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THE MUSIC TRADE REVIEW.
in the adverse balance of trade must very
soon bring the Treasury to an extremely
bad condition of affairs. There is nothing
HE Washington correspondent of the in sight to help it. The income tax de-
Philadelphia Press, in connection with cision has destroyed the hope of any
recent advances by Sweden of its import aid in the way of revenue from the
duties on products, which include many of income tax. And the expected large in-
the United States' principal exports, says: come from sugar has also largely vanished.
"Not a single nation has yet in any wise The imports for March were on the average
responded to the opening of the markets with the corresponding month in other
of the United States to larger sales of for- years, and yet there was no improvement
eign goods by the lower duties of the Wil- in the condition of the Treasury, excepting
son tariff, unless an increase in the duties what was brought about by forcing a bal-
on American goods can be called a re- ance at the end of the month.
The avail-
sponse.
The Argentine Republic did able cash balance on the first of March was
lower the duties on three or four articles, $187,917,261, which had been reduced up
but it made some increase on others. But to last night to $185,391,991. And it
France, Belgium, Germany, Sweden and should be remembered that all of that
other countries have increased the duties, money is the proceeds of bond sales. At
and nearly every day some consular re- the same time, appropriations are 'held up.'
port comes in with the report of increased
"The great fall in the price of sugar
duties on American products.
makes the revenue from that source very
"The report of imports and exports is- much smaller than Secretary Carlisle an-
At the price of sugar now the
sued by the Treasury Department to-day ticipated.
show how this increase of duties abroad is same volume of importation as in the year
'opening foreign markets' to American 1893 would produce $24,000,000 of revenue
r
products, as was promised by the Demo- for the fiscal year as compared w ith Secre-
crats. The exports for March aggregated tary Carlisle's estimate of $60,000,000.
$64,875,007. For the corresponding month That is about as near correct as the Secre-
last year the aggregate was $70,607,500, tary has got with any of his estimates. It
showing a loss of $5,732,493 in exports for is entirely clear that the expectation of a
that one month under the Wilson bill as large increase in the revenue in the next
compared with the conditions that existed few months from sugar will not be realized'
a year ago. For the nine months of the and the increasing adverse balance of trade
fiscal year the exports were $86,567,160 makes matters all the worse."
less than for the corresponding period in
the last fiscal year. That is the way the M. Thibouville=Lamy's Opinion
Wilson bill is 'opening foreign markets.'
of American Pianos and
Our Costly Tariff.
T
the organ is used chiefly as an accompani-
ment to the singing of religious hymns and
by the country people. This is news, in-
deed.
M. Thibouville-Lamy then proceeds to
give his opinions of the other branches
of the musical instrument industry in this
country. It must be confessed they are
not startlingly original in any way.
His remarks about the American organ
versus the French harmonium, are certainly
interesting. Any one who has examined
the harmonium will be somewhat amazed
at his conclusions. If they were the excel-
lent instruments that this gentleman con-
sider them to be, they would find a larger
market in England, where the American
organ is simply acknowledged to be far
superior, both as to quality of tone and
variety of effects. It would be somewhat of
a surprise, however, were such a pro-
nounced Parisian as M. Thibouville-Lamy
to allow this opportunity to pass of bestow-
ing compliments on one of his home indus-
tries.
Quick Sellers.
THE MALCOLM
(
LOVE PIANOS AND WATERLOO
ORGANS.
I
N another part of this paper the Waterloo
Organ Co., of Waterloo, N. Y., call at-
tention to the products of their house which
are winning such a deserved popularity
throughout the country. The latest styles
of Malcolm Love pianos are exceedingly
attractive instruments, made in a variety
"The imports tell a still worse story.
Organs.
of woods, and contain many valuable im-
For the month of March there was an in-
provements
effecting the tone and durabil-
crease in imports over the same month a
THIBOUVILLE-LAMY, who visited
ity
of
the
instruments.
The case designs
year ago of $3,739,182, and for the nine
the World's Fair as a representative
#
months of the fiscal year the imports have of the Musical Instrument Manufacturers' are attractive and these pianos never
increased $54,655,433. Thus the Wilson Association, of Paris, has made a report to fail to make trade for the progressive
bill has opened our markets to foreigners that organization. From it we learn that dealer. The Waterloo Organ Co. exhibit
to the extent of $54,655,433, and has at the that gentleman is impressed with the mag- the same gratifying progress in their organ
same time closed foreign markets to our nitude of the piano and organ industry department, and new styles and new ideas
products to the extent of $86,567,166, mak- in the United States. He speaks favorably are the order of the day.
It is not surprising to learn that their
ing a total loss to the United States in its of the solid and resisting qualities of the
foreign trade of $141,222,609 in less than American pianos, the extensive use of iron spacious factory at Waterloo is kept con-
nine months. The excess of exports for resulting in an unusually powerful tone, also stantly on the go nowadays in order to fill
the month of March a year ago was $5,151,- of the excellent system of varnishing, but the orders which are coming their way.
875, while this year there is an excess of he remarks they lack the fineness of touch Aside from the musical value of the Water-
imports of $4,419,800. In February the and quality of tone which are so peculiar to loo Organ Co. 's wares, the trade have come
excess of imports was $3,086,531.
In the French pianos. Another criticism he to appreciate their reliability and careful
March this increased to $4,419,800, show- makes is that with some few exceptions all construction. It may be well to bear in
ing an increase in the excess of imports the cases he examined had a sameness of mind that the intelligent opinion of the
over exports of over $1,500,000 for March form and other characteristics so pro- trade anent the Malcolm Love pianos, was
affirmed by the Committee of Judges at the
as compared with February. This demon- nounced as to indicate a common source.
World's Fair, for that instrument received
strates what has been pointed out so often
Speaking of American organs, he says
a
strong award.
in these dispatches—that a steady increase that they are characterized by a soft, sweet
The pianos and organs manufactured by
in the adverse balance of trade, such as tone, but the quality is less varied than
the
Waterloo Organ Co. are quick sellers,
took place under the Walker tariff bill, that foimd in the French organs, or har-
and
dealers handle them with comparative
must be expected under the Wilson act. moniums as they call them. He proceeds
ease
in competition.
New concerns not
And, sooner or later, this must be met with to bestow quite some praise on the latter
not
acquainted
with
these
instruments
an exportation of gold, or else by the instrument, and says that the difference be-
should
look
them
up.
further sale abroad of bonds.
tween the two instruments—the American
"While there is this rapid increase in organ and the French harmonium—illus-
the adverse balance of trade, there is a trates the musical character of the two
STRICH & ZEIDLER are contemplating re-
In France, where the artistic
continuous increase in the deficit.
So far nations.
moving from their present factory quarters
this month it amounts to $8,885,484, and spirit is dominant, the organ or harmonium
about the first of July.
for the fiscal year to date it amounts to must, by its variety of effects, satisfy the
$45,427,637.
National finances could keen musical conception of the player and
L. & A. BABCOCK, piano dealers of Nor-
hardly be in a worse condition. A rapid act as a medium for developing his person- wich, N. Y., have made extensive additions
increase in the deficit and a rapid increase ality and temperament, while in America to their store.
J