Music Trade Review

Issue: 1912 Vol. 54 N. 24

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
fflJJIC TIRADE
V O L . LI V . N o . 24.
Published Every Saturday by Edward Lyman Bill at 373 Fourth Ave., New York, June 15,1912
SINGLE COPIES, 10 CENTS.
$2.00 PER YEAR.
Politics Should Not Disturb Business
S
U P P O S E we do face all the excitement incidental to the election of a President, does that fact
alone supply any evidence why there should be a relaxation of business energy?
'
People will continue to eat, wear clothes, ride in automobiles, buy pianos and even now and
then smoke a cigar, if we do have to elect a President every four years.
Surely, there is no good reason why changing political conditions should bring about depression in
business. We just allow ourselves by relaxation in many cases to drift into a pessimistic position regard-
ing trade in Presidential years and consequently slacken our energies.
There must be a growing demand all the while for manufactured products of all kinds and go out on
the crowded thoroughfares of our great city any afternoon and notice the long train of trucks loaded
with all sorts of manufactured products bound for either stores or railroad depots. The procession is end-
less and variety likewise.
Go into the retail establishments and note the throngs of people, then scan the bank reports and crop re-
ports and if there is anything in any particular department that should disturb the business man T do not
know where to locate it.
What we need most is more business optimism—the kind of optimism which does not balk at
shadows—the kind of optimism that looks the things of this world squarely in the face no matter whether
it be a Presidential year or an off crop year.
We always face something which may be distorted into business pessimism; but, why cultivate that
kind of pessimism?
It seems to me that it is a little short of down-right assininity to do this. To succeed a man must have
faith in himself and faith in his environment.
Therefore, if a man be downcast and disgusted with general conditions how can he expect to succeed,
for, really one of the fundamental causes of success in business is a positive attitude towards life and to-
wards everything that combines to give variety to existence.
I do not mean that people who are optimistic will not encounter the same kind of bumpers that all of
us strike now and then, for every man no matter how optimistic he may be may sit on a tack now and
then which will cause him to spring up with considerable emotion.
No, optimism does not always open the golden door which leads to great business success; but, as a
matter of fact there are mighty few men who succeed who have not confidence in themselves and in the
business conditions of the country.
If everybody becomes saturated with the idea that business will drag during the remainder of 1912,
you can rest assured that such will be the lamentable case; but, if thousands of business men all over the
country simply make up their minds to do business—enthuse the members of their staff with the same kind
of feeling, it will become contagious—it will spread.
That is the kind of optimism which should be encouraged, for that will benefit the world.
Optimism realizes that evil exists but insists that it should be eliminated.
Now, none of us will argue that business does not interfere with politics, for it does through our mis-
taken policy—but the more men who believe that it should and govern their business acts accordingly
are aiding trade depression rather than remedying it.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
RLYttW
EDWARD LYMAN BILL - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Stall:
GLAD. HENDERSON,
A. J. NICKLIN,
H. E. JAMASON,
AUGUST J. TIMPE,
C. CIIACE,
B. BRITTAIN WILSON,
W M . B. WHITE,
L, E. BOWERS.
BOSTON OFFICE:
JOHN H. WILSON, 324 Washington St.
Telephone, Main 6950.
PHILADELPHIA:
R. W. KAUFFMAN.
CHICAGO OFFICE:
E. P. VAN HARLINGEN, 37 South Wabash Ave.
Telephone, Central 414.
Room 806.
MINNEAPOLIS a n d ST. PAUL:
ST. LOUIS:
ADOLF EDSTEN.
This new move is but the rounding out of carefully matured
plans.
We are now publishing The Music Trade Review, which is
the oldest and best known publication of its class in the world;
The Talking Machine World, which occupies an unique position,
it being the journalistic exponent of the talking machine industries
in all English speaking countries, and, now, with the new move we
are in a position to serve the interests of our clients in a more
comprehensive manner than ever before.
The technical side of the business has not been overlooked by
us, for this is the only organization which has ever put forth a
series of technical books.
We have covered every department of the trade in this par-
ticular, embracing books on piano making, tuning, toning and regu-
lating—two books on the player-piano and more on their way
towards completion.
CLYDE JENNINGS
SAN FRANCISCO: S. II. GRAY, 88 First St.
DETROIT, MICH.: MORRIS J. WHITE.
CINCINNATI, O . : JACOB W. WALTERS.
BALTIMORE, MD.: A. ROBERT FRENCH.
INDIANAPOLIS, IND.: STANLEY H. SMITH.
MILWAUKEE, W I S . : L. E. MEYER.
LONDON, ENGLAND: 1 Gresham Buildings, Basinghall St., E. C.
Published Every Saturday at 373 Fourth 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,
$3.50; all other countries, $4.00.
ADVERTISEMENTS, $2.50 per inch single column, per insertion.
On quarterly or
yearly contracts, a special discount is allowed. Advertising Pages, $75.00.
REMITTANCES, in other than currency forms, should be made payable to Edward
Lyman Bill.
flnil Departments conducted by an expert wherein all ques-
allU
tions of a technical nature relating to the tuning, regu-
artmpntc
lating and repairing of pianos and player-pianos are
ICCllIUCai U e p d r l l l i e U l S . d e a i t h w ; t h, will be found in another section of this
paper. We also publish a number of reliable technical works, information concerning which
will be cheerfully given upon request.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900
Silver Medal.. .Charleston Exposition, 1902
Diploma.... Pan-American Exposition, 1901
Gold Medal
St. Louis Exposition, 1904
Gold Medal. .Lewis-Clark Exposition, 1905
LONG DISTANCE TELEPHONES-NUMBERS 5982 5983 MADISON SQUARE
Connecting all Departments.
Cable address " "Elbill, New York."
NEW YORK, JUNE 15, 1912.
EDITORIAL
HIS month, the latest departmental extension to this trade
newspaper institution, "La Maquina Parlante Mundo y
Noticias de Novedades," will make its appearance.
Many thousands of copies of this publication will be mailed
to business houses in all Spanish-American countries beginning
with Mexico straight down to the southernmost lands of South
America, covering the islands of the West Indies and the Philip-
pines.
This paper will be devoted to promoting the interests of talk-
ing machines, pianos, player-pianos and musical instruments.
It will reach all of the business houses who are now selling
these products in Spanish speaking countries and it will be mailed
as well to thousands of people who are live prospects to take on
musico-industrial creations.
The plan of campaign has been carefully mapped out and the
situation has been studied for years.
A Spanish organization has been created and the machinery
of the enterprise is moving forward with precision.
This new enterprise we believe is destined to become a power-
ful one in the development of trade relations with the countries
south of us.
It is well known that with the opening of the Panama Canal
countries on the west coast of South America will be brought
thousands of miles nearer to us and that will mean rapidly widening
markets for American products.
With the great wealth of South America and the love of the
Latins for music there is no good reason why American manufac-
turers should sit calmly by and see Europe capture the major por-
tion of the musical instrument trade in those countries.
This new publication will be gotten up in an interesting form.
It will not only contain news, but will contain many articles which
will be instructive and entertaining.
It will be a business publication of the highest character and
as an advertising medium it will have tremendous force,
T
REVIEW
HE expenses incident to the management of insolvent business
estates have increased so rapidly during the past few years
that when a concern strikes upon the shoals of financial disaster it
is usually figured that the creditors will not receive large dividends
from the estate.
Refreshing it is indeed to turn from the long list of badly
managed insolvent concerns to one which reflects good business
management and represents an honest failure.
We refer to the Clough & Warren Co., Detroit, Mich.
When this company failed some years ago it was stated openly
in the trade that the assets had been well exhausted before the final
crash came.
But, let us see!
Joseph A. Warren was appointed receiver with the Detroit
Trust Co., and dividends have been paid on the estate at various
intervals, until this week Mr. Warren has sent forth the announce-
ment that within ten days he will pay all of the creditors one hun-
dred cents on the dollar.
The creditors will waive interest on their claims and will re-
ceive immediate payment of the balance of the principal in full.
Mr. Warren has plans completed so that he will be enabled to
resume the business of the Clough & Warren Co. within thirty
days.
Surely after his splendid management of the affairs of this
company he will have the good wishes and hearty support not only
of the old creditors, but of business men everywhere who are
familiar with his splendid management of the assets of this com-
pany.
Mr. Warren is entitled to a prosperous business future and all
of his friends will join with The Review in extending him hearty
good wishes.
T
HE greatest possible difficulty is being experienced by teach-
ers and students of the piano in securing apartments in the
larger cities, particularly in New York and Berlin, where the neigh-
bors will not be annoyed by the playing of the exercises so essential
to a proper command of technique. In Berlin at least all this is to
be changed, for a musical palace on American lines, conducted by a
well-known American musician is about to be established in the
American quarter of the German capital. All the rooms are to be
fitted with pianos. Extra thick and padded walls will be con-
structed to obviate the possibility of vexation to the general public.
So high notes and scales can be practised with impunity.
The dreaded Berlin police have granted the house a limited
license in this respect. The sacred police hour of 10 p. m., limiting
singing and playing in private houses, may be infringed if the
house be isolated or surrounded by a large garden. Needless to
say, the non-musical inhabitants of the American quarter are glee-
ful at this development, which will insure them the repose lacking
hitherto in their German residences.
T
HE Fourth National Bank recently sent a letter to a large
number of leading mercantile establishments, wholesale
houses and manufacturing concerns throughout the United States
inviting expressions as to business conditions and the general trade
outlook. The canvass covered a wide territory, including cities of
Western,• Southwestern, Southern and Northwestern States. It
T

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