It is characteristic of fundamental discoveries, of great achievements of the intellect, that they retain an undiminished power upon the imagination of the thinker. The memorable experiment of Faraday with a disc rotating between two poles of a magnet, which has borne such magnificent fruit, has long passed into every-day experience; yet there are certain features about this embryo of the present dynamos and motors which even today appear to us striking, and are worthy of the most careful study.