The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1890-08-23

an exclusive franchise we don't give any
| thing that has any value. When this
| road was built, nothing was done for the
company, except TO grant them the
franchise. This bill is different affair.
1 am not strongly in favor OF it, but if the
House wish TO pass 1t, well, God bless 1t.
| The railroad is as much benefit TO the
country as to the owners. That is the
way we must look at it. Don't let us in
definitely postpone it.
| Noble Macfarlane-1 am not in favor
| OF the indefinite postponement of the bill.
1t should be considered on its merits. |
am opposed to it, both to the original
| bill and the amended one, but il should
be considered fully and freely, and am
| in favor of the House going into Com
mittee of the Whole On it.
Rep. Rickard-I rise to favor the
motion to indefinitely postpone, upon the
ground that the Government cannot
afford to assume any further obligations.
And am just as sure that the Govern
ment will have to meet the obligation as
| am that stand on my feet. The re-
ceipts cannot possibly meet the running
expenses OF the road. Ii had five mil
lions of dollars now and no other invest
ment for it but this railroad, would
keep my money in my pocket. AS re-
preventative OF the people, think it
would be wrong to support putting their
money into something / wouldn't put
my own into. Why should we build
costly railroad to reach lands which are
already reached by vessels lying in this
harbor. 1t is not like running railroads
inland in the United States to reach
lands which otherwise have no market
Here we have only stripes of land two or
three miles wide. This bill calls for an
expenditure of 5000 per mile yearly by
the Government. II there were any
prospect of anything like that in return,
l might favor it, but | can positively
assure the House that nothing of the
is nearly 100000, and the present
appropriation bill foots up 81 800 900, one
and half million more than our income.
1t was remarked that the rejection of the
bill would involve that of the Hamakua
, bill. III such demands are made as these,
l shall not favor it. | don't want to see
any private individual benefited at the
/ expense of the Government. The pre-
vious question was moved and carried.
The motion to go into Committee OF
the Whole and consider the bill section
by section was carried, Noble Mccarthy
in the chair.
Section l was read.
Rep. Kalua moved section be indefin.
itely postponed.
Y Rep. Brown moved the section pass
s Two or three days ago the House ex.
tended franchise for the Cable Com.
pany. Now the granting of the exclu
: sive franchise is nothing. The only
use it could be would be in raising
e money in other countries. The money
: lenders would know that there would bt
no competitor. We here all know tina
i there is only business enough at mos
for one company. But people outside
o don't know that. l am in favor of the
o bill as introduced by the committee
l. The Government is only asked for 500
S per mile yearly, so that the whole
e amount will not become due at once
The Government is not asked to pay in
e terest but only to guarantee it. Mem
e bers from Hawaii may think they know
a good deal about Oahu and think the.
IS know it won't pay but though there i
r not as much land as in Hamakua. Their
;. is good deal and l believe it will pay
e If didn't | would not favor the bill
e Noble Hind-Why don't you build tn
:. road then?) Because l haven't tn
l. money. would ii had as much as tn
re hon. Noble. If the railroad compan
r. makes default in the interest, the sub
IT sidy will not have to be paid, so that
is cannot cost the Government more tina
l. $500 per mile per year. After that
lie cannot exceed $500 per mile. To max
1t it sure the claim of the Government be
comes a preferred claim against every
~ body except the hondholders. Tn
10 Government may be called on to pa
Y, some interest, but think it would nc
Iy be. There are seasons of the year whe
sailing vessels cannot land at koolar
er poke and there is only one port whel
10 steamers can make landing. Ii tn
lit road runs east as soon as 1T strikes Wa
~ manalo, from there it will have a gres
deal of freight. All the way on to La
IN and kahuku it will pass all the tim
It through rice and cane fields. From X:
L huku alone it will probably get 5000 {
he 1000 tons of sugar. do not believe I'll
ne Government will have to pay one Gel
B. of interest. In order to protect the Go
eminent the Minister of the Interior b,
LIS the right to inspect the books OF tt
Id company. | therefore move the sectiC
er pass.
II. Rep. Richard had nothing again
lis section l. He did not intend to refe
e. on the motives of the committee. Tt
us bill provides for the guarantee OF five p
cent interest on $1,000 per mile on a
n unlimited mileage. rep. Brown
&C Oahu infinitely There are miles ar
miles which will not cost IS 900 per mil
ad 1t is suggested that the railway ma
Elf come into the hands of the Government
OF What will it be worth 10 the Governmel
ne If it does not pay ? 1t is said that any int
at est paidwill be deducted from the subsid
n But the subsidy is payable in five year
We Alter that time what will it be deducte
lie from? (Sic, , think if We pass this bi
a the Government will be off the tracl
We Noble McCarthy-It is you that are {
ITO the track.
W Noble Horner was surprised that
OF compeers from Hamakua, who are ge
e. orally sound headed. should take tn
~ stand. The true policy is to add improy
mt ment 10 improvement. The taxable pro
IN erty of the Kingdom has increased
he value 200 per cent. 1t is known that IN
" provements create value and increa
1t production This House has appropI
to ated about 500, 900 for schools. Ii v
ad stop public Improvements, what are you
at children going to do when they a
IN schooled? There will be nothing mo
ne for them to do than there is now. If "
nv don't 60 on improving, what are yo
Ill children going TO do. We must improv
Ill 60 ahead, and never stop.
ne Rep Richard said If the future prospe
sc ity depended on this railroad he wou
at favor it.
M NobIa NJ uo-,ar CONTINUING MAJ