The San Francisco call., 1899-09-19
INACTIVITY OF
SUGAR STOCK
Market Dragged by Ha-
Waiian Securities.
ALL BONDS AT A PREMIUM
SMALL HOLDERS OVERLOADED
AND WILL SUFFER.
Honolulu Agitated Over the Question
OF Sending Representative to
Attend Next Session of
Congress.
BY HORACE WRIGHT.

HONOLULU. Sept u-"Sugar shares
are Il dras and all bonds at premium, -
sand i prominent Iinanuer to me ms
morning. This Is the only news from
Honolulu tha- business men -on the coast
want TO Know, and these facts are SrlId.
The rich men are all right, but me poor
ana small holders are overloaded with
shares, ana the game of 'freeze-out by
foreign capitalists Viii soon De opened up.
There are excellent prospects for the one
who can hold on-none better-for ali
properties are intrlnsicalIy valuable, but
as in everything else it is money anu
plenty OF 1T that talks. Honoiulu ana
Hawaii are all right, but the booming
business must give place 10 business pfln-
ClpIeS.
AS 40 one is more conservative than the
HaWallan-born missionary descendant or
New England stock, VINO IS referred TO-
his opinions may DC regarded as SounC-
NO one can watch the building trade in
Hawaii MIthOuI seeing that foundations
are soud, Ior by this tlme next year most
OF the Oldest 1lrmS VIII De in new quarters
when would De credit even 10 S1Stli
Francisco. On almost every street plo-
neer buildings are giving place 10 very
substantial and handsome structures or
be6utItul blue DdSaltlc stone, Quarrled on
the island and unlimited in quantity. A :.
though there Is also a very hne quality of
bath stone, almost Identical with that
from Somersetshire, but little of that for
brick will be manufactured. for brick clay
has been discovered in large quantities.
but no one feels inclined TO be the hrst to
venture on the manufacture for fear of
competitors flching the profits of expert
ment and experience.
This morning ! had conversation with
President Dole and eX-Attorney General
w. O. Smith in reference to the Hawaiian
Government being represented in Wash
lngton during the next session of Con-
gress. The matter has been under dis
in "a 1nH -
up rather bitter partisan feelings between
the conservatives and the radicals, and l
felt that the Governments views should
be presented.
Mr.. Dole stated that a commissioner
would certainly be appointed. to leave in
November, to represent Hawaii not in
spirit of debating or lobbying for certain
views or interests but TO be on hand to
supply information when needed for COM
mittees or individual Legislators. Unless
such informa ton was on hand grave in
justice and much future embarrassment
and difficulty might be caused by pre- "a
dicial legislation, however honest in in
tent. To entirely and radically change
existing conditions would be impractical
BILE: They would have to be very care
fully considered.
So far as the labor problem was con-
Cerned that might be deemed practically
settled by the abolition of the penal CON
tract system. which was irretrievably
doomed. The only problem remaining to
be solved is how and whence to obtain
the labor most adaptable to the needs Of
the country and most beneficial to its
future. This seemed very likely to be
favorably solved by the efforts to be made
in Portugal and Italy, either by a simple
contract or free labor, but that was more
Government. The Government had un-
reservedly selected w o. Smith as its
representative to Washington as. being
Hawaiian born, a lawyer and ex-member
of the Cabinet, he is thoroughly informed
of the needs and existing conditions and
laws of the country; Mr.. Smith had very
tod
his being unable to go the Cabinet had
another gentleman in view, but his name
could not, until Mr.. Smiths final decision
had been received, be disclosed.
Mr.. Smith said that he did not wish to
go to Washington partly on account of
business relations. but more especially for
eventually prevent him from accepting
the position The matter was still under
consideration by him.
The Planters Association will also. it
is understood. send a representative, but
Mr.. Kinney is undecided whether his
services can be made available owing to
other business engagements.
There is another very interesting fight
in connection with the labor problem
coming up before the courts. The attor-
ney for the Hio settlers has taken up the
case of certain Japanese at Pepeekeo
plantation, who were arrested for breach
of their penal contracts and subsequently
released a suit for 800 900 for false i'm
prisonment is to be brought. AS a rule
such cases have failed in this country but
this case will be fought to the bitter end
as test case against the plantations and
on principle. Should a satisfactory prece-
dent be established such suits will become
innumerable and costly and the country
will have more unrest.
AS an interesting sequel to the release
of the Galicians. most of whom have OBJ
tanned employment, the Sunday Volcano
has suspended. or as its editor says, ''it
has been suppressed" Yesterday a
"dodger" was issued in lieu of the paper
in which Mr.. Marshall says:
After printing six pages our publishers
declined to proceed further with this issue
and we We're compelled to adopt this
method of keeping faith with our readers
The Volcano, greater and more aggressive
than ever will. like the phenix arise
from her ashes and soar into the literary
and emancipatng skies Of freedom. The
paper, the Sunday Volcano, asks no quar-
ter in this warfare, neither will 1t give
any. Look out for its appearance, which
will come like the angels to the shepherds
on the plains of Bethlehem, proclaiming
new dispensation to the liberty loving
world"