ABSTRACT
it is only natural that the operators of the present sound radio system have assumed that television will gravitate into their hands. After all, they argue, their money has financed the present development. In some degree they are right. Furthermore, they are the financial underwriters of most of the research which eventually must result in obsolescence of the very plant and structure which earns profits by means of which to endow research. This contention is less accurate. Corporation engineers appear to have contributed very little to the fundamental development of television. But of one thing there can be no doubt. Unless business men are permitted to swing the basis of financial development along with the change in technical means of operation, chaos must certainly ensue.
