Music Trade Review

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THE
7VYUSIC T R H D E
TWENTY-THIRD^YEAR.
REVIEW
EDWARD LYMAN BILL,
tllTOR AND PROPRIETOR.
J. B. S P I L L A N E , MANAQINQ EDITOR.
Executive Staff:
THOS. CAMPBELL-COPELAND
EMILIE FRANCIS BAUER
WALDO E. LADD
GEO. W. QUERIPEL
A. J. N1CKI.IN
PntllsM Every satnrflay at 3 East 14th Street, New Yorfc
SUBSCRIPTION (including postage), United States*,
Mexico ard Canada, $2.00 per year; all other countries,
*4.00. %
ADVERTISEnENTS, #2.00 per inch, single column, per
insertion. On quarterly or yearlv contracts a special dis-
count iB allowed. Advertising Pages $50.00; opposite
reading matter, $75.00.
REniTTANCES, 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, FEB. 15, J902.
TELEPHONE NUMBER, 1745-EIOHTEENTH STREET.
On the first Saturday of each month
The Review contains in its "Artists' De-
partment" all the current musical news.
DEPARTMENT This i.s effected without in any way tres-
passing on the size or service of the trade
section of the paper. It lias a special circulation, and
therefore augments materially the value of The Review
to advertisers.
DIRECTORY OF
The directory of piano manufac-
PIANO
turing firms and corporations found
MANUFACTURERS on page 13 will be of great value as
a reference for dealers and others.
THE
ARTISTS
EDITORIAL
Don't overlook the Review offer of $100 in cash
prizes on page 19. Details will interest you.
PAYS TO BE IN
Action of the Asso-
ciation of vast benefit
to New York dealers—
Trying to kill an in-
jurious bill at Albany
— Value of Associa-
tions.
PREPAREDNESS."
actual benefits
T HE of association
work
was clearly demonstra-
ted when The New York
P i a n o Manufacturers'
Association sent a delegation to Albany to
protest against the passage of a bill, which,
it placed upon the statutes, meant the crush-
ing out of hundreds of small piano dealers
in this State and the withdrawal of $1,000
in cash from the resources of all the rest
who wished to do an installment business.
Here was an emergency in which the asso-
ciation immediately proved itself not only
competent, but willing to grapple with a
threatening element. If no association had
been in existence, it is possible that no con-
certed action would have been taken,
because every man is prone to wait for
the "other fellow" to take the initiative.
There are many times when the value of an
association to take hold of matters which are
of vital interest to the industry are apparent,
and it is not well to wait until such time ma-
terializes before preparations are made. The
isolated individual amounts to comparatively
little, but the united efforts of many act as
a powerful stimulus to bring about the de-
sired results and to uproot destructive legis-
lation.
"Preparedness" is the keynote of success
in this world, and the organization which is
in readiness to crush out any measure which that State insists upon surrounding business
threatens the prosperity of trade should when carried on upon corporation methods.
be supported. It takes energy and it
takes money to grapple with the destructive T"" H E corporation with a capital of say
$2,000,000 equally divided between fac-
legislation, and the New York Piano Manu-
tories
in Massachusetts, ()hio and Illinois, if
facturers' Association has earned the grati-
tude of every piano dealer within the limits incorporated in the State of Massachusetts,
pays taxes on the property in the two other
of the Empire State.
The Philadelphia Association did excellent States. The justice of this is not apparent,
work last year when one legislator intro- and Massachusetts business men are begin-
duced a bill at Harrisburg which seriously ning to be aroused to the menace of the pres-
threatened the validity of leases. We could ent existing law toward industrial enter-
go on enumerating a number of States in the prises. Certain other restrictions placed upon
Union in which measures have been proposed corporations is causing capital to flow out-
which were detrimental to commercial side the State to its serious detriment.
It was but recently that we called attention
interests and which were only extinguished
to
a very exhaustive document prepared by
through concerted action.
Associations should always have funds in Henry F. Miller, the distinguished piano
manufacturer, and presented by him to the
readiness for any desired purpose.
Then they are in a state of "preparedness." I'oston Associated Hoard of Trades, upon
the advantages and disadvantages of incor-
DRIVING AWAY CAPITAL.
poration under Massachusetts' law. It now
H I L E attending a
appears that the Massachusetts legislature
fight industry — In-
meeting of stock- proposes to consider this subject because the
justice of corporation
jaws—Mass.has
caused
members are beginning to realize that their
capital to seek invest-
holders in Jersey City,
ment elsewhere — An
antiquated system of taxing corporations is
injury to prosperity.
held in a huge office
of serious detriment to the industrial advance
hun-
dreds of "foreign" building
coporations wherein
meet annu-
of that famous old State.
ally, the recent statement made by John G.
This is a matter which will interest a num-
Milburn on corporation laws was brought
ber of States, because capital is going to seek
to mind.
investment along the easiest lines of resist-
lie said that capital goes to New Jersey ance, and it will locate in States which are
for the reason that New Jersey has a just favorable to corporations.
law, and she is the only State that has a law
which is up to date and fit for its purposes.
MUSIC TRADE MEN AND CUBA.
As a matter of record, Jersey has profited
I E music dealers every-
A chance for the
largely by being the "Trust State," and the music men to use their
where should im-
influence in a good
enormous corporation taxes which are poured
cause—Cuba prosper-
press upon their repre-
ous would purchase
annually into her treasury have entirely freed
sentatives in Congress
musical wares from
us.
that State from indebtedness.
the necessity of grant-
People of many other States in the Union ing liberal concessions to Cuba's great sta-
have failed to recognize that conditions have ple, they would be helping along the good
changed materially since industry has devel- work to the performance of which this coun-
oped to such a dominating point in this coun- try is solemnly pledged. If the mass of our
try. The States which seek to dictate in an people really understood the conditions ex-
arbitrary way to legitimate corporations are isting in Cuba they would be stirred to that
losing largely the benefits of industry and depth that their wishes would be impressed
are continuing laws which are a menace to immediately upon Congress and the obstruc-
the future prosperity of those States.
tive policy which exists there to-day would be
The corporation laws of Massachusetts— effectually removed.
a wealthy State with gigantic interests within
Viewing the matter in a purely selfish way,
her borders—are obsolete, are working her prosperous Cuba means an output of at least
serious injury as they practically serve to two hundred millions of various products of
alienate the capital of the State. The present American genius; a market lying practically
corporation laws are entirely unsuited to the at our door which would be worth more to
industrial conditions of the age and to the us in trade than any nation in Europe out-
development of the State. It is hinted that side of the three great powers. Relief will
the next statistical report from Washington be of no avail unless promptly given, for the
will show that Massachusetts, with all her large planters have reached the end of their
wealth and resources, has made less progress resources and will put in no crops unless they
during the past decade than most of the other have a market assured for their sugar. With
States of the Union. The cause may be di- a fair reduction on sugar, confidence would
rectly attributable to the restriction with which be immediately restored and capital would
W