Loudspeakers have we really made that much progress since the 1930s?


Since I have a slight grasp on the history or loudspeaker design. And what is possible with modern. I do wonder if we have really made that much progress. I have access to some of the most modern transducers and design equipment. I also have  large collection of vintage.  I tend to spend the most time listening to my 1930 Shearer horns. For they do most things a good bit better than even the most advanced loudspeakers available. And I am not the only one to think so I have had a good num of designers retailers etc give them a listen. Sure weak points of the past are audible. These designs were meant to cover frequency ranges at the time. So adding a tweeter moves them up to modern performance. To me the tweeter has shown the most advancement in transducers but not so much the rest. Sure things are smaller but they really do not sound close to the Shearer.  http://www.audioheritage.org/html/profiles/lmco/shearer.htm
128x128johnk
It seems that the primary objective during the area of classic vintage speakers was efficiency,   faithful reproduction of human voice and acoustic instruments. Current emphasis seems to be accommodating high power amplifiers and ultra level  detail and resolution. The resultant sound character  reflects the different philosophical approaches. 
Charles, 
In terms of performance vintage speakers have stood the test of time far more so than motorcycles. That analogy doesn't work for me. Much larger gap between old vs modern motorcycles. 😊
Charles, 
Thanks johnk for the link in your OP.  It led me to information I didn't know about the Hartsfield, probably the third super speaker system I encountered as a kid after the Electro Voice Patrician and Bozak Concert Grand in the early 50's.  Can anyone imagine using a Paragon as a center speaker flanked by a pair of Hartsfields as was the original intention?  There were a number of new "HiFi" shops in the area that a Venice canal rat like me could haunt -- in retrospect, I don't understand why they were always so accommodating.  My 90's-era KEF Reference 107/2s continue to amaze me.
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More sound out of smaller boxes. But only with more power. Also many new transducer technologies and innovations since then.  Probably also way more really good ones to choose from  with unique strengths and weaknesses. 

Are they better?     Not sure there is a ton of difference between the best then or now.   Lots of advance in the source devices and amplifiers feeding them though.