Herbert Hoover actually said...

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

"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 good citizenship."

"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."