The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1858-04-29


A RsxEpr Hrnfs -Merehsnas' Mage
sine for March. in a well digested article upon tn
general aspect Of financial affairs in the United States
after stating two remedies. which have been proposet
to prevent the banks from over trading-obligiuf
them to keep on hand a certain proportion of theil
obligations in specie, or forbidding the payment O
interest ON country bank deposits-goes on to re
mark N s.
1--WE suggest a remedy which. to our mind, III bet
ter than either. Repeal the usury laws. and allow
free trade in money. Disguise Il as we may, the
present banking system is sustained because il is q
safe and ingenious method ofinvesting money at some
thing above the ordinary rates of legal interest, and
it is in straining after high dividends that these
money lenders run into the practices of which the
public complain. Either allow the private capitalist
to loan his money directly and honorably at eight,
nine, or ten per cent. per annnm, or else restrict the
bank dividends to legal interest, and forbid any ac-
cumulation of surplus profits. This will cut the knot
of the difficulty Mt once, and there need be no mys-
terry about the effect in either case"
SAILING OF THE LIHoLIHo.-This vessel, dispatched
by A. Harris & Co., sailed on Monday evening, for
San Francisco with a full cargo, all Hawaiian pro-
duce, with the exception of a small item of oil. This
fact would seem to indicate that the growing trade
between this port and San francisco, will furnish
employment for another regular packet, and doubt
less a fast sailer of about the same tonnage with the
Yankee, would pay well.
MORE CoRN.-Mr. J. R. Williams. of waimalu, on
this island, has sent US half a dozen ears of corn
raised on his place, which certainly stakes the rag
off of anything yet in this line. The six ears sent
US average 700 kernels to the ear. This is almost up
to the prize standard in Pennsylvania, where $40
kernels were counted on one ear. Mr.. Williams,
however, exhibits beautiful corn.-can t some one
do better still?
We have received a long communication from a
correspondent, touching the Efficiency Of the Pollce''
based upon an article recently published in the Poly
nesiaa a, showing a large decrease, according to the
Marshals re ort, in the number of arrests the past
year. compar d to the year previous. Hoping that
the Legislature. so soon to meet, will take this matter
of the police in hand. we prefer not giving it publicity
for the present, like several other communications
upon the same subject.
VESSELS ExPEcrED.-Among the list of vessels
expected from foreign ports for some time past has
been the brig Hero, from Hongkong, and the ship
Jdspasid, from Acapulco. By advices received per
last mail, we learn that the Hero will be employed in
the China waters for several months to come, and
that the a asia has gone to Hongkong.
LARGE tomatoes We saw n monster tomatoe the
other day, which came from the garden of Capt.
Adams, the veteran of kllihi. We had the curiosity
to weigh il, and found it to be but little short Il two
pounds. This excellent fruit bears protusely On
these islands. -
HAVE WE SNAKES on THE ISLAND ?-Tt is said that
these reptiles have been seen in two instances-at
Palama, and Moanalua. 1t is just possible that their
eggs may have been brought here from California,
but until we see the yarm:nts, we shall believe they
are lizards. -
ANOTHER SUGAR PLANTATIoN-The rumor is that
a new sugar plantation is about 20 be started at East
Maui, though we cannot ascertain who are the par
ties. The present brisk trade in sugar and the
brilliant prospect Of those owning plantations, will
no doubt prompt new enterprises in that line.
= If a small boy is Il lad is a bigger boy a lad
Ter This squib was in n late Commercial. A
certain man gravely inquired o: US if this was going
he rounds.
The fellow that run over ears in debt for jew
for the ears of his lady love, became it is said
he subject of an atfachaeat (Sherit's, we ~suppvse).
OMIssIoN.-In our Shipping List issued on Satur-
the sailing of the Hawaiian whaling brig pfctO-
ia, for the Northward, ON the list inst, was mad
Iertentiy omitted.
q Esop IN a Cook SHoP-It sounds strange, but
Without any fable, Esop keeps a restaurant IN Homo
ulu. Any one can see his $ gn at the foot OF Mauna
Iea street ,-'' Esop, East India Restaurant"
----