Word: wireless
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Dates: during 1920-1929
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...Press Wireless...
Last year, Federal Radio Commission, arbiter in all wireless controversies, thought it had solved a problem. Confronted by many a press demand for the few remaining short-wave-length radio channels not in use, the Commission allocated 20 transcontinental channels for the sole use of newspapers and press associations to transmit news. Under the American Publishers Committee, a number of public utility corporations were to be formed to handle wireless press matter. But the problem was not solved, the Commission soon discovered. Loud were the cries of newspapers and news services charging unequal allotment, curtailment of their radio press facilities...
Last week, carrying out this Commission order, Press Wireless Inc. was formed, approved by the Commission.! "Charter" members are: Chicago Daily News, Chicago Tribune,* San Francisco Chronicle, Los Angeles Times, Christian Science Monitor. President is the Tribune's Joseph Pierson, trustee for American Publishers Committee. Capitalization was set at $1,000,000, of which $116,000 was paid in. Stock may be purchased by subscribing news-purveyors, minimum $1,000, maximum $25,000. Stockholders are given rights to send news through the ten stations of the company soon to be erected...
...communications business, only the White Act keeps Radio Corp. from turning its entire message service over to International Telephone & Telegraph. In March, R. C. A. Communications, Inc. was tentatively sold to the Behn Brothers for 100 million dollars but the White Act, prohibiting cable and wireless mergers, must be amended or rescinded before I. T. & T. can take over...
...wireless operator at John Wanamaker's in 1912. When the Titanic sank, he stayed on the job for 72 hours getting the record of the disaster, the list of survivors. When Radio Corp. absorbed American Marconi, Mr. Sarnoff, the Commercial Manager, retained his position. He became General Manager in 1921, Vice President in 1922. Now he is a world figure. While his great and good friend, Owen D. Young, was formulating the famed Young Plan in Paris, he, conscientiously in the background, gave potent...