Business & Finance: Radio Row

Another week of the radio controversy has—in a few directions at least —begun to clear the air. The American Telephone and Telegraph Co., in Manhattan, declared that it has not attempted and does not desire a monopoly of broadcasting; that broadcasting should be regulated by the Federal Government; that the company will grant rights under its patents for reasonable compensation to licensed stations; that its suit against WHN (TIME, March 17) was brought solely to protect its patents from infringement. The company also offered to lease its patents during their life to any...

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