The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1897-02-06

is evident from Lord Salisbury's re-
marks that he deprecates any mil
lenial expectation respecting the
Anglo-American arbitration treaty,
but hopes it will gradually substi-
tute judicial decisions for war.
The Hon. William Mckinley, who
will be installed as chief magistrate
of the United States on the fourth of
March, has been elected to that office
by the high protection party of the
nation. Nevertheless the policy of
that party, when it was previously in
power, was identified with a scheme of
developing the foreign commerce of
the United States. \ scheme it was
really of free trade ION the SIDE" but
it was known by the name of reciproc-
ity. Notwithstanding the doctrines of
the books any such system, combining
tariff protection for home manufac-
lures with an unfettered foreign trade
in selected quarters, may easily be
held as being coherent and consistent.
The nation puts restrictive taxes upon
manufactured articles from abroad,
the production of which gives it's own
workmen good paying employment. 1t
grants at the same time free admission
to products of countries that give a
similar favor in return. These may
be natural products of which none, or
not enough for the nations own needs,
can be supplied by the home produc-
ers. Or they may be wholly or partly
manufactured products which are re-
guired for raw material in the nations
manufactures, but cannot be produced
at home profitably or in adequate
measure to fill the demand. Hawaiian
raw sugar, for an example, is a spec
linen of partly manufactured pro-
duct needed in great domestic indus
try of the United States.
Great things may confidently be ex-
pected to result to American industrial
and commercial activity from the re-
vival of such a system of protection
and reciprocity as that just described.
Whether or not the system-that has
been sneered at as dollhouse" one
is sound according to political econ
omy, it is none of our business here,
and now to discuss. There is not the
least doubt that it is a policy that will
greatly stimulate American home in
dustry and foreign commerce. 1t is
for the great nation to decide for it
self by experience whether or not the
system will cost more than it comes
too" What the effects may be on Ha-
waiian commercial relations with the
United States, of having other coun-
tries having products of the same kind
to sell as Hawaii given an equality
with this country in the American
market, is matter also outside of
the present discussion.
What may be regarded as certain is
that the United States is about to
crowd on all sail Tor pushing her man.
ufacturing industries ahead, and with
that make extraordinary efforts to eX-
tend the old and gain new markets for
the products of her fields and factor
les. Call it artificial stimulus or any
thing you like, eXertion is to be put
forth by the incoming administration
to make the next four years the most
marvellous, for material progress, of
any presidential term in the history of
the Union. This means that there is
going to be an unusual development of
American maritime commerce. And a
mighty proportion of that commerce is
to be in the Pacific. The new broom
will sweep with pronounced vigor and
effect in the direction Indicated by
the recent greatly aroused and awak-
ened ambition of the merchants of the
Pacific Coast. Their emulation is be-
ing excited to its depths by the world
startling maritime activity of Japan
arising to her new destiny like a giant
refreshed with slumber-that country
that is more rapidly than all rivals
may relish coming forward to realize
the title of the Great Britain of the
Pacific"
The foregoing propositions being ac
knowledged, what is the next consid
GRAFTON? PROFESSIONALLY chat the in
creased commerce of the American ma
ton must be guarded against any inn
position of injustice in peace, and
against destruction or molestation il
war. What is the new navy for, if moi
for such purposes more, even, than