Music Trade Review

Issue: 1919 Vol. 68 N. 23

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12
THE
MUSIC
TRADE
REVIEW
JUNE
7, 1919
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ESTABLISHED
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REPRODUCING PIANOS
PLAYE R S
GRANDS
UPRIGHTS

Buill
10
Achieve Distmelton
MAIN · OFFICES and FACTORIES :: BALTIMORE, MD.
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JUNE
THE
7, 1919
MUSIC . TRADE
13
REVIEW
CONVENTION OF THE MUSIC INDUSTRIES CHAMBER OF COMMERCE-( Continued from page 11)
market, so to speak, a fter holidays and after
inventory is taken, see the new styles and place
our orders at a season of the year when we
shall require stock. Fine musical attractions
should insure large public attendance in the
winter season, which is the amu se ment period,
and a wealth of publicity might be capitalized
by every retail merchant in America. If, how­
ever, under prop·er management the show should
fail to be a great success under the above cir­
cumstances, I should advise that no further
music shows be held, but if it meets with the
success that I feel confident it will it would
give greater impetus to the music trade gener­
ally, would dignify our industry and help every­
where to bring music into its own.
Tribute to the Late Frank W. Teeple
I wish here to pay high tribute to the memory
of our dearly beloved past president, Frank W.
Teeple, who has passed to the Great Beyond dur­
ing the last year. He was a man of sterling
quali ties, beloved by his associates, and our
trade has lost a loyal supporter and a man of
the finest character.
I trust that appropriate resolutions will be
passed at this meeting. I ask that all stand
for a moment with _bowed heads in reverence to
our departed friend and loyal co-worker.
My report would not be complete were I to
fail to thank the officers, the heads of the dif­
ferent bureaus, the division heads, the trade
paj:ters, C. L. Dennis, Alex. McDonald, George
IN. Pound and others, for their fine co-operation
given the Chamber during the past year.
In conclusion, it is safe to say you have .all
had the best year in history. Have our natiO'hal
orga~izations played an important part in your
stlccess? If so, do you recognize this fact by
giving them whole-hearted financial support?
The Chamber of Commerce needs your support
now: Can it depend on you doing your share
the coming year?
his recent transcon ti nen tal trip in the interests
of the advancement of music. He said:
v\-e are assembled in the second annual con­
vention of the Music Industries Chamber of
Commerce of the United States of America. A
year ago we were in the midst of the alarums
of war, the entire world was in an exhausted
state, mentally, morally, physically, financially,
all industry trying to vindicate its right to be,
our own threatened with total extinction.
To-day we meet in a time of peace.
The
world has been bought and paid for with blood.
Geo. W. Pound, General Counsel
The morning stars made answer to the shout of
r
the sons of God. The war is over. "The cap­
The next order of business was the reading of tains and the kings depart." Our industry has
the .report of F. H. B. Byrne, the treasurer, been preserved, olir factory, our store, our busi­
whicH' was in full as follows:
ness organization is intact and upon a firmer,
REOEIPTS
clea ne r and more dignified and profitable basis
For ,N atiollal B'lI.,.eo1f. for Advance'm ent of M ·u sie:
than ever befo re.
From Special Fund to June 3, 1918
$37,65
From .rent .........................
250.00
We suffered no actual curtailment during the
From donations ...................
175.00
war. Our only depression came from a labor
From sale of labels.................
II 1.23
shortage in common with all other business.
Fr<>m sale of" mats and advertising
We were always given the lowest and least war
materials .................•......
796.34
From sale of panels ...........•....
672.80
revenue taxation put upon any industry, and we
3,220.00
From special advertising-N. Y. Globe
will soon be entirely free from even that. We
595.00
From special advertising-No Y. Times
. were successful in every effort and fight made
From co-operative "advertising ..•....
1,165.53
ill Washington. The industry has been more
T-otal .......................... .
$7,023.55
signally fa vo r cd the re since that day early in
From Other So·urces·
the Great War when we made and won our _fight
From dues- individual members .••••
$800.00
for rec ognition .
Vicious legislation in Con-
625.00
From dues--division members ....•..
THE TREASURER'S REPORT
From interest on bank balance ..... .
19.26
From National Piano Manufacturers'
Associati on ...................... 20,000,00
Fr.om :N~tional Association of pjano
Merchants . ......... .............. 10,500.UO
From National Organ Builders' Asso- '
eiation
...•..•................
1.50000
Fr()m subscriptions-Supply Division.
6,501 96
200.00
Fr.(}~ subscriptions-Music Trades Co.
From subscriptions--,Rudo.Jph Wurl'it­
1,000.00
zer Mfg. Co. .. . .......... .
41,146.22
Total receipts ............. .
Balance on hand June 3, 1918 .. .
$48,169.77
903.89
$49,073.66
Total
DISBURSEMENTS
For general o·ffices ................. . $21,533.04
For Better Business Bureau.........
2)324.25
For National Bureau for Advance­
ment of Music................... 24,765 .20
Total disbursements
...............
$48,622.49
F. H. B. Byrne, Treasurer.
gress and in the various States was defeated.
Balance on hand May 29, 1919 ....... .
$451.17
GEORGE W. POUND'S REPORT
The next item was the report of the general
counsel, Geo. W. Pound.
NIr. Pound told of
theWQrk that has been carried on by his de­
partment since the last conve.ntion and about
All in all, let us rejoice in the fact, our industry
emerged from the war with fewer scars than
any other industry.
The Zenith of Pro~perity
'vVe are now in the zE'nith ~f our prosperity.
WI! should not be lulled by obr present peace
a~d prosperity, so as ·to omit preparation for
the future. Let us strive to stand the test of
plOsperity in peace as we stood it in war. There
are many reasons why America will have con­
tinuing prosperity:
A new merchant marine
that we never had before; foreign demand for
our goods; our shelves are empty; our cities
require vast building projects; we have learned
that waste is criminal; America has lost little
man power in the war, Europe lost much; we
should now export manufactured products where
in the past we have principally exported raw ma­
terials; we have learned to produce at home
what we formerly imported; the prosperity the
war has created with us will provide a purchas­
ing power for the next several years; the profits
from foreign trade will circulate here in Amer'­
ica; we have spread a knowledge of our manu­
facturing and efficiency abroad in the world­
We have been advertised; our railroads and all
public projects will require repairs and exten­
sions; most of th e world's financing will be
done here, with the natural result that pur­
chases of materials and supplies will be made
here; Germany will not for many years be a
competi tive factor, her trade a tten tion bei ng
naturally turned to Russia and the East; the
extended use of the tractor on the farm, making
for economy and quantity of production; new
ideals have been given the world, American ma­
chinery and goods introduced everywhere. \I\'-e
may be unprepar ed for peace-but that is what
they said about us for war. In 1914 we imported
ten principal articles of luxury of the money
value of $120,000,000.
In th e present fiscal
year imports of this kind will not exceed in
money value $60,000,000.
Productiveness Not Uniform
It is interesting to observe the varying pro­
ductiveness of our country. Let us take the ten
principal musical instr~m ent -producillg States
for analysis:
Per
Population Manufacturing Capita
State
in 1914
in 1914
Output
New Jersey .. . . 2,815,663 $1,406,633,414 $500
1,641,373,047 - 455
Massachusetts. . 3,605,522
545,471,517
454
Connecticut .. . 1,202,688
New york .. .. . 9,899,761
3,314,661,114 385
2,247,322,819
375
Illinois ...... . 5,986,781
1,086,162,432
365
:Michigan ... .. . 2,976,030
1,782,808,279 355
Ohio ...... . .. . 5,026,898
2,332,349,437
343
Pennsylvania .. . 8,245,967
695,172,002 284
Wisconsin .. .. . 2,446,716
. 730,795,021
263
Indiana ...... . 2,779,467
German Preparation
During th e war German industry has gone
through the process of amalgamation and syndi­
cation. The trusts and cartels in Germany,
which before the war were large, have been in­
creased in size, mainly for the purpose of after­
the-war compe tition. Germany has taken every
means o f meeting after-the-war competition, alld
is said to ha ve been piling up supplies of such
manufactured goods as musical instrumelt:>,
fancy wares, po't tery, glassware, potash , dyes,
synthetic products, etc. She is planning to USf
the neutral countries through which to develor
trade, and has already put into operation sev­
eral new and , entirely reorganized Government
departments dealing with trade and commerce
I doubt if GermaJ1Y will be able, eveil with
these methods, to compete for a long time to
come, but she is definitely dealing with the prob­
lem.
In spite of' the many cares that have
rested on Great Br.itain' during the last bur
years, the British Government and Britis'l pe ,)­
pIe have found time' to. think of foreign trade.
Britain's ' ·preparatiojl-s_. for after-the-war trade
are more complete' aHd . far-reaching than per­
haps any other na-tion's,-. Great Britain has
formed what is known as ' the "British TradE'
Corporation/' with a_capita-l bf about $50,000,000.
Great Britain is planning the close con trol
of raw materials so that raw materials may be
insured to British industry. - The tariff is under
disct)ssion in Great Britain, and it is likely that
some ItteaSUre of protection, at least for the
. (Continued on page 15)
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