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Transcription: [00:03:11]
{SPEAKER name="Watson Davis"}
Well, you mentioned, Mr. Bailey, memory tubes. Can one go out and buy a memory tube, and use it personally? I'd be very much interested in that.

[00:03:22]
{SPEAKER name="Watson Davis"}
And will this memory tube connect a name with a face by any chance?

[00:03:26]
{SPEAKER name="George W. Bailey"}
No, Mr. Davis, it won't do that, but it will store information. It's rather technical. But it is a device that delays in receiving information, and then acts on it as in the case of computing.

[00:03:39]
{SPEAKER name="George W. Bailey"}
A great number of equations or questions can be fed into a machine, and the machine remembers them and answers them.

[00:03:46]
{SPEAKER name="Watson Davis"}
You've got to add memory tubes to wire-tapping and recording and that sort of thing. I suppose in the long run it'll do the human race good, rather than harm, however.
{SPEAKER name="George W. Bailey"}
Well, I think so.

[00:03:58]
{SPEAKER name="Watson Davis"}
You mentioned electron tubes. There are some new devices aren't there, that are even presumably more reliable than the electron tube?

[00:04:08]
{SPEAKER name="George W. Bailey"}
Well, I don't know they could be said to be more reliable, Mr. Davis, but there is a new device called the transistor, which is a very small device. It would rest comfortable on your thumbnail.

[00:04:20]
{SPEAKER name="George W. Bailey"}
And it seems that it might replace the vacuum tubes in a great many cases.

[00:04:24]
{SPEAKER name="George W. Bailey"}
Of course, up 'til now we've all thought that the vacuum tube was the champion of the world. Now, whether this is going to be a David that does away with a Goliath of vacuum tubes, no-one knows.

[00:04:37]
{SPEAKER name="George W. Bailey"}
But it certainly is going to be used in a great many places. Particularly small places.

[00:04:41]
{SPEAKER name="George W. Bailey"}
Take a wristwatch, it's possible even now to make a wristwatch, Mr. Davis, with very tiny batteries and a transistor that you can wear on your wrist and run by batteries.

[00:04:52]
{SPEAKER name="George W. Bailey"}
Some day, it may be that we'll have central stations which will emit power which will correct that watch every 15 minutes. Or every minute.

[00:05:00]
{SPEAKER name="Watson Davis"}
And we'd be dependent upon the central stations for time in the same way that our electric clocks are dependent on controlled, regulated frequency of the alternating current.

[00:05:15]
{SPEAKER name="Watson Davis"}
What about some of the other things that are going to happen? Oh, by the way, aren't these transistors made with a metal that most people have never heard of? Germanium?

[00:05:27]
{SPEAKER name="George W. Bailey"}
Yes, that's right. A metal called Germanium and they use a little piece in each one, about as big as the point of a pin.

[00:05:33]
{SPEAKER name="Watson Davis"}
How soon do you think you're gonna have these wristwatches available to the public?

[00:05:38]