The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1899-10-04
TOWSE AT WORK
Writes for Omaha Trade
Exhibit.
How the Professional Promo ers
Organ'za PIantations-H awsiia-
Cane Crops and Shipping


tiers. B. r. Dillingham; and l.. \.
Thurston have stood as sponsors for
several OF the largest new enterprises.
with behind their name and credit the
prestige of some old agency like Castle
& Cooke, Brewer a Co. Hackfeld &
Co. Theo. II. Davies & Co. The usual |
course has been TO secure a large tract |
of land, first learning that the soil was
satisfactory and that there was GER
tainty orsupply OF water for irrigation. |
Then prospectus is issued. This sets |
forth in closest detail all the particu- |
lars of the new undertaking. Figures |
are presented covering a series OF
years and a variety OF probable cir
cumstances or possible happenings. II
is announced that on a certain date
subscription books for the assessable
stock OF the corporation will be opened.
The payments are . per cent n month.
\ portion of the paid up stock goes TO
the promoter as his fee and other frac-
lions of the paid up. about half the
stock being assessable, are carried by
leaders in the company. In most cases
land owners accept shares in lieu of
cash. The builders OF the mills al
ways take considerable stock. The
agency is a heavy holder. The artesian
well borers are pleased to- be stock
holders The principal employees put
| all their ready money into shares.
Since the beginning CT this year more
than 100000 900 of stock has been
placed on the Honolulu market. Ii has
all been literally snapped up and in
every instance has gone to premium at
once. Lists have been over subscribed
from three to thirty times.
The only man who gets n salary rs
a corporation officer is the auditor and
his allowance is small. On the plan
tations managers receive from $4,000
To $4,000 year. and men who know
sugar are always in demand. The
chemists. sugar boilers. engineers. irri-
| CATION experts and a few others are
| we'll paid. The coolies receive from
$40 to $50 month gold and have free
| fuel, water, houses and medical attend
| ance. Half of them are under a con-
| tract that has a penal clause. There
| will be no trouble about having an
| ample supply OF free labor, as the
| sources are numerous. the channels
| open and the immigration companies
| eager 10 do business.
| Hawaii leads all countries of the
| earth in the production of cane sugar
| TO the acre in cultivation. Blu. u was
/ only in 1898 that some of the Oriental
| countries were passed. The planters
| of the Islands are the worlds most no
| table scientific farmers. In charge of
| their experiment station is DIR. Walter
| Maxwell. an Englishman formerly con
nected with the Department OF Agricul-
| ture at Washington. With his corps
he analyses soils, cane, sugar, fertili-
zers. water, and at the station has in
| conduct day in and day out hundreds
| of trials His results are conveyed to
the planters in printed bulletins. If
/ DR.. Maxwell is the scholarly and gift
i ed genius. Professor Koebele is the
brilliant wizard. He is the entomolo-
gist for the planters, borrowed from
the California State Board of Agricul-
ture. Professor koebele, who did for
the San Jose scale, wipes out any
, scale, insect or blight that may threat
en- cane or any tree or plant OF the ISL
ands DR.. Maxwell and Professor Koe-
belle are perhaps the best-paid men in
their respective callings.
4 crop of cane in Hawaii natures In
IS months The area of a plantation
is from 5000 to $4,000 acres. AS re-
, Gently as 1884 it was calculated thai
the Islands would never produce more
that 10000 tons of sugar in n year
In the campaign of 1S9S-9-just clos
ing-there will be taken off not less
than 250.000 tons at $50 ton. Th'
3 consumption of sugar is increasing
!, The market and the conditions cal
3 now be estimated pretty clearly tel
: years ahead and the prospects are mos
3 encouraging. At present the onl!
3 lands used are those abutting the coas
3 line. The vast plains and forests bacl
s are still virgin, but are being ap
8 preached and reached after. The hes
s way to acquire interest in this enor
s mously profitable business is to go o.
s the Honolulu or San Francisco stoc
s exchanges and buy shares in corpora
s tions that are paying dividends
s from % TO 50 per cent. All the ne'
s plantations promise as well. ines
g great profits do not accrue by acciden
6 are not gifts of God to the good. Q
g ANYTHING of that sort. The manage
6 of the big plantation thinks nothing
6 buving $4,000 worth of fertilizer in
. single order, and the fertilizer Is a
. made in Honolulu by two companl'
. owned by plantation people. Some nav
= bonemeal and phosphates brought lroI
3 the States, but most OF the raw mat
9 rial comes from a guano island OF Il
9 group and from German chemic
g houses.
9 Shipping in and out of the sever
. ports of the Islands. chiefly Honolulu
3 is of course n huge item. In this bus
3 ness the capital is nearly all Hawaiii
3 and American. The inter-lsland Zee
3 of steamers and schooners are consi
g cradle. and deep-sea sailing vessels al
g steamers arrive and depart daily. Il
g shipping business was greatly sum
9 lated and increased by the war. Th'
g Hawaii has neither lumber nor CO
g and is without mineral. There