The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1892-12-16
THE LEGISLATURE.
147TH DAY.
THURSDAY, Dec. Is, 1892.
Morning Session.

Assembly and that a day be now set
for the reconsideration thereof. He
moved that tomorrow by the day.
Rep. Smith amended be Offering
Tuesday" as the day.
Rep, Ashford supported the amend
ment. He thought that, apart from
the merits of the bill, on the veto
the full complement of members
should be present. There were
several now absent. He considered
the bill of itself trivial, but to veto
any Act passed by this Assembly is
what lends the Importance. 1t was
a matter of regret to him to see that
the Queen either with or without
advice would use the veto power
upon such trifling matter; he con
sidered that it was trailing the veto
power in the mud.
Noble j. NJ. Horner desired to
know if the Ministers counselled this
veto?
Rep. Kamauoha supported the
motion that the matter come up to-
morrow. He was surprised at Rep.
Ashford Directing to the Queens
using her prerogative. The veto
power was hers and when she used
it she should not be criticized.
Rep. Ashford-Auwel
Rep. Smith personally felt much
trouble. The veto power in Great
Britain had not been used in a
hundred years, and it was here used
on this trivial matter. He did not
think that the use of the veto in this
was a trihing matter, therefore would
not like to have it discussed to-day.
On motion the veto was set for
consideration on next Tuesday.
At 1927, the Assembly again re-
solved into Committee of the Whole
and proceeded with the consideration
of the Banking Bill.
Noble Williams continued his
argument against the consideration
of the bill section by section. He
believed, as he had before stated,
that the working classes would be
the most injured. They would feel
the burden by the immediate in
crease in prices of articles of food
and wear and for which they would
in short while, be compelled to pay
v.
As champion of the mechanics and
working people of the city he would
| oppose the measure with all his
ability. He characterized the bill as
an intended cold steal, although he
would not impugn the motives of
the introducers.
Noble Horner said that the argu-
ments offered by Noble Williams
were only such as had been used by
bullionists ever since the days of
John Law. He would show the diff
ference between an illusion and a
knock-down argument. He read
from correspondent in the Adver-
tiser in which the writer stated that
the issue was only based on paper.
The speaker read from the Sd sec
ton of his proposed bill and showed
that the basis of the currency was
gold and not paper. He also re-
ferred to Section of the bill as an
additional refutation of the charge.
Thousands had probably read that
statement this morning but the
writer had probably not read the
bill. He had been looking for the
last fifteen years for regular knock
down arguments to this principle of
his but had not yet found them.
With regard to France it was the
paper money that helped them over
their troubles when they had paid
over all their gold to Germany. The
bullionists always refer to the poor,
laboring men when they offer objec-
ton to this bill, but it is in reality
their own pockets they are looking
after. Why don't these bullionists
who are boarding up gold, put men
to work and pay them in gold, so
that they can get something to eat
and something to wear. 1t is better
to work for paper at only 80 percent
of its face value than starve.
Rep. Wilder questioned Noble
Horner as did also Rep. Smith, but
answers were deferred by the ques-
toned gentleman on account OF
their being somewhat premature
and might be answered by him when
the different sections came up.
Rep. Smith was importunate, how
ever, and in referring to statement
made that Chinaman had been
trying to buy up gold lately with
silver, he (Rep, Smith) asked, could
the gold desired have been obtained
any quicker or easier if this pro
posed paper currency was extant2
Noble j. Nj. Horner would not say
that it could.
Rep. Smith desired to know furth,
er if gold is now being held by down
town people boarded up, would the
issue of proposed paper bring gold
here?
Noble Homer said that there was
coffee and sugar and fruits to dc
that. He was not touching upor
traffic abroad. He was only endea
voring to supply a currency for Ha
waii. To supply the Hawaiian PEG
pie with a tool, one of the best il
the world, money with which the,
could work to their own advantage
The Minister of Finance would
say but little. The merits of the bill
We're too well understood. Nobl,
Horner had said that Sections anC
b had shown that the proposed cur
rency was on a gold basis; he (tht
speaker) would draw attention t.
Section 4, wherein it was shown tina
the currency was to be a full lega
tender for all debts due the Govern