Music Trade Review

Issue: 1902 Vol. 34 N. 25

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
EDWARD LYMAN BILL,
EBITOR AND PROPRIETOR.
J. B. SPILLANEt, MANAGING EDITOR.
THOS. CAMPBELL-COPELAND
, EMILIE FRANCIS BAUER
Eiecutlre Staff: -< WALDO E. LADD
GEO. W. QUERIPEL
A. J. NICKLIN
PofalUMed ET«7 SitnrfliT at 3 East 14th street, New Yori*
SUBSCRIPTION (including poetaget. United States,
Mexico ai"i Canada, $2.00 per year; all other countries,
$4.00.
ADVERTISErlENTS, $2.00 per Inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
count is allowed. Advertising Pages $50.00; opposite
reading matter, $75.00.
REniTFANCES, in other than currency form, should be
made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second Class Matter.
7VTVSIC TRMDE
a pleasant recreation. The world was never
fuller of work than now, getting ready for
the millennium rest perhaps.
Evolution, for it is keeping pace with life,
is making such rapid progress that it is very
difficult to foretell the future, and we are not
quite sure what will be considered greatness
in the future until this good time arrives.
In the meanwhile we shall continue to poach
upon the other fellow's territory, sell pianos
i trifle off from the one-price system, unload
surplus stocks at cut prices and indulge in
auction sales, now and then approach in our
announcements to that which borders on fake
advertising, and do a whole lot of other
things which it might be well to leave alone.
Y\l E learn that a good many of the piano
factories are well supplied with coal.
TELEPHONE NUMBBR. 1745-EIQHTBENTH STREET.
That is fortunate, for should the strike con-
THI
On the first Saturday of each month
tinue,
a coal famine, which would affect
ARTISTS'
The Review contains in its "Artists' De-
partment" all the current musical news.
DEPARTMENT This is effected without in any way tres- every industry, and in fact all power depend-
passing on the size or service of the trade
section of the paper. It has a special circulation, and
ent upon coal, would be upon the entire
therefore augments materially the value of The Review
to advertisers.
country.
DIRECTORY OF
The directory of piano manufac
The situation is not pleasing, and the great
PIANO
turlng
firms
and
corporations
found
MANUFACTURERS o n page 24 will be of great value as
a reference or dealers and others.
public is directly interested in this strike.
Of course, men are free to quit work if they
desire, but they have no right to prevent any
EDITORIAL
man who desires to make an honest dollar
from taking their places, or say that he has
TOPICS OF THE HOUR.
no
right to sell his labor on his own terms.
A LWAYS when times are prosperous, dis-
There should be no temporizing in matters
content is in evidence. It is a curious
of
this kind, and the employer's interest
tact that human nature cannot stand an ex-
cess of prosperity. The growing discontent should be protected even if it be necessary
can be fairly traced to our unprecedented to bring to bear a double row of bayonets.
prosperity. Given too much freedom, and a Strikers should be taught to respect the laws
tyrant seems necessary. But excesses furnish of the country, and not to interfere with the
specifics for their own cure. Labor is bur- freedom of the individual.
dened with discontent as a result of extreme
T™* H E R E is no industry in which associ-
wages which cannot bear the strain of such
ation work has been productive of as
success. Men who are receiving more than
much good as in the hardware trade. Prac-
they ever had before in their lives, grow rest-
tical results have' been achieved which have
less and demand more. They demand the
materially augmented association interests
right to dictate to employers, and they also
in all parts of America and to-day there is
arrogate unto themselves the right to in-
hardly a State that is not well covered by
terfere with any one else who desires to take
local hardware organizations.
their places.
Talking recently with a prominent hard-
Capital may grow arrogant, too, but the
ware man he said:
distribution of the penalty over all the people
"Prior to the last two years the association
emphasizes the fact that we are all links in
scheme had not accomplished much, with the
a continuous chain.
exception of the promotion of good feeling,
If nature can ever prevent the necessity for
ami a closer relationship of our members.
every new generation to learn by experience,
For a while nothing was attempted. Re-
it will be a great gain. Great depressions are
cently, however, we turned our attention to
said to be necessary to secure great religious
the business feature of the association and
revivals, and they ought to promote reviv-
our efforts have been instrumental in accom-
als of common-sense.
plishing a great deal of trade good."
~~
NEW YORK, JUNE 2\ f J902.
sociations were years in doing, that is, it has
promoted a better feeling and it has made
possible an interchange of valuable ideas to
the advancement and upbuilding of business
methods.
!t has endeavored to mould trade opinion
in the right direction.
It has placed the cost of membership with-
in its organization at so insignificant an
amount, that in consideration of the simple
interchange of ideas afforded, no retailer,
no matter how slight may be his business,
can afford to be without membership.
T* H E recent collapse of the Hardware
Trust before it was fairly born, fur-
nishes entertaining reading. The history
of this miscarriage of a great and ambitious
enterprise is worth recording.
The labor and effort that have been put
into it by some of the best hardware men
in the United States has been tremendous.
The scheme began to take shape in the
early days of 1901. There were gentle-
men who believed that a combination of a
large majority of hardware men of the coun-
try could be made and labored industriously
to persuade their fellow manufacturers that
they could profit by co-operation. The move-
ment spread, house after house gave its op-
tion. A prominent law firm of New York
took hold of the scheme and agreed to put
it through if possible. Men were pledged to
secure millions of capital if necessary. Those
who had before doubted began to feel that it
would be achieved in spite of the enormous
difficulties that stood in the wav.
'"T HE account of the option taking i.s inter-
esting.
First, the talk that a number of houses
were to sell out for cash and then later it
was understood that a large proportion of
payments must be made in stock. The ardor
of many who were going in began to cool.
I'liere were many who were willing to sell
out and quit, but did not care to hold
stock issued by some one else in place of
their own. The scheme did not event-
uate as rapidly as it was expected, and
options had to be extended. The details
of organization and management of the pro-
posed company were never authoritatively
announced, and there was a great deal of
vague mysterious work in connection with
the enterprise.
The gentlemen in charge of the movement
evidently believed the time had come to make
The Piano Dealers' National Association the matter public and published a list of the
P H I L O S O P H E R S tell us that all labor
will eventually be done for the joy of has been, we may say, in embryo shape for a houses that were to merge, and the public
doing it; that labor-saving machinery will year, and all the work that was accomplished was told that one hundred and twenty mil-
do the work under the direction of brain, re- during 1901 was done by a mere handful of
lion capitalization of the hardware trade was
workers.
The
organization
is
still
young,
lieving muscle to such an extent that the joy
imminent. Suddenly there was a halt. The
of exercising it will be a positive pleasure. and the scope of its influence cannot at the scheme could not be worked to a financial
There is no occasion to rush for a job in present time be fully estimated. It, however, success. The promoters and underwriters
anticipation of this, but the dream of it is has accomplished just what the hardware as- could get no further; they had reached the
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE 7VtUSIC TRRDE
limit; and the hardware trust died "a-born-
iir "—all of which goes to show that trusts
are not so easy to manage, after all..
It was not so many months ago that a dis-
credited, egotistical individual attempted to
form a piano trust. He was without back-
ing, save his colossal nerve, which he hoped
would be ample enough to pull him through.
The hardware trust scheme, much easier
of accomplishment than the piano trust, had
behind it men of character, of financial abil-
ity in the higher standing of trade circles,
and yet they failed to pull it through.
On the same basis, how far away would
the music trade promoter be from success
aided only by his castiron nerve?
There may be at some time a union of the
piano distributing forces of this country, but
unless the scheme is properly constructed,
and the right man behind it, it can never
reach success.
One thing is certain—the defaulting of
this house will serve as a strong check upon
tlie credits given to manufacturing insti-
tutions which are not looked upon as being
particularly strong financially. During re-
cent years there has been comparatively few
failures in the manufacturing departments
of the trade which have been open to crit-
icism. This one, however, will cause those
who are extending credits to those weak
financially to go in more closely into the
details of their business. They will be pretty
sure to ascertain who holds the whip hand
over them.
A fair show will be demanded.
T_J O W the young men have been coming
to the front in this industry during
the past two years. In a number of the fam-
ous piano factories the old men have been
replaced by new, and some of the greatest
music trade institutions in the world are now
A SSOCIAT1ONS are a natural evolution guided by young men, whose personalities
of the times, and when we take a ret- only a few years ago were dwarfed by those
rospective glance into conditions as they over them.
were once and look at them as they are now,
They were given no prominence and their
we will admit that the Piano Manufacturers' individuality was not in evidence. However,
National Association has indirectly played an things have changed, and they have devel-
important part in the bringing together of oped under fire, so to speak, for they have
members of the industry for common good. shown the possession of superb qualities un-
This world of ours, in all departments, der trying conditions. Responsibility, ne-
whether in literature, science, or commerce, cessity and opportunity are the factors that
L, one of progress, receiving from the indi- reveal and develop character. There is a
vidual an independent action and the greater splendid reserve force in almost every man
the progress the more complex the organ- that only comes into play in emergencies.
ism and requires a higher order of intelli- Responsibility steadies and enlarges. Men
gence to work harmoniously in all depart- do important things by having the necessity
ments of the trade. We are all members of of important things thrust upon them.
one grand whole, working together to make
Most men are much better and much abler
up what we may term, the logic of events than they are believed to be. They haven't
which is carrying the world along to the had the opportunity to prove their worth.
higher fulfillment of her destiny.
Sometimes a test comes and then they show
The frequent coming together has elim- what they had in them all the time, and no
inated some objectionable abuses and resulted one suspected it.
in exchange of ideas and methods that in
Ability and power were in the men all the
turn have resulted in a valuable education. time; responsibility and opportunity brought
It is not probable that people will come them out.
together with a view of cultivating good fel-
T " HERE are some men who seem to figure
lowship without good results.
that it is good business to place out
The greatest enemy which association
pianos, no matter how, on what terms, or at
work has had to combat has been indiffer-
what prices sold. They delude themselves
ence, and even a great many members have
with the belief that because they are doing
not cared to take the trouble to attend meet-
business, that they are on a safe basis, which
ings and follow them up so closely as
they are not, for trade secured without a
to get the best results from them. Conse-
profit is of no value, and sooner or later this
quently they have not appreciated the ben-
unnatural state of things must find a remedy,
efits that could have been derived from as-
which will be destructive to the man who
sociation work.
indulges in that sort of distortion of business
\\I H I L E it was known for some time principles.
previous to its collapse that the Water-
HE prize articles which have appeared
loo Organ Co. was not strong financially,
for months past in The Review have
yet it was believed that all of the creditors
attracted
widespread attention. The second
would have at least a fair showing. Plainly
the bank seems the Dealers' Association Adopt to Stamp
assets, and all of the outside creditors are
Out Misleading Advertising?" is peculiarly
left.
,
appropriate at this time when a paper was
read upon fake advertising at the recent
convention in Baltimore.
It should be understood that these sub-
jects were given out long before the Deal-
ers' Association had announced their con-
vention topics.
The gentleman who is the winner of this
twenty dollar prize has certainly made an
interesting argument, and his article, which
appears on a neighboring page, is well wor-
thy perusal by everyone who is interested
in this live topic.
The next subject bears upon association
work, and all who are desirous of winning
twenty dollars should send in their ideas re-
garding "What is the Greatest Accomplish-
ment Won by Association Work in this
Industry ?"
D EPORTS that we have received from
different parts of the country show
that the month of May as a whole resulted
much more satisfactorily in a business way
than many have predicted. While some lo-
calities in Pennsylvania have suffered very
keenly, yet as a whole, trade all over the
country has kept up better than many had
believed until they reviewed the figures for
the month.
The month of June has always been looked
upon as a period very largely devoted to
weddings, and in every city and town
throughout the Union there will be celebrated
many such occasions. As pianos figure large-
ly as wedding presents and in the home fit-
tings of young couples, the piano business
in June is usually excellent, and while some
complaints have reached us, there is reason
to believe that June is going to give a good
account of itself at its close.
T T is stated that one of the leading depart-
ment stores of New York which main-
tains a piano department is now employing
a special agent who is canvassing all of the
principal towns on Long Island to locate
therein several persons to act as special
solicitors. The department store will allow
liberal commissions on all work which they
may do in the way of exploiting their pianos.
D UMORS, rumors, rumors galore! To
tell of the number of rumors which
have been circulating in trade circles this
week regarding moves of department stores,
the possible opening of branch stores in New
York by prominent Eastern and Western
concerns alone would require considerable
space. Back of these rumors will eventuate
plans which will be related in The Review
in due time. The mere printing of rumors
is injurious, and it may also be unwise to
print certain facts which are in possession
of newspaper men before the time really ar-
rives when they can l>e properly announced.
Discretion must be exercised at all times re-
garding the serving up of trade moves.

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