A tourist, driving by a Texas ranch, hit and killed a calf that was crossing the road. The driver went to the owner of the calf and explained what had happened. He then asked what the animal was worth.
"Oh, about $200 today," said the rancher. "But in six years, it would have been worth $900. So $900 is what I'm out."
The tourist sat down and wrote out a check and handed it to the farmer.
"Here, is the check for $900," he said. "It's postdated six years from now."
Fessenden wireless patentIn 1901, Prof. R. A. Fessenden applied for a U.S. patent for "Improvements in apparatus for the wireless transmission of electromagnetic wave, said improvements relating more especially to the transmission and reproduction of words or other audible signals." According to Important Events in Radiotelegraphy, a U.S. Dept of Commerce publication (1916), "It appears that in connection with this apparatus there was contemplated the use of an alternating current generator having a frequency of 50,000 per second." Prof. Fessenden was granted a number of United States patents between 1899 and 1905 covering devices used in connection with radiotelegraphy. |
