VERY musician... pianist, singer and organist...every teacher and every strument owner will welcome this inention into their studio, concert hall into their home.

An Invention of Necessity he STANLIGHT... tested for two years by andreds of eminent artists before being fered to the public... was invented by e celebrated baritone, Mr. James Stanley, ly after years of search for a practical lution of the music lighting problem. bat STANLIGHT will do for you ne STANLIGHT is a beautiful, sourceseen light... glowing softly and clearly NDER the entire music spread...shieldg your eyes and the eyes of your auence. It illuminates every note... throws shadows...makes for easy turning

JAMES STANLEY

Celebrated Baritone and Inventor

Mr. Stanley's invention of the STANLIGHT has been hailed everywhere as the FIRST and ONLY practical solution of the music lighting problem ...in utility and beauty.

of the sheet...speeds and actually improves your playing.

Both Lamp and Music Rack The STANLIGHT is both a lamp and music rack in one. The grooved glass music

base under which (standard) lights are concealed, is 32 in. wide by 18 in. long. It is tastefully finished and most artistic in appearance. Rubber clamps prevent marring. Easily put on and off instrument.

TEN-DAY FREE TRIAL Send no money. Just mail coupon below Christmas orders promptly filled

Try the STANLIGHT ten days at our expense. Simply fill in and mail the coupon below (State whether for grand or upright.) We will send the STANLIGHT to you-parcel post prepaid. If you wish to keep it, send us $14.50. Or, if you prefer, $7.50 in ten days and $7.50 one month later. Otherwise return it in good condition and we will not charge you anything.

The STANLEY LIGHT RACK, Inc. 390 Second Avenue New York, N. Y.

~

THE OUTLOOK AND INDEPENDENT, December 19, 1928. Volume 150, Number 16. Published weekly by The Outlook Company at 120 East 16th Street, New York, N. Y. Subscription price $5.00 a year. Single copies 15 cents each. Foreign subscription to countries in the Postal Union, $6.56. Entered as second-class matter. July 21, 1893, at he Post Office at New York, N. Y., and July 20, 1928, at the Post Office at Springfield, Mass., under the Act of March 3, 1879. Copyright, 1928, by The Outlook Company.

Looking Forward

TWO THINGS, in this issue,-aside from James Truslow Adams's query about the future of our mass production commercial fabric-stir the imagination and evoke dramatic pictures of life as it soon may be on this planet.

ONE IS THE extraordinary invention shown in Rochester, New Yorkthe new device for setting type by telegraph so that a single typist may put into automatic and simultaneous operation in a thousand widely scattered newspaper offices a thousand linotype machines; thus, in effect, printing from a distance at one stroke the thoughts or actions of men as they are reviewed or expressed. The other is Santos Dumont's completion and test in Brazil of his "Martian transformer," a device weighing two pounds, which permits man to walk great distances with so little fatigue and such an increase in speed as to approach the art of flying as the crow flies.

BOTH THESE machines reinforce the view now widely held that increasing changes by science and machinery are inevitable in our civilization. No matter what different forms of social or industrial control humanity may try in its effort to secure collective happiness in the future, man will never discard the machinery and implements which scientific invention has put in his hands. The old, purely agricultural and trading world is fast altering, never to return. It may be that it is only a temporary condition which permits the industrial city to draw more and more wealth, population and power to itself, at the expense of the rural district. But the machines and implements and newly controlled forces extracted from nature are here for all time.

SUCH QUESTIONS as Mr. Adams raises must some time be settled-possibly soon. When they are, political lines may dim, new states may rise which will be definitely economic in their aims, their thinking, and their structure, constituting a world the like of which men have never seen. But the basic foundation upon which future civilization will rest will inevitably be science and the machine.

Francis Profus Bellamy

OR THE LAST

and Independent

December 19, 1928

seven

years the world has gazed with amazement at the ghts to which prosperity has ained in America. We ourves have become dizzy in tching it, and the stock rket now appears to have come economics in delirium

mens.

Many of us, however, have lieved for some time that was not as golden as it was ng made to seem. Some of points that have troubled are now becoming matters public, even official, dission as in the recent address

ities

the chief statistician of the National lustrial Conference Board. The ntry, he says, is in the grasp of a osperity complex" which has been idiously built up in the past few rs. Prosperity has been largely a te of mind, "an illusion created by raordinary financial conditions, by eptional activity in producing certypes of goods, by radical changes the organization and methods of nufacture, by changes in methods of tribution, and by shifts in living its." Any one who has kept his d in the recent amazing whirl st acknowledge the truth of this

er statement.

Many fundamental industries, for exple, such as agriculture, sugar, rub, textiles, coal, ship building, railway plies and, to a considerable extent, nsportation, so far from having been sperous have been notably unprosrous. Both the capital and labor ployed in these vast industries have shared in what has been claimed be the astounding prosperity of the

country as a whole, although owing to competition with the high-wage massproduction industries, labor has fared better than capital.

Even in the industries which are supposed to have been prosperous the illusion has been due to the spectacular rise of certain individual companies. These companies, commanding enormous aggregates of capital, capable of spending unlimited sums for expert staffs in research laboratories for cutting costs and with other resources of modern superhuman business have prospered enormously at the expense of their smaller rivals. The stocks of these great companies are listed on public markets. Their monthly or quarterly reports are "news." We hear of their regular and great increases in earnings. We watch their stocks soar to 200, 300, 400 to be "split up" two or three for one, and the new stocks continue the soaring process until some of them are now selling at from $800 to $2,000 a share for their capitalization of a few years ago.

It is very impressive, but we hear nothing of the fortunes of their smaller competitors, who have been anything but prosperous. I have in mind one moderate sized company which had been prosperous until a couple of years ago. One of the supercompanies decided to manufacture the same product that this company had been making. The smaller company found itself helpless in has been lost. But the stocks of competition and its business these smaller companies are for the most part closely held. They are too small to be speculative footballs, and their reports are not news. The public is not interested in them. Once in a while they acquire a spokesman to tell of their ills. and we then learn that even in what have been supposed to be the prosperous lines of industry, prosperity has been strangely limited.

Just as I write this paragraph my attention is called to the prophecy in today's paper by that veteran business observer and prognosticator, John Moody, that we are about to enter on a great period of prosperity, a period in which there will be "a redistribution of prosperity, assuring profits for the small merchant and manufacturer as well as the large corporation." Whatever we may think of this statement it indicates that in the past few years in what the National Administration has been dinning into our ears as the greatest prosperity the world has ever seen, the small men and companies have not been prosperous.

Again, new methods of merchandising have given the illusion of far