The Hawaiian gazette., 1877-09-05
Regular Correspondence from
San Francisco.-NO a.
SAN FRAxcrsco, August IS, 1877.
AFTER THE STRIKE.


AFTER THE STRIKE.
The country has settled down to quiet again. The
mobs have disappeared. and the railroads are again
runnng as usual. The causes of the strike are be-
ing discussed and the future condition of the labor
ing man is the great problem of the day. One cause
of sll the trouble with the aboring masses of the
world may be found in fact stated in Massaehu-
paper lately, namely, that third more boots
and shoes manufactured in that State in 1876
than in 1860, and third fewer men or women
employed in their manufacture. Machinery is doing
that which men women formerly did and lived
by doing. Machinery is cheaper than it does
require food and clothes it never gets sick it
never strikes asks for holidays; it wears cut,
but does not die, machinery is preferred to human
hands. and the formerly employed must go idle.
What shall be done is the problem clergymen are
preaching about, politicians talking about, jour-
nalists writing about, and workngmen are think
ing about.
MINING STOCK REVELATIONS.
Everybody knows how in times past mining assess
ments have been paid in this city with regularity
that astonishing. Men and women came to
think that refusal to pay assessment was throw
ing away a fortune. A has lately been brought
to light which sh 1ws how the public confidence has
been abused. In the Of the Ida Gilmore Mine,
whenever an assessment levied the stock belong
ing to the President and his friends stamped
paid. The amounts paid in this way pretended to
have been received went the books much
big operators and trustees had promptly paid up,
naturally enough brought their contributions. So
the people would mortgage their homesteads to get
the necessary funds. But all this time not a cent
had been paid into the treasury by the management
As Sugar Plantation Stock Companies being
gained in your guileless community, throw out
the above hint, contained in the management Of
the Ida Gilmore Mine, for the benefit of managers
alone.
While the subject of sugar plantation stock let
ask why it wouldn't be good idea to float that
stock California Street through syndicate. Now
that the bottom has fallen OF mines, Sand
witch Island sugar stock might be introduced the
latest sensation among the Balls and Bears.
STAND FROM
Some good folks here expressing anxiety at the
natural feeling of excitement and mania on the sugar
question in your Community in anticipation of the
benefits of the treaty now in operation. They say
history repeats itself. The year 1915 in England
OF wild railroad speculation. Everybody who
could raise five pounds engaged in the struggle for
railroad shares. The names and addresses of those
who subscribed less than $40 900 each filed $40
pages of one of tie Parliamentary reports Nearly
ESQ 900 900 subscribed in various sums from
the largest the least The subscribers included all
classes from the highest peers in the realm to clerks
governesses, and domestic servants. Gambling be-
came the national vice ;; railroads multiplied
beyond all possibility of utility. The fever fol-
lowed by the inevitable reaction and depression. In
September. lS47, fifteen of the wealthiest firms in
London failed. In October the banks began to
pend. The rate of discount was raised to nine per
cent, and money was unattainable by any credit
and any terms outside the Bank of England. The
country had put 9l6l 900 in railroad enter
prises and fl3S, 900. 900 required to complete
them. 1t not until the government interviewed
that there any relief This state of affairs
has been reproduced in this country in railroad build
ing and management. / may also allude to the
wild real estate speculations which this community
and State went through 10 the years preceding the
completion Of the overland railroad. What hard
md If fnrtun fill
There realization Of the hopes and predictions
of the wise and prudent, of the Ignorant and
cunning. After the rocket went up the stick came
down. All this sort of thing will 60 repeating it.
self as long as human nature remains the same.
SUGAR.
There has been decline in the price of sugar in
New York. which the Tribune states is due over
loaded markets, and predicts disaster to firms.
One house. says the Tribune is carrying Is .00G hogs
heads which, if sold at the present market rates,
would be n loss of $500, 600.
In this city the agents of the California Sugar Re-
fnery reduced prices 1e per pound all round the
Sth, ana rates may be quoted as follows Powdered
l34c; crushed Cube and fine crushed l3e extra
graduated l2lc; yellow lO3c C d l01c refined
yellow S3c; Hawaiian grocery grades Sc to l23c.
The bark Matte Macleay arrived at Astoria on the
Sth inst from HonOlslu, with $751; 600 lbs sugar.
DREADFUL TRAGEDY.
Many of your readers who were acquainted with
Fred Hanks, he was familiarity called formerly,
HOnOlulu, Will De pnlneu TO near OF the
sad and trqge ending of of his brothers by the
name of L. C. Hanks. quarrel arose evening
at the Palace Hotel between Hanks, who Consul
for Guatemala, and by the name of Kuranda.
The next morning the quarrel was renewed, when
Mr.. Dailey--Kuranda's partner-insisted on an
apology from Hanks, and upon being refused, fight
ensued in which Hanks wOrsted. The follow.
ing morning ut 10 o'clock Hanks met Daley on
Montgomery street, and. before Daley could defend
himself, shot him in the breast. Daley fell, and
died in about hour in Wakelee's drug store.
Hanks was Immediately arrested and taken to the
police station. The next morning the public was
startled by the statement that Hanks had shot him
self in his cell and had followed his victim.
Some years ago Hanks went t. Guatemala as the
commercial agent of the firm of J. C. Merrill 4 Co.,
of this city, and succeeded we'll in obtaining bust
ness that he admitted to a partnership in the
house, after two years residence in that country He
returned to Central America. After be became q
partner in the firm, he made several loose transae-
tions which resulted in great loss to the house
that the senior partner forced dissolution of the
partnership In the meantime, however, Hanks had
become we'll acquainted with the President of
Guatemala, whom he met at the card table and car
nival assemblies, that he obtained for himself by ap-
pontment from the President the position Of Consul
General of Guatemala resident at San Francisco 1t
is the gossip among those who pretty well in
form ID that talented and fascinating actress had
something to do with the quarrel between Hanks and
Kuranda. EScIyAL.