Music Trade Review

Issue: 1897 Vol. 25 N. 22

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
That question may be answered emphati- the influence of trusts or of concentrated
cally in the affirmative, because if there money power.
were no opposition, it would be an easy
OPPORTUNITY FOR THE •• ANT1S."
march; but let us step hastily through the
It is only fair to say that there is no in-
corridors of time and see what conditions dustry in which the anti-trust element has
might be wrought by the formation of a such a magnificent opportunity to work as
EDWARD LYMAN BILL
piano trust. It will be necessary to take a in the piano trade, because a piano is not
Editor and Proprietor
few names at random, and in this case it is purchased instantaneously; it possesses
PUBLISHED EVERY SATURDAY
understood they are purely suppositions.
individuality; it is not sold by the yard or
3 East 14th St., New York
Suppose a combination or trust should pound; there is always time devoted to
be formed including,we will say, Chicker- listening to the various arguments which
SUBSCRIPTION (including postage, United States and
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEnENTS, $2.00 per inch, single column, per ing & Sons, the New England Piano Co.,
different dealers present. Hence the anti-
insertion. On quarterly or yearly contracts a special dis-
count is allowed.
W. W. Kimball Co., Chicago Cottage Or- trust man is afforded superb opportunities
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
gan Co., Smith & Barnes, and a few others in which to carry on his campaign.
Entered at the New York Post Office as Second- Class Matter.
which should gather in, we will say for What a fertile field is afforded in which
NEW YORK, NOVEMBER 27, 1897.
the sake of argument, sixty per cent, of to work upon the sentiments of the com-
the producing power of the piano trade. mon people against supporting a trust by
TELEPHONE NUMBER, 1745—EIGHTEENTH STREET
Now what would the remaining forty per purchasing its products? Then, again,
THE KEYNOTE.
The first week of each month, The Review will
cent, do in the case? Would they sit there are many who believe that a trust in
contain a supplement embodying the literary
and musical features which hav€ heretofore
quietly down and succumb to the combined the piano trade will end as disastrously,
appeared in The Keynote. This amalgamation
will be effected without in any way trespassing opposition, or would they devote their even-if it were formed, as has been the
on our regular news service. The Review will
energies to the up-building of their own case in many other lines.
continue to remain, as before, essentially a
trade paper.
industries? They would naturally work,
TRUSTS HAVE GONE TO PIECES.
THE TRADE DIRECTORY.
and work on such lines as to win a tre-
The Trade Directory, which is a feature of
According to statistical authority, fifty
mendous trade which the trust could not
The Review each month, is complete. In it
per cent, of the trusts which have been
appear the names and addresses of all firms reach.
engaged in the manufacture of musical in-
formed
have gone to pieces. By this we do
struments and the allied trades.
The Rview
Pianos are not bought in the same man-
is sent to the United States Consulates through-
not mean to be understood as saying that
the world, and is on file in the reading rooms ner as sugar, oil and soap. Orders are not
of the principal hotels in America.
they have failed utterly, but fifty per cent,
placed in the morning at the store to send
have failed on their first organization, and
SUPPOSE THE TRUST COMES.
a piano around in time for a meal,as is the
it has been necessary to reorganize them,
case with groceries, but they are usually
Trust or Anti ?
the first investors invariably being the
That has been the chief topic of conver- purchased after considerable investigation,
losers, the remnants being absorbed by the
sation in trade circles during the week. research and consideration by all members
great manipulators.
It will be a large juicy subject upon which of the household. Think for one moment
In other words, it is the old story over
what tremendous arguments could be
to dwell for some time to come.
and over again, the absorption of the lesser
Some of the trade papers show no incli- brought to influence every member of the
powers by the larger. That may come in
nation to enter into a fair consideration of household against the purchase of a trust
a natural way in the course of time, but
this important matter.
Is this silence made piano?
men who are influenced by glittering allure-
caused through fear or lack of editorial
ANTAGONISM TO TRUSTS.
ments oftentimes lay down their arms
ability ?
There is away down in the hearts of the before they are compelled to, which they
Whether the piano trust ever reaches the
common people a feeling of antagonism to are never again able to regain, and their
experimental stage or not it is certain that
trusts. It cannot be successfully disputed power of resistance is gone forever.
already there is generated a large anti-
but that this feeling is steadily growing,
We do not say that a piano trust would
trust feeling. We find too that some of the
and even some of the most profound go to pieces, but it is only right to state
men who have previously expressed them-
thinkers of modern times consider that the that there would be tremendous obstacles
selves as rather favorable to the organiza-
influence of trusts will only be broken by in the way before attaining success for the
tion, but who have not yet gone so far as
a revolution which shall dethrone money original stockholders.
to sign the provisional contract, are at the
as king.
It is said that the proposed trust will
present time of the belief that it is not an
Every
generation
of
the
world's
history
have a stock valuation of $50,000,000.
assured fact, and that a majority of the
has
been
confronted
by
important
prob-
This on a property valuation estimated at
trade are not in favor of it. Others, too,
lems,
the
solution
of
which
has
oftentimes
from $30,000,000 to $40,000,000. If only
refuse to have their name associated in the
been
found
alone
in
sanguinary
tides.
about fifty or sixty per cent, of the trade
slightest way whatsoever with the trust
There
is
no
question
but
that
our
time
has
enter into the combination, it would be
scheme and do not even hesitate to de-
a
vast
problem,
and
there
are
those
who
rather
a delicate question of financiering
nounce it.
believe that needless burdens are heaped to pay fair dividends on that amount of
As it is to-day a leading question it is
upon the mass of the people by the con- stock.
only fair to discuss it, reviewing the bene-
WOULD THE INDIVIDUALITY PREVENT?'
centrated power of wealth, backed by
fits and disadvantages which might be
There is about the piano a certain indi-
privileged legislation.
reached by the trust form of amalgama-
viduality
which would, some allege, pro-
We have not the time or space or in-
tion.
clination to enter into the discussion of hibit its successful marketing by a trust.
CAN A TRUST SUCCEED ?
Can pianos be manufactured and mar- this social and economic problem at length, Again, the anti-trust element would not
but it is only necessary to emphasize the be slow to make the statement that no
keted by a trust?
fact that there is a deep feeling against matter whether a customer purchased one
Most assuredly.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
of the highest or lowest grade instruments
it was practically the same piano, with a
change of the name, as it is made by one
syndicate.
Of course, we all know that there would
be different grades of pianos made, possi-
bly the entire combination might make
four different grades of instruments, but
the very fact that different grades were
made would not lessen the argument in
the hands of a skillful salesman, that all
were made practically by the same work-
men, using the same materials and with
only a slight change of name.
It was difficult for a well-known concern
to overcomethis impression, and it would be
difficult for a trust to eliminate it.
It is claimed that one of the arguments
in favor of the trust is that there would be
a tremendous saving in manufacturing and
marketing of pianos.
CONCENTRATION OF HANUFACTURINQ.
Unquestionably that is true, as the ten-
dency of the combination, when once in
operation, would be to concentrate the en-
tire industry in a few factories manufac-
turing and selling under conditions which
would necessarily mean the reduction of
high-salaried labor. There would be nec-
essarily a cutting down of the traveling
salesmen, as a few men could perform the
entire task where it now takes hundreds.
This alone would mean a vast saving in
traveling expenses and salaries.
Again the floor salesman would neces-
sarily be tremendously reduced in num-
bers and in salaries, according to the
wishes of the syndicate; and instead of
paying two hundred superintendents the
number would be materially reduced, in
fact in all the high-salaried positions there
would be a great reduction made.
This is to our minds the strongest argu-
ment which could be made in favor of
trusts, from the money standpoint. If
this trust element is to obtain in all indus-
tries it means the gradual removal of all
the smaller men fFom every industrial
field, and it is upon the small men, the
healthy independent manufacturer and
dealer,that the future of the republic rests.
It is, after all, the man of moderate means
who is the backbone of the purchasing ele-
ment of this country, and one thing has
been clearly demonstrated, that trusts do
not raise salaries.
So much from the economic standpoint.
7
piano trade, for in no other field can the begets a love for power, and oftentimes
"antis" have a better opportunity to win men lose all of their finer instincts in their
than in the piano trade.
wild scramble for gold.
Suppose, purely for illustration, that
Men who are to-day running small fac-
Chickering & Sons, the oldest manufac- tories—making a fair income and preserv-
turers in America,should join the combina- ing their individuality as men, as factors
tion, would not then their instruments be in their community in business and social
classed by their competitors in the same circles, should understand one thing—that
rank as many of the cheaper grades ? Would men who are anxious for a consolidation
not this grand and historic institution be re- in the various industrial fields, for a con-
duced rather than elevated? Would there centration as it were, usually aim at the
not then be a magnificent opportunity for destruction of competition rather than an
the men who manufacture the other high equal adjustment of economic conditions.
grade instruments to win in a distinctly
REDUCTION OF FACTORIES.
independent anti-trust field ?
Now it is not apparent for a moment in
WHAT FREE TRADE WOULD DO.
considering the proposed trust belief that
There would be vast expenses incurred there would be more than twenty-five fac-
on both sides for two or three years, then tories in operation should the trust become
if in the end the trust became supreme it an established fact. This number would
would stand in imminent danger of anni- become steadily diminished as the years
hilation should the free trade sentiment, rolled by. The whole history of trusts is
which is rapidly growing in America, win to reduce expenses, and the men who to-
at the polls in 1900.
day are proprietors of small factories
While we may talk about the great vic- would have, in our opinion, as a sole re-
tory of protection, yet carefully figured minder of their associations in the piano
down it means that twenty-two thousand trade, should they join, a block of stock in
votes if distributed in six States of the the piano trust.
As to its value, that
Union according to the peculiar conditions would entirely depend upon conditions.
on which our Presidential election is
To go into a blind pool without carefully
based, would have changed the election.
weighing just what the possibilities might
Twenty-two thousand votes, the popula- be as to the outcome of such a move, is
tion of Mt. Vernon, N. Y., would have wrong, and we would be false to our posi-
placed Wm. J. Bryan with his free trade tion, false to our principles, false to the
and free silver theories in the Presidential trade which supports us, did we fail at this
Chair.
juncture to make a fair, impartial and can-
CANADIAN MAKERS WOULD FIGURE.
WOULD MEAN A BITTER FIQHT.
The talk of foreign-made pianos not
standing in this climate would be ex-
ploded. They would be built to stand,
and foreign capital would, if necessary,
become interested in factories here.
The Canadian manufacturers know how
to turn out pianos and are only waiting to
have the tariff barrier removed. English
capital in Canadian factories would remove
the trust monopoly of the American piano
market should Bryan win.
These are things to consider, and we do
not propose to mince matters in the slight-
est when we lay these matters open for the
consideration of the trade to which The
Review directly appeals.
Furthermore,
we do not hesitate to say, in our opinion,
that this cry of cheapness, this reducing of
men to mere machines, this triumph for
plutocracy in all the various industrial
fields, is an injury rather than a benefit to
the future of America.
From its very inception there would be
a bitter fight between the trust and the
"antis," and there never could be any bet-
ter test of the trust element controlling
the country than could be found in the
If, in this country, a government by the
people is to triumph in the end, it must be
by maintaining a contented and prosper-
ous people. Behind every great money
organization is a selfish motive. Power
did statement to our friends as to what a
piano trust means to them as we inter-
pret it.
*
PRIDE IN A NAME.
The trust idea is gradually removing
from all lines of manufacture the pride
which one takes in a family name. It re-
moves from a man personal ambition to
create for his posterity the heritage of a
great name, because it is all lost in the
great trust maelstrom.
It was some time after the formation of
the safe trust that Mr. Herring was credited
with the statement that there was one ac-
tion in his life which he extremely regret-
ted, and that was the time when he entered
the safe trust, because he said, not only had
it proved a failure in one way, but it also
robbed his life of its individuality. He
felt no longer a pride in his business.
The success of the cracker trust was im-
paired not so much by reason of the com-
petition of its chief competitor, the New
York Biscuit Co., as from the fact evidenced
that dealers everywhere in our city were
complaining bitterly of the competition of
the small basement baker, who, with light
expenses, undersold the trust, and it was

Download Page 4: PDF File | Image

Download Page 5 PDF File | Image

Future scanning projects are planned by the International Arcade Museum Library (IAML).

Pro Tip: You can flip pages on the issue easily by using the left and right arrow keys on your keyboard.