The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1892-08-12

Second reading of Bill 12S relating
to distilling spirituous liquors. Re-
ferred to the Temperance Committee.
Second reading Of Bill 152 to amend
Section 1895 of the Civil Code. Re-
ferred to the Judiciary Committee.
Second reading of Bill 153 to amend
the election law. Referred to the
Judiciary Committee.
Second reading of Bill 154 relating
to issue of royal patents. Referred
to the Judiciary Committee.
Second reading of Bill 147, to au-
thorize the sale of opium. Referred
to Opium Committee No. /.
Second reading of Bill 156, relating
to licensing mechanics. Referred to
Labor and Judiciary Committee.
Second reading Of Bill l57, relating
to Chinese immigration. Referred TO
Labor and Judiciary Committee.
Second reading of Bill 15S, to estab-
lish bonded warehouses. Referred to
Judiciary Committee.
Rep. Ashford, under suspension of
rules, read by title an Act to define
the duties of the Court stenographer.
Rep. Ashford also asked the Minis
ter of Finance what resources the
Government had to meet any obliga-
ton which might accrue to the 0. r.
and L. Company, and in what way
the Government proposed to meet
such obligations.
Noble Baldwin, for the Finance
Committee, reported regarding the
issue of silver certificates, as follows
Hon. J. s. WALKER, President Legis-
lative Assembly.
Sir: Your Committee on Finance to
whom was referred Resolution No. 129
introduced by Representative Ashford,
asking certain questions relating to the
issue of silver certificates lately made by
the Minister of Finance, beg leave TO
report that we have had the same under
careful investigation.
In answer to the following questions:
LIST. "All facts connected with such issue
OF certificates by said Minister, and
whether any, and, ii So"
"(2) What amount of such Certificates
were 80 issued or paid out to persons
other than depositors of silver coin in
lieu and place thereof, and (3) whether
such Certificates or any of them were
paid and issued tor the first time, in
payment OF salaries or other similar
Government obligations, or were paid or
issued otherwise than in exchange for
silver coin of their face value, "your
Committee find as follows:
There were issued and circulated
by the Treasury on the Both. OF July
last for Silver coin deposited by Bishop
& Co. $4,000 in $40 certificates and
500 900 in $40 certificates.
Bishop & Co. accepted the larger de-
nomination of Certificates that were in
the Treasury cash, for their $50, 900 and
! corresponding amount in the above
mentioned smaller denominations of
certificates were retained in the Treasury
for convenience in paying off Government
employees.
There has since been received in special
deposit from Bishop & Co. $25 900 more
in silver for which certificates of $50 dem
omination have been issued direct to
them, and they still have on deposit
$25, 900 more in Silver coin, for which
no certificates have been issued.
In answer to the following questions
az whether there is now held by the
Treasury, as special deposit. silver
coin to the full face value of all such
certificates as have heretofore been
issued, and are row in circulation, in
Guiding certificates held as cash in and
by the Treasury and
NOJ 4u0 vi SuCLl
now outstanding, and OF silver coin held
in lieu thereof in the Treasury"-your
Committee have ascertained that there
is now on special deposit i'll the Treasury,
silver coin to the amount OF 1887 900 re-
presented by like amount in certif-
Gates outstanding.
In answer to question (6) "The amount
OF cash on hand, in the Treasury, with
the proportions of gold and silver COM
prised in the same, as we'll as the amount
| of such certificates of whatever date of
issue, now held as cash by the Treasury
your Committee find that the Treasury
balance on Saturday, August 9th, was as
follows:
Checks not collected...... "a 90
Certificates of deposit. 20,095 90
Gold......... ................. ....... 40,960 90
Silver Dollars and Halves. 3,490 80
Quarters.......... ............. 103 70
Dimes and Nickels............... 26 so
Old aoip 17Q QS