The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1893-01-03

" am going 70 New York To cor
fer with bankers or my 0na alSA
/ shout tue 6naneiSi situation, The
ideS had not previously occurred to
me-
- 70 the gold in the treasury"
he continued, I'VE are all right. Last
month the experts FROM this country
amounted to 100000. but the treas
ury lost S501000 only. The reserve
limit is fixed at Sl00.000.0O0. and I
have Ss4000.000 more than that. The
resources Of the country are greater
and more varied than most people
know, and the money paid into the
treasury for gold can be used for re
placing the amount sold. Money is
needed at the West and South, to
buy grain. provisions and cotton, and
If / csn save 8 man $500 or 5000 on
S1,0O,0O0 be does not stop at giving
me sold in New York for currency
laid down for him wherever ne wants
" If they get Us down in this mat.
/ ter 1t viii only be after long fight
and hard one. If 1t were not for
the scare inst seems inevitable in
connection with the shipments of gold
abroad it would not be such bad
thing after all, The balance of trade
is in our favor st the rate of 100000,
600 s month and the gold Will certain
" indits way back here. Last month
we shipped more provisions abroad
than ever before, and | believe that
the showing for December viii be as
good. We have nearly S600.000,000
of gold in the United States. If
S200.0oo,0G0 were TO go ont 1t would
result in the reduction of our public
debt to that extent, with the accom-
psnying saving of the interest on
thst amount I am not at sll uneasy
regarding the situation"
The House Committee has reported
favorahly on bill providing for the
following new light houses on the
Pci+ic Coast: Light at the mouth
Of tie San joaquin river, $4,000;
mouth OF the Willamette river. 5000:
Grayis Harbor, 5000; Cspe Disap
poiutment, S5l,0l1. Il also provides
for al extensive system of lights.
buoys and beacons foy the William
cite river between Salem and Port
land.
F. D. Armour, the millionaire pork
pscker, has given the City of Chics-
60 S1,50l000 TO endow school Of
manual training.
The great mines in Creole. Colo,
have been sold TO New York syndi-
cate Tor SS0l0,0O0. This is the
greatest deal ever made in that State.
The debts OF the Helena Daily
Journal. r lssell Harrison's paper,
sre found TO aggregate S925.000.
The friends Of President Harrison
were the greatest losers
The placer gold mines recently
discovered in Utah are said TO be
fully IS rich as were those OF Cali
lorna.
The expenses OF dedicating the
Worlds Fair buildings were nearly
quarter OF million dollars. Sand
wiches alone cos: $4,000 and SKY
rockets $4,000.
! dispatch from Laredo. Texas,
says that the Garzis bandits sur
pzised 9 troop OF Mexican cavalry,
She. iventy-;hree q them and roast
ed i've alive United States troops
are II pursuit and the Mexican au-
thorities are rushing troops 10 the
b1rier.
The Senate and House Committees
OF Immigration held a joint meeting
and discussed the bill introduced by
Senator Chandler 10 suspend immi-
grafton Il was shown by & commu-
nic2tion from experts that It would
Be positively necessary TO suspend
immigration for q period in order 10
keep the cholera out OF this country
neH year. The joint committee took
10 action On the bill, but adjourned
til Friday. when representatives Of
rhe great steamship lines viii be
heard
Ihe stones discovered in Idaho
prove 10 be genuine diamonds, and
il i thought that great diamond
fald has been discovered
The Union Iron Works OF San
Francisco failed TO secure one Of the
contracts for building the two naval
vessels, both going to Crsmp Of
Philadelphia However. Il Is thought
that Secretary Foster VIII send one
contract 20 this coast The lowest bid
tor the batsieship was S3.0I0.001. and
fo- the cruiser 3 go, 90.
The whisky Trust has secured q
Gomez OF whisky. and as z result
prices are going up The trust OWLS
I'll the whisky IN tie country and has
bought " tie output q nearly I'll
the disc;liezias seysrzl months n
ad7znos. TIE idea 5 thai Congress
/ eb1ut 70 Incrazse the whisky tax.
Tee WHISKY 1oz being msde vii not
Coon the make for about three yeaEs.
Ths annual consumption : 31000.0G0
gallons and the visible supply OF
hard : oily T8.0Bl.000 gallons, 20
that theFzre masters q the situation
Peter EzEt- the Union soldier Sh5
rz-7-.7 -s7a Arr1y-czu Hzr 70 -no ruzz1