The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1886-05-17
THE LEGISLATURE.
THIRTEENTH L Z-coNrlNUED.
FRIDAY, May 14th.
AFTERNOON SESSION.

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ligently. He thought the item
should be deferred till the report of
the Minister was there.
Minister Gulick said the interest
was five percent, according to the
savings bank regulations.
Minister Gibson said there was no
arrangement in the convention-his
colleague had recalled that state
ment-but it was part of the pro-
focal. He read the terms from his
report as Minister of Foreign
Affairs, contained in the discussion
of the protocol between himself and
the Japanese Minister, and said
these items were expected to be
binding as honorable conditions.
In subsequent correspondence there
was an understanding that these
arrangements should he carried out,
that there should be a reserve fund,
and that this reserve fund should be
taken care of by this Government.
Rep. Castle, in reference to the
remark that the whole scheme of
japanese immigration would come
before the Assembly, said he would
like to ask few more questions.
On page of the Finance Minis
ter's report was the amount of
s.. Was that this deposit.
Minister Gulick-lt is.
Rep. Castle-ls it a special depo-
sit in the treasury or in bank in
town?
Minister Gulck would merely
refer to his previous statement. 1t
is held under the usual terms OF
deposit in the savings bank.
Rep. Castle asked under what
head the payment of money tc
japanese out of this fund would
come. He would say for that sids
of the house that they did not pro.
pose to interfere with the carrying
out of this Governments obliga
tions to foreign countries. But il
view of the position taken by thu
present Minister of Foreign Affairs
in 1880 and 1882, he must say tn,
Ministry seemed to come short
The plain fact was that, withou
any authority whatever, the Gov
eminent had effected II loan. ii,
asked whether this was specia
deposit with the treasury. II,
found in the Finance Minister
report that part of the revenue o
this Government during the las
period was this japanese fund. ii,
thought the position was rather ~
extraordinary one. While not wish
ing to bring the Government into
trouble with Japan, he should vote
for postponing this item. -.- q
Noble Macfarlane said he would
like to ask the Ministers if thi
money was subject TO call-was it
call loan? Also, he asked if TIL
proposal of Mr.. Spreckels was cal
ried out. Does the 100000 depc
sited by Mr.. Sprecllels remain i
the treasury, or is 1t i'll Spreckel'
bank.
Rep. Dickey said, as the Nliniste
did not seem disposed to answe
that question, he supported til
motion of the member for Molok;
(NIr. Thurston). 1t appeared til
Government got 100000 frol
Spreckels and that only $4,000 wa
in the treasury at the close of til
period. If the japanese Consul ha
drawn on that fund it would HAY
put the Minister of Finance
pilikia.
Minister Gibson said the fir
understanding was that this none
was to be put in the Saving
Bank. There were subsequent il
structions to the effect that I'll
Japanese Government desired TIL;
this Government should take care {
this fund and pay it to them ;
such time as might be required.
was a distinct understanding TIL
there should be no call on the Iii
waiian Government without motto
except in case of sickness. The
had been occasional drafts--tl
consul representing that there W;
man sick or particular case TIL
should be sent home. There W;
no general call on the Governmel
for this amount.
Rep. Thurston said the Minist'
stated that this money was place
there by the desire of the Japane'
Commissioner. Did they authorii
the Government to eXpend it!
Minister Gibson said the Japane'
Government did not want the none
in private hands, but wanted tn
Government TO take care of
without any conditions whatever.
Noble Macfarlane said the Mi
ister's reply seemed to be satisfa
tory, and he thought the fact th
the Government was paying intere
TO the japanese seemed TO be
satisfactory answer to the memb
for Molokai's question.
Rep. Thurston said a clause
the Appropriation Bill forbids III
money being paid out ,witho
authority. Now this appears
Government realizations. BY VIII
authority has any of this mon'
been spent?
Minister Gulick-As | remark'
,.,t a. =.
refers to the establishment Of