Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1884-03-08
Aue..r.rs, rosp.a.aw,e.ry



ittft fo t,oNoiu
latnol umc tor 4 halt tu b., called
all ulous ibe lmy u tb, mali,t ui PCT
sonaI and pouh. expenditure EN
u,mc rNuNJHlu,, b. mot common
among % gi,bc 900 prNat, or m public,
hu, expensive habits ul living aud ul
doing business have grown up among
us and tbg che, k, cannot hc too soon
o. too rEI.t applied Wherever there
is an a,...,Huun OFF business .uyb I
g. caused hl the ,m,tE,n,Ic, 1t war
fare nt o, in uut ease h, tur develop
uR influence, ut q favorable ,ummul
tlH treaty blsh pri,,. rul, and though
hugh was,, RESULT The margin Is not ,o
great as ,u keep pace with the tcudcn
c} tu cNitUaganl habits Every class
among 10, s open to Impeachment un
the score ut greater or les, cNtayaglnrr.
Mcn come here with q tol,ahy a,,u
rate knowledge of the number ui cent,
~ a dollar, but they soun tall into the
way ui measuring their dollar, only hy
the numhc, al quarters The absence
OF abundant small change /, the oocas
Ion ut great wistciulncss in the matter
OF purchases. Then again our Hawai-
IAN system ot quarterly credits is vicious
enough, hIuung the public IN two.
iold way, W. Toy compelling purchasers
to MAKE up IN price what the seller
loses IN interest, and by encouraging
purchasers TO buy beyond their means.
With our quick communication with
san Francisco, and our improved inter
island facilities, there is no excuse Ion
the long credits that formerly seemed
so necessary The sooner business
can approximate to a cash basis. the
better It will be for trade and the buy
ms public Where large figures rule
men come To base their estimates and
guagc their expenditures according TO
prices rather than profits 1t is the
prlcc Of a ton OF sugar in the San
Francisco market that fixes everything,
and SO It should be But in managing
plantation, another thing needs to
control, and that is the actual proft
that an acre OF cane yields. 1t is un-
doubtcdly true to-day that our homes
are more beautiful than ever. and the
convcnienceS OF modern life are multi
Piled IN every direction But these
conycnicnccS ucCessitatc outlaws that
could not have been made once. And
II is a question whether the craze for
every new facility is not crude and
hmuul IN many cases where prudence
and sclfdenial would be much more in
harmony with salary or business profits.
Are not business failures frequently
traceahle to wasteful expenditures rath-
or than TO incompetency in the techni.
calitlcs Of business life and methods ?
1t is best probably to crush all the
juice from the cane, and to extract all
the sugar from the juice, but is it wise
to handicap the possible profits OF
several crops by disoarding a fairly good
plant, and purchasing another of finer
make and better capacity we all know
that laughable instances OF expenditures
on a basis OF $500 or $500 per acre
come up almost every day. They
would be laughable were 1t not
that some one has always had to pa,
the piper for whistling II is hardly
necessary TO specify particulars, The
urgent matter for us all to consider is,
What are the items OF unnecessary eN
pense that can be checked? In per
sonal habits and business methods are
there not opportunities for such
economy rs will make the profits on
island products sent abroad accomplish
greater purchasing power With Q
modified treaty and the present com
bination OF capital to control the ship
ment and price of our chief export, the
margin of profit to capital and labor j,
seriously threatened Our business pros
perity calls for new and substantial
business blocks The island traffic auC
the comfort OF tourists endorses ever,
improvement that makes our inter-is
land steamers more commodious anC
convenient The government shoulo
undertake every great work that prom
ises substantial results in the materia
development OF the kingdom. Blu
everywhere, in the government admin
istration and in personal and business
life the leaks must be calked !.
it not true that in our island lii,
there is altogether too much OF tn,
spirit OF John Heywood's Merrl
Friends ?
Let the world slide, lie, the world SO
a fig for care, and hg ioF Voc
II cant pay, why | can owe,
And death makes equal the high and low