The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1896-06-05
Report of Committee Finishes
the Work.
SENATORS ACCEPTS SUGGESTIONS.
Some Reductions I'm Appropriations for
Roads - Consolidating the Public
Debt - Terms of the New Loan.
Capitalists to Have Equal Rights.
Ninety-secOnd Day.
THURSDAY, June 4.

Senator Baldwin presented the report
of the Conference Committee on the
current receipts appropriation bill. The
| bill as accepted shows another victory
for the House, almost all the amend
ments by the lower body being accept
ed The items recommended were as
follows: Salary of professor of chemis-
try for January and February, $166;
landings and buoys, Hawaii, $3, 600; new
road, Hokuanui gulch, So, 900; road from
Pahoa to head of Rycrofts road, $10,-
600; judgment in favor of Mrs. Victoria
Ward, SIC, O,605. 80; expenses electric rail-
way commission, $405.50; roads and
bridges, Koloa, $500; subsidy of stea-
mer between Hilo and Pohoiki, Island
of Hawaii, one trip a month, $1,000;
telephone connection between Pohoiki
court house. Puma, and Hilo, on con-
dition that a like amount be expended
by residents of the district, 81 200. The
KohalaH Huehue telephone appropria-
tion was killed. On motion the report
of the committee was accepted which
passes that appropriation bill.
Minister Cooper introduced bill ap-
propriating $1,19O.O5 for the Board of
Education, which was read the first
time and referred to the Printing Com
mittee.
House bills Nos Sc and 81 were re-
ceived.
House bill No. So, relating to the re-
CCrding of instruments in which inter
lineations or erasures have occurred,
passed the third, reading. House bill
No. So, providing for recording judg-
ment or DEGREES concerning land, also
passed the final reading
Senate bill No. Is was taken up sec
tion by section on second reading.
This is the bill authorizing the consol-
idatiOn of the public debt. Section I,
placing the aggregate amount of the
bonds at SO 300, ,000 passed. Section 2,
providing for 4 per cent interest and
twenty-five to fifty-year term, passed.
Section 4 was referred back to the
committee. Section 5, providing for
registering the bonds, passed Section
s, cOnfning the proceeds of the bonds
10 the redemption of existing outstand-
ng bonds, passed. Section Z, authoriz-
ing the Minister of Finance to effect
he conversion of any or all of the ex-
sting outstanding bonds. Sections 8
md 9, allowing the Minister to make
for the sale of the
bonds and granting, proper discounts,
passed.
Section 10, providing for the payment
Of a commission to parties selling
5250, 900 or more bonds Section II.
providing that all bonds issued under
he Act may be redeemed at any time
lfter twenty-five years, passed Fur
her consideration of the bill was de-
erred until the committee reported on
section f.
Senate bill No. 10, to define and limit
he powers Of the Minister Of Finance
n connection with granting discounts,
&c. The discount is placed at per
,Cnt and the commission at 2 per cent
All holders of bonds residing in the
Republic of Hawaii are to be allowed
he same discounts given regular syn
icates, on condition they present their
ponds for exchange within ninety days
If the time the Minister gives notice
10 is ready to make said exchange. The
'ill passed the second reading
House bill No. sc, relating to public
PARKS, squares and pleasure grounds
n the district of Honolulu, passed the
inal reading and on second reading by
tile was referred to the Committee on
oublic Lands
House bill No. 81, to amend the Act
o limit the time within which claims
If creditors against estates of de-