The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1890-07-26


Repairs road, including running expenses above
for the first few years will be necessarily large
1t should be remembered that with railway facilities
Hawaii saving to the plantations rates and quantity of
freight above estimated would net $125000 per annum
1t is believed by those who in position to know, that
the business along the line would be greatly augmented by
the proposed railway.
have the promise Of large land Hawaii of
100000 Of land in fee which will be consolidated with
the road and for taken i'll stock and bonds of the
Company This land will become valuable after the road
sbui and when sold will go far towards paying off the
bonded debt
propose on construction
of each line shall be payable in equal in ten ff
teen, twenty, twenty five and thirty years.
In taking broad and comprehensive view of the request
for Government aid in guarantee of interest upon railroad
bonds it will be observed from the statement made that
while little risk would be incurred, the Government
would assist in creating good securities for the investment
of accommodating funds which otherwise might be
of the country trust funds and the savings of the working
classes who obliged to deposit their hard earnings
at lower rate of interest.
would be superuous call the attention of your Hon
orabe Committee to the thousands of of rc fertile
lands practically locked up and lying in unproduc-
tive state for want of suitable transportation facilities, and
it also equally unnecessary to speak of the urgent
necessity for the easiest quickest direct and
ca method of transportation known, to agricul
tural interests from utter failure.
Recognizing do sole dependence upon pro-
ducts of our SOIL together with the possibility staring in
the face Of change in the tariff of present market
which if effected will be financial loss this country
equivalent abrogaton Of the treaty. the Government
should put forth its every and utmost endeavor to
age enterprise capable of building up the waste places
under adverse circumstances.
Already we see the beneficial effect of the short line of
railway just being completed, in the starting of two
plantations this island, each capitalized value
$5O0000 Real estate has changed hands along the line
raising the value of property from $5O00 assessed for
taxation two to 100000 its present assessabe
value.
If parties who claimed damages for right of amount
ing average of 81 900 per mile from Honolulu to
Hoaeae for strip of land forty feet wide pay this
year their property lying between Honolulu and EVA
the charged for land TAKEN the of rail
road building the part of the Government upon the
asked in the Oahu Railway and Land Companys Bill
now before your Honorable Committee would be- think
very profitable business for the Government without ref
erence to future developments
While calling your attention TO the large expense incurred
in the purchase of right of way reminded of the pos
sbty of being obliged to take the westerly route to Ka-
huku and Waimanalo in of difficulty in obtaining
right way going Honolulu and therefore do
wish have the Company bound to take the eaery
| In closing permit refer to the United States of
America which country you know its wonderful
prosperity very largely to its network of railroads. and it
safe say that road in hundred ever
started with half the business already created that find
either of the proposed lines have had the honor of
bringing to the notice of your Honorable Committee.
Hoping the foregoing will lead to legislation favorable to
the enterprise, | beg to subscribe myself, Sir,
Your obedient servant,
b. f. DILLINGHAM;