The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1861-11-21

lOl1ly ~ ~
The erection of the Home was a very expen.
sive enterprise, and the association was com.
PEELED to incur heavy liabilities and debt, but
during the past year that was fully paid of, and
the institution, on the 9th OF December, 1860,
declared out of DEBT. Ii is n most encouraging
made an appeal for funds which has not been
most cordially responded to. The trustees them
selves have always been willing to make liberal
contributions before they sent forth an appeal
to the community. In the year 1859, the trus-
tees made up n contribution among themselves
to nearly 5000 (&578) for the purpose of liqui-
dating a debt which Mr.. and Mrs. Thrum had
incurred for the benefit Of the institution. The
foregoing facts show most conclusively, that
those gentlemen who have been entrusted with
the supervision 4of this Institution, have not
shrunk from their full share of responsibility.
The Hawaiian Government has also manifested a
most friendly feeling towards this establishment.
The valuable piece of land was a gift, and in
other ways, it has appeared that it was disposed
to befriend the institution.
The question has been often asked, why NAV
not the Home be made u selEsupporting Institu-
ton. Is it necessary to make additional ap-
peals for funds? These questions may be salts
factorily answered by asserting that so far rs a
mere boarding house the Home has not incurred
any debts, neither has any appeal for funds
ever been made to make up losses in the board
ing department.. Those who have had the Home,
have meyer been charged any rent, and have
never called upon the Trustees TO make vp their
losses. We are able to state exactly what these
losses have been.'4During the five seasons that
I Mr.. and Mrs. Thrun carried on the Home, i. e..
from Sept, 1856, to January, 1861, they lost by
bad debts, and money advanced to boarders, the
large sum of thirteen hundred and tirenfy-fonr
dollars and 7sepenty-fre cents Isl ,32i,75) or
nearly 10 per cent. upon all their bills. Had
they received all this amount and met no other
losses, they would not have made any thing more
than q fair living in the Home. 1t should be
borne in mind, that it is only part of the year
that the Home can be made really a paying es-
adjustment, even if all the boarders should pay
their bills in full and punctually. 1t was never
designed to make the establishment a money
making concern, but its prosperity and success
demand that those keeping the boarding de-
partment shall be able to secure a good support
OF honest living. = - az OK
One of the largest and most constant con-
tributors recently remarked, that if the Home
should now be burnt down, it had moro than
paid for itself" In a moral and benevolent
point of view, it has always been a paying insti-
luton. We know not how the same amount of
benevolent contributions could have been ex-
pended in q manner to have diffused a more salu-
tary, healthful and benefceDt influence among
the varied and roaming class of men whom it was
designed to benefit Among candid and right
minded persons, there can be no question but that
it should be carried forward. Money contributed
for its support is well invested.
Inc recOruS OF tne INSTITUTION Will snow that
every dollar which has been contributed has been
expended in strict accordance with the designs of
the institution, viz: in erecting the buildings,
procuring furniture, sustaining the r~eadingroom,
keeping the buildings in repair, &c.
The most noticeable event occurring during the
past year, in connection with the Home, has been
ahe resignation of Mrs. Thrum as manager, and
the transfer of the Home to Capt. and Mrs. Dat
as managers. Mrs. Thrum rendered her resigna-
ton on the 18th of February The Trustees,
learning that she could not be persuaded to con-
time any longer in the station, which she had so
long occupied with credit TO herself and useful
ness to searncn, passed the following resolution:
Reso'rsd. That the thanks Of the Trustees are hereby ten
der-d 20 Mrs Thrum for her faithful and efficient management
81 the Home during the time It has been under her charge, and
take this opportunity to express their regret at The peces-
siy which withdrass her from the Home as the manager.
On retiring, Mrs. Thrum furnished. at the
request of the Trustees, a complete list of board
the amount of each ones Indebtedness, &c.
This report is highly valuable for reference, and
shows most conclusively that it has only been by
strict economy and good management that the
Home has been carried forward.
The Trustees would congratulate seamen, and