The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1895-07-16
AFTERNOON SESSION.

Senator Warehouse moved to amend
Section so, cutting down the area of
land to be improved from fifteen to
five per cent.
He also favored a change in the price
OF each acre.
On motion the Act, from Section so
to the close, was referred back to the
Land Committee.
The Cable Bill was then taken up.
In answer to a question from Senator
Brown, Minister Hatch stated that
the old Cable Bill expired by Hmita-
ton. The bill was then read section
by section and, with the exception of
Section 8, which was referred to the
Finance Committee, passed. 1t reads
as follows:
Section 3. Such financial assistance
may consist of:
a fixed semi-annual cash payment
or subsidy for a stated period; or,
a guarantee by the Republic of
payment of the principal or interest,
or both, of a stated amount of the
bonds of any person or company con-
structiDg or operating such cable, or
cables; or,
A subsidy by issuing to the party,
or parties, indicated in such contract,
q stated amount of the bonds of the
Republic, bearing interest at the rate,
and payable the time, or times there
in stated; or,
A subscription to the stock of any
corporation, or corporations, formed
for the purpose of constructing and
operating any such cable, or cables;
or,
A guarantee of q certain amount of
income per annum; or,
The participation by this Govern
ment with other governments in the
joint construction and ownership of
any such cable; or,
A combination Of any two or more
of the methods hereinbefore mem
toned, or other proper method not
herein enumerated.
Senator Brown objected to the Sec
ond provision of the section. He was
heartily in favor of any measure that
wonld give us a cable but did not con-
sideri it fair, considering the
position the country was in at the
present time We were knocking at
the door Of the United States for adj
mission to the Union, and on that &C
count it was not wise to incur addi
tional liabilities; Uncle Sam might
say we were crowding in debts.
The Senator said that the cable
would be q great thing for Honolulu,
and declared it would make this port
u
GLIDING, the speaker said that addi-
tional debts might hurt the annexa-
ton cause.
Minister Hatch replied by stating
that it was impossible to make any
Roadway unless someone Is given au-
thority TO 60 ahead in the matter. The
only practical way to gain progress
was to grant the Executive power to
enter into contract with individuals
in hn hnli
were that Americans or an American
corporation would be dealt with. The
Executive or somebody should have
power to make q preliminary con-
tract, at least. The country was am
ply protected by Section 5 which says
that any contracts involving money
must be ratified by the Legislature.
The Minister closed by stating that
practically the act only gives the Ex-
ecutive power to make preliminary
contr act.
10 answer to President Wilder, Mr..
Hatch said that at present no definite
proposal Is before the Government re-
latiDg to a cable; the British PROPOSE
ton Is still pending.
Senator Baldwin said it was q dam
gerous move TO guarantee principal
anu interest, and the Senate should
hesitate before a precedent is estab-
lizhed.
Act II, relating TO cauaigre and
other fibrous plants, was amended;
all taxes were RENTED for five years
instead of ten, as in the bill.
The bill was read a second time and
referred to the Judiciary Committee
to correct the title.
At o'clock the Senate adjourned
until 10 o'clock this morning.