At the Third National Radio Conference, held in October 1924, the Radio Corporation of America's (RCA) vice president and general manager, David Sarnoff, announced that his company planned to embark on the construction of a 50,000 watt station for New York City. At this time 1,000 watts was the maximum permitted, so this brought up fears by smaller stations that a group of powerful stations would monopolize the airwaves. However, Powel Crosley fully endorsed the idea, stating: "Our idea of the solution to the static problem is increase in power. We talk today of 5,000 watts being superpower, when we all know that five years from now certain broadcasting stations will be using from 50 to 200 kilowatts. When that day comes, there will be no more static."