The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1892-12-16
THE LEGISLATURE

ILL LUuiDLh UItU
One Hundred and Forty-seventh
Day.
THURSDAY, Dec. ID.
The House met at A. NJ. Roll call,
twenty-three members present. Quor-
UNI at GIL A. NJ. The minutes were
read and approved.
RESOLUTIONS.
Rep. White introduced the follow
ing resolution
WHEREAS, Hon. John William kalua,
one of the native Hawaiians, noted as
legislator, and also an old member OF
this house is dead, and
Whereas, it is proper that this House
should show its respect to his memory,
Therefore, be it Resolved, that this
House adjourn at II O'Clock no3n to-day.
Rep. White - Hon. j. w. Kalua
was one of Hawaii's leaders and
greatly beloved by members of
this House. Maui mourns her
ence among native Hawaiians, as
we'll as foreigners. He hoped that
Noble Horner would kindly consent
to the postponement of consideration
of his bill, on account of this uneX-
pected event of Mr.. Kalua's death.
Noble Horner moved to adopt the
resolution. Carried.
|uapI- NToCartbu road resolution
from the Chamber of Commerce.
s'Resolved, That in the opinion OF this
Chamber the passage OF such an Act is
most undesirable for the interests OF
commerce and the public credit.
Signed, j. B. ATHERToN,
Secretary Honolulu Chamber of Com
merce."
Rep. r. w. Wilcox expressed his
regret at the Chamber of Commerce
irving to give gratuitous advice to
this House. They evidently thought
that this House is unable to consider
the subject well.
Rep. Kamauoha moved the resolu-
ton be considered with the bill. Car
ried.
At 1854 A. NJ. the House proceeded to
the
ORDER OF THE DAY.
Consideration of the Banking bill
in Committee of the Whole.
Rep. Waipuilani was called to the
chair.
Attorney General Brown moved to
adopt majority report.
Rep. Smith moved that the House
rise and recommend the adoption of
the report of the majority committee,
which recommends that the bill be
tabled.
Noble Horner moved TO adopt the
other report. His experience in
life had taught him differently
from the arguments in the AID
vERTIsER. Although they are
written by a very intelligent man
whom I much respect. L beg to
differ from him. Mr.. President, I
presume I am schoOled in finances,
and in the same system as those bust
ness men who are opposed to me.
have seen ups and downs during my
life of over three score years and ten.
He had seen many ups and downs of
his country occasioned by false
financial system. He was at one time
almost literally knocked down as Paul
was knocked down on his way to
Damascus, but the beam had been re-
moved from his mental vision. He
had promised himself long ago that
he would present an opportunity to
dig at them at the fifth rib whenever
he had q chance. This is an opportu-
nifty. This bill will prevent money
panics in any country that passes such
bill. / defy anybody. who would
say that my bill would not cure.
no ha 10 hut
contains the seeds of business life.
blood, and if allowed to grow, it will
fulfil all 1 claim for it to all kinds of
people of these islands. We all
know that the Government is
in fine pilikia. Seeing we are
in fine pilikia, it is best for
us to try this. Next Legislature can
repeal it. 1t can't do much harm for
the Government is we'll secured. AL
most all the civilized world is afflicted
with financial sickness, and these
islands are not an exception. He
moved to consider the bill section by
section. The House is honestly di-
vided on the bill. The opposition may
be schooled by arguments from those
who favor the bill, and vice versa.
This House had spent already three
days on the subject, and it would do no
harm to spend another day discussing
it, even if they finally reject the bill.
Noble Williams favored the adop-
ton of the report of the majority OF
the committee. If the House con-
slider the bill section by section it adj
mits that the principle of the bill i:
correct. He did not consider that the
principle of the bill was correct in 8
single iota. He had confidence in the
integrity of the introducer of the bill,
and believed he had introduced it with
asincere intention to remedy thef inan
cial pilikia, but he must have erred
Noble Horner. had stated his many
i ups and downs in business life during
p the last meeting of the Planters Labor
and Supply Company, at which meet
ing he Noble HOrner) was present.
Noble Horner wanted the bill tt
stand on its merits, not on his (the
speaker's) merits.
Noble Williams wanted to show
that the gentleman had made mis-
takes in financial views, and he may
have also erred in this bill. This bill
it is claimed, will remedy the false
financial system all over the world
The United States treasury had Away
surplus. What was wrong with tn,
system of France when after the re
bellion they paid off debt of fiv
billion francs inside of five years
Il. H. 49,