The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1882-02-18
FL PAGIFIC
Commercial A0orttl5cr
FEBRUARY Is, 1882
SATURDAY
CourtAews

AAA@c 80 0@S
versary of His Majesfy's Accession to the
Throne, the previous day was observed as a
holiday in the public offices. At noon a
royal salute was fired from the battery at
Punchbowl.
The LeIeiohoku Guards cavalry, the
Princes Own, the Mamalahoa and the
Kings Guard, military companies, were
in the Palace yard at 10 A. M,
and were drilled under the inspection OF
His Majesty. The review lasted until 3 +.
VI. when the whole body, preceded by the
Hawaiian Military Band, marched to the
residence Of Fl. r. H. Ruth Keelikolani
when the King, the members of His Majes-
ty's staff and the officers and men Of the
scveral companies were entertained al Il
fUau by Her Royal Highness. The troops
subsequently went through a series Of man
oeuvres before His Majesty and Her Royal
~--ighRess in the grounds at Kaakopua.
His Majesty will leave Honolulu by he
steamer Likelike ON Tuesday next, Feb
ruary 21st, to pay a visit to- the islands of
Maui and Molokai. The programme of His
Majesty's trip will be as follows:
Arrive at Wailuku by way of Maalaea
Wednesday 22nd.
Leave Wailuku on wednesday, March
ISL. I0klUR tile slcdEleT lLcuua % Elitld.
Arrive at Hama Thursday, March End.
Leave Hama Friday, March 10th; arrive
at Lahaina Saturday, Marh 18th.
Leave Lahaina for Honokahau Tuesday,
March 18th.
Leave Lahaina for Molokai OH Saturday,
March 18th.
Arrive at Pukoo, Molokai, Oh the same
day.
800. Dbl, g.. IaYD1,I,, .f,nN,x
March 18th, arriving at the Capital the fol-
lowing morning.
AMONG the subjects at present before the
public for consideration there is one which,
if we do not give it "A position of primary
Importance, is certainly only second to the
most vital and pressing questions of the day.
This is the Loan question. There has been
a great deal of absurd alarm and discussion
about a $1,000 900 loan, as if the borrowing
of such a sum were an affair that could
be accomplished i'll a day, if the Legis-
lature of the kingdom passed a bill to authO-
riZe it. Men whD ought to know better,
have been figuring up the burden that such
a loan would put on the country, and talk
ing of S500,0O0 a year or more interest to be
provided for as if such Ii mass of coin could
be had all at once. Such talk is as vision
airy and foolish as that of the most ignorant
native who may be found voting in favor of
IA loan. and believing i'm it as Il grand polit-
ical panacea, without having the smallest
idea as to what is to be done with the
money If it is got. No thoughtful loan
advocate talked or dreamed of borrow
ing such IA sum as $1,000 o 900 all at
once in "a single sum. Nor, on the face
of things, is there reason to fear that
any measure for pledging the credit of the
country-would become a law without care
full consideration beforehand as to the prob
ability of floating IA loan on favorable terms,
and also as to what purposes are To be ac-
complished by its aid.
The question of raising a loan is one wOr-
thy Of consideration and debate by every
sensible man in the Islands. 1t should be
treated by them, whether natives or foreign
ers, in the spirit in which such questions
are considered in other young countries.
1t is "A business question, and at the bottom
of it lies the consideration will it pay ?"
Involved in that is the other grave
consideration "Is it prudent?" Business
men do not hesitate about mourning liabil-
tiles when they see a profit before them.
: Neither should a nation do so. But bust
ness men take care to count the cost, and to
calculate the results, before they enter on a
} transaction and so should "A nation.
We have then two points to consider In
b. connection with the proposal to raise a loan.
: We have to enquire with care whether the
!. present circumstances and future prospects
of this Kingdom warrant us in mourning a
/. future annual charge for the interest and
: sinking fund of u debt. This preliminary
= enquiry, must, however, be taken in con-
junction with another, viz: Whether any
actual need of the country renders it desir
$ able thus to pledge the national credit
: whether there are good reasons for attempt
ing more than the ordinary revenue of the
. country will provide for. On this point we
: know that there have been many sugges
4 lions made of late, which are worthy to be
talked over by sensible men, and which, il
- carried out, would involve expenditures
= greater than the current revenue will pro-
vide for. Domestic steamship lines, rail.
5 road lines, and other works of road-making
deepening the entrance into this harbour
and otherwise thoroughly improving it
{ lighthouses for several points on the vari,
= Gus islands, a thorough sanitation of thi:
= city, and other matters, have all been talked
: of and advocated. The business men of the
country should come onward now with
their ideas OH these subjects, and OH the
NlOle dueSttoH VI III PiuueiCe, VI otiei
wise of mourning a new debt, and so assist
uniformed members of the Legislature tc
form a rational judgement on the matter.
: The Dispensary on Maunakea-street i:
= thrOnged daily during office hours by sick
: people coming from all parts of the group
This voluntary migration of the sick is q
new feature i'm the medical history of the
islands. The Government and the benevo-
lent has provided w~ell-appointed hospitals
for the general sick and for the lepers but
B those having need of these institutions were
disiuclined to come forward and be treated:
4 and the strong ann of the law was invoked
\ to take the sick, especially the lepers to al
; asylum designed for their care and treat