From 1953, here's a faux whipped cream given pastel color and flavor (and body) from Jell-O.

Jell-O Whipped Cream 
3 1/2 Tablespoons (half package) Jell-O, any color and flavor
1/2 cup hot water
1/2 cup chilled undiluted evaporated milk or 1 cup light cream

Dissolve Jell-O in hot water.  Chill until slightly thickened.
Add evaporated milk (or cream) and beat with rotary beater
until light and fluffy (about one minute).  Chill several
minutes to set slightly.  Before using, stir until smooth
and fluffy like whipped cream.  Use as a topping for Jell-O,
cakes, or puddings.  Makes 2 cups.

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