International Arcade Museum Library

***** DEVELOPMENT & TESTING SITE (development) *****

Music Trade Review

Issue: 1906 Vol. 43 N. 20 - Page 4

PDF File Only

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
KEVEW
EDWARD LYMAN BILL, - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Staff:
UBO. B. KxiiUB.
W. N. TYLER.
F. H. THOMPSON.
EMILIB FRANCIS BAOER.
L. E. BOWERS. B. BKITTAIN WILSON, W E B. WHITE. L. J. CHAMBERLIN. A. J. NICKLIN.
BOSTON OFFICE:
CHICAGO OFFICE:
B. P. TAN HARLINGBN, 195-197 Wabasb Ave.
TBLEPHONES : Central 414 ; Automatic 8643
PHILADELPHIA OFFICE: MINNEAPOLIS and ST. PAUL: ST. LOUIS OFFICE
I-TENEST L. WAITT, 278A Tremont St.
R. W. KAUFFMAN.
A. W. SHAW.
CHAS. N. VAN BUREN.
SAN FRANCISCO OFFICE: ALFRED METZOER, 1635 Van Ness Ave.
CINCINNATI. O.:
LONDON, ENGLAND:
NINA PUGH-SMITH.
69 Basinghall St., B. C.
W. Lionel Sturdy, Manager.
Published Every Saturday at 1 Madison Avenue, New York.
Entered at the New York Post Office as Second Class Matter.
SUBSCRIPTION,(Including postage), United States, Mexico, and Canada, $2.00 per
year; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per Inch, single column, per Insertion. On quarterly or
yearly contracts a special discount is allowed. Advertising Pages, f50.00; opposite
reading matter, $76.00.
REMITTANCES, in otber than currency form, should be made payable to Edward
Lyman Bill.
Directory ol Piano The directory of piano manufacturing firms and corporation*
found on another page will be of great value, as a reference
Manufacturers
for dealers and others.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900 Silver Medal.Charleston Exposition, 1902
Diploma.Pan-American Exposition, 1901 Gold Medal..St. LOUIB Expedition, 1904
Gold itfedol.Lewis-Clark Exposition, 1905
LONG DISTANCE TELEPHONE—NUMBER 1745 GRAMERCY
Cable address: "Elbill N e w York."
NEW YORK,
NOVEMBER
17, 1906
EDITORIAL
REVIEW
but there is to-day a closer scanning of credits than ever before,
and as a result few unworthy men are no longer to obtain instru-
ments on the same generous terms as before.
RE the present good times going to remain ? is a question fre-
quently asked.
It looks to us as if they would be long continued, and in order
to have prosperity permanent it must be general.
It is surely going the entire rounds in this country. You may
not have r'ealized it in the excitement of the campaign and election,
but all over the country an increased share in the national prosperity
is going to the men on whose labor it is based. Wages are risihg.
Here and there unions have struck for better pay, but, in the main,
wages are being raised voluntarily—because employers believe their
businesses will stand it; because they see the best prospect of con-
tinuing the present prosperity in diffusing its advantages as widely
as possible; because, despite demagogic abuse and misrepresentation,
most of them feel some responsibility for the content and welfare of
men who are brother workers and brother Americans.
The Pennsylvania Railroad system, which led the wage advance
three years ago by a voluntary 'Increase, heads the new upward
movement by a io per cent, raise in the pay of its 165,000 men. Of
its earnings nearly $12,000,000 more will go to its army of employes
this year than last. The Amalgamated Copper Company has pro-
posed to the 15,000 men employed in its Montana mines a wage in-
crease of about 10 per cent. The United States Steel Corporation,
which has for several years admitted its employes to a share in its
profits on a co-operative basis, is also considering a raise, following
that of March last year, which will benefit 175,000 men. Many
railroads, including the New York Central and the Reading, are
considering raises, some as a result of tentative demands by their
men. the others entirely voluntarily. The example set by larger
concerns will be followed bv their smaller brethren.
A
T least a million of workers will shortly get an additional divi-
dend from prosperity. This condition will help every piano
A
man in America.
These raises are important in themselves. Perhaps the things
that they indicate are still more important. The country is solidly
HE year is going to end up with the best showing for the piano
prosperous, and its business believes that it will remain so. There is
trade ever recorded in any twelve months. The total output
a genuine scarcity of labor, and employers are competing for it. The
of instruments will pass the quarter of a million mark by several
American people have shown their mettle by inaugurating, through
thousand, and on the whole the trade never was in better condition.
Washington and the several State governments, a movement for in-
There have been few failures in the manufacturing or retail depart-
telligent reform, and by rebuking at the recent elections the counsels
ments of the industry for the year. The few which have occurred
of sensation and disorder. Those elections flew no storm warnings,
in the manufacturing department have been inconsequential, and carried no orders to shorten sail. So, with the prospect of a year's
these concerns have been lacking in character, capital and ability—
good business ahead, the industry of the country has been justified
three essentials necessary to the successful conduct of any business
in declaring another dividend to labor.
enterprise. The day has gone by when a man with a few dollars
"Good business policy," of course. Yet the captious may be re-
in his pocket and plenty of nerve can enter the field as a piano manu-
minded that all we have a right to expect of any man, and all we
facturer, and expect to cope with men who have capital, ability
need, is really good business policy. We are all in the same boat,
and organization back of them. There is plenty of room in the and no spurt of good times can last if only the employer has the
manufacturing field, but to measure lances with brainy men who
benefit. Such spurious prosperity commits suicide through the
are supplied with plenty of capital requires a fair equipment, and diminished consuming power of the masses, and across its tomb
the men who have gone to pieces this year in the industry occasioned
the economist writes "Overproduction." Labor must share in the
no loss to the trade by their dropping out. Some of them obtained
advance of invention. It must have benefit of labor-saving machin-
credit by misrepresenting their financial condition, and when the
ery, the economies of consolidation, the elimination of wasteful and
crash came facts were revealed which showed their lack of ability,
duplicated effort. It is having benefit.
and that they resorted to almost criminal methods to gain credit.
The American people are very much, and very properly, con-
cerned over the way one business treats another, and the way it
N the dealers' department there has been a cleaning out of some
treats the consuming public. Through every agency of government
unworthy members, and the trade is better for the expulsion
they are asserting their rights and their wishes—a needed assertion.
of such men. There is no good reason why pianos should be sold The relation between employer and employe is smoothing out,
on credit to dealers who cannot obtain credit for a month's rent in
largely of its own accord—powerfully helped by the passage of
their home town, and still they have the unmitigated nerve to ex- eight-hour, child labor and factory legislation. There is cheer in
pect that manufacturers in far-away points will trust them with
the assurance that in the horizontal competitions of business the
thousands of dollars' w T orth of instruments. Such men are a nation is sternly enforcing "the square deal," and that in the vertical
menace to the best interests in the trade, because they have no repu-
competitions of capital and labor "the law of the jungle" is steadily
tation at stake and no money to lose. It is not their own money
yielding to the sentiment of human brotherhood. It is a good time
they are playing with, therefore if they put out pianos at all kinds
for the piano man to put on steam. The conditions warrant added
of cut prices and all kinds of terms they are injuring the legitimate
exertion.
dealer who pays his bills. They never expect to pay theirs, and
DEALER in a large Western city writes: "I was much in-
therefore they do not care what conditions they help to create in the
terested to read your editorial in last week's Review, in
regular trade channels. They are wholly indifferent as to fair busi-
which you mentioned the serious injury which dealers are doing to
ness usages, and the matter of gross misrepresentation to manufac-
their own trade by charging too high prices for low-grade instru-
turers in order to gain credit does not disconcert them in the least,
T
I
A

Future scanning projects are planned by the International Arcade Museum Library (IAML).