Music Trade Review

Issue: 1918 Vol. 67 N. 20

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE REVIEW
PUBLISHED BY EDWARD LYMAN BILL, Inc
President and Treasurer, C. L. Bill, 373 Fourth Ave., New York; Vice-President, J. B.
Spillane, 373 Fourth Ave., New York; Second Vice-President, J. Raymond Bill, 373
Fourth Ave., New York; Assistant Treasurer, Wm. A. Low.
J. B. SPILLANE, Editor
J. RAYMOND BILL, Associate Editor
Executive and Reportorlal Staff:
B. BKITTAIN WILSON, CARLETON CHACE, L. M. ROBINSON, WILSON D. RUSH, V. D. WALSH,
W M . BRAID W H I T E (Technical Editor), E. B. MUNCH, A. J. NICKLIN, L. E. BOWERS
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under the Act of March 3, 1879.
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Departments conducted by an expert wherein all ques-
tions of a technical nature relating to the tuning,
regulating and repairing of pianos and player-pianos
are dealt with, will be found in another section of
this paper. We also publish a number of reliable technical works, information concern-
ing which will be cheerfully given upon request.
Player-Piano and
Technical Departments
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NEW YORK, NOVEMBER 16, 1918
No. 20
NOVEMBER 16, 1918
ation of war contracts, if and when such cancelation is to be made,
raw materials so made available will be released and allocated by
the War Industries Board for use in supplying civilization and
export demands which through curtailment have been held in check
during the war."
.
Proof of the Government's intention to remove restrictions
from industries is found in the fact that immediately upon the
signing of the armistice with Germany the Priorities Commissioner,
as reported elsewhere in The Review, doubled the volume of pro-
duction allowed to the piano industry and increased the allowance
of metal to the talking machine industry from 40 per cent, to
70 per cent.
the most res«£tful meeting of-the National Piano
P ROBABLY
Manufacturers' Association ever held in the history of that
body was the session on Friday of last week at the Hotel Astor,
for the discussion of the general situation as related to the supplies
of tuning pins and other metal products necessary for the con-
struction of-pianos. The success of the meeting was undoubtedly
due irj a large measure to the masterly efforts of Paul B. Kliigh,
president of the association, who had the foresight to lay "out a
definite program to be followed at the meeting, and combined with
that foresight the ability to analyze quickly and accurately various
more.or less confusing situations.
The piano manufacturers and supply men got together on
an understandable basis, with the result that the former left the
meeting with a definite knowledge of the situation as it exists and
what they might expect in the near future. There has been much
said and written regarding the manner in which the piano trade has
gotten together as a result of war conditions, but the meeting last
week was a positive illustration of the effectiveness of this get-
together spirit. The habit of working together in harmony has
been so strongly established during the past year it should not
be allowed to fall. With that spirit, the coming year should witness
a development in piano manufacturing and selling to an extent
hitherto unknown.
EDITORIAL=
N idea of the fertile field for piano merchants in the North-
A
west this year may be estimated from the fact that the total
value of the crops of wheat, oats, barley, rye, corn and flaxseed, in
The Review went to press last week, there came a premature
A S report
of the signing of an armistice between the Allies and
the States of Minnesota, North Dakota, South Dakota and Mon-
tana, according to figures compiled by the Northwestern National
Bank of Minneapolis, will be in the neighborhood of $1,250,000,000
this year. These States will produce 272,009,000 bushels of wheat,
287,159,000 bushels of oats, 114,219,000 bushels of barley, 37,295,000
of rye, 234,418,000 of corn, and 15,462,000 of flax. The total
of new wealth thus created will be distributed as follows: Minne-
sota, $439,915,380; North Dakota, $338,716,240; South Dakota,
$376,170,150, and Montana, $89,137,760.
A goodly share of this great volume of new wealth in the North-
west has been given to the support of the Government through the
purchase of Liberty Bonds, but this is a worthy and necessary invest-
ment that is going to afford the owners of these bonds an income
that will enable them to buy pianos, players—in fact, every form of
musical instrument—in due time. A billion and a quarter of dol-
lars means the dissemination of a great deal of money for such
necessities as music in the home, after responding fully to the
financial needs of the Government.
%
Germany, but on Monday morning New York was awakened with
the shrilling of sirens, the blowing of horns and the clanging of
bells, to learn that Washington had formally reported the signing
of an armistice with Germany to become effective that morning.
It is of course realized that the signing of an armistice simply
means a cessation of hostilities and that a definite declaration of
peace is necessary to bring an actual end to the war, but with an
armistice in operation a peace treaty seems to be practically certain.
The piano trade in the United States has been privileged to
participate and indirectly to bring to end the greatest war in the
world's history. It was the entrance of America into the combat
that spelled the final overthrow of the Central Powers, and the
piano trade, through its members in actual service, and through its
support of the Government in every particular at home, has con-
tributed its share to the winning of the victory.
Now comes the period of reconstruction—the period of getting
back from a war to a peace basis. Industry will have its troubles,
but they will be the problems of peace rather than those of war,
and they can be solved with a feeling that the solutions are working
towards a greater development of the industry. An industry that
has stood up so nobly under the stress of war cannot fail to forge
ahead to the front rank during the period that is to follow.
ANUFACTURERS in the. music trade field will be interested
M
to read elsewhere in The Review the statement issued by
Bernard N.- Baruch, chairman of the War Industries Board, as to
the policy to be pursued following the signing of the armistice with
Germany in regard to the readjustment of war business on a peace
basis, to the end that manufacturers are supplied with raw materials
of sufficient volume to be able to supply the needs of their customers
and afford a larger employment of labor.
Mr. Baruch, in brief, says: "As the demand for raw materials
is lessened by the reduction of war requirements, and the cancel-
T
HE supreme factor in American business to-day is the Govern-
ment. Through its power to regulate the distribution of fuel
and materials it controls practically all the industrial activity of the
country. Through its military and industrial powers it affects all
labor. By price-fixing it controls mining and important agricultural
operations. By licensing and priorities it controls traffic on both
land and sea. It operates railways, shipyards, munition plants. It
owns navy yards, armories, gun factories and powder plants.
An unprecedented degree of the power of industry has, because
of a people's passion for victory, beeri willingly given lip to those
in authority over us, says Harry A. Wheeler in the course of an
interesting article in the Nation's Business. Yet business lives. The
Government desires it to live. The Government calls upon it to pre-
serve, to strengthen its own organizations. The Government urges
it, not only to make its voice heard now, but to take serious counsel
regarding the future.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
NOVEMBER 16, 1918
5
THE WAR IS OVER—NOW FOR BUSINESS
(Continued front page 3)
as it is to-day. It means that both divisions of the trade must be able to finance themselves to a great degree,
and to finance themselves means to get cash, or what approximates cash, for the goods they sell.
The trade has had its baptism of fire and the lesson should not go unheeded. The public has been edu-
cated up to substantial prices and cash or short-term buying. It took a war to bring about a selling system
that has been advocated for decades. Let this most desirable selling system, adopted through sheer-necessity,
be maintained from choice.
Without doubt the loosening up of the material market will bring with it a reduction in manufacturing
costs and a subsequent reduction in the price of manufactured products. So much the better from the selling
viewpoint, for more reasonable prices will mean a broader field of distribution.
,
There will be many material benefits to business as a result of the end of the war, aside from the victory
which we have achieved. Let the music trade hold on to the sound credit system as representing one !of
these lasting benefits.
'
FLOOR TAX CLAUSE IS KILLED
Sections 909 and 910 of War Revenue Bill Pro-
viding for Floor Taxes on Manufacturers',
Wholesalers' and Retailers' Stocks Removed
George W. Pound, general counsel of the
Music Industries Chamber of Commerce, an-
nounced this week that as a result of strong ar-
guments made by himself and representatives of
other industries against the inclusion of the
provisions for a floor tax on musical instru-
ments in the new War Revenue bill, the Senate
Finance Committee had removed from the bill
Sections 909 and 910 providing for such a tax.
The seriousness of the floor tax and the dan-
ger it presented to the industry, particularly re-
tailers, was early recognized and strong efforts
immediately put forth to have it removed. As
it stood in the original draft of the bill, a floor
tax of 10 per cent, was levied on all musical in-
struments in the hands of manufacturers, whole-
salers and retailers at the time the bill became
a law, and a payment of this tax would have
proven a heavy burden on piano men generally,
and, in fact, would have threatened bankruptcy
to some of them.
The floor tax iii the present War Revenue bill
applies only to wholesalers, but the proposed
clause in the new measure would have affected
retailers also. The successful fight resulting in
the removal of the objectionable clause from the
bill is looked upon as a decided victory for the
industrial organization, and it is believed that
no attempt will be made to reinsert the same or
similar clauses before the bill becomes a law.
WAR INDUSTRIES SOON TO
BE BACK ON PEACE BASIS
Raw Materials Now Needed for U. S. Contracts
Will Be Released, Announces Chairman Ba-
ruch—Committee to Make Adjustment
WASHINGTON, D. C, November 11.—Now that
we are on the last lap toward a permanent peace
following the signing of the armistice terms with
Germany on Monday morning, it is interesting
to note the attitude of the War Industries
Board toward the resumption of general in-
dustry and the supplying of needed raw mate-
rials to meet the demands of our manufacturers.
In-this connection Bernard N. Baruch, chairman
of the War Industries Board, we understand,
has adopted a policy.for the period between the
signing of an armistice and the agreement on
peace terms.' He has just announced that busi-
ness is to be let back into peace channels
gradually to prevent any disorder or unfair ad-
vantages.
The man who has been manufacturing war
supplies will be relieved of his contracts bit by
bit, so as to prevent confusion or loss. At the
same time the man who has not been engaged
on Government work will be held in check to
keep him from getting ahead of his old peace-
time competitor.
PRIORITIES COMMISSIONER GRANTS PERMISSION
TO PIANO INDUSTRY TO DOUBLE OUTPUT
In Telegraphic Order Issued on Monday He Permits of Production Not Exceeding Two-Thirds of
That of 1917—Order Accepted as Good Omen by Piano Men
'
The signing of the armistice with Germany, announced on Monday of this.week,
brought joy to the piano manufacturing industry in more ways than one, for Ion the
same day there came from Edwin B. Parker, Priorities Commissioner in Washington,
a telegraphic order permitting the piano manufacturers to increase their outpiit from
one-third to two-thirds of their 1917 output, as computed under existing curtailment
orders.
On Monday, George W. Pound, general counsel of the Music Industries Chamber
of Commerce, received a telegram from Mr. Parker which read:
"Account favorable war developments restrictions on piano industry in-
cluding pianos and player-pianos and automatic pianos and parts therefor
are hereby so modified that for last four months of 1918 the production by
said industry will be on basis of not exceeding two-thirds of four-twelfths of
1917 production, instead of one-third, as provided heretofore; in all other re-
spects rules and regulations remain in full force and effect. Please notify all
members of your industry."
The piano men were enthusiastic over the receipt of the telegram not alone be-
cause it will permit them to increase their production^ but because it is to be ac-
cepted as an indication that the authorities in Washington are, and will be, inclined
to grant relief to industries now laboring under restriction as soon as it is possible to
do so. They see in the order of the Priorities Commissioner bright prospects of an
early return to normal conditions in the matter of production, unless there is sortie un-
expected hitch in the European situation.
It is believed that if Mr. Baruch desires legis-
lation to carry out his back-to-peace-time pro-
gram it will be granted, for he is popular with
Congressmen. This is his announcement:
"For some time to come, assuming the armis-
tice will be signed, for a period to be deter-
mined by the War Making Agencies of the Gov-
ernment, Government contracts must continue
on a wide scale. This circumstance applies to a
considerable share of present contracts.
"As the demand for raw materials is lessened
by the reduction of war requirements and the
cancelation of war contracts, if and when such
cancelations be made, the raw materials so
made available will be released and allocated
by the War Industry Board, for use in supply-
ing civilian and export demands, which through
curtailment have been held in check during the
war.
"In addition to the ordinary commercial re-
quirements there will be a heavy flow of mate-
rials thus released to supply the demand for the
great reconstructional work required by the
European countries.
"At the same time there is to be a gradual
lifting of the restrictions and curtailments that
have been imposed upon industry by the ex-
igency of the war so as to allow as promptly as
possible free flow of all supplies into peace chan-
nels.
"The War Industries Board will continue to
exercise its functions until the peace treaty is
signed, to the end that the readjustment of the
matters on which it has been acting tmay be
made in as orderly a manner as possible^
"A committee named by the President has
been and is now at work to devise the best
mechanism of bringing about the adjustments
from a war to a peace basis. The report of
the committee may take the form of suggested
legislation.
'•
"The whole effect of the readjustment plans
will be to the end of bringing about necessary
changes with as little dislocation as possible and
the full opportunity for all to benefit as in the
past by individual ingenuity, vision 'a"nd fair
dealing."
:;. •> .
TWO NEW INCORPORATIONS
The . Westfall-MarJZ; I^u^?.i£Q.j-.wa5 ; r incor-
porated this week'at Delaware wTtfr~#' T capital
of $50,000. The incorporators are D. J. West-
fall, M. M. Martz, W. D. Martin, all of Pitts-
burgh.
The L. Yosko Mfg. Co., located at 226 West
Thirty-seventh street, New York City, has been
incorporated for the purpose of handling guitars,
mandolins and other musical instruments. The
capitalization of the concern is $10,000.
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