The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1892-07-13

mittee reported that one bank pays
yearly at least $1,000 worth of these
small coins, because they are needed.
They are imported to supply the
needs of the country.
Rep. kaunamano favored the
amendment of Noble Marsden. The
subject had caused much ridicule
from several members of the House,
yet, it would be great help to poor
people.
Rep. White did not favor that part
OF the amendment which provided for
the coinage of / cent peices. AS the
bill had been sufficiently discussed
already, he would move the previous
question.
Noble Macfarlane asked the repre-.
sentative from Lahaina to withdraw
his motion, as he had a further
amendment to offer which he deemed
would be an essential feature of the
bill. The hon. Noble then took the
floor and went into a lengthy argu-
ment in favor of the general tenor of
the bill asintroduced by the Finance
Committee, and laid special stress
upon the necessity of providing for
the issue IF l cent piece, to meet
in the very near future. He urged
that it was measure in the interests
! of the poorer classes, particularly the
native Hawaiians, and predicted that
before the next Legislature came
around it would prove very bene-
| fetal measure in the interests of the
| poorer classes. The signs of the times
| indicated great commercial depres-
| sion-that wages would be largely
reduced and economies and retrench-
ment would have to be practiced in
every direction, and these conditions
would require that the purchasing
power of money be increased. He
argued that if the l cent coins were
issued it would enable the poorer peo-
pie to make purchases of many arti-
cles at l, 2 and 3 cents, where they
are now compelled to pay cents be
cause we are not provided with the
necessary smaller coins. AT present
we are limited to transactions not
lower than cents-the issuance OF
the | cent piece will enable us to
make five transactions where we are
now limited to one. He then offered
the following amendment which was
accepted by Mobiles Neumann and
Marsden in lieu of the amendments
introduced by them:
Section /. The Minister of Finance
is hereby authorized and directed tC
cause to be coined, not more thar
100000 silver dimes, 100000 nickel
half dimes and 100000 1-cent pieces
Such coins shall be of the same
weight, fineness, material and gen
eral character as the coins of similar
denomination now being coined and
issued by the United States o
America.
Minister Widemann objected t.
amendments coming in on the thir(
reading of the bill. Where was the
Noble (Macfarlane) on the seconC
reading of the bill, that was the time
! for him to have introduced hi
amendment and not now, he is delay
ing the business of the House. Fo
his part, he was not in favor of tn,
coming of u l cent piece. 1t wa
totally unnecessary.
Noble Macfarlane stated that a
an early stage in the session he CAV,
notice of his intention to introduce
bill covering this point, but he after
ward concluded to incorporate it will
the present bill, instead of making
separate bill on the subject. TIL,
amendment which he offered covered
the whole ground. "a sharp wordy
warfare occurred at this juncture be
tween the Minister of Finance anC
Noble Macfarlane, in which the lattel
called the attention of the House t.
the fact that the Finance Committee
had found it necessary to throw ou
the bill as it was originally intro
duced by the Minister of Finance anC
bring in revised bill.) Did His Elk.
cellency wish him to remind tn,
House why this bill was thrown out
Reps. Ashford and Waipuilan
withdrew their amendments.
The amendment of Noble Macfar
lane was then put and carried and tn,
bill referred back to the Engrossmen
Committee, to be read next Thursda,
for the third time.
The House took a recess at 1901 p
NJ. till 100 p. NJ.