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THE
RESPONSIBILITY OF DEBTORS.
On Their Honesty of Purpose Depends a Large
Share of Prosperity—Withholding Just Pay-
ments for Insufficient Cause Brings on Busi-
ness Depression—Excellent Opportunity to
Practice the Golden Rule.
The debtor represents a large amount of sus-
pended capital. He buys on credit, and for a
time at least, the seller has to be content with a
promise to pay, backed with what may be good
or bad paper. In his turn he has as a rule to do
the same, so that the silver or golden links in
the chain of trade relationship are in many cases
waiting for the miner's pick and the link maker's
forge. There is confessedly a scarcity of senti-
ment in business, but there is enough of faith to
make a second Christendom. It can be readily
seen under such conditions that the opportuni-
ties of abuse and dishonesty are many, nor is it
a surprise that the heaviest burden carried on
the shoulders of the business man is that of un-
collected debts. These are responsible for many,
and perhaps most, of the breakdowns in busi-
ness, and to a larger extent than is generally sup-
posed, in trade demoralization and depression.
No business can fatten on mythical assets, any
more than a hungry man can dine on rainbows.
There is a good deal of this spurious dietary,
however, going on, and the more of it going down
the business throat in times when something
more solid is needed.
Of course, in times of general stagnation, debts
are slow in coming to time. In many cases this
cannot be avoided, but it is not stretching the
truth to say, that many debts that might be paid
are left on the defaulting list, under the excuse
of hard times. This, of course, is practically
fraudulent, if apparently plausible, nor is this
species of dishonesty uncommon. The sinners in
need of grace are more than the church can hold,
or any violation of the Decalogue can terrify.
Timidity as to the future may account for this
sacrilege of honor in many cases.
To save a plank for one's self wherewith to
cross the stream is human—at least so far as
the average of that article goes. Men apprehen-
sive of the business future use the bolt of the
In an industry where nigh-grade
instruments form but a small group
as compared with the total, and
where admission to that charmed
circle of leaders is guarded with
jealous care and is only obtained
by the consent of trade experts,
recognition as an artistic instru-
ment is naturally accorded to but
few.
In this small class of selected
and approved leaders the Haines
Bros. Piano has a high place*
Why not write for catalogue ?
HAINES BROS.
Bacon BlocK, OAKLAND, CAL.
MUSIC TRADE
9
REVIEW
creditor's door to keep the wolf outside their
own baliwick. They have the means to pay, but
lack the volition necessary to loosen a purse
string. The consequence is, they simply accen-
tuate the situation they wish to avoid. Depres-
sion deepens as debts multiply, and it is safe to
assume that it would seldom reach the acute
stage, if debtors did not use it as a cloak to cover
a multitude of sins. It is in peccadilloes of this
nature that business conditions are aggravated.
In the present low stage of the business, the
stream would not be so shallow if it were not for
many of its normal sources being quietly held
back. It would be well at times when business
men have to revise credits if solvent debtors
would correspondingly revise their morals.
OUR FOREIGN CUSTOMERS.
Pianos and Other Musical Instruments Shipped
Abroad from the Port of New York for the
Week Just Ended—An Interesting Array of
Musical Specialties for Foreign Countries.
(Special to The Review.)
Washington, D. C, Feb. 10, 1908.
The following were the exports of musical in-
struments and kindred lines from the port of
New York for the week just ended:
Berlin—6 pkgs. talking machines and mate-
rial, $1,036.
Buenos Ayres—273 pkgs. talking machines
and material, $13,821.
Calcutta—3 cases organettes, $116; 17 pkgs.
talking machines and material, $934; 1 case
pianos and material, $175.
Callao—1 case musical instruments, $100.
Colon—21 cases talking machines and mate-
rial, $1,167; 1 case pianos and material, $200.
Hamburg—1 case pianos and material, $200;
2 cases music cases, $236; 15 cases pianos,
$829; 5 cases organs, $190.
Havre—21 pkgs. talking machines and mate-
rial, $171.
Havana—4 cases piano players, $740; 3 cases
pianos, $547; 5 pkgs. talking machines and ma-
terial, $371.
Kingston—10 pkgs. talking machines and ma-
terial, $187; 1 case pianos and material, $350.
La Guaira—4 pkgs. talking machines and mate-
rial, $141.
London—35 pkgs. talking machines and mate-
rial, $1,903; 8 pkgs. talking machines and ma-
terial, $239.
Melbourne—8 cases pianos and material, $187;
13 cases organs and material, $600; 17 cases
pianos, $1,108.
Mexico—2 cases pianos, $550.
Palermo—3 cases pianos and material, $650.
Pernambuco—One case piano players and mate-
rial, $150.
Rio de Janeiro—4 cases pianolas, $103.
Rosario—2 cases pianos and material, $1,-
575; 6 cases pianos, $765.
Sydney—6 cases organs, $665; 9 cases pianos,
$914; 4 cases organs and material, $419; 7 cases
pianos and material, $207.
St. Johns—3 cases organs, $190.
Valparaiso—22 pkgs. talking machines and ma-
terial, $603; 24 cases organs and material, $539;
30 cases organs, $950.
Vera Cruz—8 pkgs. talking machines and ma-
terial, $1,412.
Wellington—1 case organs, $115; 19 pkgs. talk-
ing machines and material, $390; 2 cases musi-
cal instruments, $101; 28 cases organs and ma-
terial, $1,440.
W. W. WARNER AS A LITERATEITR.
W. W. Warner, proprietor of Warner's music
store, Madison, Wis., in addition to being a suc-
cessful one is also quite a literary light in his
community and is frequently called upon to rea;l
papers on different subjects before the various
chubs with which he is connected. One of his
recent efforts was a paper on the Russian peas-
ant, which he read before the Madison Patriotic
Club. Mr. Warner handled his subject intelli-
gently and exhaustively and withal in a most
interesting manner.
WM. H. IVERS DEAD.
One of the Pioneers in Piano Trade of New
England—Lived in Dedham Nearly All His
Life, and Was 85 Years Old.
(Special to The Review.)
Dedham, Mass., Feb. 11, 1908.
William Henry Ivers, senior member of the
Ivers & Pond Piano Co., Boston, died this even-
ing at 5:30 at his home on Highland street, in
his 86th year. He had been confined to his
house since December 24, but was seriously ill
about three weeks.
Mr. Ivers was born in Dedham, on April 30,
1822. He was one of the pioneers in the piano
trade of New England, his connection with it
extending back over 60 years. He was em-
ployed by Chickering & Sons and was advanced
until he was one of the supervisors of the big
establishment. In 1871 he went into business for
himself in his native town. In 1880 the Ivers &
Pond Piano Co. was established and he was its
president for a number of years. He retired
from active business in 1897.
Mr. Ivers invented many of the improvements
in pianos used by his company. Energetic by
nature, he was actively engaged in other enter-
prises up to the time of his death. His sterling
character and genial disposition won him a large
circle of friends. He belonged to Constellation
Lodge, A. F. and A. M., of Dedham, and the
Boston Music Trade Association, and was con-
nected with the First Parish (Unitarian) Church.
Mr. Ivers married Lucy J. Allen, of Roxbury,
65 years ago. There survive him beside his wire,
four children, Mrs. Addie Pedrick, of Dedham;
William H. Ivers, Jr., of Piqua, O.; Mrs. Jennie
Ingalls, who lived with him, and Charles F. Ivers,
of Marion street.
MOLLER ORGAN FOR CHAMBERSBURG.
M. P. Moller, the well known pipe organ manu-
facturer of Hagerstown, Md., is erecting a fine
new pipe organ in St. John's Reformed Church in
Chambersburg, Pa. The organ has fourteen stops
and 760 pipes, and is tubular pneumatic through-
out. The organ is number 824 on the list of or-
gans made by that concern.
The Olney Music Co., with stores in Herring-
ton, Kan., and other western towns, are making
preparations to open a branch in El Reno, Okla.
"DISTINCTIVELY HIGH GKADE"
5Ae CHRISTMAN
STUDIO GRAND
is the greatest success of the day.
It possesses a scale of rare even
ness, a tone of remarkable sonority
and richness, with a quality that
is highly orchestral. Our latest
styles of Grands and Uprights
mark a decided advance in the art
of piano-making. We court inves-
tigation. Some territory still open.
CHRISTMAN SONS, Manuf..ctur.r.
WARKROOHB'
FACTORY AND
•&9-S73 EM* 157tli Si.
XEW
YORK
55 W.ut 14th SI.