The Hawaiian gazette., 1870-04-27

which Is capable Of development can ne
main long isOIzfed: neither can one ooun-
try long reap unreasonable gain from the
necessities of another. Individuals may
suffer. and momentSrv embarrassment
mav arise in trade from miscAlouiacons,
or unusual movements in staple articles:
still. the best markets for staple articles
OF consumption Viii be where the great
est populations are 70 be supplied, and
where conflicting interests viii prevent
combinations TO cheaper any particular
article. Here is one great advantage
which the Australian market for our prin-
cipal product presents over thsi which
we now possess. We now have market
which supplies some seven hundred and
fifty Thousand people, with only one con-
siderable POrt of supply, where 1t Is posi-
bic 70 foI1n combinations which materially
affect producing countries On the other
hand. the Australian and New Zealand
Colonies present market which supplies
nearly three millions Of people, with sew
erAl ports Of supply, rivals IN Interest And
IN trade, where there is no possibility OF
combinations TO govern the market pnce
of snv particular article To say that the
value Of the same article viii be greater
in one non-prodnoing country than in
another. when there Is an uninterrupted
ocean between them, seems TO Us to be
hardly sound, because the producer, who
Is perfectly aware Of the state Of the
market in each locality, viii certainly seek
the best, and thus e9uaIize ,he values.
This VIII be particularly so with California
snd Australia when line of fast steamers
Is constantly running between the two
countries. We have hitherto enjoyed,
under 81 the circumstances. 2n excellent
market for our sugar; probably realizing
S higher price fer Il FOR the past few years
than any sugaT-produeing country in the
world. Ii Is improbable, II no, impossible.
that We should enjoy that happy state Of
affairs for heightened period; in fact,
from present spPea.snoes. we sre 10 enjoy
II no longer. We must seek the markets
Of the world which are most accessible 10
rs. and depend more upon cheap produe-
ton than upon extraordinary prices We
must compete, IN production. with other
sugar-crowing countries, and if we can
not produce IS eheaply IS they can, we
must be content with less profits. or, If
We fAl 50 far behind as 10 make the pro-
6uction cost more here than they can be
furnished 70 foreign markets. We viii have
TO go under in that line Of production.
and undertake something else. There Is
no danger. however. Of the latter neoes-
Sly: with soil thst produces IS ours
does; with the enterprise Of our planters,
and with their experience, We need not
fear but that We can produce IS eheaply
IS anybody. All our planters have to do
Is TO practice economy. and not TO look
forward 70 any extraordinary prices for
the products Of their plantations, but 10
estimate their values by the value of the
sane products in the principal markets of
the world
Ii Is said BY some that should this line
Of steamers be established, they would
probably. instead Of touching at these
Islands. take Tahiti in their route. going
direct there from san Francisco. We
have not the slightest apprehension that
such vii be the case. because. IN getting
their contracts for the mail service. time
vii be s most important consideration,
snd the route via Tahiti would make the
distance between San Francisco snd Aus
trails some two thousand miles longer
than that bv these Islands. which lie in an
almost direct line between that city
and Auckland and SYDNEY. The steamers
BY this line VIII be obliged TO compete,
Is TO time. with the line via Point de
Gale and Sue1, snd in order to do 50,
oan not afford to run two thousand miles 4
more than Is necessary.
Not the least benefit to this kingdom,
which Is likely TO accrue from the perma-
Rent establishment Of line of steamers
ike the above, Is the large passenger
travel which viii certainly spring up. In /
another artiele, We zgain lay before our
readers the necessity Of doing something
n the shape Of building hotel, in order
% secure TO ourselves not only 8 good .
name, but al the advantages of such
rzxel .