The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1895-07-10

/ tate the construction and inaini enancl
Of telegraph cables In the Pacific" nov
pending ~ the SvnHu
Section 1.-The President, will
the consent Of the Cabinet, is here
by authorized and empowered tc
negotiate and conclude a contract
or contracts with any person OF
persons, corporation or corpora.
ions, government or governments,
for the construction, maintenance
and operation Of Geographic cable
Or cables connecting the several
Islands Of the Republic. or con
meeting the Republic of Hawaii
with the countries lying in or
bordering upon the Pacific Ocean.
Section 2.-There may be incor-
porated in any such contract or
contracts provisions to allow the
free use of any government lands
necessary for the construction,
maintenance or operation OF such
cable or cables:
To admit free of duty all mate
rial to be used exclusively in the
construction, maintenance or oper-
alton of any such cable or cables;
To allow the condemnation and
appropriation according to law of
such land, property or rights Of
way as may be necessary for the
maintenance or oper-
alton of such cable or cables and
the land connections thereof;
TO remit for a term of years
TO be stated, all taxes upon
the property located within the Re-
public belonging to or connected
with such cable or cables and neces.
sary or properly appurtenant to the
maintenance or oper-
alton of such cable or cables;
To remit all barbor and port dues
and charges upon any vessel or
vessels engaged in laying or main
any such cable or cables.
or which may be stationed in the
waters of the Republic Tor such
and,
To render to such enterprise or
enterprises such financial assistance
as may seem just and advantageous
to the interests of the Republic.
Section 3.-Such financial assist
ance may consist of:
% A fixed semi annual c,sh
payment or subsidy for a stated
period; or,
(2) A guarantee by the Repub-
lie of payment Of the principal or
interest or both, Of stated amount
Of the bonds of any person or COM
pany constructing or operating
such cable or cables; or,
Cd A subsidy by issuing to
the party or parties indicated in
such contract stated amount of
the bonds of the Republic bearing
interest at the rate and payable al
the time or times therein stated; or,
ca A subscription to the stock
of any corporation or corporations
formed for the purpose Of con-
structing and operating any such
cable or cables; or,
50 A guarantee of a certain
Of income per annum; or,
(6) The participation by this
with other govern
ments i'll the joint construction and
ownership of any such cable;
(7) A combination of any two
or more of the methods herein be-
fore mentioned, or other proper
method not herein enumerated.
Section 4. Such contract or con-
tracts shall also contain such pro-
as to the President and
Cabinet shall seem necessary or
proper for the protection of the
interests Of the Republic in and
concerning the use and mainte-
nance of such cable.
Section 5.-Any contract or con-
tracts concluded under or by
authority of this Act, involving the
payment Of any money, shall be
subject to the ratification and ap-
prevail of the Legislature.
Section 6.-The President is
hereby authorized and empowered
to employ an agent or agents to as
;ist either within the Republic or
in any foreign county in obtaining
full information concerning the
size, weight, composition and char
lcter Of the cable or cables required
or the purposes stated in this Act,
ind of the cable repair ship or ships
which may be necessary, and all
other information properly inciden-
al to the subject matter of this
Act; and in negotiating any such
or contracts.
Section For the purpose of
iefraying the expenses which may |
,e incurred by virtue of this Act,
he sum of ten thousand dollars is |
hereby appropriated out of any
moneys in the Treasury. otherwise |
appropriated, which, or 20 much |
hereof as may become necessary, |
hall be expended in such manner
IS may be directed by the Presi-
lent.
Section 8.-This Act shall take
fleet and become law from and
fter the date Of its approval.
Lei lima.