The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1896-11-13

Safe Deposit Company. and there was
no risk. III wager anything he's been
laughing about that deposit ever
since want a cable as much as
anyone in the country, and guess this
house will use it as much. | am so
anxious for it. in fact. that / don't
want an option given to anyone. ON
the contrary, when the Government is
ready to assist by subsidy, let them
notify the different Governments and
give every one chance. and accent the
ONE that will do the mpst toward
building the line promptly. | am on
posed to giving any one man a fran
chise which he can put in his vest pock-
ct and then travel from one end of
Europe to the other trying to peddIe
1t. It's of no consequence to me who
| builds the line or the nationality of
it; | will enjoy receiving a message
over wire laid by United States com
panies quite as we'll as if il was built
by English or French capital or vice
versa
Neither Mr.. Isenberg nor Mr.. Hack
| field were in their Office when the re-
| porter called, but ii was learned that
both gentlemen oppose continuance
now as strenuously as they opposed
granting the franchise i'm the first place.
Tom May, who does an extensive
business in groceries, buying largely
alike in England and America, said in
response to request for his views.
Il am not very prominent here, and
haven't really given the matter much
thought. 1 would say, however. that
l think Col. Spalding received an ex-
traordinary concession, and he has had
a pretty good show. If he finds at the
end OF his time he cannot get the
backing he anticipated, it would be q
good thing to take the forfeit and give
someone else a chance. They might
negotiate with-who was that old chan
who came here from the Colonies? Sir
Audley Coote? Yes, that's the man:
let's see what he will do with il. Our
ASA0NACio WIN IiiC OnlIGu oIdIpS are
such that l believe in giving com
pany over there the first chance. then
ii they don't want to take it, let some
one else have a try. We want the
cable, and without delay. but I've no
idea that long option will bring it to
us very quickly"
Charles NJ. Cooke, leading capt.
talist, and member of the firm of Lew
ers & Cooke, was the only person ques-
toned who favored more time being
given.
Il believe in giving Col Spalding an
other chance" he said, because L
think the experience he has had will
help him when the matter comes up
again. Why do l want him to have
more time? Because he is an Ameri-
can, and | am, in favor Of the line be-
ing built and operated by American
capital Col. Spalding worked hard to
get bill through Congress, and failed
because another company came in.
They knew the Colonel had the inside
track in Hawaii, and made him a prom
osition to join them, but he declined
t. This was when negotiations were
first opened in Washington Later.
when Col. Spalding saw how things
were going, that the New Jersey com
)any had the best of it in Congress, he
made a proposition to them, reconsid-
ering his refusal to combine with them
md asked TO join. AS everything
pointed with favor to their getting a
subsidy from the United States, and as
hey believed Col Spalding could not.
Will help him next time If he fails to
pull it through it will be a loss of a
cash outlay of perhaps $4,000, for he
las spent that much in trying to get
he bill through. He has been TO Eu-
rope a number of times, and has re-
aimed a firm of New York lawyers
who don't work for nothing. / think
an extension of the option, say, for
year would be about long enough, and
hen if work has not begun let him
orfeit $4,000, or even twice that
mount, but / would prefer the former.
would say the same regarding the
Dan which Mr.. Jones has tried TO ne
yotiate. He may come back here and
say he has failed to raise the money,
- 4"