The Hawaiian gazette., 1885-03-04


Wrrs al Of the public injury which has
ro>ulted nom the Incompeiency II the
p0asen; administration. there Is however :
continual rouni ~ entertainment in the
frantic efforts 81 the Ministers to escape
the oiUm a their own nisieS(is: the
tvistinCs Snd turninSs. the lodgings. the
SluirninCs, the wrigglinSs, the contortions
Of these men. and especially the ground
and lofty tumbling Of the chief oonior-
iouiS;. 70 eyade the public condemnation
thai. Notwithstanding aN their spSSmodic
d Souuce Of unlimited amusement 70 those
who keep the threSd ot events.
The Sp0eckels Monopoly Bank Charter
Act, WIS lS,> 4 WISE measure, then md,
when public opposition Srose, il was s
scheme unworthy Cf consideration. and
they helped 70 vote It downs then Sri.
afterwards they cursed the conSpirstOrs
VINO worked I'D the excitement; which
Sczrei them INTO helping to Kill such 3
Sta;eSmSnlike Act, And - in reSa1d to
currency: they viii no; obey the law which
SAYS they shall replace silver with gold,
and tire of their Stlnkpois 81 the OppOSi-
iiOn-foV forcing the passage Of the currency
| Act. and 81 business men Of high standing
iO- supporting the law, whereas as we
| show below. the currency law that wsS
| passed was not q measure OF the oppOSi-
ton az all. but was recommended 10 the
| House neSrly aS 1t stands now 10y the
unanimous report Of 4 committee Of five.
/ two Ot whom were the Minister Of Finance
/ sni the Attorney General. and the other
three. being none Of them. prominent IS
| opposition members Of the Assembly.
! The law IS It now stands was passed
with the assistance Of the votes Of the Min
istry. and was returned TO the Assembly
81 an early day with the Kings signature,
l of course with the approval and advice Of
the Ministry. II they confess that they
/ did no; understand the law az the time,
a. might b gathered from lste remarks IN
l the Ministerial organ. thst would CORE
spond with the prevailing public lmpres-
/ sion which accounts II 8 measure, for the
increasing desire for men II the executive
| who VIII and can understand what they
a7e doing
We ind upon further examination Of
| the uecoriS Of the Legislature that Mr.. )
s. Dole and Mr.. Frank Brown were alsl
on the Currency Committee, and that Mr.
Dole presented q minority repGrt, Mr.
I Brown signing the majority report These
additional facts dc not weaken our aTEu
ment. that the currency law was d qussi
administration measure but rather tends
to strengthen 1t.
l-EsIsIl-TzE AsszlrELI CHGNzEs- June, IS>t
To Hos GCoFEEI REOoEs-
Prrs5isT- n n. Ls.ri.rEff~, I,.sr r-frs-
/ YJzE Co1EIitss OF Currency have had Urjsl
c5-S'ts-stl0-, :hs several Bi-s- referred 70 then
VIZ Bill Introduced by the Minister u FLnarea
20 amend Section l % Al Acs approved lith day o.
AUcES.. ISL entitled an Ac- to provide for rs
til-sl ocia8Se. Bill introduced BY The NIliS:s
l q FL1aUce 20 amend Section ; OF Al Act 20 reEC
.ais tie t1rrs5cy aE.7So7ed sept y. 80 \ %.
iu;rod1cad by Hon I. Brown 70 amend Section o
C1Epss- u Of -ls Laws OF lS6. laIInE 20 Currency
/ A Bill introduced BY Hon : b. Dole, az Ac. &
! Ee--la-s the C1rrs-cy-s-d a Pe:ltloC-pCsssliC,
! BY Hon. J. EicEsriS11 from the b1sirsSs men an,
/ -aslLe1ts Of the Hawaiian Islands. PRAYING tha
| Au-e-lcs- Gold Coin Be made the standard and K
al tender fl- payment OF all debts II this hlr-1ou
| s-1 that Hlvalilu and Arcz-lcln silver COLES D
! limited A. legal tender % Five Dollars
YCCr Cou-lttes Elve acresG upon recommend
I ICc 20 the Assembly al Ac. regulate the CC--slcl
| EEicE ;1sy bsvs dawn up and herewith submit
This Act provides to- making the gold cliES o. Ii
United STATES standard % values. and LEGAL ten
! de- II payment q debts 70 al accounts For usk
IrE Hawaiian silver coins and United States silys
| CONS legal tender % the amount % Ten D0ll8rs
EIr making all oths- sold s-d silver coins rec24y
L
| nominal vll-e. The Act gives the Minister Of Fl
nance. II his discretion. the authority. vhsusve
| NECESSITY fo- such action shall aEiss-;o eZch2n-
tie silver coins which rcsy Be Il the IsessCry-f1
! Co.6 CONS The Act requires the Minister ot Fl
! nance 20 sIchznCe Hawaiian silver coins toz ID
| ucc1--e-f silver c1I-s- nov il the hands ot tn
people. :: the 1oulilll vAlce Of each respectively
and % aFrEc-e that SccE unC1Ersrt coins shall
rsplacs3 II the lre1S1ry by gold coins That ID
expense OF this transaction shall Be borne by q
T-ezS-ry and that ths Act Of lSS-re.SIing to coin
1 age and The Ac. Of lsI6 relAtins Currency Be =
! ps2ls1-
The eject OF the Bal submitted by your Comm
tte-ii / believed. .lll give 20 ;hs Kingdom s.auC
ard OE measure % values. which vii be Goc1Eat
sssa5E z1d convenient and - the sane time IN 8,
| cord. vi-E tls standard II Use. by those nation
| With whom Ts have the greater part OF oCr con
EerCizl csallCcs- That Il -Ill purify our none
cIFc1lEtol tru the eprsisted f0Telzu silver c0ir
watch l-s nov IN uss. and which hitherto hsy
bssl f1-ce1 upon Us either through the UrdInaC
1 channels OF trade or through being su1sgled L
That II vii give Il Currency. which viii a1ori Z
q sound b8slS, foE the paying and selling Of Z
change az normal -1rurnoierats rateS-zu3 viii y
I move disturbing elements which nov elbaraSs Ii
whole range Of basiuess Transactions.
Your Committee therefore submit The EccJmp.
| -yInc Act 10 Regulate the Currency recouueEdiu
is pzsssce a. substitute f0E the Bills referred
thea. which BIZ together With the Peiiiiol-ths
recommend 10 be laid on the Table. All OF whic
/ L respectfully submitted J. Morn SIXTH.
FRLSE BzovS.
PAUI NErxASN.
Attcrnsy-lIsueral-
ISO. n. hAPKSA.
Minister OF Finzrc
SIML g. WILDE
L.. p