Music Trade Review
Issue: 1908 Vol. 46 N. 5 - Page 4
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
EDWARD LYMAN BILL - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Stall:
GKO. B. KELLER,
L. B. -BOWERS,
W. H. DYKES,
F. H. THOMPSON.
J. HAYDBN CLARENDON.
B. BBITTAIN WILSON,
L. J. CHAMBKBLIN,
A. J. NICKLIN,
BOSTON OFFICE:
CHICAGO OFFICE:
B. P. VAN HAKLINGEN. 195-197 Wabasta Ave.
TELEPHONES : Central 414 ; Automatic 8643.
MINNEAPOLIS and ST. PAUL:
ST. LOUIS:
RHNEST L. WAITT, 278A Tremont S t
PHILADELPHIA t
R. W. KAUFFMAN.
ADOLF EDSTHN.
SAN FRANCISCO:
CHAS. N. VAN BUBBN.
S. II. GRAY, 2407 Sacramento St.
CINCINNATI, O.: NINA PUGH SMITH.
BALTIMORE, MD.: A. ROBERT FRENCH.
LONDON. ENGLAND:
69 Baslnghall S t , 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 and Mexico, $2.00 per year;
Canada. $3.50 ; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per lncb, single column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Advertising Pages, $60.00; opposite
reading matter, $75.00.
REMITTANCES, in other than currency form, should be made payable to Edward
Lyman Bill.
Directory of Plaao
The directory of piano manufacturing firms and corporations
'
~ ~
found on another page will be of great value, as a reference
MauoUelnrtri
f o r dealers and others.
Exposition Honors Won by The Review
Qrand Prix
Paris Exposition, 1900
Silver Medal.Charleston Exposition 1902
Diploma. Pan-American Exposition, 1901
Gold Medal.. . S t Louis Exposition, 1904
Gold Medal. . . .Lewis Clark Exposition, 1905.
LONG DISTANCE TELEPHONES-NUMBERS 4677 and 4678 GRAMERCY
Connecting a l l Department*.
Cable address: "Elblll New York."
NEW YORK, FEBRUARY 1, 1908
EDITORIAL
REVIEW
must be "familiar with industrial and commercial conditions in for-
eign countries affecting the competition of foreign products with
products of the United States and thoroughly conversant with the
customs and tariff laws of those countries," while the fifth must be
"an economist and statistician who has given special attention to
the subject of prices and cost of production as affecting the tariff."
The members of the commission are to be appointed for terms of
seven years, each commissioner to receive an annual salary of
$7,500. The duties of the commission are set forth in the bill as
follows:
Sec. 4. That said commission shall tabulate the results of said
investigation and submit the same to Congress, together with an
explanatory report of said facts so ascertained; and said tabulation
of said facts and report in explanation of the same shall be laid
before Congress at the earliest possible moment for the use, infor-
mation and guidance of Congress; and at the request of the Ways
and Means Committee of the House and the Finance Committee
of the Senate, or by the direction of Congress by resolution, said
commission shall sit with said above named committees of the House
and of the Senate during the sessions of said committees when said
committees are drafting or considering any bill affecting the customs
tariff laws of the United States.
Now if this measure is acted upon it would seem to place the
tariff where it should be—that is removed entirely from politics
and placed in the hands of men who are specialists—men who
should be thoroughly competent to deal with it properly. The
tariff requires specialists and if a tariff commission is created it
will be the best thing in the world for the business interests of this
country because it will assure a certain stability for no radical
action would be possible. But then, if this bill does not become a
law it will not be easy for any new administration to make radical
changes in the existing tariff. The Republican party is pledged
to protection and even if a President of the opposite faith should
be elected it would be impossible to accomplish measures without
the sanction of both branches of Congress, therefore when these
things are thoroughly understood by all, why should the coming
contest for Presidential honors affect business as it has in some of
the past struggles for National political supremacy?
A
LL over the country there is an inclination on the part off
GOOD many business men have fallen into the habit of saying
merchants and manufacturers to go a trifle slow. Orders
that the year in which.a Presidential election occurs is an
are not placed with the same freedom which has characterized busi-
off-year in trade. As a matter of fact, does not the clinging to this
ness dealings in former years. This will not be a year of plunging
old time belief help to retard energy which should go to business
in any sense and still we believe that when the results of 1908 are
building? Surely there is not the wide difference between the
revealed by the figures shown at its close, some of otir pessimists
policies o'f the two great parties which formerly existed when Mr.
will be agreeably surprised at the results. Business will be run on
Bryan came out with his revolutionary free silver utterances.
better and sounder lines, and that a vast amount of business will be
There is an unmistakable drift of sentiment in the entire country
towards a lessening of the gap between the contestants, and it is transacted is not doubted by those who have even a superficial
knowledge of the existing conditions.
probable that the Presidential election which takes place next fall
will show that the line of demarcation between the two parties is
Since the last appearance of The Review notable progress has
not as pronounced as formerly, therefore as we are drifting nearer
been made in the clearing of the financial skies, and with the return
together in National sentiment regarding the administration of our of confidence and sound banking conditions there is a prospect of
public affairs, why should business feel the same depressing effects
easy money before long.
which it did formerly, when it was possible to replace sound busi-
Chris. B. Garritson, who is one of the optimists di the trade,
ness principles by impracticable theories?
predicted, even when the panic was at its height, that it would only
The dominant issue will be to our minds the tariff, and in be a little while before money was easy and plentiful.
Charles H. Wood, the head of great supply interests, a man
former years whenever this has occupied the center of the stage
whose qualifications for business leadership are known throughout
it has disturbed business interests, and why? Because the leaders
this industry, remarked recently to The Review: "Present conditions
and builders of industry in this country have believed in a tariff
are all right—as necessary and essential as days of unbounded
policy, and any radical disturbance in these protective conditions
prosperity. They make us think and keep us practical. I think
would have, according to their views, a depressing effect upon
the present is a good time to be sensible, calm and thoughtful. I
trade. But now there is an unmistakable trend of Congress towards
don't see any use in becoming desperate and slaughtering prices
a revision of the present tariff at a comparatively early date show-
and forcing goods on an unwilling market. I think this is a good
ing that change in the present tariff schedule is desired by the lead-
time to take stack of ourselves—ascertain where our methods are
ing men in the ruling party.
weak and shake things down to a foundation that is strong enough
so that we can stand a return of even greater prosperity than we
Y far the most important bill relating to tariff has been intro-
have enjoyed during the past ten years." Thoughtful words these
duced by Senator Beveridge, which provides for the creation
of a tariff commission of five members to be appointed by the from a leader of industry—from a man who has carved his wav up
to the directorate of great supply interests.
President "solely with a view to their qualifications as specified in
this act without regard to political affiliations/'
One member must be "identified with the producing interests,"
H E music trade generally is preparing for a fair spring busi-
another is to be a lawyer "who has made a special study of customs
ness, and within the past ten days there has been a notable
and tariff laws," another must have a "special experience in con- increase in the orders at the various factories. Buying is indeed
nection with the administration of customs and tariff laws," another
not in large volumes but in quantities which show plainly that
A
B
T
THE
MUSIC TRADE
EDWARD LYMAN BILL - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Stall:
GKO. B. KELLER,
L. B. -BOWERS,
W. H. DYKES,
F. H. THOMPSON.
J. HAYDBN CLARENDON.
B. BBITTAIN WILSON,
L. J. CHAMBKBLIN,
A. J. NICKLIN,
BOSTON OFFICE:
CHICAGO OFFICE:
B. P. VAN HAKLINGEN. 195-197 Wabasta Ave.
TELEPHONES : Central 414 ; Automatic 8643.
MINNEAPOLIS and ST. PAUL:
ST. LOUIS:
RHNEST L. WAITT, 278A Tremont S t
PHILADELPHIA t
R. W. KAUFFMAN.
ADOLF EDSTHN.
SAN FRANCISCO:
CHAS. N. VAN BUBBN.
S. II. GRAY, 2407 Sacramento St.
CINCINNATI, O.: NINA PUGH SMITH.
BALTIMORE, MD.: A. ROBERT FRENCH.
LONDON. ENGLAND:
69 Baslnghall S t , 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 and Mexico, $2.00 per year;
Canada. $3.50 ; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per lncb, single column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Advertising Pages, $60.00; opposite
reading matter, $75.00.
REMITTANCES, in other than currency form, should be made payable to Edward
Lyman Bill.
Directory of Plaao
The directory of piano manufacturing firms and corporations
'
~ ~
found on another page will be of great value, as a reference
MauoUelnrtri
f o r dealers and others.
Exposition Honors Won by The Review
Qrand Prix
Paris Exposition, 1900
Silver Medal.Charleston Exposition 1902
Diploma. Pan-American Exposition, 1901
Gold Medal.. . S t Louis Exposition, 1904
Gold Medal. . . .Lewis Clark Exposition, 1905.
LONG DISTANCE TELEPHONES-NUMBERS 4677 and 4678 GRAMERCY
Connecting a l l Department*.
Cable address: "Elblll New York."
NEW YORK, FEBRUARY 1, 1908
EDITORIAL
REVIEW
must be "familiar with industrial and commercial conditions in for-
eign countries affecting the competition of foreign products with
products of the United States and thoroughly conversant with the
customs and tariff laws of those countries," while the fifth must be
"an economist and statistician who has given special attention to
the subject of prices and cost of production as affecting the tariff."
The members of the commission are to be appointed for terms of
seven years, each commissioner to receive an annual salary of
$7,500. The duties of the commission are set forth in the bill as
follows:
Sec. 4. That said commission shall tabulate the results of said
investigation and submit the same to Congress, together with an
explanatory report of said facts so ascertained; and said tabulation
of said facts and report in explanation of the same shall be laid
before Congress at the earliest possible moment for the use, infor-
mation and guidance of Congress; and at the request of the Ways
and Means Committee of the House and the Finance Committee
of the Senate, or by the direction of Congress by resolution, said
commission shall sit with said above named committees of the House
and of the Senate during the sessions of said committees when said
committees are drafting or considering any bill affecting the customs
tariff laws of the United States.
Now if this measure is acted upon it would seem to place the
tariff where it should be—that is removed entirely from politics
and placed in the hands of men who are specialists—men who
should be thoroughly competent to deal with it properly. The
tariff requires specialists and if a tariff commission is created it
will be the best thing in the world for the business interests of this
country because it will assure a certain stability for no radical
action would be possible. But then, if this bill does not become a
law it will not be easy for any new administration to make radical
changes in the existing tariff. The Republican party is pledged
to protection and even if a President of the opposite faith should
be elected it would be impossible to accomplish measures without
the sanction of both branches of Congress, therefore when these
things are thoroughly understood by all, why should the coming
contest for Presidential honors affect business as it has in some of
the past struggles for National political supremacy?
A
LL over the country there is an inclination on the part off
GOOD many business men have fallen into the habit of saying
merchants and manufacturers to go a trifle slow. Orders
that the year in which.a Presidential election occurs is an
are not placed with the same freedom which has characterized busi-
off-year in trade. As a matter of fact, does not the clinging to this
ness dealings in former years. This will not be a year of plunging
old time belief help to retard energy which should go to business
in any sense and still we believe that when the results of 1908 are
building? Surely there is not the wide difference between the
revealed by the figures shown at its close, some of otir pessimists
policies o'f the two great parties which formerly existed when Mr.
will be agreeably surprised at the results. Business will be run on
Bryan came out with his revolutionary free silver utterances.
better and sounder lines, and that a vast amount of business will be
There is an unmistakable drift of sentiment in the entire country
towards a lessening of the gap between the contestants, and it is transacted is not doubted by those who have even a superficial
knowledge of the existing conditions.
probable that the Presidential election which takes place next fall
will show that the line of demarcation between the two parties is
Since the last appearance of The Review notable progress has
not as pronounced as formerly, therefore as we are drifting nearer
been made in the clearing of the financial skies, and with the return
together in National sentiment regarding the administration of our of confidence and sound banking conditions there is a prospect of
public affairs, why should business feel the same depressing effects
easy money before long.
which it did formerly, when it was possible to replace sound busi-
Chris. B. Garritson, who is one of the optimists di the trade,
ness principles by impracticable theories?
predicted, even when the panic was at its height, that it would only
The dominant issue will be to our minds the tariff, and in be a little while before money was easy and plentiful.
Charles H. Wood, the head of great supply interests, a man
former years whenever this has occupied the center of the stage
whose qualifications for business leadership are known throughout
it has disturbed business interests, and why? Because the leaders
this industry, remarked recently to The Review: "Present conditions
and builders of industry in this country have believed in a tariff
are all right—as necessary and essential as days of unbounded
policy, and any radical disturbance in these protective conditions
prosperity. They make us think and keep us practical. I think
would have, according to their views, a depressing effect upon
the present is a good time to be sensible, calm and thoughtful. I
trade. But now there is an unmistakable trend of Congress towards
don't see any use in becoming desperate and slaughtering prices
a revision of the present tariff at a comparatively early date show-
and forcing goods on an unwilling market. I think this is a good
ing that change in the present tariff schedule is desired by the lead-
time to take stack of ourselves—ascertain where our methods are
ing men in the ruling party.
weak and shake things down to a foundation that is strong enough
so that we can stand a return of even greater prosperity than we
Y far the most important bill relating to tariff has been intro-
have enjoyed during the past ten years." Thoughtful words these
duced by Senator Beveridge, which provides for the creation
of a tariff commission of five members to be appointed by the from a leader of industry—from a man who has carved his wav up
to the directorate of great supply interests.
President "solely with a view to their qualifications as specified in
this act without regard to political affiliations/'
One member must be "identified with the producing interests,"
H E music trade generally is preparing for a fair spring busi-
another is to be a lawyer "who has made a special study of customs
ness, and within the past ten days there has been a notable
and tariff laws," another must have a "special experience in con- increase in the orders at the various factories. Buying is indeed
nection with the administration of customs and tariff laws," another
not in large volumes but in quantities which show plainly that
A
B
T
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