The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1890-07-25
Afternoon Session.

The House re- assembled at 40.
Second reading of an Act to extend
the time for the completion and equip
ment of the inter island submarine tele-
graph table. The bill extends the time
for completion until July 81, 1892.
Rep. Lucas--I move the bill pass to
engrossment. Carried.
Rep. Kalua moved it be read third
time Tuesday.
Rep. Lucas moved it be read to-mor-
row so that the company can go right
along. The company wish to send to
London by the steamer to arrive to-mor-
row.
Rep. Kalua-The hon member for
Honolulu seems to think that as soon AS
bill is passed the third time it becomes
law. 1t must 90 to committee to be
compared with the original copy, certi-
fled to by the clerk and then sent to His
Majesty who will not necessarily consider
it at once.
Rep. Lucas-I have no such idea. But
If the bill passes its third reading it is
pretty sure to become a law. 1t can be
engrossed in about five minutes and the
Enrolment Committee and the Minister
of Foreign Affairs will hurry it up.
The motion to read on Friday was car
ried.
Second reading OF Bill IA. an Act to
increase the jurisdiction OF District
Courts.
Rep. Kalua-In the Hawaiian version
certain necessary words have been omit.
ted.
Noble Isenberg-I move those words
be inserted. Carried.
The bill passed to engrossment.
Don Konoahonla y,nyal ~ ha road n
third time Friday Carried.
the Hawaiian Postal Savings Bank Act.
bill is that the Government shall pay
no higher rate of interest than the de-
positors receive The old law says that
the Treasurer shall pay per cent to the
bank although the bank only pays AZ
per cent. The difference, ~ per cent,
was applied to post office expense. The
bill is intended to do away with that. /
move it pass to engrossment.
Noble Burchardt-Some stop [punctu
alton mark is wanted in Section 2.
The bill passed to engrossmen., to be
read third time next Tuesday.
Second reading of Bill A. To amend
Section 102, Civil Code.
Minister Brown-The introducer is
absent on account of his health, and
move the bill be passed over. Carried.
Second reading OF Bill 40. An Act to
give greater security to depositors in the
Postal Saving Bank.
Minister Brown move this bill also
pass to engrossment. THIS bill provides
that interest shall be compounded yearly
instead of semi-annually, and amends
the Law with regard To the issue OF bonds
accordingly.
next Tuesday was fixed for third read
ing.
Second reading of bill No. 46, an Act
Savings Bank.
Minister Brown move the bill pass
to engrossment The Posta! Savings
Bank as at present constituted, is great
danger In case of panic there might
be call for the money-wh!ch Is all
PAYABLE in thirty to sixty days. The
amount is about a million OF dollars,
which the Government could not pos
sibly meet in SO short time. The bill
will result in the conversion of the greater
part of these deposits into bonds and SO
| remove the danger.
Noble Isenberg-Wby can't the de-
positor have more than $500?
Minister Brown-That was the old law
| but after his account is wiped out he is
no longer depositor. and then he can
| deposit again and get new bond.
The bill passed, to be read third time
| Tuesday.
Bill No AZ was passed over, the intro
l Queer being absent