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Music Trade Review

Issue: 1908 Vol. 47 N. 12 - Page 4

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
EDWARD LYMAN BILL - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Stall:
GEO. B. KEILKR,
L. B. BOWERS,
W. H. DYKES,
F. H. THOMPSON,
J. HAYDEN CLARENDON,
B. BRITTAIN WILSON,
L. J. CHAMBERLIN,
A. J. NICKI-IN.
BOSTON OFFICE:
CHICAGO OFFICE
ERNEST L. WAITT, 100 Boylston St.B. P. VAN HARLINGEN, Room 806, 156 Wabasb Ave.
PHILADELPHIA:
R. W. KAUFFMAN.
Telephone, Central 414.
MINNEAPOLIS and ST. PAUL:
ST. LOUIS:
ADOLF EDSTHN.
REVIEW
Three-quarters of 1908 have well nigh passed and we might
well admit that some of the sanguine predictions commonly made
earlier in the year have not been fulfilled. Our people are begin-
ning to realize that it takes time to recover from a panic and that
confidence is normally a plant of slow growth.
There has been a gradual improvement, but this will probably
be a 6o or 70 per cent, year, on the basis of former periods. Take
the iron and steel trade and 60 per cent, is about the basis figured
upon. It is true the next three months may show material improve-
ment in general conditions. Many of the uncertainties of the early
months of the year have been removed and the country has refused
to surrender itself to frenzied politics, but business is not satisfac-
tory. Collections are slow in all lines. Business does not start in
with the snap and vim which was anticipated when we reached
September, but it is improving and any movement, so long as it is
in the right direction, is welcomed with more than ordinary en-
thusiasm, for we were far down in the scale.
CHAS. N. VAN BURBN.
SAN FRANCISCO: S. H. GRAY, 2407 Sacramento St.
CINCINNATI. O.: BERNARD C. BOWBN.
BALTIMORE, MD.: A. ROBERT FRENCH.
I
T is rapidly becoming apparent that American manufacturers who
intend to resist the movement to reduce existing rates of duty
Published Every Saturday at 1 Madison Avenue, New York
in connection with the coming revision of the Dingley Tariff Act
must be prepared to devote considerable time in the very near
Entered at the New York Post Office as Second Class Matter.
future to gathering reliable data concerning conditions in the com-
SUBSCRIPTION, (Including postage), United States and Mexico, $2.00 per year;
Camilla. $:{.."><•: all other countries, $4.00.
peting industries in the principal countries of the world.
ADVERTISEMENTS, $2,00 per Inch, single column, per Insertion. On quarterly or
yearly contracts a special discount Is Allowed. Advertising Pages, $60.00; opposite
This information will be found necessary to meet the facts
reading matter, $75.00.
and figures which will be in the possession of the Ways and Means
REMITTANCES, in other than currency form, should be made payable to Edward
Lynian Kill.
Committee, which doubtless will be open to all parties appearing
Music Publishers*
An Interesting feature of this publication is a special depart-
before the committee in the support of the revision of the existing
Department V V ment devoted exclusively to the world of music publishing.
rates of duty.
Exposition Honors Won by The Review
Never before in the history of the country have the Congres-
Grand Prix
Paris Exposition, 1900 Silver Medal. Charleston Exposition, 1902
Dlploma.Pan-American Exposition, 1901 Gold Medal. ...St. Louis Exposition, 1904
sional
committees adopted such comprehensive plans for securing
Gold Medal
Lewis-Clark Exposition, 1905.
reliable
data before undertaking the revision of the tariff. Condi-
LONG DISTANCE TELEPHONES—NUMBERS 4677 and 4678 GRAMERCY
tions in competing industries are being studied not only by the
Connecting a l l Departments.
Cable a d d r e s s : "Elblll. N e w York."
__
experts of the Bureau of Manufactures and the Department of
Commerce and Labor, but by confidential agents whose connection
NEW YORK, SEPTEMBER 19, 1908
with the work is unknown to anyone outside the membership of
the Congressional committees.
Special attention is being given to the cost of production in its
EDITORIAL
manifold details, but no item of importance from an industrial
standpoint is being overlooked. Side by side with these figures,
will be tabulated the cost of living in the leading industrial centers
E P O R T S in general indicate a perceptible improvement in the of the principal manufacturing countries of the world.
business conducted by manufacturers and dealers. There is
Piano manufacturers should understand that the move to re-
not only an increased hopeful feeling, but an actual increase in the duce duties will probably extend as far as pianos, parts thereof, and
volume of business transactions. The increase is small, but it is in
smaller musical instruments as well.
the right direction.
The last time there was a change in the duty occurred when
The successful overcoming of financial difficulties, accompanied
William McKinley was Chairman of the Ways and Means Com-
by a growing confidence in regard to investment in commercial
mittee, and one of the most indefatigable workers in behalf of in-
and industrial enterprises, is steadily removing obstacles to normal
creasing the duties on all products pertaining to the musical in-
activity in trade. It will, however, take some time before business
dustry was the late Otto Wessell.
will have gotten back to its old-time swing.
The Editor of this publication personally appeared before the
Large, if not record breaking, crops which will command good
Ways and Means Committee armed with the signatures of leading
and, in some cases, high prices, furnish a foundation for prosperous
piano manufacturers to a document urging higher duties on pianos.
conditions in the agricultural sections, from which money will
As usual, he was opposed by the jealous nincompoops of the trade
naturally find its way into diversified trade circles. The crops have
press who opposed us in this action in the puerile manner which
been the business life preservers, for had they been off this year then
they adopted when this paper founded the first National Associa-
we should have struck the sub-cellar under the ground floor of
tion of Piano Manufacturers in 1888.
business depression. The consumption of goods all over the coun-
The question is, should the duty be changed from the existing
try has, during the dull months, been going on steadily, if not as one? It seems that this subject could with propriety be taken up
rapidly, as in recent years, and stocks are now needing replenish-
by the Piano Manufacturers' National Association, and it is not too
ment. In the piano line there are fewer repossessions all the time.
early to begin to gather data which might be used as an argument
The "pulling-in" process has become steadily reduced until to-
against the reduction of the present music trade ,tariff. Would not
day it cuts but little figure and as a result orders are being placed
a material lowering of the present duty open the custom gates for
more freely with traveling salesmen, for merchants are purchasing
European manufacturers so that they could become active competi-
with considerably more liberality than a short time ago. Most of
tors of the American piano manufacturers?
the people are beginning to make up their minds that the time has
The European workman receives a much less wage and lives
come to take hold of business with renewed energy.
under an entirely different environment than the factory operator in
this country. The ocean ferry is becoming all the time lessened by
reason of faster ships and improved transportation facilities in every
H E political canvass does not seem to seriously militate against
business interests. The conditions as we view them are re- way. Ocean ferriage costs on a freight are extremely low and we
might be up against a proposition which would have many un-
assuring, but a good many business men are beginning to realize
pleasant features if the present duties were lowered.
the unsatisfactory results of the attempt to force prosperity simply
This matter is worthy of the most careful consideration, be-
by claiming it. Conditions are improving in all lines of trade, but
cause as sure as fate there will be many radical changes in the
there is a tremendous shrinkage over the business of last year and
present existing tariff which will affect many industries.
the preceding twelve months as well.
LONDON, ENGLAND: 69 Baainghall St., E. C.
R
T
W. LIONEL STURDY, Manager.

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