Current Opinion Volume 72

Current Opinion Volume 72

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 edition. Excerpt: ...debt will have to stand on our books, a thoroly "frozen credit," till one or more Edge Act corporations get into action and thaw out this congealed mass of credits in the only possibly way it can be done--by distributing the obligation to our American investors in a really long-term form of security. Since it is inconceivable that Europe will for a great many years be able to pay for the American goods she buys by a return of goods and thus equalize the trade balance in a truly legitimate way; and since the proposed new high tariff, with its American valuation plan, will, if it ever becomes a law, still further accentuate the difficulty of a return of goods for goods, then the only remedy seems to be in properly functioning Edge Act corporations which will distribute the obligation until Europe recovers. WHAT THE RADIO TELEPHONE MEANS TO FARMERS AND BUSINESS MEN AMATEUR radio telephony is easily the most popular application of the radio telephone up to the present time, and its growing importance is emphasized by the action of the Department of Agriculture in planning to use it in place of the present radio telegraph broadcast system which covers about half the country. This system itself was inaugurated only last spring from air mail radio stations at Washington, Cincinnati, St. Louis, Omaha, North Platte, Neb., Rock Springs, WyOt, and Elko and Reno, Nev., each of them having a radius of 300 miles. Radio telephony itself, the layman is reminded, is simply a telephonic system in which the action of a transmitter causes fluctuations in electric waves radiated through space by a high-frequency current, these fluctuations in turn affecting the receiver at the distant station in such a manner as to reproduce the original sounds. It...
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Product details

  • Paperback
  • 189 x 246 x 24mm | 812g
  • United States
  • English
  • black & white illustrations
  • 1236954181
  • 9781236954183