Music Trade Review
Issue: 1911 Vol. 53 N. 17 - Page 8
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
a fraudulent scheme without disclosing sufficiently
for corrective purposes the plan underlying the
New York Credit Men's Association Launches scheme. The collection of data concerning fraudu-
Plan for Fighting Fraud—Complaints of lent operations from a large variety of sources
Members to Be Filed and Investigated by would furnish material upon which to base a sys-
Counsel—Isolated Prosecutions Not Suffi- tematic campaign for the elimination of the evil
cient—Systematic Campaigns to Be Waged as well as the punishment of the perpetrators. The
for the Elimination of the Evil.
New York Credit Men's Association, because of
the large number of business interests constituting
The New York Credit Men's Association has -its membership and the confidence of that member-
formulated its plans for a systematic campaign ship and its management, is conceded to be the
against fraud in business transactions, which have best adapted to undertake and successfully con-
been for some time under consideration. While summate the plan for the ascertaining of facts
many other affiliated branches of the National As- and the providing of remedies.
sociation of Credit Men have been working for
"Many firms take the position that they would
the same object, the situation in New York is rather suffer a small loss as the victim of fraud
complicated by such an immense variety of inter-
than to take upon themselves the burden of in-
ests represented in the association that more than vestigation of the facts and action looking to the
the usual study has been required so as to fix upon protection of others or even of themselves against
a system which would treat all members fairly.
a similar occurrence, and it is only when the suf-
The chief feature of the plan recommended by
ferer from such fraud is seriously damaged that
the investigation and prosecution committee of the he turns aside from the routine of his business
New York Credit Men's Association is the estab- work to seek redress. This is particularly the
lishment of a complaint bureau under the direct case in the average small bankruptcy case that has
charge and control of counsel for the association.
the taint of fraud, and such bankrupts, encouraged
The committee in its report says the association's by the creditor's apparent indifference to his own
members will shortly be asked to contribute to the interests in invoking the bankruptcy act to rid
prosecution fund, and this will be employed on him of his just obligations, start anew without hav-
such a complaint bureau and the collection of data ing had anything proved against his record.
concerning fraudulent operations.
"It is also the case with those who suffer by the
"The work will be sufficiently comprehensive to fraudulent conveyance in bulk of their goods in
interest and benefit the great variety of business fraud of creditors when the individual's creditors
represented in the association's membership. The interests are small, though the aggregate amount
plans are based upon the belief that commercial is large. When the creditor does act he seldom
fraud is systematically practiced in certain of its reaches beyond the debtor to the inducing cause
phases by persons who make such operations their of the debtor's dereliction. It may be that the
regular business.
creditor ascertains that the debtor sold out to a
"There is a firm and fixed conviction in the 'cash buyer,' who in turn disposed of the goods
minds of the members of the committee that spas- through an auctioneer. As far as the facts of the
modic criminal prosecutions of individuals are not particular case are disclosed the buyer and the
sufficiently effective in overcoming business frauds auctioneer are comparative strangers, and it is
operated upon a systematic scheme; the scheme it-
made to appear that the case is their first dealing
self must be made the subject of investigation and with each other, whereas it is probable, and almost
study in order to effect a proper diagnosis of the certain, that that particular 'cash- buyer' and auc-
trouble and the administration of a remedy. An tioneer have been engaged regularly and system-
isolated case as a rule merely shows the effects of
atically together in many similar operations. In
fact, this type of buyer and auctioneer depend
upon such fraudulent operations for their sub-
sistence. Such auctioneers seem to have no dif-
ficulty in being relicensed from year to year, noth-
ing being brought to the attention of the authori-
ties upon which to refuse a license.
"The committee's plan is to establish a complaint
bureau under the direct charge and control of
counsel for the association and to invite from all
the members of the association complaints of any
grievances coming within the scope set forth be-
low. For this purpose printed forms with appro-
priate blanks will be prepared and furnished to
the members upon which to make a confidential
report to the counsel of their complaints. Each
complaint will receive the attention of the counsel
immediately upon its receipt and will be investi-
gated by his office.
"If the members take advantage of this oppor-
tunity and place on record with the complaint
bureau every case of palpable fraud, or even of
Every Packard owner is a Packard
suspicion, this data will be properly and scientifical-
booster. He is more than satis-
ly
systematized, indexed and arranged, and in time
fied—for he has received more
the association will be in possession of facts upon
than "full value" for his money
which proper action for the checking and correct-
ing of abuses can be taken. The members are to
That's the reason Packard pianos
be encouraged to make complaints, even though
the specific facts which they may furnish are nor
are easy to sell—and that's the
sufficient in themselves to warrant action, because
reason you will find profit and
such facts when collated 'with other data obtained
pleasure in selling them. Also it's
from similar complaints from other parties, if not
the reason why we are finding it
used for criminal prosecution, may be available
easy to get the better dealers
for use in securing enactment of suitable laws for
everywhere to handle them. Write
the protection of business interests.
The Packard Company, Fort
"It is not intended to have the complaint bureau
Wayne, Indiana—to-day. If we
used in any way for collection purposes or to
are not already represented in
answer questions of law involving the business of
your territory, we may be glad
the members.
to make agency arrangements
"Complaints will be invited in the following mat-
with you—and it may mean for
ters : 1. Bankruptcy. 2. Fraudulent debtors. 3.
you the one big opportunity.
False written financial statements. 4. Auctioneers.
5. Collection agents. 6. Administration of laws
affecting business interests."
ESTABLISH FREIGHT BUREAU.
KUBELIK AND THE KNABE PIANO.
The Famous Violinist Writes a Most Interest-
ing Letter to Wm. Knabe & Co. Regarding
the Satisfying Qualities of Knabe Pianos.
Wm. Knabe & Co. have just received from Jan
Kubeiik, the celebrated violinist, who has been
heard with such success in New York recently
preparatory to a transcontinental tour, the follow-
ing communication dated from the Hotel St. Regis,
Oct. 21st:
'Messrs. Wm. Knabe & Co.,
Knabe Building, New York City.
"Gentlemen: Before leaving for my transcon-
tinental tour, I wish to ask you kindly to send
for the pianos which were placed at my direction
at the Hotel St. Regis for my use while in New
York City. It is also timely to tell you that the es-
teem in which I have always held your pianos has
been increased through the impression which I
have received from the little Mignonette grand
and the small upright grand pianos, which were
used by me and Mr. Schwab, my accompanist, re-
spectively. These products show such a strong,
marked advance in the building of pianofortes'
since my last tour that I must compliment you.
"Knabe pianos have always been praised
throughout the world, but these two specimens of
your present production appear to me so substan-
tially elegant in their make-up, so sonorous and
even in tone, that they respond to every wish of
the artistic temperament. In our work Mr. Schwab
runs through the whole gamut of dynamics' from
the soft caress of the keys to a thundering attack
of every register. The response is always perfect,
and, as I started to say, it is only fair that I should
acknowledge your superiority. With thanks and
best wishes, I am,
Cordially yours',
"JAN
KUBELIK."
This voluntary and pleasing tribute to the fine
qualities of the Knabe piano is certainly something
of which the manufacturers can with justice feel
proud, for Kubelik is not merely a great master of
violin technique, but a musician who comprehends
and appreciates tone values.
THEY:
COST
MORE
A satisfied customer
is a real profit maker
—the best salesman a
piano dealer can possibly
have
THEY'RE
WORTH
IT
To the manufacturer who
values his reputation, and to
the dealer who wants his cus-
tomer's confidence, demand
them in the pianos you han-
dle—especially in the players
—made of superior German
felt
401-424 E. 163d St., New York
Chicago Office: Republic Bldg.
THE
MUSIC TRADE
REVIEW
a fraudulent scheme without disclosing sufficiently
for corrective purposes the plan underlying the
New York Credit Men's Association Launches scheme. The collection of data concerning fraudu-
Plan for Fighting Fraud—Complaints of lent operations from a large variety of sources
Members to Be Filed and Investigated by would furnish material upon which to base a sys-
Counsel—Isolated Prosecutions Not Suffi- tematic campaign for the elimination of the evil
cient—Systematic Campaigns to Be Waged as well as the punishment of the perpetrators. The
for the Elimination of the Evil.
New York Credit Men's Association, because of
the large number of business interests constituting
The New York Credit Men's Association has -its membership and the confidence of that member-
formulated its plans for a systematic campaign ship and its management, is conceded to be the
against fraud in business transactions, which have best adapted to undertake and successfully con-
been for some time under consideration. While summate the plan for the ascertaining of facts
many other affiliated branches of the National As- and the providing of remedies.
sociation of Credit Men have been working for
"Many firms take the position that they would
the same object, the situation in New York is rather suffer a small loss as the victim of fraud
complicated by such an immense variety of inter-
than to take upon themselves the burden of in-
ests represented in the association that more than vestigation of the facts and action looking to the
the usual study has been required so as to fix upon protection of others or even of themselves against
a system which would treat all members fairly.
a similar occurrence, and it is only when the suf-
The chief feature of the plan recommended by
ferer from such fraud is seriously damaged that
the investigation and prosecution committee of the he turns aside from the routine of his business
New York Credit Men's Association is the estab- work to seek redress. This is particularly the
lishment of a complaint bureau under the direct case in the average small bankruptcy case that has
charge and control of counsel for the association.
the taint of fraud, and such bankrupts, encouraged
The committee in its report says the association's by the creditor's apparent indifference to his own
members will shortly be asked to contribute to the interests in invoking the bankruptcy act to rid
prosecution fund, and this will be employed on him of his just obligations, start anew without hav-
such a complaint bureau and the collection of data ing had anything proved against his record.
concerning fraudulent operations.
"It is also the case with those who suffer by the
"The work will be sufficiently comprehensive to fraudulent conveyance in bulk of their goods in
interest and benefit the great variety of business fraud of creditors when the individual's creditors
represented in the association's membership. The interests are small, though the aggregate amount
plans are based upon the belief that commercial is large. When the creditor does act he seldom
fraud is systematically practiced in certain of its reaches beyond the debtor to the inducing cause
phases by persons who make such operations their of the debtor's dereliction. It may be that the
regular business.
creditor ascertains that the debtor sold out to a
"There is a firm and fixed conviction in the 'cash buyer,' who in turn disposed of the goods
minds of the members of the committee that spas- through an auctioneer. As far as the facts of the
modic criminal prosecutions of individuals are not particular case are disclosed the buyer and the
sufficiently effective in overcoming business frauds auctioneer are comparative strangers, and it is
operated upon a systematic scheme; the scheme it-
made to appear that the case is their first dealing
self must be made the subject of investigation and with each other, whereas it is probable, and almost
study in order to effect a proper diagnosis of the certain, that that particular 'cash- buyer' and auc-
trouble and the administration of a remedy. An tioneer have been engaged regularly and system-
isolated case as a rule merely shows the effects of
atically together in many similar operations. In
fact, this type of buyer and auctioneer depend
upon such fraudulent operations for their sub-
sistence. Such auctioneers seem to have no dif-
ficulty in being relicensed from year to year, noth-
ing being brought to the attention of the authori-
ties upon which to refuse a license.
"The committee's plan is to establish a complaint
bureau under the direct charge and control of
counsel for the association and to invite from all
the members of the association complaints of any
grievances coming within the scope set forth be-
low. For this purpose printed forms with appro-
priate blanks will be prepared and furnished to
the members upon which to make a confidential
report to the counsel of their complaints. Each
complaint will receive the attention of the counsel
immediately upon its receipt and will be investi-
gated by his office.
"If the members take advantage of this oppor-
tunity and place on record with the complaint
bureau every case of palpable fraud, or even of
Every Packard owner is a Packard
suspicion, this data will be properly and scientifical-
booster. He is more than satis-
ly
systematized, indexed and arranged, and in time
fied—for he has received more
the association will be in possession of facts upon
than "full value" for his money
which proper action for the checking and correct-
ing of abuses can be taken. The members are to
That's the reason Packard pianos
be encouraged to make complaints, even though
the specific facts which they may furnish are nor
are easy to sell—and that's the
sufficient in themselves to warrant action, because
reason you will find profit and
such facts when collated 'with other data obtained
pleasure in selling them. Also it's
from similar complaints from other parties, if not
the reason why we are finding it
used for criminal prosecution, may be available
easy to get the better dealers
for use in securing enactment of suitable laws for
everywhere to handle them. Write
the protection of business interests.
The Packard Company, Fort
"It is not intended to have the complaint bureau
Wayne, Indiana—to-day. If we
used in any way for collection purposes or to
are not already represented in
answer questions of law involving the business of
your territory, we may be glad
the members.
to make agency arrangements
"Complaints will be invited in the following mat-
with you—and it may mean for
ters : 1. Bankruptcy. 2. Fraudulent debtors. 3.
you the one big opportunity.
False written financial statements. 4. Auctioneers.
5. Collection agents. 6. Administration of laws
affecting business interests."
ESTABLISH FREIGHT BUREAU.
KUBELIK AND THE KNABE PIANO.
The Famous Violinist Writes a Most Interest-
ing Letter to Wm. Knabe & Co. Regarding
the Satisfying Qualities of Knabe Pianos.
Wm. Knabe & Co. have just received from Jan
Kubeiik, the celebrated violinist, who has been
heard with such success in New York recently
preparatory to a transcontinental tour, the follow-
ing communication dated from the Hotel St. Regis,
Oct. 21st:
'Messrs. Wm. Knabe & Co.,
Knabe Building, New York City.
"Gentlemen: Before leaving for my transcon-
tinental tour, I wish to ask you kindly to send
for the pianos which were placed at my direction
at the Hotel St. Regis for my use while in New
York City. It is also timely to tell you that the es-
teem in which I have always held your pianos has
been increased through the impression which I
have received from the little Mignonette grand
and the small upright grand pianos, which were
used by me and Mr. Schwab, my accompanist, re-
spectively. These products show such a strong,
marked advance in the building of pianofortes'
since my last tour that I must compliment you.
"Knabe pianos have always been praised
throughout the world, but these two specimens of
your present production appear to me so substan-
tially elegant in their make-up, so sonorous and
even in tone, that they respond to every wish of
the artistic temperament. In our work Mr. Schwab
runs through the whole gamut of dynamics' from
the soft caress of the keys to a thundering attack
of every register. The response is always perfect,
and, as I started to say, it is only fair that I should
acknowledge your superiority. With thanks and
best wishes, I am,
Cordially yours',
"JAN
KUBELIK."
This voluntary and pleasing tribute to the fine
qualities of the Knabe piano is certainly something
of which the manufacturers can with justice feel
proud, for Kubelik is not merely a great master of
violin technique, but a musician who comprehends
and appreciates tone values.
THEY:
COST
MORE
A satisfied customer
is a real profit maker
—the best salesman a
piano dealer can possibly
have
THEY'RE
WORTH
IT
To the manufacturer who
values his reputation, and to
the dealer who wants his cus-
tomer's confidence, demand
them in the pianos you han-
dle—especially in the players
—made of superior German
felt
401-424 E. 163d St., New York
Chicago Office: Republic Bldg.
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