The Hawaiian gazette., 1884-07-16
Claus Spreckels Expresses His View
50 DO SEVERAL orHERs.


5000 SEVERAL OTHERS.
The lower room IN the northwest corner Of the
7. VI c. A bGildlzg was veil flied with the rep
r=sentztIye bGsinsss msn Of the eitI, On the
evening Of the flth INST, the occasion being r.
quest made By Col Clans SprgekeIs to the Cham
Der Of Commences 20 give him an opportunity 10
exprsss kts visws 70 them N regard - the pro-
posed regulating Of the currency Of the krnScorn
and return &c 4 gold basis. AZ ~. number q
gentlemen being present., the meeting WIS en ed
70 order By Hon Z. & bishcp.
Hon {. E Blshcp,sdr that from information
received &c had eiLEued rhHt Z was the desire Of
Mr. Spreck-is ~ meet the business % tha etty
for the purpose Of rssslug hns views the cur
rsrcy g1estiuu- Il seemed 10 him that the best
Eay 70 Crafty Mr. Sprsckelz WISH would Be b
cab this meeting under the auspices OF the ChIGl-
Der Of Commercs. Colonel Sprsckels, Who was
seated AZ the table. neeed no further Introduction
:, speHk and sad.
Gentlemen, you have bill N the Legislature.
the most important bill ever brought before TINS
Kingdom, and that Is Ehe Currency BdL Nov
yuu sly t1al the Large tluuE Of new silver y the
calse Of the high r15s OF sIEh.tnse- | must DENY
It. The cause IL S5Eupiy supply and tsni-tnt
Why Us sugar - low? Because the supply l.
grsatsr than the demand, and Il Is the stme with
silver and gold J 1st as SON ds you have sur
Plus Of one kind Of money the demand gues down
Il understand the ban. II IL such that the Gov
srumens or the Minister Of Finances have 10 pay
[ gold for silver certificates
Dr. J. hgst Smith. believe there l. only S5'U.-
l gu N HaRailan silver
NJ. Sgr-rksZs- Do I understand that the Gov
srumsnt vii Issue guild for the Mexican silver
dollars?
/ Dr. smith. Mexican silver vii probably be r.
deemed IN HrEaiiau silver, and We vii ship away
/ The uncurrsnt euIu-
/ NJ. SgrscEsEs- When euGs wish MsElcAu d1E-
I Lars get HIEaIuIn dollars, Is that IT.
I Dr.. smith Yes, that i the rsGsemlug cuiu-
1 NJ. SggsrksLs- A. understand the bill. 10 dol
lars IL silver Legal tender tie balances - be palt
/ II gold Of the United States. Wow tell you zen
tleeu. the reason q the high rate Of exchange 10
sappiy and demand, but let iouk AZ the ether
SIDE. We Only paE ten silver dollars. the rest Il
| ycifs you have perhaps SAO,NN Or sSuui1tO tTtn-
irle. M Bishop calculates ID import gult+ we'll
/ eAERos af1ri 10 bring Il here for you- YuC ulzst
[ look cut fur yourselves WnGn We walz 80 Eucn
/ ulUueT, Mr. Blsnrp sIys. 4 have 10 eDul- cannot
give y1G anything then We VII 20 to some other
wealthy uan, be says, yes, but give me 5per cent
| prsmi1m- You have uut gut c1Iu enough Il this
I cuuntry- There are some that ara crying cut
| about SILVER who would be very glad 10 get II g.
/ pay of their hands. Nov, genEsuen are you do
ING wise thing, lpseEIIlg the eJ11try ami Great
ing pHuic As you certainly vii Look cut that
! you Cl not knock sguehcGT cow and with nm
| make some one fall Who vas lsInIng On him Not
E0ug since PAID 81 -0o0o0u 70 save the euuatry
and Mr.. BishDp has also greatly assisted you
Isn't that 80, Mr. Bishop
| NJ Bishay. Yes that Is true
NJ SBr=cksLs. an Is true AZ steel- nov q
not won't 70 hurt any uar- bot when am hif,
I fghr- NV rautemiIu tins IL the first tine / hTTl
ever spukzn ID Publie, 50 please excuse all MS
taxes I want you u consider Il we'll can We &c
through the breakers EIthl15 sinking the sAip
I know tins law has been enfDrrer- and when YOl
people II the Le-rslIrnrE pass 4 lIE, We al obe!
thaf law hur have yu1 the mems u upGDit thi
Law Nov l give you my OpInlou ami II Il tLls-YoI
have 81 l0u,000 Of Hawaiian Com u tins cuGu
III II the hands Of the Government, but they cau
! not smlLs-ie It II with Mexican c1I17 say. pas
l a - and stDp al smuggling l DO lns Ike Z
see peopis forced 70 steal Do not alaks tnleEes O
them Sune day you vii say the old MAJ Il pref
" clear healisd- Dollars should be made lEga
D.. J. Hgtt S5if5 Then Mr. sprzr1sIs Tol
propose % ulaks the HIEaIlI-- curu aalImlte'
legal tEndsr2
II. SprsrEyL Yes, D9Gtar5 the dollars Iega
tender - any amount but the subsidiary pieces
halves quarters and dIuEs you might u1IIE then
tG SO or IS legal lander Vow ge1hismeu- 20
hear mes Il Fuu can't get FC1rself II proper 20
l sitI1u On this mastzr ecu are Bound u sink tn
ship and utter she Il ErEcll=d doc cuEae r1aEd 9
Clans Sprzczzis. for be advised Fuu beforehand
Another thing, gentleman You should cUuIuenc
: 70 Be economical; Tou arr lot so here you are
great peopie. cut aEfullE e=rrIEagartf your penpi
would rather pay interest than save IT. You Ia
, be compared ID two business mem one looks on
= and saves every cent while the other thruvs ava
so an not 4 miserr ruE | keep an eye co n
cents that cume INTO the expenses Of ny refinery
WOW, a. | an uce m1ciI Of public speaker u 20
Gentlemen think that have t1r-1ttEu n7thile
ask me and 1 Eiil answer
Dbl h5sf ssfith- Colonel would Ike % a..
what mstnnd you E1dlt propose % get ca 4 god
baais-
CIra SgrselzLs- understand that 7ud ha4
some seven q .izht handrEd Thousand dollars 1
ducurTsnt cuIu II the kI1Gliou-
Dr. smith Yes, Es have
Clans SprerEeiz- Well send that l1uuET "a
and rat gold far Il; Il Il plain enough You lees
ous and ans-half Millions cDld-
Dr. Smith There Il another dlillc1ltF II EZIl
the eurrzucg rzgzrlilzG the Amount - settle &C.
CiIIs Sprzctsis- The CURRENCY VII be lIzItE
By the SIA00lG g1id- AID tnat Il sher
there u auDrner Difficulty WITH F5u- fac a
; Fu1 need Two mI.liuls Tar ths business 1f "a
enuu=-T, If you haven't mt Z you viii have pa
a Uranium t1r your silver The Case u q
s1PplF and demand and that Is tEe paIticEl4
question: II AZ hears tnat 5. 90 900 u nscsasar
AMI Fcu intend - have 7IAh0iAd eDld- F0g ca
safely make the Hawaiian silver Legal tender a
par aere, az FgI viii have u import large guam
tIrF 1t -aid-
Dr. smith If We have too much silver Coiars
= vii ceprsEiane-
/, Clans Sprscksiz rdatiy-t How can Fua "a
toU ElsEh when you reauIrz two millions u Il
. es5GntrT- E1v ara you guT1z 70 get TIA m1cn- u
dear DuCssr you ara a ITrtie Cd On thai
Hau- PaHl Lsenber-- A. the Law stands Il = ~
snf1EEs1- We can try the experiment. e tie ue'
law far two gears-
, Mr. sprgrEsla "A have stated Ysu vii f.
tnaE Fuu VII be regulated z 71zr eu-rz1eY By Il
law af s1FpiF and demand We nGss have ou
million g1lsi and million silver v Een eitfs
! cerrgalsss then Y1C VII ind snczs sag VIM Rzli
! ; re Preuiz1 ca X The shnFAsisFsrs VII seu
ne zDid aEaF rather than pay 4 prHn1iaz-
Mr. LserEErz- / think that a sDoc Ne EEt q
uiillnu u zsid. LEas cou4deEcE VII BE- sssl5iIaEei
: Mr. sFrerkzia. 7 would Ike - ave that settle
( Web uDu Mr. Jones VOC seem y b looking I'll
/ Tag. and jumping around II gou- ehaiE a thgGa
you wanted - saY something acT what have -
: gurtozF-
{ Mr. Jones. We haze talked the zatter over, AZ
I ne Chamber Gt Car1mErEE hzsa decided thai ].
Il 1 an 1 IT-Il1 Ia III COX n :
nl1-Gea. must seii tie silver = E1g the z1ic-
NJ SFrsckels- an ssrTT t1at Fcg cant q
.erztz1a ne better but Al there n a ts1en
:. I D1fEh II the t1ugze ! zuPp1Es 7gu cant Bls
an z1Ing % ut nd It 5as aaws rlEnS here 3.
: Cd Lherz b nsstnizG bG- f1lz dealing n Clzz
1przc1ziz- 4onex. ny bog T11 ara thinking
Brewer 4 Ca Ko1 AZ boxing cut fac ysGx p
cEurlzE EEe1 The Esid "A lsue- BGf Nr Elstl
: q Hr FstF zl1't assIlla - tell g1u-
NJ I1nes- ! 5Sut adEaczse-
: Mr. sprsckeia- I an here On tie foor azd 3
J SPrsrEela heez1ss he hra1ght n: Hlysr- BeSal
: tneg bsezne 80 f1rhsua, / had intended To "a
the mz<Eet. but I esnefgr1esi / would Lee tie.
Z howl zzzE5 ie1 zEenz base Tnoc gi-ze al q thea
sslgsss ~ aad By Clans eFrsctsAf would c1uzzs q
Z AZ EizAk- Aeu Dies s1q GENTLEMAN cssfss - a.
. zln azF lIIezt1cuas
Mr EsrEgrE. I would Ike % ezzlzlu ny 7isq
z euce EzorE- taid suu On tie FaazaGe aovn- q
= I did not carr snap far Ei1n szEta1as- II
= 1rzt arsp tszzr.a the rnha u TINS Few Law II !
. Ut nd a tie silver ai-LII hags EntEi1g bas 81
z N t1Ia euGz1rT- The ChE1al-en WI axe q ava
Z WIN them and EE ahal be shEIzes1 = rsueT
r evErT Fsar CT &C. II 1,E Ez1<x q - = fa STA
!. BE- taxes E1lG nut silsex-
= DR. SUIrh- Ihe Ezrs q szcAazcs u haaes5 70
: ne trade 81 the es1nrr7- n zs more iz1sEt,
J. sbrsa tiIzu haze prssizEr ezsiE . psT Ia Z
!. chaEEB rses - and rlrt rs-r1- Ihs z-zat tE1ut
IA tEae ezEhzz.E u EaseE On he c1il q lie c11l
: trF gi-h uE1Eh We trz1e- E69 zrE re - cspgE
q ne E1st ze-r51zLie Ez1-GS AID VITA III lea
laaE, tie izErflaE gzl1s q tie EaLIIEzaa d1lIas
= s.mrazsd VIA rssi-
~. srrsrkzEL Thai VII ~ reTzla1s1 81 4
Y Itz q S1pplT and 6enzzzd.
= u l.zzlE tErtE<~
( Hsa- 81 5s.aA Az pa hszssaiss4a, y
p 9rrzrazlf
3 NzsssE.l- Iha.s % is-4 vhas 7 - 5uss