In September/October 1930, O.G. Hutchinson visited the USA in the hope of founding a vast company there - he was always longing for the big deal. As Margaret Baird has written: 'Hutchinson, carried a long way on the tide of success, had ideas which bordered on the extravagant, seeking to take John's place at meetings of the board and dreaming of financial deals that had more connection with a dream world than with the real world.' He visited the Radio Corporation of America (RCA) and had talks with Mr O. Schairer, the Patents Manager of RCA. The power and influence of RCA and its affiliated companies in the USA were well recognised by Baird Television Ltd. Its directors felt that if some proper arrangement could be made with RCA and its affiliated companies for the exploitation of the Baird patents, trademarks and improvements in the USA, with reciprocal rights in regard to new inventions and improvements, such an arrangement would be to the ultimate, and possibly immediate, benefit of both RCA and to Baird Television Ltd.
Financial difficulties, Page 1 of 2
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