Music Trade Review

Issue: 1899 Vol. 28 N. 7

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
an organization water inflated far beyond ful. There are now in the furniture trade
its earning capacity? And is not corres- several promoters at work on the trust
ponding inflation to be found in nearly all propaganda.
One of the strongest arguments which
of the recently organized trusts? Is it not
can
be made in favor of a trust in the
a gigantic stock-jobbing scheme—a verit-
able scramble on the part of trust pro- piano trade is that it would mean an enor-
EDWARD LYMAN BILL.
moters to organize on any basis as long as mous lessening of the expense in market-
Editor and Proprietor
ing the product.
their commissions are secured.
PUBLISHED EVERY SATURDAY
It is the same argument, however, that
In the piano industry there has been a,
3 East 14th St., New York
number of abortive attempts to bring the has been used in all trust schemes, and if
SUBSCRIPTION (including postage), United States,
Mexico and Canada, |ajoo per year ; all other countries,
manufacturers into a trust. The first at- this very idea of lessening the cost or ex-
$300.
ADVERTISE/IENTS, $2.00 per inch, single column, per
tempt dates back a number of years, when pense of running enterprises is carried to
insertion. On quarterly or yearly contracts a special dis-
count is allowed. Advertising Pages $50.00, opposite read-
it was proposed to sell the principal plants an extreme fulfillment, then the dawn of
ing matter $75.00.
REMITTANCES, in other than currency form, should
the new century will find that the purchas-
to an English Syndicate.
be made payable to Edward Lyman Bill.
ing
power of the people has been reduced to
It was, by the way, the lessons taught
Entered at On New York Pott Office as Second Clast Matter.
by foreign syndicates in combining plants, such an extent that there will be the two
NEW YORK, FEBRUARY 18, 1899.
that led up to trusts in later years. The extremes—the rich and the poor.
TELEPHONE NUMBER, 17-45—EIGHTEENTH STREET.
And it is not the rich who make a na-
syndicate scheme at first presented by
tion
prosperous, it is the healthy, middle
foreigners was the ancestor of the trust of
THE KEYNOTE.
class who when they receive liberal com-
to-day.
The first week of each month, The Review wilt
contain a supplement embodying the literary
The first attempt has been followed by pensation for their services are in turn
and musical features which have heretofore
appeared in The Keynote. This amalgamation
a number of others which have, thus far liberal spenders. It is that vast volume
will be effected without in any way trespassing
on our regular news service. The Review will
resulted only in talk—or better in educat- of money always in rapid transit which is
continue to remain, as before, essentially a
trade paper.
ing the members of the trade up to the the great lubricator of trade. Thus, in a
broad sense, the matter of cutting down
trust scheme.
ABOUT TRUSTS.
In 1897 the trust idea was revived and expenses in every field of human endeavor
TT would seem as if the attainment of a received quite an impetus before it foun- means a corresponding lessening of the
purchasing power of the people. Men
trust condition were the omega of in- dered.
dustrial competition, for when the nation
This year it has again taken on life and whose income is rediiced to the purchase
becomes completely girdled by trusts, some allege that it is rapidly assuming of the necessities of life can not in any
competitive warfare will have been rele- shape. The connection with the scheme sense become buyers of pictures, books,
gated to an unhappy past.
of a notorious music trade editor rather pianos and home accessories which lead to
All manufacturers will be eating the than aiding it gave it a serious set back. a higher civilization.
lotus leaves of generous dividends, with- Some of the largest manufacturers looked
\ / IE WED in an extreme light how, then,
out so much as a thought given to such or- with suspicion upon anything with which
can such stock concerns which are
dinary incidents as pay rolls and competi- he was connected.
dependent upon the thrift of our middle
tors.
Again, in both the East and the West classes be made to pay, particularly when
So sings the trust siren otherwise known there has been a promoter steadily engaged
weighted down with a watered creation
as the promoter—the man who assembles in promulgating the trust teachings in our
far beyond their earning capacity with
the working parts of an industry into a industry. To say that the seed of his argu-
even normal conditions? Some of the
compact whole. The man who by the way ment has fallen upon fertile soil and is
best-posted men in the country affirm the
does not get his pay in watered stock but leaving rich fruit would be untrue, and to
war-cry of the next presidential election
in good coin of the realm.
say that the matter is not being considered will be " T h e people against the trusts"
The trust idea has developed to such would be alike untrue.
and if so what will the result be?
an extent that in almost every large
While some men are willing to join a
Before an answer is given it might be
city may be found a coterie of men who combination they have not as yet had the
well to recall the fact that twenty-two thou-
are engaged in the business of pro- matter presented to them in such a light
sand votes distributed in six States would
moting trusts. They are usually in touch that they can see their positions bettered
have turned the tide Bryan ward in the last
with money brokers who float the stock by sinking their industrial property into a
election. How much more popular with
upon the market, they in turn coming in stock combination.
the people will have become the new issue
for succulent profits and as long as the It is a difficult matter to bring together
by another year; can the answer be given
schemes can be floated their pay is secure the manufacturers of this industry and
now ? All these points should be considered
as well as ample.
still, on the other hand, it would seem in- whether one contemplates a trust move
But how about the stockholder? That is deed strange that the manufacturers of or not.
another storv.
pianos as an industry should remain out-
Every man of intelligent reasoning
side of those influences which have powers should give this matter considera-
T H E R E is no mistaking the fact that the affected so many other lines of manufac- tion, more especially so if he contemplates
country has gone trust mad and that ture.
throwing the work of a lifetime into the
some day not far distant there will occur a
There are few of our industrial lines trust crucible with the expectation of seeing
tremendous reaction and the over-inflated outside of dry goods, boots and shoes, it melted up into greatly multiplied dollars.
trust bubbles will burst by the score.
drugs and furniture which have not been
A milk trust was organized last week with affected by trust combinations. In the IN conversation with a large piano manu-
a capital stock of ten millions with actual furniture trade there have been several at-
facturer of the west this week, he re-
assets of a million and a half. Is not such tempts which have as yet been unsuccess- marked, "When the matter was first pro-
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
posed to me I listened. I was interested
and tip to this time nothing has been pre-
sented to me in a way that I feel that my
interests will be advanced by joining a
trust." It is in a sense interesting to follow
up the trust rumors. Some have even
gone so far as to assert that a tentative
trust already exists and that in ten days
the leading firms will have openly an-
nounced their intention of joining the piano
trust.
There is one thing mighty sure, that
the trust promoter has elongated the truth
materially if all the sayings or even one-
half attributed to him were ever said. The
facts are, some of the men who are alleged
by the promoter to be just hungry for the
trust are, as a matter of fact, exceedingly
frigid. We have in mind one or two
notable cases wherein the heads of firms
were claimed to be all in save the signing.
These very men assert that not only are
they not in but there is little probability
that they ever will be, at least not as far as
they can now determine.
The promoter seems to have adopted
methods similar to those used by a certain
class of advertising solicitors, who make
up a dummy work, take a dummy page of
a distinguished house, paste it in a pre-
ferred position, call upon a close competi-
tor and show him that so-and-so is in and
he cannot well stay out.
The bait is taken and an order secured.
Then a call upon the other man with this
fake page removed, but with the page of
his competitor well displayed, thus play-
ing one against the other before an order
is secured.
It would seem as if the trust promoter
had familiarized himself with this process
and that he was playing one against the
other, when as a matter of fact neither
had given the slightest assurance of join-
ing.
Well, the promoter has to do something
for his money.
A NOTHER man said while reviewing
the matter, "To my mind, the element
that would be most injurious to the trust
in this trade would be the guerilla element.
By that I mean the small manufacturer,
who oftentimes would be a mechanic of
means who would make a few pianos.
Such a class of competitors would be most
injurious, they would be in every city,
would run on light expense and the output
from such little home factories would be
considerable as the number of such men
would run into the hundreds. Then again
there are plenty of men, the small manu-
facturers, who will constantly harass the
trust. They will have the support of the
What has the quality of paper and ink
dealers and salesmen throughout the coun-
try, who in turn will work upon the public to do with copyright anyhow ? Our great-
mind as against the trust and it is this sort est writers are not pulp makers or chem-
of guerilla warfare which will hurt the ists nor yet our poorest.
trust if it comes, if it does not entirely
IN the doctoring of our patent laws the
wipe it out."
abuse of common sense is as evident as
And it was guerilla warfare which beat
in the proposed legislation affecting copy-
Napoleon's army in Spain. The best dis-
rights.
ciplined army in Europe beaten and de-
During the last session one measure in-
moralized by the men who fought behind
troduced, which failed to reach a vote, pro-
each rock and in each mountain defile. It
vided for the establishment of a court to
was impossible to dislodge them and they
hear patent causes exclusively, and it is
had the sympathy of the country with them.
now proposed to revive the bill and urge
its passage. The expediency of such a
TN The Review's opinion, a trust can be measure is questionable, its practical value
successfully formed in this trade only is not generally admitted by experts, and
when less than ten firms have succeeded in there are many reasons why it should not
annihilating all the others, so that compe- be enacted.
tition, no matter how small, shall have
Too much legislation will seriously affect
ceased. If that time ever arrives they can any system, and in patent-law practice,
absolutely control the market, which can which at best is complicated and greatly
not be done when we have one hundred involved, it has a tendency to cause confu-
and fifty firms outside of Canada.
sion. The leading patent lawyers of the
Then suppose we have an "open door" country have recognized the great danger
to Europe, would anyone refuse to sell or threatened by the enactment of special
buy European pianos?
laws for particular cases which conflict with
Would not the factories across the Cana- general rules of practice, and wherever
dian border multiply?
possible they have endeavored to discour-
age this tendency.
PATENTS AND COPYRIGHTS.
F E W laws have been the subject of such THE MANUFACTURERS' MEETING.
tinkering during the past few years as
A N understanding in the matter of sten-
those relating to patents and copyrights.
cil manufacture is apparently as diffi-
Ill-advised amendatory measures have cult of solution as the much-debated ques-
been proposed from time to time, but for- tions of tariff, currency, or States rights.
tunately very few bills of this character The sentiment of the majority of manufac-
have received serious consideration. The turers who attended the meeting at the
busy-bodies in this particular field mean- Union Square Hotel on Monday—a report
while never tire. It is an actual fact that of which appears elsewhere—was, in brief,
in the Legislative, Executive and Judicial that State legislation would be utterly in-
Appropriation bill, which covers copyright, effective as a panacea for the stencil evil,
an amendment has surreptitiously been and, moreover, that such legislation would
slipped in which declares that on and after work injury to the best interests of the
July i next the right to secure copyright music trade industry of this State.
shall be dependent upon the quality of the
In the opinion of the speakers in opposi-
paper and ink used in producing the book, tion to the bill, a national law would cover
play, music, essay or poem which it is the ground. Messrs. Baus and Spies were
sought to copyright.
appealed to, to withdraw the bill and allow
Nothing more uncouth and unreasonable the National Association of Manufacturers
could be invented or imposed upon those to take definite action on the subject at
who are anxious to protect their literary its meeting in April. Mr. Baus, repre-
or musical productions. It contemplates senting the forces in favor of the Reding-
a grotesque miscarriage of right and jus- ton bill, declined to accede to the request,
tice. As one of our leading papers says it and the consequence is that unless better
must, of course, be the result of either counsels prevail later, the spectacle will be
complete misconception or total ignorance. presented of a number of manufacturers
In whose interests, to what possible end fighting each other in Albany on next
could such a "rider "be attached to an Tuesday.
otherwise fair measure ?
This is a deplorable situation.
As strong advocates and supporters of
We have not heard of the right of title
to real estate being made dependent upon the Association idea, we think in view of
the character of the crdps raised or upon the sentiment against the bill, it would
the style of architecture of the building have been advisable for those interested in
the measure to have withdrawn it for the
erected thereon.

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