Music Trade Review
Issue: 1908 Vol. 46 N. 21 - Page 3
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THE
MUSIC TRADE
VOL.XLVI. No.21.
Published Every Saturday by Edward Lyman Bill at 1 Madison Ave., New York, May 23, 1908.
veyed to President Roosevelt in the hope that he
will ask the commission to take the matter up.
The keynote to both resolutions is that it is
Association to Endeavor to Curb Labor Unions
the general opinion of the business interests that
and Advocate System of Manual Training.
an increase in freight rates would retard the full
The National Association of Manufacturers, of resumption of business and a new era of busi-
which James W. Van Cleave is president, and ness prosperity, and that it would be a burden
whose 3,000 members represent interests con- the shippers could not at this time stand. The
trolling over $15,000,000,000 of capital, has de- sessions of both organizations were character-
cided to enter the political field in order to ized by temperate speech and action.
Among those who signed the resolutions were
combat what are considered the business-killing
methods of labor unions, i. e., boycotts, sympa- E. S. Conway, of the W. W. Kimball Co., and
thetic strikes, compulsory use of the union label, Thomas C. Moore, traffic manager for the Na-
closed shop and similar restrictions, though with- tional Piano Manufacturers' Association.
out any desire to crush labor unions in any
UP IN ARMS AGAINST RAILROADS.
sense.
Regarding organized labor as a political fac-
Pacific Coast Dealers Take Steps to Force Pay-
tor, Mr. Van Cleave had this to say:
ment of Damage Claims.
"The general public and even Presidential can-
didates, have an exaggerated notion of organized
(Special to The Review.)
labor's voting strength. We have in this country
San Francisco, Cal., May 16, 1908.
32,000,000 wage-earners, of whom 1,538,970 are
Piano dealers in the Pacific Coast are up in
enrolled in the American Federation of Labor.
arms over the manner in which the various
But these include women and children and aliens.
transcontinental railroads hold up payment of
Besides, many work and reside in Canada. You
damage claims. It is estimated that dealers in
could probably cut these official figures to about
this city alone have damage claims aggregating
1,100,000 or 1,200,000. Of the 14,000,000 votes
over $25,000, the Bilers Music Co. alone placing
to be cast for President organized labor could
their claims at between $5,000 and $6,000. Not
furnish perhaps 500,000."
succeeding in obtaining any satisfaction from
Another object of the new move made by the
the railroads themselves, it has been suggested
Association is to provide for a future supply of
that a form of boycott against them be insti-
expert mechanics, and regarding this matter, Mr.
tuted, and certain houses have already begun
Van Cleave said recently:
having the goods routed to distant points on the
"Right at our hand is an opportunity to raise
Coast via other railroads and thence to this city
up more and better mechanics than the appren-
by steamer.
ticeship system, even in its best estate, ever fur-
nished us, namely, by attaching a manual train-
AN IMPORTANT RULING
ing department to every public school of the
primary grade in the United States. In this de- Regarding the Liquidation of the Affairs of
partment let every boy, from the age of nine,
Corporations—Trustees Responsible for In-
or ten, or fourteen, give an hour every school
solvency to be Removed from Office and Re-
day to the use of tools employed in the more
ceiver Appointed—Basis for the Decision.
important mechanical trades, under competent
instructors, and make the attendance compulsory
The New Jersey Court of Errors and Appeals
on each boy."
has handed down a decision in connection with
the winding up of the affairs of the State Mutual
Building and Loan Association of New Jersey,
OPPOSE HIGHER FREIGHT RATES.
which has an important bearing upon the liqui-
dation of the affairs of corporations alleged or
National Industrial Traffic League Passes Reso-
demonstrated to be insolvent. The court holds
lutions and Will Solicit Aid of the President.
that trustees in liquidation cannot be allowed to
continue in office if it is shown that they were
(Special to Tiic Review.)
concerned in acts of mismanagement to which
Chicago, 111., May 18, 1908.
The National Industrial Traffic League, one of the insolvency is due, or are appointees of the
the largest and strongest commercial organiza- directors chargeable with such mismanagement.
tions in the United States, at a general meeting In such case, the court holds, a receiver must be
held last week, decided to ask the Interstate Com- appointed who has had no previous connection
merce Commission to make an informal investi- with the corporation, and no affiliations with the
gation into the proposed increase in freight management.
The matter of the New Jersey Building and
rates.
While the question was being discussed by the Loan Association came up first on April 4, 1907,
league in open session the transportation com- when Patrick Fitzgerald, a stockholder, filed a
mittee of the Chicago Association of Commerce, bill in chancery alleging insolvency, and seeking
together with a number of other influential the appointment of a receiver. Fitzgerald made
business men of Chicago, met and parsed brief charges of mismanagement, whereupon the di-
but strong resolutions condemning an increase rectors controlling the vote of the majority shares
at this time. The resolutions will be generally adopted a resolution recommending its dissolu-
distributed throughout the country and copies tion, and called a meeting of the stockholders at
of the address of the traffic league will be con- which this was endorsed.
MANUFACTURERS ENTER POLITICS.
SINGL
$i 0( B o fEi s VE 0 AR ENTS -
Prior to this meeting the State Superintendent
of Banks had filed a bill declaring the corpora-
tion insolvent and asking for the appointment
of a receiver, but before a hearing could be had
in the receivership matter, three trustees, ap-
pointees of the majority party, had been selected
to liquidate the affairs of the association. The
Vice-Chancellor, before whom the matter came,
refused to appoint a receiver, and left the three
trustees in liquidation in power. Fitzgerald took
an appeal on which the decision of the court of
last resort is given.
The Court of Errors and Appeals, in an opinion
by Judge James B. Dill, holds that the Vice-
Chancellor erred in leaving the corporation in
the hands of three trustees who were the ap-
pointees of the directors charged with wreck-
ing it.
AN OPINION WORTH CONSIDERING.
What
Banker Schiff Has to Say
Business Conditions.
Regarding
Regarding the prospects for business improve-
ment in this country, Joseph H. Schiff, the promi-
nent banker, who recently returned from an ex-
tended European trip, stated, in an interview,
as follows:
"Conditions in the United States appear to be
to a large extent the determining factor over
all. Everywhere eyes are turned to this coun-
try, and it is felt that prosperity can nowhere
return until the United States has recovered
from the recent crisis. I have stated that it is
my opinion, in answer to many inquiries made
to me in Europe, that we are not likely to return
to normal conditions until—after the Presidential
election—it can be fully seen what kind of tariff
revision we are going to have, this being prob-
ably a more far-reaching economic question than
any other before the country, not excluding even
currency reform."
AEOLIAN CO.'S ANNUAL SPRING SALE
Of Used Pianos Advertised This Week—Over a
Hundred Instruments Offered.
In an exceedingly attractive page advertise-
ment in the New York Times of Sunday last, the
Aeolian Co. announced their annual spring sale
of used pianos. This annual spring "houseclean-
ing" sale of the Aeolian Co. has become a recog-
nized feature and always attracts an immense
crowd of purchasers. Having discontinued re-
citals for the season the company have removed
the chairs from the auditorium and given the
entire floor over to the display of used pianos.
The Aeolian Co. never permit the public to
cease thinking about the value of musical in-
struments in the home.
GUEST PIANO CO. TO OPEN BRANCH.
The Guest Piano Co., of Burlington, Iowa, will
shortly open a branch store at Muscatine, Iowa,
with a handsome line of pianos and organs, be-
sides a stock of phonographs and sheet music.
Theodore Wieter will be manager.
THE
MUSIC TRADE
VOL.XLVI. No.21.
Published Every Saturday by Edward Lyman Bill at 1 Madison Ave., New York, May 23, 1908.
veyed to President Roosevelt in the hope that he
will ask the commission to take the matter up.
The keynote to both resolutions is that it is
Association to Endeavor to Curb Labor Unions
the general opinion of the business interests that
and Advocate System of Manual Training.
an increase in freight rates would retard the full
The National Association of Manufacturers, of resumption of business and a new era of busi-
which James W. Van Cleave is president, and ness prosperity, and that it would be a burden
whose 3,000 members represent interests con- the shippers could not at this time stand. The
trolling over $15,000,000,000 of capital, has de- sessions of both organizations were character-
cided to enter the political field in order to ized by temperate speech and action.
Among those who signed the resolutions were
combat what are considered the business-killing
methods of labor unions, i. e., boycotts, sympa- E. S. Conway, of the W. W. Kimball Co., and
thetic strikes, compulsory use of the union label, Thomas C. Moore, traffic manager for the Na-
closed shop and similar restrictions, though with- tional Piano Manufacturers' Association.
out any desire to crush labor unions in any
UP IN ARMS AGAINST RAILROADS.
sense.
Regarding organized labor as a political fac-
Pacific Coast Dealers Take Steps to Force Pay-
tor, Mr. Van Cleave had this to say:
ment of Damage Claims.
"The general public and even Presidential can-
didates, have an exaggerated notion of organized
(Special to The Review.)
labor's voting strength. We have in this country
San Francisco, Cal., May 16, 1908.
32,000,000 wage-earners, of whom 1,538,970 are
Piano dealers in the Pacific Coast are up in
enrolled in the American Federation of Labor.
arms over the manner in which the various
But these include women and children and aliens.
transcontinental railroads hold up payment of
Besides, many work and reside in Canada. You
damage claims. It is estimated that dealers in
could probably cut these official figures to about
this city alone have damage claims aggregating
1,100,000 or 1,200,000. Of the 14,000,000 votes
over $25,000, the Bilers Music Co. alone placing
to be cast for President organized labor could
their claims at between $5,000 and $6,000. Not
furnish perhaps 500,000."
succeeding in obtaining any satisfaction from
Another object of the new move made by the
the railroads themselves, it has been suggested
Association is to provide for a future supply of
that a form of boycott against them be insti-
expert mechanics, and regarding this matter, Mr.
tuted, and certain houses have already begun
Van Cleave said recently:
having the goods routed to distant points on the
"Right at our hand is an opportunity to raise
Coast via other railroads and thence to this city
up more and better mechanics than the appren-
by steamer.
ticeship system, even in its best estate, ever fur-
nished us, namely, by attaching a manual train-
AN IMPORTANT RULING
ing department to every public school of the
primary grade in the United States. In this de- Regarding the Liquidation of the Affairs of
partment let every boy, from the age of nine,
Corporations—Trustees Responsible for In-
or ten, or fourteen, give an hour every school
solvency to be Removed from Office and Re-
day to the use of tools employed in the more
ceiver Appointed—Basis for the Decision.
important mechanical trades, under competent
instructors, and make the attendance compulsory
The New Jersey Court of Errors and Appeals
on each boy."
has handed down a decision in connection with
the winding up of the affairs of the State Mutual
Building and Loan Association of New Jersey,
OPPOSE HIGHER FREIGHT RATES.
which has an important bearing upon the liqui-
dation of the affairs of corporations alleged or
National Industrial Traffic League Passes Reso-
demonstrated to be insolvent. The court holds
lutions and Will Solicit Aid of the President.
that trustees in liquidation cannot be allowed to
continue in office if it is shown that they were
(Special to Tiic Review.)
concerned in acts of mismanagement to which
Chicago, 111., May 18, 1908.
The National Industrial Traffic League, one of the insolvency is due, or are appointees of the
the largest and strongest commercial organiza- directors chargeable with such mismanagement.
tions in the United States, at a general meeting In such case, the court holds, a receiver must be
held last week, decided to ask the Interstate Com- appointed who has had no previous connection
merce Commission to make an informal investi- with the corporation, and no affiliations with the
gation into the proposed increase in freight management.
The matter of the New Jersey Building and
rates.
While the question was being discussed by the Loan Association came up first on April 4, 1907,
league in open session the transportation com- when Patrick Fitzgerald, a stockholder, filed a
mittee of the Chicago Association of Commerce, bill in chancery alleging insolvency, and seeking
together with a number of other influential the appointment of a receiver. Fitzgerald made
business men of Chicago, met and parsed brief charges of mismanagement, whereupon the di-
but strong resolutions condemning an increase rectors controlling the vote of the majority shares
at this time. The resolutions will be generally adopted a resolution recommending its dissolu-
distributed throughout the country and copies tion, and called a meeting of the stockholders at
of the address of the traffic league will be con- which this was endorsed.
MANUFACTURERS ENTER POLITICS.
SINGL
$i 0( B o fEi s VE 0 AR ENTS -
Prior to this meeting the State Superintendent
of Banks had filed a bill declaring the corpora-
tion insolvent and asking for the appointment
of a receiver, but before a hearing could be had
in the receivership matter, three trustees, ap-
pointees of the majority party, had been selected
to liquidate the affairs of the association. The
Vice-Chancellor, before whom the matter came,
refused to appoint a receiver, and left the three
trustees in liquidation in power. Fitzgerald took
an appeal on which the decision of the court of
last resort is given.
The Court of Errors and Appeals, in an opinion
by Judge James B. Dill, holds that the Vice-
Chancellor erred in leaving the corporation in
the hands of three trustees who were the ap-
pointees of the directors charged with wreck-
ing it.
AN OPINION WORTH CONSIDERING.
What
Banker Schiff Has to Say
Business Conditions.
Regarding
Regarding the prospects for business improve-
ment in this country, Joseph H. Schiff, the promi-
nent banker, who recently returned from an ex-
tended European trip, stated, in an interview,
as follows:
"Conditions in the United States appear to be
to a large extent the determining factor over
all. Everywhere eyes are turned to this coun-
try, and it is felt that prosperity can nowhere
return until the United States has recovered
from the recent crisis. I have stated that it is
my opinion, in answer to many inquiries made
to me in Europe, that we are not likely to return
to normal conditions until—after the Presidential
election—it can be fully seen what kind of tariff
revision we are going to have, this being prob-
ably a more far-reaching economic question than
any other before the country, not excluding even
currency reform."
AEOLIAN CO.'S ANNUAL SPRING SALE
Of Used Pianos Advertised This Week—Over a
Hundred Instruments Offered.
In an exceedingly attractive page advertise-
ment in the New York Times of Sunday last, the
Aeolian Co. announced their annual spring sale
of used pianos. This annual spring "houseclean-
ing" sale of the Aeolian Co. has become a recog-
nized feature and always attracts an immense
crowd of purchasers. Having discontinued re-
citals for the season the company have removed
the chairs from the auditorium and given the
entire floor over to the display of used pianos.
The Aeolian Co. never permit the public to
cease thinking about the value of musical in-
struments in the home.
GUEST PIANO CO. TO OPEN BRANCH.
The Guest Piano Co., of Burlington, Iowa, will
shortly open a branch store at Muscatine, Iowa,
with a handsome line of pianos and organs, be-
sides a stock of phonographs and sheet music.
Theodore Wieter will be manager.
Future scanning projects are planned by the International Arcade Museum Library (IAML).