Herbert Hoover actually said...

As a medium for the universal dissemination of ideas it is an important factor in the formation of sound public opinion and the promotion of...

It is, in fact, an art and utility of indispensable value in our national life.

Within a decade radio has become a major factor in our system of communication.

This not only makes for sound development within the industry, but enables it more intelligently and adequately to serve the public demand.