Music Trade Review
Issue: 1910 Vol. 50 N. 24 - Page 4
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
EDWARD
MU3IC TRADE
REVIEW
ILYMAW'BILLP
- Editor and^Proprietor
J. B. SP1LLANE, Managing Editor
Executive and Reportorlal Stall:
GBO. B. KELLHB,
W. H. DYKES,
R. W. SIMMONS,
L. E. BOWHRS,
B. BRITTAIN WILSON,
A. J. NICKLIN,
AUQOBT J. TIMPE.
CHICAGO OFFICE:
BOSTON OFFICE:
E. P. VAN HARLINGEN, 156 Wabash Ave.
G. W. HENDERSON, 180 Tremont St.
Room 806,
Room 18.
Telephone, Central 414.
Telephone, Oxford 2936-2.
PHILADELPHIA:
MINNEAPOLIS and ST. PAUL:
ST. LOUIS:
R. W. KAUFFMAN,
ADOLF EDSTEN,
SAN FRANCISCO:
CINCINNATI, O.:
BALTIMORE. MD.:
LONDON. ENGLAND:
CHAS. N. VAN BUREN.
S. II. GRAY, 88 First Street.
JACOB W. WALTERS.
A. ROBERT FRENCH.
60 Basinghall St., E. 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 Inch, 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 forms, should be made payable to Edward
Lyman Bill.
^ n important feature of this publication is a complete sec-
tion devoted to the interests of music publishers and dealers.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900
Silver Medal. Charleston Exposition, VM2
Diploma..Pan-American Exposition, 1901
Gold Medal. . .St. Louis Exposition, 1904
Gold Medal
Lewis-Clark Exposition, 1905.
LONG DISTANCE TELEPHONES-NUMBERS 4677 and 4678 GRAMERCY
Connecting all Departments.
Cable address: "Elblll, New York."
NEW YORK,
JUNE 11,
1910
REVIEW
it proposed to interfere with their plans regarding the advance of
freight and passenger rates.
W
E do not believe that the railroad chiefs will rush in with
cancellations of orders which have been placed for mate-
rials for road improvements.
The pressure is so great to-day on the American railroads by
reason of the growing needs of the vast population that they are
actually compelled to increase their facilities to keep pace with the
growing demands.
It would be simply suicidal on their part not to follow this
policy, and while they may threaten and bluster, yet as a matter of
fact they are not going to strike a vital blow at themselves.
That is not reasonable or rational.
The railroads are going to meet the necessary expansion of the
business interests and there are more crops and produce of all kinds
as well as manufactured goods to transport than ever before and
because of this vast increase it is not clear to a good many people
why it is necessary to raise the freight rates.
The railroads occupy a different relation to the people than
other corporations.
They are vital to the needs and necessities of millions of citi-
zens.
As time rolls on the relation between the public and the great
railroad companies will become more and more irritating until in
the end either the railroads will own the people or the people the
railroads and we are rather inclined to think that in the end the
ownership will be on the side of the populace.
The decreased number of idle cars reported recently indicates
a large volume of traffic, and bank clearings largely in excess of a
year ago tell the same story of sound monetary conditions. Good
crop prospects, improving foreign trade, and investors abroad buy-
ing our securities—all the basic elements of prosperity are at present
in evidence, and without doubt the railroad situation, which has
now been cleared by the action of President Taft, will not, for the
present at least, hold back business. The present irritation has
been reduced, but we shall have to stand an increase in the freight
rates in the near future.
T T NDOUBTEDLY this country will have a big World's Fair in
v_J 1915 to celebrate the opening of the Panama Canal.
EDITORIAL
Whether San Francisco or New Orleans will secure Govern-
ment aid in the furtherance of this enterprise is yet to be decided.
HE slump in stocks occasioned by the Government's attitude
Perhaps both cities may run shows of their own, but it is
towards the railroads has not had an enlivening effect upon
pretty certain that the American people will have another World's
trade. Neither has it helped out collections, and it only shows how
Fair to celebrate the completion of the big ditch which for centuries
keenly susceptible after all we are to depressing things.
has been the dream of man to accomplish.
We may proclaim loudly that we have reached the point where
The wedding of the Atlantic and Pacific will actually have
a panic is impossible, and yet when the first cloud appears on the taken place by that time, and the Straits of Panama will be ready
horizon numbers of people will rush to unload stocks with such
to carry the commerce of the world.
haste that it has a tendency to weaken the confidence of others in
Certainly that is an event worthy of a national celebration, and
securities of any kind, and as a result freedom of purchases becomes
it will have a far reaching effect upon the trade of the world.
seriously impaired.
The American flag has been practically wiped off the com-
This is the superficial side purely, and if stocks do go down a
mercial thoroughfares of the world, yet our coast carrying trade is
few points that does not affect in the slightest the real wealth of
enormous and without doubt the trade of the two coasts between
the country.
North and South America will be revolutionized.
Paper values may go tumbling hundreds of millions, but that
Freight rates, too, must be adjusted, and we can rest assured
does not mean that the real fundamentals have depreciated, but it that most of the pianos which are shipped to far Western points
does injure trade movements and curtails the volume of business
will be sent through the Straits of Panama rather than overland.
transacted throughout the country.
It will be a great triumph of American skill to have success-
There is no denying that fact for it is. apparent to all who fully completed this great engineering feat, but the commercial
give the subject even a cursory examination.
value of a World's Fair to the country is somewhat problematical.
Now, why is this?
So far as awards are concerned their value has greatly de-
Why should we tremble the moment there is a rush to unload
preciated.
stocks in Wall street?
They serve, however, to show that anyone receiving awards
The fundamentals of the country were never in better condition
from World's Fairs had sufficient business enterprise as well as
and in the agricultural sections there is little reason for complaint.
faith in their own products to make an exhibit to which the critical
Crop reports are excellent and business should move along
attenton of the world was drawn, but so far as the real value goes
smoothly.
it stands somewhat in the light of an artistic endorsement of a
It is said that the railroad corporations have cancelled a good
particular piano.
many contracts placed for railroad betterments and that they pro-
pose to limit their expenses to actual necessities.
HE great international fairs to-day do not have the depressing
Some of the railroad leaders threaten to reduce wages.
effect upon the cities where they are held that they did in
This, however, is viewed as a purely superficial statement rep-
former days.
resenting the wrath of the railroad men at the Government because
It took Chicago a long time to recover from the depression
T
T
\
THE
EDWARD
MU3IC TRADE
REVIEW
ILYMAW'BILLP
- Editor and^Proprietor
J. B. SP1LLANE, Managing Editor
Executive and Reportorlal Stall:
GBO. B. KELLHB,
W. H. DYKES,
R. W. SIMMONS,
L. E. BOWHRS,
B. BRITTAIN WILSON,
A. J. NICKLIN,
AUQOBT J. TIMPE.
CHICAGO OFFICE:
BOSTON OFFICE:
E. P. VAN HARLINGEN, 156 Wabash Ave.
G. W. HENDERSON, 180 Tremont St.
Room 806,
Room 18.
Telephone, Central 414.
Telephone, Oxford 2936-2.
PHILADELPHIA:
MINNEAPOLIS and ST. PAUL:
ST. LOUIS:
R. W. KAUFFMAN,
ADOLF EDSTEN,
SAN FRANCISCO:
CINCINNATI, O.:
BALTIMORE. MD.:
LONDON. ENGLAND:
CHAS. N. VAN BUREN.
S. II. GRAY, 88 First Street.
JACOB W. WALTERS.
A. ROBERT FRENCH.
60 Basinghall St., E. 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 Inch, 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 forms, should be made payable to Edward
Lyman Bill.
^ n important feature of this publication is a complete sec-
tion devoted to the interests of music publishers and dealers.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900
Silver Medal. Charleston Exposition, VM2
Diploma..Pan-American Exposition, 1901
Gold Medal. . .St. Louis Exposition, 1904
Gold Medal
Lewis-Clark Exposition, 1905.
LONG DISTANCE TELEPHONES-NUMBERS 4677 and 4678 GRAMERCY
Connecting all Departments.
Cable address: "Elblll, New York."
NEW YORK,
JUNE 11,
1910
REVIEW
it proposed to interfere with their plans regarding the advance of
freight and passenger rates.
W
E do not believe that the railroad chiefs will rush in with
cancellations of orders which have been placed for mate-
rials for road improvements.
The pressure is so great to-day on the American railroads by
reason of the growing needs of the vast population that they are
actually compelled to increase their facilities to keep pace with the
growing demands.
It would be simply suicidal on their part not to follow this
policy, and while they may threaten and bluster, yet as a matter of
fact they are not going to strike a vital blow at themselves.
That is not reasonable or rational.
The railroads are going to meet the necessary expansion of the
business interests and there are more crops and produce of all kinds
as well as manufactured goods to transport than ever before and
because of this vast increase it is not clear to a good many people
why it is necessary to raise the freight rates.
The railroads occupy a different relation to the people than
other corporations.
They are vital to the needs and necessities of millions of citi-
zens.
As time rolls on the relation between the public and the great
railroad companies will become more and more irritating until in
the end either the railroads will own the people or the people the
railroads and we are rather inclined to think that in the end the
ownership will be on the side of the populace.
The decreased number of idle cars reported recently indicates
a large volume of traffic, and bank clearings largely in excess of a
year ago tell the same story of sound monetary conditions. Good
crop prospects, improving foreign trade, and investors abroad buy-
ing our securities—all the basic elements of prosperity are at present
in evidence, and without doubt the railroad situation, which has
now been cleared by the action of President Taft, will not, for the
present at least, hold back business. The present irritation has
been reduced, but we shall have to stand an increase in the freight
rates in the near future.
T T NDOUBTEDLY this country will have a big World's Fair in
v_J 1915 to celebrate the opening of the Panama Canal.
EDITORIAL
Whether San Francisco or New Orleans will secure Govern-
ment aid in the furtherance of this enterprise is yet to be decided.
HE slump in stocks occasioned by the Government's attitude
Perhaps both cities may run shows of their own, but it is
towards the railroads has not had an enlivening effect upon
pretty certain that the American people will have another World's
trade. Neither has it helped out collections, and it only shows how
Fair to celebrate the completion of the big ditch which for centuries
keenly susceptible after all we are to depressing things.
has been the dream of man to accomplish.
We may proclaim loudly that we have reached the point where
The wedding of the Atlantic and Pacific will actually have
a panic is impossible, and yet when the first cloud appears on the taken place by that time, and the Straits of Panama will be ready
horizon numbers of people will rush to unload stocks with such
to carry the commerce of the world.
haste that it has a tendency to weaken the confidence of others in
Certainly that is an event worthy of a national celebration, and
securities of any kind, and as a result freedom of purchases becomes
it will have a far reaching effect upon the trade of the world.
seriously impaired.
The American flag has been practically wiped off the com-
This is the superficial side purely, and if stocks do go down a
mercial thoroughfares of the world, yet our coast carrying trade is
few points that does not affect in the slightest the real wealth of
enormous and without doubt the trade of the two coasts between
the country.
North and South America will be revolutionized.
Paper values may go tumbling hundreds of millions, but that
Freight rates, too, must be adjusted, and we can rest assured
does not mean that the real fundamentals have depreciated, but it that most of the pianos which are shipped to far Western points
does injure trade movements and curtails the volume of business
will be sent through the Straits of Panama rather than overland.
transacted throughout the country.
It will be a great triumph of American skill to have success-
There is no denying that fact for it is. apparent to all who fully completed this great engineering feat, but the commercial
give the subject even a cursory examination.
value of a World's Fair to the country is somewhat problematical.
Now, why is this?
So far as awards are concerned their value has greatly de-
Why should we tremble the moment there is a rush to unload
preciated.
stocks in Wall street?
They serve, however, to show that anyone receiving awards
The fundamentals of the country were never in better condition
from World's Fairs had sufficient business enterprise as well as
and in the agricultural sections there is little reason for complaint.
faith in their own products to make an exhibit to which the critical
Crop reports are excellent and business should move along
attenton of the world was drawn, but so far as the real value goes
smoothly.
it stands somewhat in the light of an artistic endorsement of a
It is said that the railroad corporations have cancelled a good
particular piano.
many contracts placed for railroad betterments and that they pro-
pose to limit their expenses to actual necessities.
HE great international fairs to-day do not have the depressing
Some of the railroad leaders threaten to reduce wages.
effect upon the cities where they are held that they did in
This, however, is viewed as a purely superficial statement rep-
former days.
resenting the wrath of the railroad men at the Government because
It took Chicago a long time to recover from the depression
T
T
\
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