Daily Honolulu press. [volume] (Honolulu, Hawaiian Islands) 1885-1886, 1886-04-13

either be left at this e6fee or Be giDen to Mr..
lNellis
SOME people are very hard to please,
and, like self-styled critics, think
everything must be criticized to keep
up reputation for criticism which is
too often founded upon mere prejudice
An Illustration Of this sort of foolish
ness is furnished by those who are now
blaming the Oceanic Steamship Com
pany, because two steamers were sent
away from Honolulu in the space of
three days, which may or may not leave
us without a regular steamer to the
Coast for nearly month, as has been
asserted. These chronic critics know
very well that the O. S. S. Company
has lately bought two steamships,
which will be put in regular service be-
tween here and San Francisco as soon
as both are reftted; they know that the
Zealandia, which lately left here
about three days before the
.Alameda, was one of these
vessels, and that the Anstyalia
will soon be ready for service;
they know that the disarrange-
ment of our steamers was caused
by the extended service to the Colo
nies, and they know that the remedy
costs both time and money-still these
chronic GROWERS growl We do not
write these words in defense of either
the Oceanic Company or anybody con-
nected Herewith, as the public well
knows-we write them in behalf of
common justice, which these self
styled critics seem to have lost sight
Of, blinded alike by political preju-
dice to both the facts and the intentions
of the Oceanic Company, as public
ly advertised in the local columns of
the newspapers here, in regard to the
steamship service to be established
between Honolulu and San Francisco.
.=-===-===z
THE practical results of the Colonial
policy Of borrowing large sums of
money, to be invested in reproductive
works, are at last attracting the serious
attention of the Colonial press. Sur
prise has often been expressed by the
American press that such system Of
financial borrowing should receive the
endorsement of London capitalists,
without there being check placed
upon those who handled the loans to
prevent their being spent upon other
than reproductive works, which are ex-
pected to return at least the greater
part Of the annual interest. The sgd
ney Herald declares that the failure of
the system, which was initiated in New
Zealand as early as 1870, sis matter
which cannot be regarded with indiffer-
ence in these Colonies" Australian
statesmen, it seems, heartily endorsed
the policy without fully calculating
what would be the practical results Of
the working of the system. Carried
away by the success which has at
tended the securing Of these loans in
the past, the Colonies have overlooked
the fact that future loans under the
questionable system can only be
secured by keeping up the character of
the loans and spending the money,
only for those purposes for which it
was appropriated. 1t seems now that
doubts are arising in the minds of the
Colonists, as to whether this borrowed
money has always been devotedto repro
ductiye, interest-paying works; and the
charge is made in both the newspapers
and by official admission that the in
terests of the country as whole have
been sacrificed to the clamorous de-
mands of electoral districts, while the
Colonies have gotten into pernicious
system Of indiscriminate borrowing,
for purposes of expediency. Examples
OF the evils arising from the system are
cited on every hand, and the Sydney