The Hawaiian gazette., 1896-02-25
FEIDAY Feb u.

4
The SspAte opened 81 the uSuSl
hour. with Senators Baldwin and
KSuhSus Sc<s-r.
After the reading ot the minutes the
Secretary rsAd : communication from
tbs House >tsring thst A. g. NJ.
Robsrt>Jr hAd been sppoiu-st on the
join, committee 70 wAir upou the
President The standing committees
Of the House were Slso announced.
Senator Brown reported from the
COMMITTEES on Rules, giving notice OF
5 Recommendation Of changes effscting
the sugrOesing sud printing o. bills.
Ss-Sror Brown reported from the
Special JOINT Committee inst the
President haf been notified o. chs
assembling o. the Legislature.
\ resolution placing the hour Of
meeting 81 ~ a. n. SS> passed
Cntsr suspension Ot the rules Min
i>,sr Dsmou presented tao spproprlS-
tiOu bil-s-Oue for salaries Sud pay-
rolls, TIE other for current accounts
In Introducing the bills Miui-ter
Damon spoke - follows.
''Il presenting these bills I would
say inst tie purIic Ass taken - large
81 interest in the financial outlook Of
the cruutry for the past two years,
think 5 new slztus mzy possibly De
m&6s IN which the Minister OF Fl
nance should come before the fund
di<poslng portion OF the LegisISture
and make statement OF what Ms
prospects Sre for the coming TWO
year, somewhat more general, per
hSUS. thSr could d INSIDE II rhe report
Enich hiss been made 70 the President
The 1rSt bill which I hSve present
e,i 70 yO1 todzy : = oil covering saIS-
FIzs sud pAy-rOlls. Ehicn hSs
been prspsred and translated IN
prOLsr tOi II T ere = : bill thSr hiss
sIreaGy lSs>si the Executive cover
m current expenditure. ~hieh l. in
The hands of the translator. I VS.
disappointed rhSt IL Ass not resdy TO
present 70 you today.
Following these TWO bills there Is :
oil providing further loans FOR
The coming TWO yeSrs You Sre
sIl well aware thSl our sur
plus which We had zr the BE-
ginning OF the ls>t year wss very
heavily drawn upon by reSsou OF the
l. Surre,sEiOu sud the coolers epidemic. .
thus making our expenses lSst year
very large We have expended some .
thing like Two millions OF dollars, Snd
il hSs been very hesvy drain upon .
the country Snd its resources
Avoid Delay In Paying Bills
This bill thSr present for your
consideration this morning in conuee
tiOu with the appropriation bills Is TO
SIhE the Minister % Finsnee 20 .
make arrangements with or deSI with
the hanks or the capitalists during
the mouth, or 81 the end OF the
month. or 81 such times s. the treas
Ury Snd lis resources, for various res
sons, shall have been somewhat re-
dueed. - that h nay take the drafts or
the Orie-< ~ The Ministers Of the diff
fzrent Gep2rJmeuts sud pIzee them
with : bank or banks. sud receive
Sdyznees on them until such time -
the treasury i il $ position TO take
only week or perhaps Only $ day or
two, the bank or banks oeiug zllOzei .
the usual interest ST 8 Per cent This .
gives the Executive and the Minister
u FInzDce : broader opportunity TO
meet the demands upon the treasury
without any Unnecessary delay.
hOpe that the treasury 81 some dsy
not fzr distant Eill have such :
p -
Necessary 10 eSll for this means OF
securing loans, but this i privilege
which every civilized nation has
t&ken Sdvsntsge OF, and the interest
thSt our oEu citizens Sre taking in
our welfare I think will be means Of
sustaining and sl-J Of increasing our
credit
What the Acts Call For.
eThe proposed Act covering salaries
Snd pzy-rolls calls for two years end
ing December 81, IsS7, sI,eSs, ,734-
which together With the Act apprO-
priStiug s, ,653 81 S for the general
expenses Of the Republic, shows 5
totsI estimated expenditure Of g, 5,5S.-
GIL s. su iuersSse Of appropriations
over the previous biennial period OF
81. .se4 3.
Taxing - guide the receipts Of
the current revenue for the past two
years, s, IS, CSC 4. ii shOEs that
SlS4, SIS Ie ought 10 be provided.
though sppTeleud $4,000 would Be
> safer provision, for Uulo0ked-for
oGtlsys Eiu, from past experience,
arise.
TO meet this 81 Increase Of
revenue l. anticipated from
the customs o. .----.--- ------s $500
From the taxes increased oy
3 change of date Of Assess
melL -------- lu-ltD
FrOu the working Of the new
License Act -. ---.------.--- 1900
From revenue Of G0yernmenE
iznG= = FortiOB Of which
were fOrDerly under the
erovn-. - .-..----.----- s0,00O
A more careful Interpretation
Of the Stamp Act would
chow 81 increase o. 1900
re4liLsrions------- 1900
Water rztes and postal service 1900
Legacy tzx--------- ---------- 1900