To state that the wireless telegraph of to-day can produce no better results than is being accomplished practically, is erroneous in every sense of the word. Experimentally, wireless telegraphy is far in advance of the practical work.
The faith of investors in wireless has been greatly shaken by their bitter experience with worthless wireless stock, which they were induced to purchase through the gross misstatements of certain stock companies, and their continued efforts to unload this stock upon an innocent public.
This has, naturally, brought about a period of inactivity as regards the extension of wireless telegraphy, for loss of confidence will cause the suspension of even the oldest and most firmly established business of any character.- ↑ See article by Frank Fayant in Success Magazine, June, 1907.
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