"Last year I predicted that television would come within the next five years. The result of our work in the past six months has brought the goal some years nearer. Commercial television is just around the corner. It will be the next great industrial development."
So spoke President David Sarnoff of Radio Corp. of America to a stockholders' meeting last week.
Delbert Earle Replogle, vice president of Jenkins Television Corp., laughed at Mr. Sarnoff's statement. Said he: "Commercial television will be here in six or eight months." Televisionary Mr. Replogle had just come...
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