The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1889-02-18


presenting the People in the case
against the American Sugar Rein
cry Company. The law seems very
clear that such contracts as the one
outlined above are in restraint of
trade and therefore void, and that
corporation, the creature of the peo-
pie, entering into a contract in res
traint of trade eXhausts its corpO-
rate license and fo:feits its asset to
the State. The suits against the su
gar corporations in the East were
instituted at the instance of the |
New York Tammany Society, and |
the California Tammany Society fol-
lowed the steps of sthe New York
society in employing counsel to in
stitute and prosecute suits against |
the corporations belonging to the
trust on this coast.
"The report was received, and the
society was unanimously of the
opinion that the suit should be
pressed to trial at the earliest possi-
ble date. The Attorney-General
will probably he called upon to go
to Washington to argue the Chin La
Ping case before the Supreme Court
the latter part of. this month, and
an effort will be made to have the
case tried before his departure. 1t
is believed that the suit will he bit
terly contested, the defendant cor
poration being very wealthy one,
and the value of its franchise being
popularity supposed to be worth an
amount of money represented by not
less than seven figures"
The old San Francisco and Pacific
Refinery that belongs to the Trust
is being dismantled in San Fran
cisco.
Mr.. Andrew Welch, President,
and Mr.. W. Burr, Superintendent,
of the American Refinery, no more
have power or jurisdiction over its
operations, their places, salaries and
duties being assigned to Eastern
men sent out by the Trust. Mr..
Burr is endeavoring to negotiate for
the purchase of the Alvarado beet
factory, with view to entering into
that branch of the sugar industry.
Mr.. J. f. Searlcs, ir., the Secre-
tary of the Sugar Trust, has paid II
brief visit to San Francisco.
There have been heavy arrivals of
raw sugar lately: the j. G.. North
Rosalind, c. ID. Bryant, Rosario, w.
S. Bovine, Ida Schnauer, from the
Islands; the ship NIacI'arlane with
"A, ,424 mats from Manila; and the
bark Dione with 2,9lG baskets and
2,618 bags from Java and Hong
kong This cargo is being stored
in the unclaimed warehouse.
A very interesting point will arise
in the case of the American Retin-
cry when receiver has been ap-
pointed by the court. His duties
are to pay outstanding debts of the
concern and then dispose Of the
property. But sugar will arrive,
consigned to the American Refinery,
after the receiver has been appoint
E ed. Planters will have drawn upon
, their agents here for the amounts
, due them. but who will pay the
drafts? The receiver of the Amcri-
r can Refinery cannot purchase or
o pay for sugar other than what was
on hand when he took possession.
o 1t will be his duty to close up the
o refinery and not to continue its bust
+ ness. The agents of the planters
will not meet the drafts upon them.
q The sugar will lie idle, and no re-
c turns will be forthcoming. They
G need not look to the Trust for any
Trust are illegal, and the Trust vii
4 have no more consideration fo
f planters than it did for Mr.. Welcl
4 and Mr.. Burr, and no more con
Il sideration than when it falsilieC
n New York quotations for the pur
q pose of robbing Hawaiian planters
There will soon be some knott'
f problems to solve and your peOpl
l. will need to do power thinking
n to get out o. the muddle.
# Mr.. Henry w. Grey has been ap
/ pointed receiver of the Brooklyl
l. sugar RellnlnS company under III
q Supreme Court decision annullin:
,r its charter.
# A New York paper attempts t
Ic defend the sugar frauds there o
,e the ground that Boston importer
It have all along been fools enough l.
W pay too high duties and that til
r. government polariscopes were out c
n gear. This, however, will not ex
is plain the damage claim swindle
st when damages to 200 bags wer
h claimed on 1000 bags. New York
It strange as it may seem, is insanel
,c jealous of every person and plac
outside of New York.