Music Trade Review

Issue: 1910 Vol. 50 N. 19

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUJIC THADE
V O L . L. N o . 19.
Published Every Saturday by Edward Lyman Bill at 1 Madison Ave., New York, May 7,1910
SINGLE COPIES, 10 CENTS.
$2.00 PER YEAR.
T
H E game of business is becoming" more and more interesting".
It is fast attaining tbe dignity of a science, and the guesswork element largely in evi-
dence in days agone is becoming largely eliminated.
Years ago the business world was filled with men who guessed or assumed to understand
that certain figures nearly or approximately represented cost or selling expenses.
A good many of them fooled themselves, and the men who conducted their business affairs along
lines of ignorance are out of the game to-day.
The guesswork man is left far to the rear, and the man with clean cut knowledge is in the front
ranks.
Indefinite figures are the cloak of ignorance.
Definite figures form the basis of action.
There is no compromise in mathematics.
Therefore, the business man should build his system on exact lines, and not approximate the prob-
able cost of anything.
He should know!
Many a man in trade has contributed to his own ruin by not getting exact figures.
The element needed in the business world to-day is exactness—method—system.
Watch successful men in your locality and ask them what it costs to do business—to sell a piano.
They can tell you.
No guesswork with them.
More than that, they can pretty nearly tell what it costs their competitors to do business.
They are keeping in close touch with the game, and they never for an instant permit themselves
to entertain the thought that they are above competition, but they know that a good business generalship
is not built on a guesswork foundation.
They know where they stand in selling expenses.
They keep in touch with the business machinery of which they are the head.
The only way to gain business knowledge is to dig down deep into the departmental workings.
If you have time, dig into every transaction you handle.
Investigate—analyze—study.
No one should be content to do things by rule alone.
They should know the why and wherefore.
Good business judgment is nothing more than following sound principles in the conduct of one's
affairs.
Successful men have learned that it is vastly better and more profitable to know how to do a
few things well—to know the environment surrounding every department of their business—than to do
a great many things indifferently.
It pays to be a specialist in something—then gradually take on besides all that you can.
It is the man who learns to do something better than it was ever done before who wins the prize
in the great business game.
It is the knowing how!
It is the knowledge of details—of the cost of all apparently inconsequential things which enter
into the life of a business institution.
These smaller items are all contributory factors in determining the actual cost in the conduct of
the business.
There are still some men to-day who haven't sufficient knowledge, of the intricacies of the busi-
ness machinery under them to know the cost of doing business.
They are still fooling themselves by nursing" the belief that bulk constitutes profit.
An absurdity, and the quicker it is cut out from the business reasoning the better.
EDWARD LYMAN BILL.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
EDWARD LYMAN BILL - Editor and Proprietor
j . B. SPILLANE, Managing Editor
Executive and Reportorlal Staff:
L. BJ. BOWEBS,
OBO. B. KBIXBR,
W. H. DTKDS,
R. W. SIMMONS.
AUGUST J. TlMPB.
B. BRITTAIN WILSON,
A. J. NICKLIN,
BOSTON OFFICE:
CHICAGO OFFICE:
G. W. HENDERSON, 180 Tremont St.
B. P. VAN HAELINOBN, 156 Wabash Ave-
Room 18.
Room 806.
Telephone, Oxford 2936-2.
Telephone, Central 414.
PHILADELPHIA:
MINNEAPOLIS and ST. PAUL:
ST. LOUIS:
B. W. KAUFFMAN,
ADOLF EDSTBN.
CHAS. N. VAN BUHBN.
SAN FRANCISCO: S. H. GRAY, 88 First Btreet
CINCINNATI, O.:
JACOB W. WALTBBB.
BALTIMORE, MD.: A. ROBERT FRENCH.
LONDON. ENGLAND: 69 Baslnghall St., B.C. W. LIONBL STURDY, Manager.
Publlsbed Every Saturday at 1 Madison Avenue* New York
Entered at the New York Post Office as Second Class Matter.
SUBSCRIPTION, (Including postage). United States and Mexico, $2.00 per year;
Canada, $8.50; all other countries, $4.00.
ADVERTISEMENTS, $2,00 per Inch, single column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Advertising Pages, f00.00; opposite
reading matter, $75.00.
REMITTANCES, In other than currency form, should be made payable to Edward
Lyman BUI.
IMiififf* C | M > f i A n
-^ n important feature of this publication is a complete sec-
1WHMOMV i J v V U U l l i tion devoted to the interests of music publishers and dealers.
Exposition Honors Won by The Review
Brand Pria
Paris Exposition, 1000 Silver Medal. Charleston Exposition, 1902
Diploma.Pan-American Exposition, 1901 Gold Medal
St. Louis Exposition, 1904
Gold Medal
Lewis-Clark Exposition, 190S.
LONG DISTANCE TELEPHONES—NUMBERS 4677 and 4678 GRAMERCY
Connecting a l l Departments.
Cable a d d r e s s : **ElbllL New York."
NEW YORK, MAY 7, 1910
EDITORIAL
WHERE PUBLICITY COUNTS.
I
NHERE is plenty of evidence at hand showing that dealers
throughout the country have not been slow to avail them-
selves of the articles appearing in The Review as a basis for an
opposing force to the guessing contest schemes.
In advertisements in no less than thirty papers have appeared
excerpts from editorials and opinions recently expressed in these
columns.
A good many dealers have inserted these excerpts in reading
matter, thereby increasing their effectivenss.
We may add, too, that we have received a good many com-
munications from leading dealers in which the policy of this paper
as opposed to the guessing contest schemes has been warmly com-
mended.
One thing is certain, The Review campaign has aroused the
trade from one end of this country to the other to the dangers of
coupon scheme advertising, and it is certain that the opposition
has now received such a forward impetus that it cannot be easily
checked, and the best way to carry on the strenuous work against
the further encroachment on the regular domain is by plains which
will tend to uplift rather than demoralize trade conditions.
The plan of A NATIONAL ANTI-CONTEST DAY is being
strongly supported, and if the dealers at Richmond decide to endorse
this suggestion there is no doubt but that the publicity given their
concerted action will be tremendous as a rebuttal force against
objectional forms of piano exploitation.
The communication received from Edward H. Droop, presi-
dent of The National Association of Piano Dealers anent A NA-
TIONAL ANTI-GUESSING CONTEST DAY, published in The
Review of last week, is well worthy of close perusal.
Mr. Droop states that he sees nothing in the suggestion to
appoint a national anti-piano guessing contest day that is not en-
tirely feasible.
REVIEW
Quite naturally, however, he does not wish to assume the re-
sponsibility of appointing that day without having first obtained
the support of the organization behind him.
According to his own expression, he does not feel at liberty
to suggest such procedure until the association has taken some
action officially upon the subject.
President Droop, however, states that he shall make every
reasonable effort to have the association go on record one way or
the other.
In other words, if coupon guessing contest form of adver-
tising is considered trustworthy and desirable then it should have
the association's stamp of approval.
RINGING WORDS O F P R E S I D E N T DROOP.
the other hand," says President Droop, "if it can be
shown that it is generally misleading and unfair, that it
has a tendency to destroy confidence and piano values, and that it
works to the detriment of the common good, the association, in my
judgment, should take a firm stand and condemn it in no uncertain
terms.
"While I believe in being conservative in all things, in not
taking hasty action in any question of business policy pursued by
this or that dealer, for fear that such action, if contrary to his
ideas, might reflect on the integrity of one or the other, neverthe-
less I feel that the particular question before us has been discussed
at such length and condemned by so large a number of dealers
throughout the country that the Dealers' Association should, with-
out fear of consequences, boldly declare itself as either favoring or
not favoring all coupon, guessing, prize, certificate and similar
forms of advertising."
Now, the words which we have quoted above come from a
gentleman whose obvious desire is to be fair to all, and, he says,
in no uncertain tones, that it is up to the association to act, and
with such determination on his part, we believe that the organiza-
tion behind him will declare itself unequivocally upon the question
of misleading advertising.
Then, having declared its intentions, the next thing is to act,
and, what better action could be taken than TO SET ASIDE A
DAY UPON WHICH TIME T H E E N T I R E PIANO TRADE
of this country can call upon the publishers of the various papers
and present their arguments why guessing contests should not be
admitted into the advertising columns of the papers.
The advertising advantage of this would be simply incalculable.
It would sweep from one end of the country to the other and
it would not only arouse and inspire the dealers in the music trade
with the resolve to combat all kinds of encroachments made upon
the regular domain, but, best of all, it would give to the public in
every city and hamlet in the land information that the piano deal-
ers of America were opposed to all kinds of misleading advertising,
particularly that form which carried with it the giving of coupons,
prizes or certificates for the solution of some alleged puzzle.
"O
LET T H E LANCES RE DRAWN.
T is possible there may be some warm expressions of opinion at
Richmond on either side of the case.
Very well, there is no better time or place to express them.
With President Droop in the chair everyone is assured of
courteous treatment.
Objectionable advertising is, to our minds, the most vital topic
to be discussed at Richmond, and, judging from the interest which
has been manifested recently in all quarters, our opinions are in
harmony with hundreds of others.
There is absolutely no use of mincing matters.
If this form of advertising is wrong cut it out.
'
Let it become but a regretful memory.
If it is right adopt it.
Let everyone enjoy the good results.
Our aim has been to conduct an educational campaign.
We have carefully avoided personalities.
We have even refrained from printing in the columns of The
Review, advertisements of coupon-certificate advertisers simply
because we did not wish to lay ourselves open to the charge of
being personal.
We have conducted this campaign opposing a principle which
we believed to be detrimental to the best interests of the piano trade
and which, if persisted in would ultimately undermine the industry
I

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