The Hawaiian gazette., 1896-02-28
WEDNESDAY, Feb. 26.

Senator hau0ane was present LOT the
first time, making the Senatorial list
complete.
Senator McCandless introduced a
long petition for DIR. Rodgers, in
which he forever prays for a portion
of his salary claimed as secretary of
the Labor Commission. The petition,
with the several exhibits, were re-
ferred to the Committee on Finance.
Senator Warehouse, from the Com
mittee on Finance, reported an amend
ment 10 the "Act to further provide
for the payment of current accounts"
The passage of the bill was recon :
mended with slight amendment. The
report of the committee was deferred
to be considered with the bill.
Minister Damon gave notice of an
"Act appropriating moneys for the
expenses of the Legislature of 1896.
Senator Lyman sent his bill for the
construction of streets in Hilo to the
secretary to be read. The bill went to
the Printing Committee.
The bill on Homestead leases came
up for second reading under the order
of the day. The Committee on Pub
lie Linds recommended the passage
of the bill. On motion of Mr.. Bald
win it was considered section by
section.
Under the first section Minister
Smith noted the provision made for
the appraisement of value under the
bright of purchase lease" 1t was
manifest that this plan ought to APP
ply to homestead leases. The amend
ment to the law was made to bring
the homestead leases under similar
conditions nf rental. He explained
the difference between the 999 year,
or homestead lease, and the right of
purchase lease. The object of the
amendment to the bill was for those
who take advantage of the homestead
leases to pay per cent. rental.
President Wilder and Senator Bald
win understood that at the special ses
sion the idea was for those taking up
homestead leases not to pay rental.
Senator Wal erhouse wanted to know
what would be the effect on tho-e
who had already taken up leases. The
Attorney General replied that no land
had been taken up under the home
stead lease. The section was passed
as read.
Section 2, providing for striking out
the first fifteen words of Section 80,
was passed without discussion.
After considerable discussion on
Section 8, Minister Cooper suggested
that Section of the bill should give
the amended section in full. He had
found while on the bench that the ref
ence to amendments without giving
the amended section in full had caused
not little confusion. On reconsider
ton of the section Minister Cooper's
motion was carried.
Section 8 was passed with a slight
amendment. The Act as whole
then passed the second reading and
was referred to the printing commit
tee for an official cop.
The Act regulating the beginning
and ending of the biennial period
passed the final reading by unani-
nous vote
The Senate bill on Current Accounts
with report of the committee was
taken up. The report of the commit
tee was read az follows:
Your Committee of Finance to
which was referred bill No. ., IAN
Act TO Further provide for the Pay
ment of Current Accounts" after
careful consideration, would recon-
mend the passage of the bill with the
following amendments: In the fifth
hue after the word "money" We would
recommend the insertion of the words
"not TO exceed Sl50,000 at any one
time" so that LIST section will read,
1.-The Minister of Finance, with the
approval of the Executive Council, is
authorized to open bauk account or
bank accounts in the name OF the
Government of the Republic of Ha
wall with any bank or banks or tinan-
cial institution carrying on business
in Honolulu, and from time to time
to receive on loan by way of over
draft on such account or accounts such
sums of money not to exceed SloO,OOO
at any one time, as the said Minister
and the said Council may seem neces-
sary to meet the current expenses OF
the said Government.
The bill was taken up section by
section On query by Senator Hook
ing Minister Damon said IL was the
intention to make the law so that the
total loan by the Minister Of Finance
should noe exceed Sl50,000. The sec
ton AS amended by the committee
was Passed.
Section requiring that the
money borrowed shall be payable on
demand with interest not exceeding
six per cent. per annum in United
States gold" stirred considera ole dis
cussion. President Wilder asked why
silver might not be borrowed and gold
demanded by the money lender Min
lister Damon said the section might be
amended so as to provide that the
money should be repayabie IN the
same coin.
Minister Damon also remarked thae
in the Finance Department IL was
necessary to tell the whole story.
There could be nothing hidden under
the cloak of diplomacy. A year ago
there was surplus but circumstances
over which the country bad no control
had depleted that surplus. ms