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PHONOGRAPH AXEL B. JOHNSON, Managing Editor Published by THE PHONOGRAPH PUBLISHING CO., Inc. General Offices and Studio: 64 Hyde Par\ Avenue, Boston, Mass. Telephone Jamaica 5054 Cable Address: “Phono” All communications should be addressed to the Managing Editor at the Studio, 64 Hyde Park Ave., Boston, Mass. All unsolicited contributions must be accompanied by a self-addressed, stamped en- velope. TOE PHONOGRAPH MONTHLY REVIEW appears on the twenty-eighth of each month. All material is fully protected by copy- right and may be reproduced only by permission. All checks and money orders should be made out to THE PHONO- GRAPH PUBLISHING CO., Inc. Yearly subscription price $4.00 in the United States and $5.00 in Canada and other foreign countries, postage prepaid. Single copies 35 cents. »rAni ve ^ sing rates upon application. All advertisements for the MART COLUMN must be accompanied by remittances in full: for rates see under MART COLUMN. Subscription and advertising agents given liberal commission. Write for particulars. Editorial With this issue The Phonograph Monthly Review completes its Volume No. 1, and the first year of its existence. In the first number we stated that “our primary purpose is to serve as the in- termediary between those interested in recorded music as amateurs and those as professionals . . . to keep the public informed of the latest developments of worth ... to study and review carefully and impartially monthly releases of records.” A year has taught us much: we are constantly learn- ing to adapt our contents to fill the demands of our readers,—but in principle, our policies remain the same. To the contributors, subscribers, and friends whose efforts have done so much to carry us over the hazards of “the first year” and to set us firmly on the high-road to further progress, our most grateful thanks are due. Perhaps the most encouraging and splendid feature of the whole work is the generous co-operation and friendship we have been tendered from all sides. With such support as the nucleus, our task of expansion and development is certain of success. For, as we stated last month, we feel that we have so far merely found ourselves, and will not fulfill our larger purpose until we have made the magazine available in the leading dealers’ shops in every community of the country. Suggestions from our readers regarding suitable dealers have been very helpful; they are constantly welcomed. We have never made a plea for assistance in obtain- ing new readers and shall not make one now, but we feel confident that our friends will continue to augment our own efforts by kindly bringing the magazine to the attention of other music lovers and record buyers who would derive equal enjoyment from its pages. For with expansion it will be possible to increase the size of the magazine, inaugurate new features, and double and re-double its unique value. Our cause is yours, and yours ours! Together it will be possible to build a great struc- ture on the foundation our co-operative efforts have laid. See last pa&e for Table of Contents Copyright, 1927, by the Phonograph Publishing Company, Inc.