounds of processed American cheese stored in warehouses across 35 states, the government struggled to find a use for it. When the public discovered the…