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THE MUSIC TRADE REVIEW.
unlimited coinage, how long could it last?
money would gain more, and the poorer
to the cutting of prices, and in that way
One man in each country, beginning with
element would be still poorer; that would
raise the standard of the cheap pianos.
one dollar's worth of gold, could bankrupt
be the logical result.
his Government.
0
Undoubtedly there are many individual
The new feature recently introduced in
cases of oppression; yet the fact remains
THE REVIEW,designated "Specialty Talks,"
enough silver to have two silver dollars
that nearly all of our wealthy Americans
is exciting widespread interest.
coined at the mint.
were at one time working men.
we present the salesmen's side in an inter-
For the gold in one dollar he could buy
He would exchange
these at the Treasury for two gold dollars,
sprung
thus doubling the original dollar.
from
that
They
healthy intermediate
This week
view with Mr. J. Burns Brown.
It was
class, and by sheer force of physical and in-
not our intention to confine the department
tinuing to thus double his money at every
tellectual strength climbed the ladder to
alone to manufacturers, but to extend it to
turn with amounts increasing in a geomet-
the top.
Con-
rical ratio he would soon figure out more
profits than there is cash in all the treasu-
ries and banks of America and Europe.
include every branch of the trade—manu-
While they have made money like princes
they have scattered it like princes.
It may be well enough from an anarchis-
If this can be done by one man making
tic standpoint to howl about the unequal
distribution of wealth, but our idea is that
change, it would avail nothing to change
as long as there is an unequal distribution
the ratio so as to permit a profit of only
of brains the inequalities of wealth will ex-
one per cent.
ist correspondingly.
one hundred men to each make one per
cent, and the result would be the same as
to the withdrawals of gold.
How long
this matter."
Let us agitate it.
silver bubble shall have burst.
begun to depreciate and while almost the
publics are not a failure.
& Haynes
W. F. Boothe, who was named by
piled especially for THE MUSIC TRADE RE-
o
Legal
complications
seem
output of silver to be able to keep up the
thickly about the Muehlfeld
parity.
affairs.
to gather
the defunct corporation as assignee, gave
Our country had to stop the increase of
bonds to the necessary amount for the per-
silver by repealing the Sherman law, or it
formance of his official duties, now refuses
would have broken down in the attempt to
to recognize Receiver Spellman, who was
keep up the parity.
lately appointed by Judge Beach, unless he
that
it had to
and his bondsmen are released
struggle, because the output of silver was
Lawyers' Surety Co.
already almost too large to be kept at par-
question now arises which will
ity.
some time to settle.
The silver question is the one dominant
by the
An interesting legal
require
©
It is of such
"If I advertise in your paper I will have
vital importance that all others are subor-
to advertise in every other one," is a state-
dinated to it, and there can be no financial
ment made by some. What a senseless argu-
question in America to-day
security or real prosperity as long as there
ment; and again, what a childish
exists a shadow of
ment for a publisher to make.
a doubt about this
Government's repudiating one-half of its
you advertise in so-and-so's
honest indebtedness.
should advertise in mine."
The free silver bait may catch the work-
state-
"Because
paper you
We say that an advertiser should not be
ing classes, because the political orator will
influenced
lead them on with the alluring bait that it
motives other than to place it in channels
means high wages and easy times.
which he believes will result in the great-
The immediate.result of the triumph of
in placing his advertising by
est pecuniary returns to him.
0
the free silverites would precipitate a panic
with all its dread sequel of prostrated busi-
ness.
The first cut that would be made would
We learn that there is a movement
under consideration in New York which
may ultimately result in an arrangement
be in wages, and history teaches us that
made between
wages are the first to be reduced, and they
pianos, by which they will pledge them-
are the last to be raised in any country.
selves not to sell instruments under a stipu-
In the scramble and the readjustment to
the depreciated currency the men who have
T
HE official figures of imports and ex-
ports of musical instruments for the
month of May—the latest period for which
they have been published—have been com-
whole continent of Europe was still on an
limitation came so late
No monetary loans to support newspaper
Let every
man, every journal exert influence to the
Even as it is, the
No trade-paper bulldozing.
campaign of education until the fallacious
end that reason shall prevail and that re-
although still nominally a bimetallic nation.
o
Let us
silver and gold, when silver had hardly
It suspended the coinage of silver,
interest to our readers,
Let us carry on the
ism," such keeping up of a parity between
It had to limit its
publish the opinions of men whose experi-
ence covers a wide range, therefore it is of
It is useless to say, "Don't let us agitate
stir it to the depth.
outright silver basis.
travelers,
mendicancy.
is ready to be Tillmanized.
or fifty million people should attempt this?
France, with the Latin union in exist-
salesmen,
It is our intention to
No advertising payments in advance.
We do not think that this country to-day
would any government hold out if thirty
ence, could not maintain such "bimetal-
dealers,
music publishers.
one hundred per cent, profit on each ex-
It would simply require
facturers,
lated price.
manufacturers
of cheap
In other words, it is the in-
tention of the manufacturers to put an end
VIEW, and appear herewith:
The dutiable imports of musical instru-
ments for the month amounted to $108,484,
as compared with $84,351 worth imported
in May, 1895. The eleven months total
footed up $1,210,549, as against $815,780
worth imported during the same period of
the previous year.
Seventy-four pianos were exported in
May, valued at $18,297, as compared with
sixty-four, valued at $16,781, exported in
May, '95. The total for the eleven months
shows exports of pianos to the number of
854, valued at $224,991, against 791,valued
at $214,280, exported during the same
period of the preceding year.
The number of organs exported in May
amounted to 755, valued at $47,834, against
701 exported in May, 1895, valued at $42,-
929. The eleven months total [footed up
12,256 organs exported, valued at $678,961,
against 8,878 organs, valued at $601,658,
exported during the same period of the
previous year.
All other musical instruments and parts
thereof exported during the month of May,
were valued at $15,581, against $24,984 in
May, 1895. The eleven months total
footed up $280,935 worth exported, as
against $222,734 worth the previous year.
The re-exports of musical instruments
amounted in May to $533; the same period
last year they were valued at $1,079. The
eleven months total re-exports footed up
$11,908, as compared with $8,582 worth re-
exported the year before.