The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1890-06-13

"Thc insiders continue to be very
bullish and are much clated
at the passage by the House
Of Representatives, late yesterday
afternoon, Of the Tariff Bill, which
they claim will be highly beneficial
to the Trust. The Trustees met on
June 10th. They will set
day for the annual election, which
will take place in the near future,
and at which, no doubt, there will
be hot fight for the control"
The point in the foregoing is that
the Sugar Trust openly advocates
free sugar, despite its absorption Of
the American refinery and Hawaiian
sugar contracts. Free sugar means
a saving of $40 per ton on the Trust
purchases of Hawaiian sugar, or say
S3,600,0 900 on the years crop. 1t
has been known all along that Have
meyer was using the Trust influence
in Congress TO abolish the sugar
duty for the purpose Of cinching
the island planters and lowering the
price of raws at New York. If
Claus Spreckels had not stool in the
gap and prevented the consumma-
ton of its plans the Sugar Trust
would have had the island planters
wholly in its mercy, and what that
would have been may be inferred
from the foregoing. The planters
would have been compelled to ac-
cept whatever terms the Trust offer
ed them, because there would have
been no competing retineries to bal
ance prices and check monopoly.
The Trust, to which they had tied
themselves, would have absorbed
all the profits on their enterprise
and capital, and they would have
been unable to free themselves
from its malign influence. 1t is
about time these conditions were
changed, in other words, "that the
Hawaiian sugar planters cmancipat-
ed themselves from the control of
the Havcmeyer. Searles Sugar Trust
monopoly, and stood as free men,"
Mr.. Carter, Hawaiian Minister at
| Washington, makes strenuous denial
of the truth of the report telegraph
ed from Mare Island, to the effect
that he had requested that the
cruiser Charleston should be sent TO
Honolulu to prevent possible trouble
on the assembling of the Hawaiian
Legislature. Nevertheless the
Charleston sailed on the DIST for
Honolulu, where she will doubtless
be very welcome. She flies the
Admiral's flag, and will show what
can be done in the way of building
first-class cruisers at San Francisco.
The Charleston will bear comparison
with British cruisers in Hawaiian
waters, and should be looked upon
with pride and satisfaction by all
American citizens. The Iroquois, a
ship of very different class, is I'M
der orders for Honolulu and Samoa,
and should her machinery not break
down, wind and water permitting
she will probably reach her destina-
ton some time during the present
year.
Great interest is being taken in
the islands as point for tourists,
and several large parties will visit
Honolulu this season if you only
manage to keep the peace and be
free of quarantine.
| In railroad accident on the
narrow gauge road near Alameda,
thirteen persons lost their lives.
The local train coming to the city
dashed Oh to the bridge across the
creek and the engine and two cars
fell into the water as the draw was
open. The danger signal was flying,
and there appears to have been nc
excuse for the engineer. Among
the dead was Ii. w. Aud, of Homo
lulu, who had taken passage by the
Zealanda for to-day, to return witt
his sisters. Full details in to-day's
San Francisco papers.
|