The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1890-02-10

the crops and the values are the
principal elements. If the crops are
abundant and the prices remuncr.
alive we prosper in spite Of the
worst Administration and IL, on
the other hand, our crops are u
failure or prices are so low as to be
Improbable, the best Government
possible cannot atone for the mis-
fortune. Lack OF confidence in
Government may retard enterprise,
and thus be an impeachment to the
development of natural resources,
the development Of which means
prosperity; hut the fullest conf
dence in government never leads
men into enterprise nor induces
them to make investments from
which they have no hope of profit
able returns. The expectation of
| gain is the moving cause. When,
for instance, man or company Of
men start sugar plantation on
Kauai, Oahu, or any other island of
the group, they do so because they
hope to be pecuniarily benefited
thereby, knowing full well that
whatever four men administer pub
lie affairs their prospects will be but
little affected thereby.
| The whole matter may he briefly
put in this form: The country is ut
least moderately prosperous; this
condition is mainly due to the salts
factory state of the sugar market,
producing enterprise as well as
cash: confidence in the stability of
government also having due infu-
ence.
Let us now look for moment at
the future. What are our prospects
They are hopeful and encouraging.
The price Of our products is mat.
ter beyond our control. The law OF
"supply and demand" must regu'
late it. But the probability favors
our faith in this regard. That the
country has vast undeveloped re.
sources is certainty. Broad acres
of unsurpassed fertility lie untitled
and waste. Capital and enterprise
can make them yield in abundance
. for the benefit Of man. Severa
companies have been lately formed
, with the needed capital, and opera
tions actually commenced; ant
there is room for an indefinite mum
Der of others.
Here on tho island of Oahu the
railroad, twelve miles Of which art
already in operation, promises to bt
o great developer of resources. L
! passes through large tracts Of lane
hitherto occupied by few head o
cattle only, but capable Of produc
ing almost anything that soil cal
| produce. The railroad will prob
5 ably be the means of reducing then
to cultivation in the near future
, And there are greater and NOR
: fertile regions beyond, TO which th'
t Legislature will undoubtedly affort
e the railroad company all reasonable
e encouragement to extend Ithei
2 line; and 4 railrsad to and through
+ those lands means their being turn
, ed to use. The Oahu railway i
destined to be IN important facto
r in the prosperity of the island.
Il As to our political condition
D which relates to the government O
1 the country, this augurs well. W
r have just passed through genera
o election, in which the supporter
: and the opponents OF the Admins
t tration entered into an earnest con
!, test. The contest over, each sid
), accepts the decision OF the ballo
v box. Our revolutionary days ar
: over, and the people went peace
$ fully to the polls to express thei
3 will by their ballots. To ever
j. friend and well-wisher of the cour
c try the general demeanor Of til
people on that day was extremel
}: gratifying. About three month
c from now the new legislature wi
# meet to deliberate on the affairs G
n the country, and we feel satisfied tia
4 the result will be an increase, an
o not a diminution, Of public conf
| damon