Uh Oh, I may be changing my vote here. I said capillary tube and now Ernie has me second guessing. The bummer is up till a year ago we had one in the pantry which we actually gave to a friend who wanted it as an antique. I remember the cam as Ernie describes but can't remember if it was bi-metallic or a capillary action.The last time I opened up one of these I found a bi-metallic strip that would open when the temperature was reached, and an excentric cam on the dial that set the temperature.
Zero electronics.