The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1897-02-05

ianUnited States submarine cable,
| within three years from obtaining the
| grant and contract herein mentioned;
| Provided, That the said company shall
obtain the passage of its bin now
| pending in Congress. giving it not less
| than one hundred and fifty thousand
dollars year for twenty years. for
| the establishment of a cable between
| the United States and the Hawaiian
| Islands.
The said Cable Company will de.
| posit with the Hawaiian Government
bonds of said Government TO the
amount of twenty-five thousand dol
lars, as security that the said cable
company will establish the said cable
between the United States and the
Hawaiian Islands, and also system
of, inter-island cable within three
years, such bonds to be forfeited in
case the cable company fails to carry
out its contract; upon the sole. condit-
ion that the said company shall within
such three obtain from the United
States Government a contract for the
establishment of a cable between the
United States and the Hawaiian ISL
ands.
The said company will also agree
upon obtaining the grant and contracts
herein mentioned, to establish a line
of submarine Geographic cable COM
munication from Hawaii to Japan
within three years after the establish
ment of its Hawaii United States ca
bic; provided the said company shall
obtain the necessary grants from that
country and intermediate islands.
Il think it is obviuos to all who have
given any attention to the subject,
that on one continental line to Hawaii
can possibly pay its running expenses
until connected with another CONT
mental line, so as to be able to com
pete for the commercial, diplomatic
and Geographic business of the world.
In that view it would be great
loss, both of money and efficiency to
engage one company for a cable line
from Hawaii to America, and another
for line from Hawaii TO Japan, MAX
ing it essential that one company or
the other shall be bought out on it's
own terms.
This Government has now given
an exclusive franchise from Hawaii to
America, which may lapse by May first
next, if its holder shall fail to secure a
cable contract, and may lapse earlier,
as its holder can release it at his OPP
ton.
Il beg to urge upon your attention
that it is improbable in the extreme
that either the United States Govern
ment or tn Japanese Government
would lay and operate a cable line as
a national affair; and on the other
hand, whatever may be said by inter
ested persons OF the contrary ! think
it ought to be obvious that the Ameri-
can and Japanese Governments will
not contract with two separate COM
panies, an American company on the
one side, and Japanese company (ac-
tually or nominally most likely the
latter on the other; but whatever
company secures the confidence and
assistance of the United States will
also be engaged by Japan.
IF then, the Pacific Cable Company
receives from Hawaii the privileges
and rights which it now requests. and
if the granting of the same is made
upon its securing the
requisite aid from the United States,
as far as the California line is con-
cerned, and of securing the requisite
aid from Japan, as far as the Japanese
line is concerned, it is impossible for
Hawaii to be the loser in the transac-
ion.
Board of Directors, General James A.
5crymser, president of the Central and
South American Telegraph Company,
md also president of the Mexican Tel
9graph Company, who has been act
vely engaged in submarine telegraphy
nearly, if not quite, thirty years, and
s the leading expert authority in the
United States upon submarine cables.
THE other directors of the Pacific
Gable Company are:
81. Pierpont Morgan, head of the
we'll known banking firm of J. p. Nor
gan & Co.
George S. Bowdoin, partner in the
irm of j. p Morgan & Co.
81. Kennedy Tod of the banking
firm of J. Kennedy Tod e. Co.
Edmund L. Baylies, of the eminent
aw firm of Carter & -Ledyard of New
York City.
81 am personally acquainted with
General Scrymser, who furnished me
with valuable advice and
for a cable measure which
advocated in Washington in the year
If 1891. He at that time informed me
hat Chief Justice Allen had discussed
With him twenty years before the sub
ect of an Hawaiian cable. and that
Re was very familiar with the plan
The men who are in the different
companies with General
'crymser propose to accomplish with
10 unnecessary delay the work of lay
ng complete system of Pacific Ocean
.ables, and to do this solely with