The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1899-07-19

said there was no boom here i'm the
sense that 1t is used on the mainland.
what enterprises have been opened up
are legitimate enterprises with an as
surance of dividends, as soon as the
necessary preliminary work is done.
Sugar planting on these Islands has
been reduced, practically, to a science.
| our farming Is not experimental farm
ing. 1t is thoroughly scientific farming
Our planters don't go into the markets
and order haphazard this kind of fer
| tilzer and then when that does not
succeed. some other kind. which may or
may not be adapted. The fertilizng of
our lands has been made a study
Through DR.. Maxwell's department,
| just what each class of soil may re-
quire is known and the proper ingredi-
ent is applied. Hence the ground bears
abundantly.
| SO with the water supply. Depend
ence is no longer placed upon the un-
certain supply which the rain will give
and a few little tea kettles of cisterns
We have regular pumping plants, OF
great value, and every throb of the
mighty engines draws gallons upon gal
! Ions Of water from natures hitherto
untapped reservoirs in the bowels OF
the earth, and sends the ife-giving fluid
over the thirsty land.
1t is needless to talk of our sugar
machinery. There is no sugar country
upon the face of the globe which equals
this in it's sugar machinery. 1t is es-
sentally up-to-date, and trained minds
are ever giving their attention to bet
tering it in its details. We use no
make shifts, we employ the very best
that can be manufactured, and having
obtained it, we have skilled hands to
get the best results from it,
All this is incontrovertible. 1t only
requires a man of experience to come
among us and satisfy himself upon the
point. No one comes here and under
Istandingly looks around, but is Impress
ed with the energy that has been dis
played The results of all this are pa
tent. We have good lands and great
natural and climatic advantages, and
we have made the best of them, show
ing that energy which is the attribute
of our race, and which is neither daunt-
ed by Arctic frost nor tropic heat
When we formerly got three tons to the
acre, we now get ten tons. Lands which
were lying waste, are now green with
tasseling cane, and our prospects are
brilliant.
These are the facts. What we need
is to get these facts before people who
will appreciate them. There are for
tunes to be made if people with capital
could only be made to understand the
position. Our little furry in stocks is
; nothing. The downward tendency or
depression is easily explainable Our
small local capitalists have undertaken
more than they can manage, and they
have been obliged to sell in order to
meet assessments. The people who
would buy are themselves using every
dollar of their capital, and the small
men have to let go at a sacrifice
The depression in the price of stocks
has nothing to do with the intrinsic
; values of the ventures. There can be
no more legitimate or certain an enter
prise than Kihei, for example, and yet
paid up $50 stock in that concern has
sold as low as $43. Paid up stock in
McBryde is at 1872 asked, and that will
be a dividend paying concern in a com
= paratively short time. If a man only
: possessed large capital there is a mag
1 nticent fortune lying here for the TAX
ing, inside of a couple of years or so.
: What we want is some method of
= TO -
center as New York or in London In
former times this might have been done
through active consuls. This can't be
done now, because we are part of the
United States. But it would be quite
possible for our wealthy people, inter-
ested in the development of the Islands
to have bureau of information in New
, York, some place where men of capt.
! tai could go to get accurate informa-
; ton. Much more might be done in the
way of disseminating literature than at
present. We have tourist literature
and Government guide book, marred
, by specimens of hula girls. But this is
not the kind of literature required. The
, big investor has something else to think
of than charming views and semi-nude
wenches. They want financial facts.
When any one talks of Eva planta-
ton for instance, they don't want only
to know that the capital stock is so
much. They want to know that the fee
simple owned by the plantation is so
much, that the leases are for so much
land, that they are worth so much. That
the pumping plant is capable of irrigat-
4 ing so many acres. That it's value is SC
= many dollars That the expenses of
, working amount to so much That sc
many tons are obtained per acre, and
r so forth. That is the kind of informa-
f ton that should be ready at hand. There
is nothing confidential about it. The
more people that know upon what a
sound basis our enterprises are being
conducted, the better chance will there
= be of capital seeking US, instead of, as
now AIIl cha sing rnllnl % ennlr 70