I'm consistently amazed at how "high-tech" things from the past worked. Today, nobody would think about drawing off-peak power as a way to cast votes - wasted energy, environmental impact, easier to do it by internet/telephone, etc, would all be good reasons to not do that. But back then, some of those didn't exist (internet, automated telephone polling) and others weren't understood (environmental impact) or didn't have as big of an impact (wasted energy/cost) as they do now.
What we managed to come up with when the technology was so primitive is just amazing. And in a hundred years, future generates will say the same about what we currently think of as amazing.
I'd wager that most radio listeners these days listen on devices that don't draw from mains power (e.g. car radios), and so this wouldn't work at all, even if it was somehow a good idea otherwise to implement this system now (which it clearly is not).
The difference is that it 1) uses an analog coding scheme that allows data from multiple transmitters to be combined automatically and 2) it operates at an extremely low frequency which avoids interference, passes easily through transformers and the like, and can be received using cheap equipment.
I'm also reminded of side channel attacks on power consumption, whereby a computer basically transmits data using the same basic scheme as used here, but much faster, and not intentionally: http://en.wikipedia.org/wiki/Power_analysis
All in all this is a crazy scheme, but it's interesting to consider what it's similar to.
I find it more likely that technological progress ended around 1980 and what we are doing now is coasting on old ideas that weren't implemented in the 1960's because computing power wasn't ready yet. Once those run out, it's just going to be rehashes and efficiencies. Why is that? All this recent progress was driven by WWI, WWII and the cold war and space race. We haven't had another one of any of those, and we'd better all be hoping we don't have another one!
On the other hand, maybe technological progress will keep pace. But there's actually just no reason to assume that it absolutely will. Do not forget that the 20th century was actually a very unusual and unprecedented century for progress in a history where humanity has gone many many centuries without inventing ANYTHING new at all.
2. Give each like a specific t0 and a transmitting period for well-defined pulses.
3. Draw current.
4. Correlate.