Music Trade Review
Issue: 1901 Vol. 33 N. 15 - Page 6
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
TWENTY-THIRD
YEAR.
EDWARD LYMAN BILL,
EDITOR AND PROPRIETOR.
J . B. S P I L L A N E , MANAGING EDITOR
Executive Staff;
EMILIE FRANCES BAUER
THUS. CAMPBELL-COPELAND
WALDO E. LADD
GEO, W. QUERIPEL
A. J. NICKLIN
Pnblished Every Saturday at 3 East 14th Street, New Yorfc.
SUBSCRIPTION (including postage), United States, Mexico
and Canada, $2.00 per year; all other countries, $4.00.
ADVERTISEnENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special discount
is allowed. Advertising Pages $ 0.00, opposite reading matter,
$75.00.
REfUTTANCES, in other than currency form, should be
made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second Class Matter
NEW YORK,
OCTT1271I90K
TELEPHONE NUMBER, 7745-EIQHTeENTH STREET.
THE
On the first Saturday of each
ARTISTS'
month The Review contains in its
DEPARTMENT " Artists' Department" all the cur-
rent musical news. This is effected
without in any way trespassing on the size or ser-
vice of the trade section of the paper. It has a
special circulation, and therefore augments mater-
ially the value of The Review to advertisers.
DIRECTORY OF
The directory of piano manu-
PIANO
facturing firms and corporations
MANUFACTURERS f o u n d o n p a g e 2 g w U 1 b e Q f g r e a t
value as a reference for dealers and others.
ish leaders in the direction contrary to which
their best interests lie.
The history of this industry is rich in in-
ventive minds, and some of the greatest en-
terprises were established by humble work-
men whose ambition led them steadily up the
pathway of human progress to fame and
wealth. It was only a few years ago that the
ranks of piano makers were filled with men
who were not only practical mechanics, but
inventors, scale drawers. To-day, notwith-
standing the fact that piano making, as an
industry, is vastly more important than ever,
there are probably fewer mechanics skilled
in every department of the business than ever
before.
What will the effect of this be upon the fu-
ture of piano-making in America? Surely
we haven't reached a stage in acoustical de-
velopment beyond which it is impossible to
go. We can hardly believe that we have ar-
rived at the point reached by Herreshoff
in the yachting world, beyond which devel-
opment is impossible.
that certain friends of the dealer had found
in him a good thing. They had been draw-
ing rich profits from his business, and had
helped prop it up as long as there was a pos-
sibility of fat pickings remaining. When the
final crash came they were protected, but
the merchandise creditors were left, some
of them to the extent of many thousand dol-
lars.
It was reported two days after the fail-
ure that some other manufacturer proposed
to back him in a new business venture, be-
cause he had an excellent reputation as a
salesman and could get out the pianos in
great numbers.
It pays to keep the closest watch upon
credits, for sometimes those who are report-
ed to be all right locally are, perhaps, in
league with others to work the over-confiding
piano man.
PUMPING LIFE IN THE TRUST.
T H E p i a n o trust
Will the piano trust
scheme be revived ?—
New life promised—
Trusts should be com-
pelled to make reports
concerning their finan-
ces.
scheme, which has
b e e n incubating for
THE NECESSITY OF INVESTIGATION.
some weeks past, will
"T
HE
recent
collapse
now be brought forth,
Failure of a western
EDITORIAL,
dealer shows a gross
of a n old-time and a further attempt will be made to arouse
betrayal of confidence
—Piano manufactur-
Western dealer shows fresh interest in the project.
WHAT OF THE FUTURE?
ers not to press crim-
the
necessity of making
Where will our music ' T HE student of the
i n a I charges—T h e
It is too hopeless a case, however, to take
t r a d e inventors be
need of investigation.
evolutionary pro-
the most complete and seriously to-day, and by no vitalizing system
found ? —The unions
are levelers—Individu-
cess which is gradually thorough investigation before the granting controlled by its originators can it be pumped
ality not encouraged
—F e w e r mechanics changing the status of
of extended credits. The necessity, too, is into a semblance of life. New theories and
skilled in all branches
than ever.
apparent
of a careful study of State laws schemes may be evolved, but there must be
labor in all civilized
countries, finds a subject for thought in the before extensive shipments are made to men men behind the inceptive move in whom the
effect of trade unions, in the future, upon the who are believed to be a trifle lax in their trade can repose a certain amount of confi-
business methods.
inventhre department of industry.
dence. It will be a long time before the piano
This case in point: The dealer was an old trust stock is listed on the Exchange. Trusts
Is it not a fact that the unions are great
levelers? Do they not discourage individ- soldier, a man who had been in business for as a whole, have ceased to be a matter of
ual thought or ambitious work on the part of many, very many years in one locality. He dominating interest, but, of course, great
members? Will not such methods, if fol- had gained a certain following in business consolidations will go steadily on. Certain
lowed out for a term of years, have a ten- as well as musical circles. He was believed States will probably pass stringent laws reg-
to be strictly honest, and manufacturers, ulating trusts. One of the favorite remedies
dency to discourage future inventions?
To-day the unions not only dictate as to trusting largely to his local reputation, con- proposed for the evils which are supposed to
hours, but as to particulars regarding assign- tinued to supply him with instruments until cling to modern consolidations is publicity
ment of work, and by their stipulations am- an indebtedness of nearly forty thousand dol- concerning their affairs. We believe that
bitious young men are held back upon the lars was created. The critical point was this is urged particularly by those who would
same plane as the drone. The unions are not reached and an investigation of his affairs like to have the interest of innocent purchas-
stimulative to individual effort. They have revealed the fact that, while this man had ers of trust stock properly guarded. Legis-
a tendency to crush individuality and merge been, we may say, superficially honest, he lation is, of course, proposed as it always is,
everything into one colossal organization. had allowed and had given sanction to mat- but it has seemed that self-interest would
If the unions' rules remain unchanged in this ters which placed hinr'across the border line prove far more efficacious.
particular, from what source will the invent- of honesty.
In the financial columns of the daily news-
ors of the future spring?
1 Ie not only had made false representations papers, the methods of the management of
The patent records of Great Britain do not concerning his finances, but had sold consigned our railroad companies, and of the directors
show that labor unions, which dominate that stock, for which he gave no accounting. of our iron and steel stocks, have been con-
country, have been conducive to inventive One of the representatives of a concern which trasted to a disadvantage of the latter. The
ideas. In fact, the unions have compelled had suffered a heavy loss, investigated the demand is being reiterated, that those in con-
manufacturers to remove certain machinery causes which led up to his failure, became trol of iron enterprises, whose stocks are reg-
on the ground that its maintenance was an convinced of his rascality, and proposed to ularly listed, shall do more than submit an
injury to the workingman.
push a criminal charge against him. He was annual report. It is urged that a monthly
While no one will for one moment deny the dissuaded by his attorneys, who told him that statement of gross and net earnings be issued
right of labor to organize, yet it would be no jury could be found in that city who would to stockholders, so that they may be better
well for the men themselves to consider if convict him of irregularities.
informed as to the progress of the enterprise
they are not being blindly led by many self-
A further investigation revealed the fact in which they have placed their money. This
THE MUSIC TRADE REVIEW
TWENTY-THIRD
YEAR.
EDWARD LYMAN BILL,
EDITOR AND PROPRIETOR.
J . B. S P I L L A N E , MANAGING EDITOR
Executive Staff;
EMILIE FRANCES BAUER
THUS. CAMPBELL-COPELAND
WALDO E. LADD
GEO, W. QUERIPEL
A. J. NICKLIN
Pnblished Every Saturday at 3 East 14th Street, New Yorfc.
SUBSCRIPTION (including postage), United States, Mexico
and Canada, $2.00 per year; all other countries, $4.00.
ADVERTISEnENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special discount
is allowed. Advertising Pages $ 0.00, opposite reading matter,
$75.00.
REfUTTANCES, in other than currency form, should be
made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second Class Matter
NEW YORK,
OCTT1271I90K
TELEPHONE NUMBER, 7745-EIQHTeENTH STREET.
THE
On the first Saturday of each
ARTISTS'
month The Review contains in its
DEPARTMENT " Artists' Department" all the cur-
rent musical news. This is effected
without in any way trespassing on the size or ser-
vice of the trade section of the paper. It has a
special circulation, and therefore augments mater-
ially the value of The Review to advertisers.
DIRECTORY OF
The directory of piano manu-
PIANO
facturing firms and corporations
MANUFACTURERS f o u n d o n p a g e 2 g w U 1 b e Q f g r e a t
value as a reference for dealers and others.
ish leaders in the direction contrary to which
their best interests lie.
The history of this industry is rich in in-
ventive minds, and some of the greatest en-
terprises were established by humble work-
men whose ambition led them steadily up the
pathway of human progress to fame and
wealth. It was only a few years ago that the
ranks of piano makers were filled with men
who were not only practical mechanics, but
inventors, scale drawers. To-day, notwith-
standing the fact that piano making, as an
industry, is vastly more important than ever,
there are probably fewer mechanics skilled
in every department of the business than ever
before.
What will the effect of this be upon the fu-
ture of piano-making in America? Surely
we haven't reached a stage in acoustical de-
velopment beyond which it is impossible to
go. We can hardly believe that we have ar-
rived at the point reached by Herreshoff
in the yachting world, beyond which devel-
opment is impossible.
that certain friends of the dealer had found
in him a good thing. They had been draw-
ing rich profits from his business, and had
helped prop it up as long as there was a pos-
sibility of fat pickings remaining. When the
final crash came they were protected, but
the merchandise creditors were left, some
of them to the extent of many thousand dol-
lars.
It was reported two days after the fail-
ure that some other manufacturer proposed
to back him in a new business venture, be-
cause he had an excellent reputation as a
salesman and could get out the pianos in
great numbers.
It pays to keep the closest watch upon
credits, for sometimes those who are report-
ed to be all right locally are, perhaps, in
league with others to work the over-confiding
piano man.
PUMPING LIFE IN THE TRUST.
T H E p i a n o trust
Will the piano trust
scheme be revived ?—
New life promised—
Trusts should be com-
pelled to make reports
concerning their finan-
ces.
scheme, which has
b e e n incubating for
THE NECESSITY OF INVESTIGATION.
some weeks past, will
"T
HE
recent
collapse
now be brought forth,
Failure of a western
EDITORIAL,
dealer shows a gross
of a n old-time and a further attempt will be made to arouse
betrayal of confidence
—Piano manufactur-
Western dealer shows fresh interest in the project.
WHAT OF THE FUTURE?
ers not to press crim-
the
necessity of making
Where will our music ' T HE student of the
i n a I charges—T h e
It is too hopeless a case, however, to take
t r a d e inventors be
need of investigation.
evolutionary pro-
the most complete and seriously to-day, and by no vitalizing system
found ? —The unions
are levelers—Individu-
cess which is gradually thorough investigation before the granting controlled by its originators can it be pumped
ality not encouraged
—F e w e r mechanics changing the status of
of extended credits. The necessity, too, is into a semblance of life. New theories and
skilled in all branches
than ever.
apparent
of a careful study of State laws schemes may be evolved, but there must be
labor in all civilized
countries, finds a subject for thought in the before extensive shipments are made to men men behind the inceptive move in whom the
effect of trade unions, in the future, upon the who are believed to be a trifle lax in their trade can repose a certain amount of confi-
business methods.
inventhre department of industry.
dence. It will be a long time before the piano
This case in point: The dealer was an old trust stock is listed on the Exchange. Trusts
Is it not a fact that the unions are great
levelers? Do they not discourage individ- soldier, a man who had been in business for as a whole, have ceased to be a matter of
ual thought or ambitious work on the part of many, very many years in one locality. He dominating interest, but, of course, great
members? Will not such methods, if fol- had gained a certain following in business consolidations will go steadily on. Certain
lowed out for a term of years, have a ten- as well as musical circles. He was believed States will probably pass stringent laws reg-
to be strictly honest, and manufacturers, ulating trusts. One of the favorite remedies
dency to discourage future inventions?
To-day the unions not only dictate as to trusting largely to his local reputation, con- proposed for the evils which are supposed to
hours, but as to particulars regarding assign- tinued to supply him with instruments until cling to modern consolidations is publicity
ment of work, and by their stipulations am- an indebtedness of nearly forty thousand dol- concerning their affairs. We believe that
bitious young men are held back upon the lars was created. The critical point was this is urged particularly by those who would
same plane as the drone. The unions are not reached and an investigation of his affairs like to have the interest of innocent purchas-
stimulative to individual effort. They have revealed the fact that, while this man had ers of trust stock properly guarded. Legis-
a tendency to crush individuality and merge been, we may say, superficially honest, he lation is, of course, proposed as it always is,
everything into one colossal organization. had allowed and had given sanction to mat- but it has seemed that self-interest would
If the unions' rules remain unchanged in this ters which placed hinr'across the border line prove far more efficacious.
particular, from what source will the invent- of honesty.
In the financial columns of the daily news-
ors of the future spring?
1 Ie not only had made false representations papers, the methods of the management of
The patent records of Great Britain do not concerning his finances, but had sold consigned our railroad companies, and of the directors
show that labor unions, which dominate that stock, for which he gave no accounting. of our iron and steel stocks, have been con-
country, have been conducive to inventive One of the representatives of a concern which trasted to a disadvantage of the latter. The
ideas. In fact, the unions have compelled had suffered a heavy loss, investigated the demand is being reiterated, that those in con-
manufacturers to remove certain machinery causes which led up to his failure, became trol of iron enterprises, whose stocks are reg-
on the ground that its maintenance was an convinced of his rascality, and proposed to ularly listed, shall do more than submit an
injury to the workingman.
push a criminal charge against him. He was annual report. It is urged that a monthly
While no one will for one moment deny the dissuaded by his attorneys, who told him that statement of gross and net earnings be issued
right of labor to organize, yet it would be no jury could be found in that city who would to stockholders, so that they may be better
well for the men themselves to consider if convict him of irregularities.
informed as to the progress of the enterprise
they are not being blindly led by many self-
A further investigation revealed the fact in which they have placed their money. This
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