Music Trade Review

Issue: 1901 Vol. 32 N. 16

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THE
fflJJIC TIRADE
VOL. XXXII. No. 16.
Pubiistied ETW/ Saturday by Edward Lyman Bill at 3 East FourteentA Street. New York, April 20,1901
A Floating Exposition
Suggested for the Purpose of Acquainting the
World With Our Products—l he Proposal
Excites riuch Attention.
The suggestion for a floating exposition
to enable American manufacturers and ex-
porters to exhibit their goods at the doors
of the people to whom they desire to sell
them, recently made by the Chief of the Bu-
reau of Statistics of the Treasury Depart-
ment, is resulting in much discussion of the
subject, not only throughout the United
States but in other parts of the world. Let-
ters are being received from various coun-
tries in Europe and elsewhere, making in-
quiries regarding the proposed enterprise,
and many inquires from manufacturers and
merchants in the United States desiring to
participate in an undertaking of this char-
acter.
The proposition, as originally presented
in the National Geographical Magazine and
before the National Board of Trade by the
Chief of the Bureau of Statistics, suggested
that it would be much easier to induce those
whom we would make our customers to
examine our goods if carried to their doors,
than if the goods were set up in an exposi-
tion in the middle of the United States, and
the world invited to cross the oceans to ex-
amine them; and that greater proportionate
results in the enlargement of our foreign
commerce would accrue from investments
in exhibitions carried to the doors of the
would-be customers, rather than large ex-
penditure in creating sufficiently great at-
tractions to bring the would-be customers
to our own doors. To this end it was sug-
gested that an exposition association might
be formed by manufacturers and exporters
which could create a guarantee fund which
would entitle the subscribers to a propor-
tionate amount of space in the vessel or
vessels carrying the exhibit, this exhibit when
completed to pass from port to port along
the coast of South America, thence to the
principal cities of Asia, Oceania, Africa
and Europe, and thence returning to the
United States, occupying perhaps two years
in the trip and visiting the principal cities
and countries of the world.
This suggestion by the Chief of the Bureau
of Statistics has been followed by the an-
nouncement that a floating exhibition to visit
the cities bordering upon the Gulf of Mex-
ico and Carribbean Sea has been organized
at Buffalo, and will be made ready during
the summer and leave in the autumn of the
present year for that field, and a number of
other enterprises of this character have been
suggested.
Meet in Detroit.
The rapid progress made by the United
States during recent years to a command-
ing position as an exporter of manufactured
goods invests with special interest the pro-
ceedings of such a gathering as the National
Association of Manufacturers, whose sixth
annual convention will be held in Detroit,
Mich., on June 4, 5 and 6. The date of
the opening of the convention has been fixed
somewhat later than usual this year, with
a view to insuring the most favorable cli-
matic conditions in the city where the con-
vention is to be held. The officers of the
association expect an unusually large atten-
dance this year, and certainly the status of
American manufactures in the world's mar-
kets is such as to invite a full representa-
tion of the men whose skill, enterprise and
command of resources are winning for the
United States such an enviable position
among the manufacturing nations. The
opening of the Pan-American Exposition at
Buffalo the month before will enable many
of the manufacturers to add to the interest
of their visit to Detroit by including in their
trip a visit to the display of American prod-
ucts at the former city.
Among the latest members of the music
trade industry to join the National Asso-
ciation of Manufacturers are the Farrand &
Votey Organ Co., Detroit, Mich.
Wellner's Employee Disappears.
[Special to The Review.]
Philadelphia, Pa., April 15, 1901.
James T. Miller, superintendent of the
store of Julius Wellner, musical instrument
dealer, 922 Walnut street, having been re-
ported to the police as missing, surprised
his employer by returning to work yester-
day, after being absent since Saturday.
John J. Curtis, who was also reported miss-
ing, and for whose apprehension a warrant
is out, did not imitate Miller by returning to
work. Miller's story was that he had been
detained by illness. He resumed the duties
of his position as superintendent.
Mr. Wellner claims that Curtis appro-
priated several hundred dollars which he
had collected from persons buying music
boxes on the installment plan.
/Eolian Co. Progress.
Over 500 hands are now employed at the
iEolian organ factory, iEolian, N. J. It is
reported that they intend to shortly begin
the erection of another factory building arid
• eighty houses for their employees to occupy
at that place,
$2.00 PER YEAR.
SINGLE COPIES 10 CENTS
New Indiana Corporation Law.
An Act Which Seeks to Impose Restrictions
Upon Foreign Corporations—Some Details
—The Kimball Co. Among the First to In-
corporate.
[Special to The Review.]
Indiana, Ind., April 15, 1901.
The new Indiana statute which imposes
certain taxes upon corporations doing busi-
ness in this State under charters issued in
other states, has occasioned considerable in-
quiry at the office of the Secretary of State.
The law provides that all foreign corpora-
tions shall appoint an agent with an office
in Indiana, and that this agent shall file with
the Secretary of State a copy of his com-
pany's articles of incorporation, or of its cer-
tificate. With the copy of articles shall be
filed a sworn statement showing the amount
of its capital stock represented in the Indiana
business, and on this amount fees are charged
at the same rate as on domestic corporations.
After September 1st, it is made the duty of
the Secretary of State to notify prosecuting
attorneys of foreign corporations that have
not complied with the law.
Among the first to comply with this law
was the W. W. Kimball Co., the well-known
manufacturers of Chicago, who filed articles
on their capitalization in Indiana to-day.
Some people here are of the opinion that
this new law will drive capital out of Indiana,
as a corporation failing to comply with its
clauses cannot maintain a suit or action,
either legal or equitable in the courts of
Indiana, or any demand arising out of con-
tract or tort. This provision is the one that
is expected to stir foreign corporations to
prompt compliance. Meanwhile, a fine of not
less than $1,000 is provided for failure to
comply with the law.
Piano flaking in New Orleans.
[Special to The Review.]
New Orleans, La., April 15, 1901.
Many people say that manufacturers are
what New Orleans requires. Therefore,
every new factory which is established is
so much more for the general good. In this
connection the establishment of Stratton's
piano factory at 409 Decatur street, is worthy
of note. Mr. Stratton, the proprietor, is a
well-known citizen, and expects to do well
in his new line as a maker of pianos. He
is certainly putting some fine looking in-
struments on the market.
M. Currier, of St. Regis Falls, N. Y., has
patented a piano stool which operates hori-
zontally by the swaying of the body, so that
the pianist can reach any part of the key-
board without difficulty.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
8
THE MUSIC TRADE REVIEW
TWENTY-SECOND YEAR.
a specialist was Alfred Dolge. Schuyler
Ingham was employed by them to obtain
special information from members of the
piano industry. Other specialists were se-
cured by them, so that from three sources,
confidential information regarding piano
firms was obtained. We may say that the
trust papers, including the statistics, dealing
with the tentative trust which existed in those
days, are not now in the hands of Alfred
Dolge. Some of the leading men of Wall
street, such as Seligman and Belmont, sub-
scribed five million dollars for the purpose
of bringing about the organization of the
piano industry in '98. The piano manufac-
turers then were given no particular insight
into the operations of the proposed trust,
but were asked to go into a sort of blind
pool, and in order to do this they must have
implicit confidence in the promoters.
there are certain conditions which exist in
our own industry which shows its non-affilia-
tion with principles which exist in many
others. In the furniture trade, a trade which
is first cousin to the piano industry, it has
been reported that Chas. P. Flint, a well-
EDWARD LYMAN BILL,
EDITOR AND PROPRIETOR.
known promoter, has had the matter of a
J . B. S P I L L A N E , MANAGING EDITOR
trust well in hand, and that articles for in-
THOS. CAMPBELL-COPELAND
corporation would be filed by April 15th.
WALDO E. LADD
Executive Staff:
GEO. W. QUERIPEL
It has also been alleged that Belmont and
A. J. NICKLIN
Morgan were assisting Mr. Flint. It has
PnHlishecL Every Satprday at 3 East 14th street, New York.
been announced with equal positiveness that
SUBSCRIPTION (including postage), United States, Mexico
the proposed combine had fallen through.
and Canada, $2.00 per year; all other countries, $4.00.
ADVERTISEnENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special discount
It is now stated that it is Boston parties,
is allowed. Advertising Pages $:o.oo, opposite reading matter,
$75.00.
instead of Messrs. Morgan and Belmont
REfllTTANCES, in other than currency form, should be
made payable to Edward Lyman Bill.
who are backing up Mr. Flint, and that
Entered at the New York Post Office as Second Class Matter
these men insist that all factory contents
NEW YORK, APRIL 20, 1901.
and earning capacities of the various com-
TELEPHONE NUMBER. 1745-EIQHTEENTH STREET.
panies shall be appraised by a board of three
THE
On the first Saturday of each
men to be named by the promoters. This
1
ARTISTS
month The Review contains in its
DEPARTMENT " Artists' Department" all the cur-
With the Spanish war—the panic which was one of the stumbing blocks.
rent musical news. This is effected
without in any way trespassing on the size or ser-
The high prices asked for stocks of the
existed in the money market at that time—the
vice of the trade section of the paper. It has a
special circulation, and therefore augments mater-
crash of Dolge—all disorganized maturing more successful concerns was another obsta-
ially the value of The Review to advertisers.
plans so completely that it has never since cle encountered by the promoters. Another
DIRECTORY OF
The directory of piano manu-
been
possible to arrange them for the forma- rumor was that Seligman was backing
al ANO
facturing firms and corporations
MANUFACTURERS
tion of a piano trust. Mr. Mathiessen is Flint, and one of the most prominent furni-
fod
m b
f
t
p g
value as a reference for dealers and others.
dead, Mr. Dolge is on his ranch in Califor- ture men in the country states to The Review
DIRECTORY OF
A directory of all advertisers
nia, and the former magnates who were that he does not believe the combine can
ADVERTISERS
i n The Review will be found on
page 6.
connected with the embryo enterprise in '98 be effected. Another New York furniture
have nothing to do with the proposed trust man says that he knows nothing about the
of to-day, which, we affirm, is largely in the matter. Another says that the plan has been
EDITORIAL
nature of a bluff, and which never can.suc- entirely dropped, and still another that seri-
ceed unless there are men connected with ous set-backs have been encountered.
A MOUNTAIN OUT OF A MOLEHILL. it in whom the members of the industry have
We mention this to show that it is the
T 1 HERE is no occa- confidence, and who can command enormous same batch of highly-colored rumors that
The Piano Trust Spectre
—flen Who Were In
sion for anyone sums of money to buy up the various plants. are flying about in the furniture trade that
the Old Organization
to
stand
in fear and
—Dolge and Others-
Within the past week, Alfred Dolge has have become so well known to us in the music
No Probability of a
trembling
of
the
pro-
Trust at Present.
stated: "I do not believe that any outsiders, trade industry regarding trust matters.
posed piano trust. Its speculators, or promoters, can ever succeed These rumors are of a kaleidoscopic char-
spectre should not haunt the couch of the to bring about a combination in the piano acter. They are positive to-day, doubtful
piano man and disturb his midnight slum- trade. At the same time I am just as firmly to-morrow, and out of sight the next day.
bers.
convinced that the piano industry will be
As we stated at the beginning, there is no
Notwithstanding all sorts of piano trust driven into a combination in time, as have reason for the alarmist to parade his highly-
rumors that have been circulating during all other industries. We are nearing more colored trust rumors and statements, for
the past month, no positive headway has and more the long-sought-for condition there is no foundation for even a reason-
been made as yet regarding its formation. where the fierce competition which carries able belief that a trust will be formed in this
There are some men who are desirous of its barbarous warfare, not only into the industry in the immediate future.
impressing others that they are in possession counting room, but also attacks the private
THE CONDITION OF TRADF.
of inside facts and that a great organiza- life of people engaged in trade, must make The Trade Situation-
CPRING trade has
Why the Piano Busi-
tion is now being formed—that it even exists way to combination which eliminates the
been a trifle slow.
ness is Dull—Things
Will Brighten With
in a tentative way. They are fond of assum- objectionable part of the competition, and
We
may
as well ad-
the Weather—General
ing a mysterious air and express themselves where only a competition exists to produce
Conditions Encourag-
mit it, for it is of no
ing
in sentences pregnant with mystery and im- the best results with the least efforts."
use to state that trade
portance.
No thinking man can deny that it is possi- is continually booming when business re-
The Review exploded the trust myth a ble for the piano industry to be concentrated sults point unmistakably to the contrary.
short time ago, and it may be depended into what we commonly term the trust, yet
No one can explain just why this state
upon to furnish reliable information con- there are many who believe that the day is of affairs should exist. The stock market
cerning the development—if that develop- far distant when such combination will be is exceedingly buoyant, and the prolonged
ment ever reaches a stage by which it will made, if ever. There are plenty of others strength of that market despite occasional
be proper to designate it as an existing com- who assert that the piano industry will for- temporary set-backs, is one of the remark-
bination.
ever remain aloof from participation in trust able features of the present state of busi-
One of the strongest forces in the pro- schemes.
ness.
posed trust of '98 was F. O. Mathiessen, a
There are many industries wherein it has
It is evident that this condition must have
sugar trust man. Associated with him as been impossible to form combinations, and its origin in something deeper and broader

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