The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1886-01-25

evening of January 18th, that ''the
Treasury is without money" he said
what was absolutely untrue and the fact
was within his knowledge. The ADvER-
TIsER published on the morning OF Janu-
airy 9th the official Treasury statement,
cash balance in the Treasury
of $81 1903 49, What opinion can one
form of a man who can 50 recklessly
ignore facts IL the face OF a published
official statement? Does Mr.. Carter
presume to say that the quarterly state
ment of Finance Minister Kapena, made
in accordance with law, was false and
put forward with intention to deceive?
If he does not, how can he square his
sweeping assertion with the require
ments of truth? Is a seat in the Legis-
lature of so much consequence to Mr..
Carter and his friends that it is to be
purchased at such a sacrifice to a man
of honor and probity in the eyes of his
fellow men and neighbors.
We demonstrated in Saturdays issue
of the ADVERTISER that Mr.. J. o. Carter,
Mr.. w. r. Castle and other leading OPP
position candidates have been deliber-
ately deceiving the native people, and
imposing upon their ignorance in the
matter of the National debt. We could
very easily have made out a much
stronger case against them by quoting
the aggregate State and municipal debts
of the United States, the provincial and
local debts of Canada, the municipal
debts of Australia and New Zealand, and
the local debts OF .he United Kingdom,
interest upon which is paid by direct
taxes upon property over and above the
National debt in each case, which is
shown to be so very much heavier than
that of the Hawaiian Kingdom.
The truth is, and the Independent can
didates know it full well, the Hawaiian
Kingdom is the least taxed country in
the world. There is no local taxation
there is no local debt; and property, real
and personal, is only taxed at the rate of
rs cents on each 800, or 8 shillings upon
every EGO sterling, to reduce it to British
money. Is there a country in the world
so lightly taxed as this one? We defy
the Opposition to name one.
But this is not all, nor does our expos
ure of the deception practiced upon the
native people in the matter of the Ma
tional debt nearly exhaust the subject.
Let us go step beyond what We did ON
Saturday, and say that there is not cent
of the interest of the public debt of this
Kingdom paid out of taxes. The inter
est is paid out of income derived wholly
and entirely from other sources. We
shall demonstrate this fact:
DISBURSEMENTS ON ACCOUNT or NATIONAL DEBT.
Interest paid during 1885, ........... go, 349 rs
INCOME OUTSIDE OF TAXATION.
Rents, lands, buildings, etc-..449 s2I 90
Water rates, city and shipping 10000 90
Wharfage.....-........... ..... 20,43O 5S
Towage....................-.. 1851 ~
Storage-Custom House and
kerosene warehouse......... 1875 IS
Rents (transIenD on Esplanade 1857 s5
Excess Of income over payment for
interest during $50 SIS Is
These figures were as available to the
Opposition as to us, but the eminently
respectable gentlemen on the Opposition
ticket and their literary bureau preferred
to draw upon their imaginations for their
facts, and now stand convicted as wilful
falsifers, whose statements if unchal-
lenOed WOllld seriously iniIIro tho OlIblio
credit, and tend to keep men of capital
and enterprise away from the country.
The foregoing statement of receipts rep
resents collections made during 1885,
with the exception of the item water
rates, which was less than the amount
stated. But the bureau of water works
is now undergoing renovation, shall We
say, and the income under that head dur
ing 1886 will probably be in excess of
$50, 900. The water works department
will henceforth be conducted upon bust
ness principles. 1t thus appears that
the yearly income from Government
property and improvements is to-day
nearly double the annual interest payment
on the National debt What, therefore,
do the Opposition financiers and lawyers
mean when they declare that this King
dom is the most debt-Oppressed, tax-rid--
den country in the world?
az-H..-..-..-,--....9
No book ever published contains so much
reliable and valuable information regard