The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1872-07-27
ooMNERCIAL.
JULY o.

FRIDAY, JULY %, Is52-
BusISEss EssesaHy = very dali ans NE seAE Of nothing
doSsS anywhere The reesips % PSoaHes fOa The other ISL
AMI. q about the sane a. usaAi At 'hs Se4son q The year,
and some "a The mills are EukFfrg cane
Th- nuai adjoaru1ezt q Dc Lesslaturs without providing
ar the increased baaget % proposed Expenditures, leaves a.
20 n defghthd state of uncertainty IN regard 20 how mach
money VIII b. raised daring the mkt two years, and how
much exrensd. The Estimated receipts. With the amount s1-
psetea frsm the new laa % SE3sJSoo. falls sboFt Of the IN
sr,assd Appropriated Bill; and We are told ~ the Minister
oT Ffnan.e thzr b. truSfs 70 unexpenfsd balances likely 70 be
On hand Al ts end % the next too years, and { may b. an u
sreAse IN the receipts over the estimates % make up the bal
ace.
Before tae n=z loan i aoatsd upon this market, we would
fnqaire a. % whether any EXHIBIT has been made Of the actual
eAsh coalition q the public Treasury. IL would inspire our
capitalists with much more Confidence II they could be a.
sured % the actual ezisteBes ola god bAAaes IN the Treasury
wants eqA % the q amount on hand" mot hypothseatSD A.
per the Financial Budget Of tais year a fair and candid
statement q The actual condition q the public money chest,
eOtsIng from ns Minister q Finance, sPsAkins in MS own
proper person Zoe himself alone. would satisfy our mOneyed
nsn- and quis their fears While he + about IL, Ne would
like 10 have him iafarm . a. 70 ~b~ther the n0usy drawn from
the Treasury 20 pay Er the Hotel has besn replaced or not
All u % IN what shapsl
Ths expected iaersass IN the tatG - daue. On imports has
been deferred Sr a tims, aud cur importers, merchants and,
particularly, eonAaasrS,-gpon whom After all the additional
expense w1usd En In the Ereas@t degree,-hzye a breathing
spen before th~m IN Which tAey can digest the situation, and
prepare br failure aetiou- No one se imagine viii question
- H|-A0A - u 80 A-eNA - -AH-@ 49, - 49,
iaported hat are nt absolute neesssares % life. however
widespread may be the dissatisfaction that e1ists In regard To
the policy q unauthorized expenditure that piled the debt
upOu Us
We may cougratuate ourselves that the prudent actions Of
eur eouinE Financial Minister may BE- characterized by a
policy diamstrieany opposed 10 thai q the present che inas-
much n we believe that he viii at east set through his own
eoavietious q What . Just and best fr the eounuy and thus
merit and obtain ne hearty support % the King and the Peo-
pie Yet Ia justice TO the digniIy and integrity q the Office,
(Which remains unchanged through all the pnnks an s~.i-s
% ineompeteney and NAL adninisy'tOn) the new inca-- bent,
whoever be may Be, can hardly ~Scape the consequences q
SUCCESSOR IN odice," TO ihe repayment Of Unauthorized bonds,
especially when the Legislature, whose prerogatlye was thus
Oysrrtdden, refuses % eensuEs the doer of the deed. Thus cur
new Minfster % Finance win ind himself obliged to look Tor
ways and means % meet fat maturing mOneyei obHgstions.
IL 10 clearly our Interest, as IL should be our pleasure, 10 assist
him with our counsel, experience and money and we think
that we are safe IN saying that II the frat is regarded, the last
VIII be forthcoming.