The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1872-06-22

ing could be extracted from Ministers unless they
chose to give it. NJ. Burt. Fji Minister. bad
stated distinctly that negotiations h&d taken place,
coming from the Hawaiian Government, for the an
nexation of FIJI to the Hawaiian Grown.
Hon. Mr.. Rice offered II resolution 10 the effect
that ii special committee be appointed to consider
and report upon the ACCESSIBILITY OF procuring an
additional inter-island steamer. Adbpted, and the
following committee appointed-Hol. Messrs. Rice,
Kipi, Aholo, Newton, and A. +. Judi.
Hon. Mr.. Mikalemi read first tine bis bill to
amend Section SIG OF the Civil Cods. (Exempting
from duty goods imported for the use OF Ghnrches.)
Ordered TO be printed.
ORDER OF THE DAY.
The Trades school Bill was Indefinitely post
poned.
The bill to amend Section 1860 of the Civil Code
was read q second time. (Appraisenentot Estates
OF deceased persohs-) Ordered 10 be- engrossed-
The bill to authorize special lOal. (Sll6,O0O for
the HoteD was read u second time. The following Is
the bill:
Public Hotel has been erected at Honolulu, known at present
as the Hawaiian Hotel; and, Whereas, the said Hotel has been
the projectors ; and, Whereas. it appears proper, just and adj
visabie that the construction Of the said Hotel shall be assumed
pose, as well AS the buildings thereon situated, should be pub
Be IT ESAcTED, by the King and the legislative Assembly
OF the Hawaiian Islands in the Legislatureoi the Kingdom as
SEC. THAT the Minister of Finance be and he is hereby
authorized TO issue the Bonds Of the hswaIag Government h"as y
Dollars, bearing interest not exceeding nine per cent per an
mum, ana SAID bonus anu Interest utAcO SAait NC "aNS SoC
and payable at the Hawaiian Treasury, in such sums, and at
such times, as His Majesty in Cabinet Council may direct.
Sec. Upon the issuing OF the Bonds, as in the preceding
section provided, good and sufficient convganc,s shall be exc
no,y nertaining 10 the said Hotel. and proper schedules OF all
the movable property shall he filed in the shces OF the Minister
for the same, TO the use and benefit of Iii Majestys Govern
ment, should such bills of sale be deemed necessary. n
the sail Hotel, and the property appertaihug thereto shal De
Bonds. ALWAYS provided, that if the said rets and profits shall
not be sufficient to pay the interest on the aid Bonds, the pal
ment of the interest on the public debt AID farther PROVIDED,
70 nav the interest on the said Bonds, the balance shall be de-
voted TO the redemption of the said Bonds
SEC. 4-This Act shall become a law from and after the
date of its passage.
On motion of His Elk. the Miniter of Finance,
the House vent into committed on he bill, the Hon.
Mr.. Rice in the Chair.
Hon. A. F. Judd moved that tn first section be
rejected. The bill is d defective, in tie first place in
asmuch as no provision is therein made for taking
up the bonds issued by the Minister for $4,000 al
ready borrowed. on the Minister'S own responsibility.
He adverted TO the. careless manne in which bills
are drawn by the Ministry. AT What time were the
proposed bonds to be payable? Or had the Legisla-
ture no right to say anything on thu subject OF time
or interest, leaving everything to the will OF HIS
Majesty in Privy Council. Why 3 the custody OF
this property proposed to be In the Department OF
Finance, rather than in that Of tie Interior. The
schedule of the property is to be flet with the Minis
ter of Finance. All this was proudly because he
was generally and properly looked UPON as the father
ii tile Ole mus USuAA NAhND ~ A6HN
he should be the official custodianof the schedules
of towels, knives and forks, spoons, dishes, etc. But
the main question is, is this Assembly in any way
legally or morally responsible for tie repayment oil
the bonds issued by His Excellency the Minister of
Finance, amounting to $4,000? say, decidedly,
no. The Minister had no authority whatever under
law to issue such bonds, and those who took those
bonds, did so with their eyes open. These bonds, on
plain principles of law, do not binl the Hawaiian
Treasury. No plea ad miserecordian can be of any
avail or should be listened to. The unknown parties
who have advanced the $4,000 to His Exceilency'
have also no claim on US. The Minister has Will
fully pledged without authority the fsith of the Gov
eminent. The present Is not perhaps the time TO
consider the subject, but the act IF the Minister IS
quite sufficient on which to founoa charge of i'm
peachment. What is to prevent tie Minister from
again going on and issuing unauthorized bonds to
the amount of millions, if this insts1ce is allowed to
pass. To pass to another VIEWS a speculation.
This is a proposition for the Government TO buy the
hotel, and run it. Is it a good Investment for the
Government TO pay SIG, 900 for thisproperty ? Is ia
wise speculation, and will it yield sufficient to pay
the interest on the bonds, and provide for the ult-
mate payment of the bonds themselves The idea
of a Government running q hotel, is a new one.
Napoleon III went largely into public improvements,
but what would a Frenchman say TO the idea OF q
Government running a cafe? This IS not q poor
house, q public soup house. We haze no money 70
spare in any such wild sPeculatioas. If We have
any surplus money, it would be far wiser to offer a
bounty TO Hawaiian whalers. Reverted to the law
of 1864, providing for a sinking fund. That has
Deen NlllInlly ulSTSSSCutu IL eaU . UCoN Nv
ter, and the same Ministry now ask to be authorized
to borrow $4,000 for a hotel. Experience has proved
that q white man can't keep q boarding house In
this country, a Chinaman will be sure to beat him.
The hotel is too large. It is like a huge cathedral,
beautiful it is true, but only filled once in a while.
1t won't pay. Then the Assembly at every session,
will be required to furnish funds TO KEEP II going
to run it-and we shall probably hava y and bye,
some new salaried officers to figure ga the Appro-
priation Bill, as for Instance His Majesty's Hotel
Keeper = His Majesty's Head Bar-keeper, 50 His
Maiesty's Matron of the HOTEL - etc., etc.
His Elk the Minister of Finance rose to explain
why the Government had built the hotel. After
stating that private enterprise had failed, he said
that the great majority of the large hotels in the
United States we're not built with the expectations OF
their paying any individual one, but by corporations
who are actuatei by the indirect influences arising
from the building of these large hotels. In Cincin-
natl a large hotel was built By subscribers who
never expected to realize one cent from the invest
ment, but on the contrary made themselves liable for
all losses. This was q liberal investment Of their
money with the hopes of realizing handsomely after
uard and the end justified the belief. We were