The Hawaiian gazette., 1893-10-10
TIE OUTLOOK

the uepdIGuIS Vi SOinL14eSlOuOA
Blount by the steamer Gaelic. The
local political pot has been kept
boiling with the fragments of the
monarchy which have been burned
by the royalist politicians in the
hopes the United States would en-.
terrain the theory of restoration.
Since the arrival of late advices
from the United States, however,
even the royalists have been letting
go their hopes in this direction,
and public sentiment has been
veering towards the necessity of
the establishment of a permanent
and stable form of government,
which, under the direction of the
United States, will insure the flu
ture prosperity of the islands.
The quiet confidence of the
friends of annexation has been
strengthened by each succeeding
mail from the coast, and the assur-
ances received from the friends of
the Provisional government at
Washington, has had much to do
with the now prevalent idea that
the United States government will
not consider restoration in the
settlement of Hawaiian affairs.
The position of the Provisional
government gains strength daily,
as the proofs of its permanent sol
vency develop. Since the 18th Of
last January, when the present
government took charge, the work
Of placing the finance department
upon q business basis has been
carried steadily forward. After
provision was made for putting the
government upon a paying basis,
after the financial chaos of the
monarchy, the next step forward
was made by Minister Damon in
an attempt to make government
bills payable monthly instead of
quarterly.
This has been accomplished, and
yesterday the last of the bills due
for July were ordered paid. Pro-
vision has already been made fer
the sum of s14,O05.S4 due for Au-
gust bills, and it is officially stated
that after all the monthly bills and
accounts now due are paid there
will be left a surplus in the treas
ury of 100000.
The actual receipts for the
month Of September were $137,-
1921, and the expenditures for
the same month 137,06S.17. This
has been one of the closest months
in which to lay by surplus since
the Provisional government took
charge, and yet nearly 5000 has
been added to the surplus Of over
100000, which in few months
has marked the difference between !
the reckless spending of the mon
archy and the frugality of the new
regime.
Since the present government |
took hold Of public affairs the post
al savings bank. which was left in
deplorable condition by the ex-
queens government, has refunded I.
to the treasury $46, 1885 and has
now on hand cash balances amount
ing to $21, 1922, showing a net
gain since the 18th of last Janu-
airy in this department of $685.
223.O7.
The fact that in the face of the
opposition Of Mr.. Spreckels, who
attempted to reorganize the royal
lists in his own interests, these re-
suits have been accomplished, is
highly complimentary to the men
who are standing back of the pres
ent step forward in Hawaiian po-
litical history. Public works were |
resumed at the moment royalists
foretold the inability of the gov
eminent to pay more than current |
expenses, and provision has been
made for the settlement of the
large amounts due the Risdon iron
works and the interest on the Eng
Ish loan which will fall due, the
former in December next and the
r-aa.- ,,,,ar Ala Gru+ of Tor,orxy