The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1886-11-23

IRE remarks Of ColOnel SpreckelS,
as published in the Cal, are those of a
very angry man and must be taken as
such We republish them, not because
we agree with them IN toto. but because
it IS well our island readers should
know what are Colonel Spreckels'
views nor, and compare them with
what they know them to have been in
the past. The statements have created
d great sensation in California, and
viii undoubtedly be quoted and COM
mented on in the East. There can
not be any doubt as to the injury
that they Will do Us both financially
and commercially.
1t is the policy of w NJ. Gibson
that has brought US to this pass.
When the King realizes that this man
has not only injured the trade and
credit of the country, but has under
mined his throne as well, when it is
too late he will drive himffrom the
position he has misused and disgraced.
The following is the interview
''The King said Colonel Spreckels, "has
for long time been led by gin-drinking
adyeuturers, men wh5 have nothing to lose
and everything to gain by leading His Maj
esty into escapades, and upon a course of
widest dissipation. He is easily approached,
when sought at tue drinking or gaming table.
The two leading courtiers are Colonies Mac
farlane and Armstrong, both Englishmen,
the latter an .gent for Portuguese emigrants.
These men have got to the ear of the King
and persuaded him that they could float a
in N b m al rl-ulo Low
rates.
Il an the principal creditor of the Hawai-
ian government. 1t owes me $4,000, bor-
roWeu at various times to meet the current
expenses ot conducting the goverument-to
pay salaries OF police, judges, and the other
departments Of the government. The rate OF
interest charged upon the loans is 6 per cent.
for the amount secured by bonds and per
cent on the open accounts. When the ques-
ton Of a loan OF S2,0O0,0U0 came before the
Legislature and Ministry l agreed to advance
the additional 81, 2S0,Q0U, but insisted that a
clause should be inserted IN the bill to pre-
vent any additional loans until mine was
paid.
My reason for demanding the insertion of
this clause was because knew the King was
crazy upon the subject of loans. In June
last he sent sam. Parker and Kaulukou, two
of his Ministers, to me to advise with bin
and them upon the best means of floating
loan of S10000,000, to organize and equip an
army and establish q navy for the Hawaiian
Government. l asked them where the $780,
600 per annum was coming from to paw the
interest on the loan; they did not know, and
| told them to tell the King from me that l
would rather see him going barefoot, as an
independent King, than to see him rolling in
luxury for few years and then to find his
kingdom slipping from under his feet. The
King, at this time. had become dazed with a
scheme to visit Australia and meet the Prince
of Wales there, and in order to make the
journey in regal style he wanted an Hawaiian
navy to carry him in state to the southern
world. halakaua is man that cannot be
reached by calm reason, bat can be ruled by
the gan bottle; that Is his divinity, and who
ever vorshlps al the shrine of Bacchus will
ind an opsn-armed welcome from him
i choked off the 100000 loan, and ever
since the courtiers have been plying the King
with propositions to get the advance in Eng
land. have had the best interests of the
Hawaiian Government at heart, for have
made heavy investments IN the islands. Nv
-rst visit was II 1876; the exports of the isl
ands were then 1900 ions of sugar. which,
with fruits and other products, amounted to
S2,OOO,OOO; for the past year 10000 tons of
sugar were exported, which, with fruits and
other products, represents Sll 100000, So that
the trade of the islands has increased $1,000
600 in ten years.
The revenue of the Government for the
fiscal year, ending April l, 1886, is as follows:
receipts $3.29S, 1876 II: expenditures, 50, 29l,-
al IS.
ssThe item which heads fba 1ist Of av,,a,, ii