I discussed this idea with several of my friends and some old subscribers and friends of the Philharmonic at a meeting held on January 5, 1903, and it was resolved to obtain a fund of fifty thousand dollars a year for four years, to be administered for the benefit of the Philharmonic Society as a permanent orchestra fund by a board of fifteen or more trustees, but it was not to be subject to the control of the Philharmonic Society. This fund was to be the beginning of an endowment for a permanent orchestra, of which the Philharmonic Society was to be the nucleus. The terms of the deed of trust under which the fund was to be held were to be determined by a committee of three, consisting of Mr. Samuel Untermyer, Mr. John Notman, and Mr. E. Francis Hyde.

The members of the Philharmonic Orchestra were not unfavorably disposed toward our scheme. The idea of being guaranteed a yearly salary instead of sharing problematic yearly profits, naturally appealed to them; but when our committee explained to them that, under the terms of such an endowment, several of the playing members would have to resign their places because in the opinion of the committee they had passed the age of usefulness, they rebelled. Nor did they feel inclined to give up the absolute management of their concerts.

Among the most respected members of the Philharmonic Orchestra were two old violinists. The one, Richard Arnold, vice-president of the society, had been concert master under my father twenty-five years before and still officiated in that position in the Philharmonic. The other, August Roebbelin, who had played as first violinist in the orchestra for nearly forty years, had also acted as manager of the society and unselfishly given his best energies to its affairs. As a violinist, however, he had passed his time of usefulness. Our committee, perhaps rather bluntly, informed the Philharmonic committee that under the reorganization the selection of the orchestra must be left in the hands of the conductor and that Mr. Arnold would have to content himself with a second position at the first stand, so that a younger artist could become concert master, and that several of the first violinists, among them Mr. Roebbelin, would have to be retired altogether.

I had made it particularly clear that my selection as conductor for the following year was not in any way a necessary part of the reorganization scheme, as it seemed to me that the only way to achieve a real permanent orchestra for New York was to unite the conflicting factions and to let the choice of conductor be made after the organization had been properly placed upon a sound and comprehensive basis.

After lengthy negotiations the Philharmonic, in a letter of February 28, 1903, definitely refused the offer of the reorganization committee because, as their secretary expressed it, the amendments required by our committee “would so change the nature of the society as to seriously interfere with the control of its affairs by its members, which has always been its vital principle, and that the future prosperity of the society would thereby be impaired.”

As I had no desire to continue another year with the orchestra on the basis of existing conditions, I wrote to Mr. Arnold and requested that my name be not proposed as a candidate for the following year. I had been in a very delicate position during all this time, as I had grown quite fond personally of some of the very men whom, for artistic reasons, it was necessary to retire. It was not in human nature that they should have seen themselves as others saw them, or heard themselves as others heard them, and at our rehearsals and concerts they all certainly gave the best that was in them. The changes which I had proposed were necessary, however, if the society expected to continue its existence as an orchestral body.

For a few years they staved off the inevitable by engaging for each season a number of European guest conductors. This served as a stop-gap, as it diverted the attention of the audience from the deficiencies in the orchestra to the different and interesting personalities and musical specialties of the conductors. But then a reorganization plan, exactly on the lines originally proposed by me, completely eliminating the power of the orchestral players to manage the concerts or to select the players in the orchestra, was accepted by them, and to-day the orchestra of the Philharmonic Society is organized and successfully working on exactly the same basis as the New York Symphony Society and the Boston Orchestra.

For me the rejection of our reorganization plan was at the time naturally a great disappointment, but not for long, as my efforts had made new friends for me and in a new direction, which eventually proved a turning-point in my life.

On March 19, 1903, I received a letter which read as follows:

I have been instructed by the members of the Permanent Orchestra Fund Committee to express to you their appreciation of the spirit of unselfishness and of loyalty to the highest artistic interests which has characterized your attitude during the negotiations which have been in progress between our Committee and the Philharmonic Society. We regret that a consolidation of our interests has proved impossible, but we relinquish the plan we had in view with the greatest respect and admiration for your broad attitude of mind in regard to the undertaking, for your musicianship, and for your devotion to the cause of music in which we are all working.