The Independent. [volume] (Honolulu, H.I.) 1895-1895, 1895-05-23


The charge that silver is some-
times borrowed from the deposits
is doubtless false. But accounts
are probably paid by bonds, there
being large numbers of these
aAoat of small denomination. The
inquiry naturally arises, IL the
government is in good credit, and
can readily dispose Of its bonds
vt par, why Dies it not do so, and
fill its treasury The mystery Of
Hawaiian government bonds is
yet an enigma; these appear and
disappear in the official papers in
manner unexplainable by the
resent writer. About one mil
lion of the bonded debt was
plactd ten years ago in London,
nd as Great Britain is probably
n creditor to somewhat larger
amount this day, it was thought
that this brief rev ew of Hawai-
ian finances might aid the specu-
lat vs in pred citing the attit de OF
hat power in casa of further
oompl cations at Honolulu.
The sum of fifty thousand
dollars was recently raised by a
transaction which might excite
critic SIN in view Of the missionary
intecedents of the men VIII, did
it, and their severity on the
British system of opium license,
when the latter was proposed by
the queen. All the opum con
tiscated was offered for sale, and
| Chinese merchants Of III nolulu
invited TO bid. Az no bid OF SUI
fioIent amount was received, il
was exported by the government
and sold at British Columbia.
realizing the above sum. High r
'ducatIon in the islands has
hitherto been in denominatlonal
,ands, Catholic, Protestant and
anglican; some twenty thousand
dollars fer the coming biennial
'eriod may be saved'by the clause
IN the constitution which forbids
4noh aid in future.
One of the schemes on foot e.
pledge the government to annexa.
ton and also to plumber the
American people is this:-there
is a railroad now built 10 Pearl
Harbor; it is the only Que in
Hawaii, is of about fifteen miles
n length with possible additions
of few miles from time to time
~ IL ls to be extended e,usuu the
lNluuu VI O'hu p'Sh u tu0 pO nt
of departure; the latest move il
70 get the Hawaiian governmen,
to guarantee two million OF its
bonds, on the representation that
, this nation will never have to pay
e them, that by union with u.s., these
8 obligations will go into the ma
r tional debt of the United States
2 nd thus this advantage will b.
u gained at the expense of TIA,
o American people.
AS all the admirers of tho idea
i American commonwealth hav
j spoken in praise of the tow
81 meeting system, it might hav'
Is been well for the fathers of tn
a Hawaiian Republic to have mad
~ some provision for local govern
y ment Of the people by the people
k This would have been, however
IS to put matters out of the nitro
It 4 the two per cent # the popula
n ton known as Americans, there
o FIRE not the least roximatiol
IS to sch privilege copten pin to-
n in the institution or by statut
IS law Any town in the group o
Il islands where a sidewalk req ire
is nendlng can only get this don
g by the personal order of tn
Is minister I the interior; this i
IT but one example of the M ,nue
l. in which local as well as foreign
= matters are held in the iron gas,
it of the pettiest minority which
Q ever ruled nation. 1t may b,
W asked why, now that the queel
G has abdioated, is notthis change,
b by an appeal to the suffrages
IS Simply because these men guard
# ed against suoh possibility
}, There oan be no more voter,
# registered FIR three years from
0 the date of the registry Of thu