Music Trade Review

Issue: 1896 Vol. 23 N. 2

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW.
EDWARD LYMAN BILL *£§--
Editor and Proprietor.
PUBLISHED
EVERY
SATURDAY
3 East 14th St.. New York
SUBSCRIPTION (including postage) United States and
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
Insertion. On quarterly or yearly contracts c special dia-
count is allowed.
REMITTANCES, In other than currency form, should
bo made payable to Edward Lyman Bill.
Bnteredttt the New York Post Office as Second-Clan Matter.
NEW YORK, AUGUST 1, 1896
TELEPHONE NUMBER 1745. — EIGHTEENTH STREET.
"THE BUSINESS MAN'S PAPER."
"?., . For the
€"" ".

HERE are no new developments in the
affairs of the Hallet & Davis corpora-
tions beyond the statement that the corpor-
ations' schedules are completed and it is
probable that a meeting of the bank credi-
tors will be held early next week, at which
time the affairs of the assigned corpora-
tions will be gone over thoroughly, and
with the end in view of arriving at some
definite action in regard to the future of the
Hallet & Davis interests. The statement
published to the effect that an extension of
four years will be asked in which to make
the several payments in full is, as far as we
are able to ascertain, utterly unfounded, and
we question if such a rumor has existed
outside the precincts of a newspaper office.
As we understand, as far as the matter of
the time of payment has been discussed in
a possible proposition to be made the cred-
itors, the matter in its incipient stage has
not reached beyond a two years' extension,
in which period to make payments in full.
However much may be said about this
matter, no definite statement can be made
T
until after the meeting, when the matter
shall have been fully discussed and acted
upon by the creditors.
One thing is certain, if the banks had
manifested the same desire to lend their
assistance to the Boston corporation pre-
vious to its assignment that they have sub-
sequently, there would have been no
necessity for an assignment.
If the officers of banks would take a closer
view of the internal affairs of the piano
trade they would become convinced that
the legitimate manufacturers should in
every way be encouraged in their enter-
prises, and that the matter of contraction
of discounts is detrimental to the interests
of the banks themselves, as it means the
partial annihilation of manufacturers.
Of course indiscriminate credit should not
be given, but it is almost suicidal for bus-
iness interests to snap a firm up at a round
turn on a loan when it is most needed.
Banking institutions, as a rule, are the
most cold blooded, selfish corporations in
our land. They are organized for the pur-
pose of making money and a bank of dis-
count fattens on the manufacturer. Too
often, however, they turn about and choke
the very life out of trade by the selfish and
cowardly attitude of their officials. They
shut down on credits and make demands
upon customers at the very time when
help is most needed. They stagnate trade
and metaphorically kill the goose that is
laying golden eggs for them. Again, when
they give discounts, with many of them it
seems customary to impress upon the man
whose paper passes, that they are confer-
ring upon him a special favor. They forget
that that man has brought grist to their
mill, and that their toll is taken out with
unvarying regularity.
Take piano trade paper; of course it
should be sifted carefully, but what mer-
chandise is there in this world that main-
tains its first value in such an astonishing
proportion as pianos? Take the clothing,
furniture, jewelry, grocery trades, and
scores of others, and the value of the article
sold goes at once down with a slump—and
in a short period of time it becomes practi-
cally valueless.
Is it so with pianos?
We maintain that there is not an
industry in this land which produces
manufactures whose values approximate
permanency as nearly as the product
of this music trade. Banks have made
money, some have grown wealthy, out of
their dealings with the members of the
music trade, and in such times as these
their officials should be actuated—not
by the spirit of generosity, the trade does
not ask that—but at least fairness and that
combined with even a moderate knowledge
of the requirements of this trade—its envir-
onments, and the almost imperishable na-
ture of its product—is all that is needed.
That, however, is essential. Money is
the merchandise of banks, and let us look
at matters in purely a commercial sense.
What merchant or manufacturer pounces
upon one of his customers whom he con-
siders honest, just at a critical moment in
his career, when he most needs assistance?
In the first place unless he had confi-
dence in the man he never should have ex-
tended credit to him—confidence is the
basis of credit.
In the second place, when confidence
gives birth to credit, he lends what as-
sistance he can in a business way to help
his customer over a slough.
In helping him he only augments his
own interests, as far as they are embodied
in that man's success.
Bank officials should absorb at least a
modicum of business principles from the
men with whom they deal.
#
#
In another part of this paper will be
found an illustration and description of the
patent recently granted to George B. Kelly
and assigned by him to the Mason & Ham-
lin Co. of Boston. It is evident from a
reading that this device was conceived for
the purpose of remedying defects in their
system of stringing, hence it will be found
of interest.
#
#
Seymour H. Rosenberg, manager of the
New York house of the B. Shoninger Co.,
gives us a "Specialty Talk" this week.
Mr. Rosenberg gives some most interesting
responses to our queries, showing that he
is not only a deep student of the trend of
trade matters but that he is amply quali-
fied to give expression to his views in a
clear, forceful and intelligent manner.
Mr. Rosenberg is a talented young mem-
ber of the trade, from whom we shall hear
much in years to come.
#
#
A local contemporary asks, " Can Weber
be revived?" We would say in this con-
nection that Mr. Weber seems to have been
revived—revived to such an extent that he
forms a complete barrier to certain plans
under consideration. At this stage of the
game it is not the revivification of Weber
that is most needed—rather than that we
are inclined to think there are those who
would not pine away should Mr. Weber re-
tire to a desuetude which should be innoc-
uous.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW.
Muddled Medals.
A JUMBLE FROM START TO FINISH
FOREIGN
MAKERS CRITICISE THE DATES.
I
T was to be expected from the time elaps-
ing- between the close of the World's
Fair and the delivery of the medals that
when delivered they would be perfect from
every standpoint.
But are they?
We question in all the history of world's
fairs, ancient and modern, if there has
been exhibited such an open display of
indifference as has been apparent to all con-
cerned in the design, finish and delivery of
these medals. We recollect the first design
submitted by that eminent sculptor Augus"
tus St. Gaudens was objected to by many on
account of the brevity of wearing apparel
adorning the figures of the little bronze
cherubs. After considerable discussion and
much prudish criticism winter clothing was
added to the naked forms of the youngsters
who seemed to be disporting themselves in
childish glee utterly unconscious of the
terrible wrath they were provoking from
the non-admirers of the nude in art. After
their graceful limbs were swathed in cum-
brous folds which effectually screened the
objectionable nudity, the little fellows
looked tired and wan; they looked more
like miniature patrons of a Turkish bath
than objects of art. The heavy woolens
did not become them. They were children
of a warmer clime, hence heavy clothing
was distasteful to them, and their spirits
drooped under its weight.
Finally the design was abandoned and
the cunning little fellows were consigned
to oblivion, likewise to the chilling vaults
of the Capitol, where it is to be hoped their
extra clothing was needed.
Another design:
The front of the medal had passed crit-
icism and Columbus bearing upon his
bronze features a look of ineffable pain
and misery as he stood on the prow of his
rowboat, while the two brigands behind
him, armed with stillettos, looked as if they
were about to prod him unless he moved
off the boat, was accepted as being quite
the thing.
Our own. idea is that the mighty Christo-
pher looks disgusted as they havs pictured
him in bronze.
He looks as if he was
heartily sick of his job and wished him-
self back in Genoa, and that he had never
proposed such a thing to Isabella as to
pawn the engagement ring- given her by
Ferdinand to send him on such a jour-
ney. However, let that go and turn to the
reverse side of the medal, a couple of re-
markable looking angels, with fleshy bodies,
are perched over the lettering. They seem
and look about as uncomfortable as if they
were resting on a picket fence. One has
something- in her hand which greatly re-
sembles a fine tooth comb. She is evidently
deaf, because her companion is talking to
her through an ear trumpet and her heavy
features look weary as if it was an all-fired
hard task to make her hear. The position
of both is evidently uncomfortable, because
they are trying to edge under the globe
which balances easily on the narrow line.
They wear a look that causes one to think
they would be mighty pleased if some one
would take them down and invite them out
for some cream.
sirous of taking a hand in the proceedings.
Columbus, who has obtained a holiday,
has borrowed a Norseman's boat—or maybe
has taken it without leave—is out canoeing
with the Norseman's wife, a Jap, a coon, a
Greek and a girl in exceedingly d£collet£
costume.
Columbus is not satisfied, and
he has the girls paddle down to where
Columbia sits He knows that an American
girl is hard to get, the discoverer of worlds
knows this, and has brought along a wreath.
His actions now reflect upon Spanish gal-
lantry. Instead of climbing upon the prow
of the canoe, he himself stands at the tiller
while he tells the girl in de'collete' costume
to clamber up and hand that wreath to
Columbia and just say to her that he, Chris-
topher, wishes to have her join them in a trip
down the Bay. Plainly the girl objects;
she, as well as Christopher, has noticed that
it is not an easy task to do, besides she
thinks that Christopher should do his own
So much for art.
But, great Scott ! the committee who
had this matter under advisement surely
knew that Columbus did not discover this
continent in 1892. They must have mis-
taken his descendant, the Duke de Veragua
for the one and only Christopher.
Do not the Roman numerals MDCCCXCII
mean 1892? and to be taken literally that
the discovery of America occurred in 1892?
Foreign papers have already taken this
arrangement seriously. They have forgot-
ten that the fair was held in 1893 but they
have not forgotten that it was to commem-
orate the four hundredth anniversary of
Columbus' landing.
Christopher, slightly
Suppose the committee claim that 1892 inviting in person.
enraged,
raises
the
globe
which he always
means the four hundredth anniversary,
carries
and
threatens
to
throw
it at her unless
while 1893 means the year the fair was
she
obeys.
This
brings
her
to
terms, besides
really held.
Christopher
has
added
that
he'll put her
But is it not execrable taste to place them
ashore
if
she
doesn't
climb.
She
climbs, and
in such a way that many have the idea that
we
see
her
in
the
picture
poising
gracefully
a blunder was committed?
upon
her
great
toe
as
she
offers
Columbia
The fair was held in 1893 and why place
the figures 1892 just preceding that date? the laurel crown. Laurel crown, did we
The date of Columbus' landing- was already say? Maybe it was in viewing this diploma
Bryan caught his "crown of thorns " idea.
upon the face of the medal.
If the medal in design reflect iipon Anyway Christopher should have known
better than to have that girl poised in such
American art what about the diploma?
At the first blush it looks well, but let us an uncomfortable position.
Even Loie Fuller couldn't do that.
examine it critically. The upper part, rep-
Meanwhile the diploma is heralded as a
resenting an arch through which we get
a view of the "White City," is well con- masterpiece of American art.
Masterpiece of Tommyrot!
ceived and executed, the tracing, the relief
We have seen in diplomas issued by
figures in the upper corner are excellent.
Columbia as she rests upon the buffalo is county fairs artistic taste of an infinitely
a figure of graceful outlines; she is watch- superior quality to these much vaunted
ing a trio of boys who surely are not World's Fair diplomas and medals.
blessed with a plethora of clothing; how-
ever, we suppose it is summer time. The
MYRON A. DECKER, of Decker & Sons, is
little ones represent three races : Cauca- rusticating in Maine. He will not return
sian, Indian and Negro. They seem to be before September.
playing marbles, but a closer inspection
HENRY SPIES, president of the Spies Pi-
causes one to think that the white boy is
ano Co., has been visiting the trade in the
learning a lesson in history, and it doesn't
New England States this week. Consid-
suit him a bit, either.
He has his little
ering the dull period, the Spies concern
hammer—not hatchet—and he proposes to
demolish that book unless Columbia shows report a business which is decidedly above
compassion on him; perhaps the part to the average, hence satisfactory.
which he objects the strongest is where
THK exports of musical instruments from
Columbus discovered America in 1892. the port of New York for the week ending
The Indian boy has proposed to play bow July 22d, amounted in value to$6,055.
and arrow. Columbia strives to extinguish
GEO. A. HEINTZMAN, of Heintzman &
the incipient mutiny and raises her hand Co., Toronto, Can., is the'guest of Adam
in protest. There are others who are de- Nickel, at the seashore.

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