The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1886-01-12

period. This journal threw out a
word of warning in the first month,
advising people to pay as they went
and live within their means. Events
did not wholly bear out the dark
Vaccinations regarding general busi-
ness. A few retail stores of white
merchants went down and many
Chinese firms collapsed. There is
strong ground of suspicion, however,
that not a few of the latter made
speculative failures, which were faci-
litated by the incomprchensible ma
ture of their accounts. All the large
houses, including those interested
in the sugar industry, have survived
what is generally agreed to have
been the dullest year experienced
in all the reciprocity period, and
there is scarcely suspicion of any
of them being left even shaky. 1t
was not, probably, the profits of the
year that iloated the commercial
bark, but those of former years of
prosperity. The year closed, how
ever, with the prospect of the largest
sugar crop ever harvested, and with
the economic improvements in sugar
growing and manufacture generally
adopted, under the stress of low
prices, it is anticipated that, even
in the continued low state of the
market, our chief industry will yield
n healthy prosperity the coming
year. In addition to the advances
made i'm the sugar industry during
the past year, new element of
hopefuness has been created in the
interest aroused respecting diversi-
fed industries. The inhabitants of
the country, including sugar planters
themselves, have apparently con-
cluded that it is hazardous to con-
tinue putting all the eggs in one
basket. Therefore, a cluster of new
enterprises, some in practical shape,
have appeared, which seem bound
to bear an important part in the
future industrial and commercial
position of the kingdom. A large
fruit farm, containing great vari-
ETY. of marketable productions, has
been started in the vicinity of Homo
lulu, and many smaller ventures in
the same line have been begun. The
invention of machine to prepare
ramie fibre for the market, by local
brains, gives promise of Il new and
profitable industry. There has been
a hopeful measure of interest taken
in silk raising, for which the country
is eminently well adapted. One of
the most important movements that
has taken definite shape is that of
land colonization. A discussion of
an act of the Legislature, making
provision for having the public lands
settled, produced action among sew
eral large landholders on this island,
in the way of large colonization
scheme. If managed with prudence,
together with the energy that has
thus far characterized its promotion,
this scheme may be the beginning
of an industrial revolution of supreme
benefit to the nation.
Labor immigration from the fresh
field of Japan has been success
fully conducted on q pretty large
scale by the Government. Nearly
two thousand of this nationality have
been imported, and in general have
given satisfaction on the plantations.
There has been some trouble with
them here and there, due, appar,
emily, to the admixture of the dross
of seaports among the laborers
drawn from the agricultural dis,
tricts of Japan. They are; however,
a peculiar race to deal with, requir,
ing consideration for their habits
and tastes which has not beer
necessary to accord to other i'm
| ported laborers. In the difficulties
that occurred with them, the ques'
ton of eXtra-territorial jurisdiction
loomed up, but our Government
took pains to show that the admis
sion of special Japanese inspectors
was not prescribed by the Mikado''
Government, but voluntarily con
ceded by the Hawaiian Government