The Hawaiian gazette., 1884-07-16

G. ". Nsrfsrlsae, TAe1s6t tAs Ma uay 10 |
;sgeAs.s sxcnenee vas . send cat al Ne uacaf-
'sns cen tast ~ Aaaka,a dollar ec1ld take he
rlaee e. aaa rssse ~ pSses " sassr.
pr. Sreith lspeakl.s - Ats. MscfarlaHel How
: i that sxehaage has nct rsaehe1 ksAer GeriaS
pass years sAsa We were Ssahne in reality "a a
and he KsaskaHa dollar IS rcs voSsA any isSs
than ether SILVER ecinS for TIE porrcses u trsae
ExeA taee. however. IN trees past. genserase. has
been ksps DIVA arsiscial;y.
W & lrWin. csfs q NE nieraAers u the krm q
uehch Class Sprscksls Is a partner. sAoEe1 his
lack II kRoale3se q The eesiness q the ce1nHy.
By snPhatseaily saving. Nc, Nes'
~. SegeskslS 4 agree sitA tAe aoetos,' = uAseo
Mr.. G, ". Msefsrlane sid hat Is voala es q
hstls 10 bring gold into ths eCcrtry. Il would
20 cat AGAIN. Il Vc0l6 ee rseeSSary - Pat -
ses rriee 81 s1eesnSe TO keep the eela !, iss
ar OsSiss I'd lhat TIE hish rate u exchange
vas uct ne resrlt u sarpy ard deosar1, and tins
ecGld ee very sazply tested. lst nisa take
10 the hank ons BAG eontsinias Sl.QpO IN L. :.
silver. ard see how mech exchange BE ece,a gSl
tcr sscs- he Hcol1 6nd that the rate DID not d.
send % the 6euna11 for exchange. hs; On TIE
qushgy u The saonsy With vhseh b weS prepared
- pay foS II Prsctscaliy all OGr debts
have 10 be paid II san ErsncEscc and ear erFreney
must be such as Wtf pay those debts. II we take
Hawaiian silver 10 the bSak and ask BlShoP 4 CO.
70 pay car Ge6sS IN San Francesca. thsy Wil reply
ne ucS. elthsE give them Escoey that vii pSy the
isets, or se 1zSt pay tes@ The difference q value
between the money We give then and that Nhsch
re ask then - paw. his y all that We call sx-
wo1iS De clear and Simple. We shoold start "a
rod ctSts. Our pcsltrcc i this instead q having
enc sra Or cns-srxth OfoOr currency II SILVER aud
The remainder IN gold. We have shc1s oas-Sfth
bsfgre The LestSlature provides fer the co1ysrsion
iz,o gold Of all The silver eoin nov IN eirechsoa.
e.scept the Hawaiian and l. : silver. ard a X e.
tinats1 thai tbs operation VII give - about
ssver. II e were made opsic1h with The dsbtor
g ray II either gold % silver. he WOUld ce-tary
py ct the silvsE 1nd hoard The gold, fa- as hS
cculas bas the new Law. nlkiss gold pstyrssats
vs. the SPEAKERS opinion TIA. the law crdsE dis
cusscn Vas the only way Of correcting the evil Of
tie PRESENT system be vccld koaevsr - further
thr,I this. and pifce htlt Of the Htwuliat Sl-
certificates. In other words. the G0vsrnmsRt
shculd u1dertlks % redeem I'll tie silver esrti6-
cafes with gold ard should hold for the pGrposss
Of stid redemption. say S5O,Qlo IN gold and Su,-
go n silver assuming the certificates 10 amount
N all u oue ullloEl. These certificates, With
their gg1rantss, woald De Pgaesicaly gold esgti6-
Gates, and would have all the vdlce II certified
cheques, and he llr. D. believed that the cerrln-
Gates would never be presented for redemption -
nearly such extent Is 80 e1hIcSs the sold half
I Of the amount held against them tApplaEse.l
Mr Gceen- his Is the proper time 70 say what
have 70 Say. There l. a ball before the Assembly
/ which has pissed BY large majority. l vas lot
asked to 20 on the COMMITTEES: gays ny views N
writing. Ihey we're 70 call N the MEXICAN dollars
/ and exchange them fox HASriiIu- We all want
/ 70 Be paid IN gold, We 10 1Ss want to pay nigh
rae Of exchange u San EranctScO. Il Is only
I balances that YOU send away abruad- Here orl
/ balances get Tremendous they set to an amount
l egrilling the Whole amount Of our eurrsrcy. IL
l December, January and February vs shah want
I 70 ,ert! avlv more than a million u dollars.
/ Mr. Hyuar Of the hrm Of Hyman Brus. Of this
civ Said. great deal has been sad about the
I psase Of bringing the gold here AID 10 ksep SUN
[ Gent II the country for the reQ1irsusnts OF tos
/ currsrcv law Ss row before the Legislature. and
tins al merely for the benefit OF sa rsstiiss aa
fIfggrtsrss noE Mr.. Chairman wlsn to SLOW that
tins Is an entirely wong ltsa- Our Imports ar,ount
Z M 10 over I'VE MINORS. even AZ : per ee1L e
| chin.,e. costs the consumer StlUQUu extra As
saminz that gold VII be shipped and used II part
70 pay oar debts abroad tue highest calculation
We should have 70 rsinlport ous million yearly
[ and tins Ht expense o. n per cHnt Euuli Gus
l StlDuu. there We viii have saving % the con
I suusr oE SaS5o0u per aunuE- This charge Of
per cont falls on every person II tie country %
the capitalist, planter. mechanic CLERK AMI iibOr
irLr ulau- ANYBODY taEu11tr Win Commerce Know
that II a barrel OF Hyur Gusts $50 II san Fran
/ cisco and exchange rules az ger eeua. that VIII
tho freight, insurance.. eE- this PEI cent l. add
ed to the cost and the eoCSursr has - pay for Il
| 10 cus say that L L tue duty Of tne GHTeFn
Z ureuE To regulate exchange, 6ut do think shat ]
Is the dUty Of a G9Esruulzns 10 prUvids IL peopt
with i currency with which they can pay tkei
dsbts abroad and not CAUSING them a loss Of fruG
70 10 per cent VITA the currency as eeEstof1Ts
Msssrs. Bishop L Co. have bad u II their pOvs
AZ any time during the past seven years. 10 rais
the rate OF exchange 70 ten per cent, more Is
pseiAlly f-uu the month OF August 10 Janutry
Z Therefore I believe that is tins bill uOE bstur
the Legislature tries % rsuedy this state Of a1rs
Il y wOrth trying for the euulngitE0 years tAp
piauss.i
NJ Bishop. 70 Mr. Green What do Yuz pzu
pose as a Legal tender law
M Green AL Of tie Law IS nov passed s1ssp
tha5 porIIon where the silver certificates are mad
sIchau-eabls for gold
Mr. I. L. DaTiss. Mr. Jones his qusstio1ei
that suule 0us viii send the gold away: then wha
Is to BE- iousa
Mr. Green tIntsrpoIatinsi Better do auythin
than ship.
Who have noe got the gold vii have to make Pm
vlsi1u by eIchluse- The point l., II the peopl
have cuufd=ccs enough there viii be 10 seri0G
dIficulty- The lIE % legal tender does nc
/ change the OWE rshlp Of money
Mr. Green II this million 0t silver that Is Pr
posed to Be put IN circulation be tso much the
exchange vii be hizh, End sold VII - away.
Mr. Davies. Il own sl0uo,nOO II gold 4
! ltw except i euuEscatorT Law egu take It out o
nv hands u pay other peoples dehts-unlsss
= an wiling 10 part With Il
Mr. SUrechzIs- Why Mr. DITiss. yuu are b,
coming uou0pulist7 did not think that Of Y0C
y i y -
Dr.. smith When gold Is plsdntIful eIshans
: cannot 20 %. Many persons seem to be mistak.
= rszariing the silver certificates and think tha
they issued again after payment The speas !.
J. desired % say that the new Law provided for =
! cancellation OF the certificates upon payment
r TIM Registrar The punt made rsgzrtIug Eol
z EuInC cut l. EASILY answered. Suppose 100
! months froC nov that eIEhangs Ii AZ the saz
+ hiCh rate and that the balance Is szains- Is an
r the entire one Million Of gold goes OCT Of Il
: COUNTRY What uextg Why the next move
that b7 the ur1vlsi1us Of the proposed Legal tend
( act, tie gold vii al he brought back agal
= AppEIuzE-I
/ | Mr Sqrgczsis. Bat. hold 90. Doctor supp1
Mr. Bishop and agree u make CDubIuatic
4 Against Eua and lock up our gold and SAY VA
I PrEui1n from you
DE-. Smith Even then We have property
I piIutatIous and products Of the sane which :
!. can Use to obtain gold without having % pa
] your Uranium APplause-i
Z Mr. Sprscksts. Ho= long are Evu going to nal
tins new LIE fogf
e Dr.. Smith For Two years TIE country VI
D not be ruined II that TINE By currency
I Mr. Davies slid that, as far "a the question
e guit Il c1ucHruai the plantation agents viii ha
a u buy gold and they ara bound % get Il 5ut
sugar. The ruld L SIRE 70 eoule into the cD11tr
? Al 90 O'Clock Mr. P C. Jones moved an Al
{ iorzumels-
7 Mr. Spcschels I wi MT oppuse any q Il
e 1Ills you Kay have b carry through this isZi
+ latarg can see plainly that an not II acc1
q with YgG but rest assured ToG vii md that tn
!. vii tel that tie Old Iau Vas right
Hon ;. B. DoiE. Gee Of tue Representatives ri
K vas present. saId= We cannot send away moli
] We Do not 0Eu- Il seemed to him to be folly
c1udue oneself u Currency that UIIl not ?
: our ds5ts II SIN FralcIsC1 without eutziiIl
2 severe loss. Ihe good eject II viii have viii
the compelling Us % boy I=ss- L . not uurs
5ouable 70 demand that the currency Be II
8 Ehien l. approved b. these win whom the b
1 IL our trade u Eith- az san Frinclzeu-
business locai- the subsidiary cuIus arc lot Is
7 fUi, without ioss, IN cur f1rziza trade
Mr. C. Z Bishop nov pug the motion 70 sSIo1
I shiEh beng carried the sotFers Of the nlalcl
2 question: Of the day and the oracis EEica
. speak. parted leaving 4 dIaI fuprsssio1 behIl
e that they, a. veil az the question we're yet %
2 20 more Convincing zrgzueut.
= E1aafaasioas at St AIhAas College
\ On Thursday and Fris.sg last week the sTauiz