The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1890-08-08
TIE PUBLIC REVENUE.
Report ola Select Committee Appointed
by the Legislature on Improvement
and Protection of Private Property

Report of q Select Committee Appointed |
by the Legislature on Improvement
and Protection of Private Property /
In Honolulu.
Aliiolani Hale, Aug. 4th, 1890.
Hos. ]. S. WALKER,
President OF the Legislature of the Ha-
waiian Kingdom
DEAR SIR: The special committee
appointed by virtue of resolution
adopted by this House July lst, directing
Us to Investigate and report upon the
matter OF public revenue being used for
the improvement and protection of pri-
vate property in Honolulu. which the
public have no interest in" now beg to
state that they have taSen the matter
into consideration.
And as the Public Market, Water
Works and Electric Light are three OF
the items brought TO our notice for in
vestigation, We beg leave to report upon
these now, and hope 10 be able to
make report at some future time upon
/ all the items brought before US.
In this report We only give results, not
details.
| The three items named above are
revenue producers, and promise in the
near future OF yielding a revenue sutfi-
cient not only To pay running expenses
and cost of repairs, but also enough to
1 reimb urse the Government for the money
used in their construction, with the inte-
rest thereon, and thereafter produce a
net revenue Tor the use of the Govern
ment. Already the market yields q
handsome profit. In the past period the
income has been $l5, 263. SO, being $1,000
in excess of the rate shown in the last
year of the last period. The estimated
income for the present period is $l7 900,
and the expense OF running for the same
period $4,000, leaving handsome profit
Of $l2 800 for the use of the Government
The Water Works do not yet make
such satisfactory showing, but it is en-
couraging, as its revenue increases as
the improvements progress, and may
yet become an important source of pub
lie revenue, as its increase is constant
and considerable.
During the period ending 1880 the
receipts were only $3S, 800 "a, while tn,
receipts for the period ending 1890 wer,
$50, 60405. This revenue is capable of
still larger and immediate increase b,
an extension OF the existing system t
the suburbs of the city. BY so doing
not only would direct revenues be de
!. rived therefrom, but large areas of res
estate in the city suburbs would be in
creased many times their present valu
by making water from the city system
available thereon. Besides the abov
= advantages, arising from an extension {
7 the city water system, 700 horse powe
would be created at the same time, an
could be made available for runnin
= machinery to engender electric light
y thus killing two birds with one stone.
The total expense for the Honolulu
Water Works during the past thirty-eigl
:: years has been $65S 1893. so, and the re
u ceipts for the same time have been 1901
= 343 .O6, thus leaving only $57 1914 {
'. debt, and with water property owne
by the Government worth 1915. 900 con
i, mercial value. Besides the income
u dollars named above, the Governmel
! has been reasonably supplied with wat'
" for all purposes free OF charge.
The Electric Light does not figure c
y favorably. as it is yet in its infancy. b'
= there is eight ahead" and perhaps
: larger revenue will eventually be realize
u from it than from the water system,
,. the improvements contemplated are ca
- ried into effect.
~ The estimated revenues derived fro
g this source during the present period,
- the contemplated improvements We
completed, would be $57 900, and IL
| ha
70 $50, 1923, leaving net over SIG, 900, whiC
70 would pay the interest for the time, an
: rapidly repay the principal as the yea
% roll on, and after all is paid, the incon
realized after paying expenses will be
u direct Government realization, and v
Is are informed that the system is capab
y of being still further improved in futu
~ periods.
Besides the income above named Il
Government would have its supply
light without cost, and the streets
Honolulu would be lighted at the san
~ rate.
~ So your committee think, as the burde
> of the improvements have been borne
I the people at large these many years
business venture, that wisdom won
'e dictate that now, as they promise all
become profitable, they should be spec
lily carried to successful issue by Il
= ! Government, and by so doing no inju
ID tice in the end to the people outside
Honolulu, as their taxes will eventual
u be lighter in consequence OF the Cover
ment realizations.
10 J. M. HoRNER,
PAUL IsENBERG,
7 A. MARQUES,
Y. KNUDsEN.