The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1894-03-19
Hawaiian Hardware Co.. Id
Saturday, March II, 1891.

favorable to the sugar planters
and consequently to every
resident Of the Hawaiian ISL
ands it is not Of a character
that should cause serious
alarm. After calm considera-
ton it is difficult to find where
in the sugar planter will be
worse off after the treaty is
discontinued than he has been
since the Mckinley Bill became
a law. When the duty was
taken off sugar in the United
States the price Of that article
dropped out of sight and our
planters received a blow BY
being placed on the same level
as those in other foreign coun-
tries; the putting on Of a duty
and the abrogation Of the treaty
with Hawaii does not alter their
position in any respect provid-
ed the price of sugar advances
to the extent of the duty.
1t is probable that the cost
Of producing sugar in Cuba
does not differ materially from
that Of this country, and there is
no way that it can be reduced.
1t is reasonable to believe that
If the price Of an article is re-
duced by abolishing a tariff,
the opposite must be the re.
suit if one is imposed.
For months the people here
have understood that the duty
would be imposed and the
bounty discontinued. Some
people considered the prob
abilities OF the discontinuance
Of the treaty, but a majority Of
them did not, they looked only
at the duty on" and contem-
plated the profits with the
treaty still in force. To those
people the news by the Ala
media had the most depressing
effect.
The question will be asked,
"lf it is in the power Of the
trust to advance the price OF
sugar, after the duty is impos-
ed, why has it not done so
since the passage Of the Nc
kinley bill?" There are several
answers to the question but
one, perhaps, will suffice. The
trust, while not posing as a
benevolent institution, may be
considered an American one,
and will naturally protect
American industries when its
purse is not touched. Ger
many comes next to the United
States in its sugar production,
and its planters are subsidized
as are those Of the United
States; the low price Of sugar
made it undesirable ior foreign
producers to compete. II one
Congress saw fit not to protect
its planters through the tariff,
the trust, which must be consid.
cred an Interested party, did so
by manipulating prices. Under
the Wilson bill with the Senate
changes the American planter
is protected to a certain en-
tent, but the bent fits he will
derive will not be- equal to
those under the Mckinley
bounty clause. If the trust
kept the price down to benefit
the American producer, the in
crease Of a cent a pound on
the foreign product will place
him in the same position as
under the Mckinley law. If
the present low price is main
tained the Louisiana planter
suffers, because he is out two
cents a pound bounty and he
gets no more for his product,
But the tariff laws of the
United States will have no el.
feet upon an article like the
Jones Fence. It's quality will
be maintained and every con.
sumer will be as well satisfied
as Mr.. Monsarrat, who says:
kArArAL4 RANcm
kAr, HAWAII.
Mr. l.. L. HENDRY, Manager Hawaiian
Hardware Co., Honolulu.
Dcar Sir
i have just completed some three miles
al. l.. L.