The Independent. [volume] (Honolulu, H.I.) 1895-1905, 1900-11-30
Continued from 1st page J

treasury for the uses for which tt Q
loan was originally designed.
With nominal salary o, $4,000 |
year this man bought gunboats in
his own name, kept up innumerahle
establishments in various parts Of
the Island, brbed and coerced bis
Cabinet aud Congress to suit his
caprice, making expensive presents
to friends and paying stupendous
bounties for the removal" OF enc
mics, more than oncs making
show OF abdication that he might
better discover the ambitious ones
10 order to effect their exile. O.;
plebiau birth add little education,
Heureau1 displayed all the acute
ness OF the usurper, the iudomitable
will aud ever unappesSed ambition
OF the feudal lord OF the dark ages,
and love of display, combined
with marvellous physical courage.
In gold braid uniform, the chief
executive stalked through the isl.
and, tossing gold pieces to the beg.
gars, who regarded him with awe,
propitiating with cham reforms. the
toiling natives, whom be was boud
ing a.rociously. Hs income was
not Que half the requirement for HE
needs. He lived at the rate Of $1,000
a day. The President resorted to
tin dollars, costing about seventeen
cents each, containing about nine
cents' worth Of silver, and floating
them through planters who employ
ed large bodies OF men, the planters
paying about thirty cents each for
them, aud paying labor therewitb
at the rate Of City cents on tho dol.
lar.
After something more than two
millions OF thssA dollars 10 circuls
ton and steadily depreciating, Heu-
reaux, with the consent of hie loan
agents in New York, issued four
million dollars worth OF paper mo-
ney in the nsms OF the Nationa
Bauk, OF which Heureaux himself
owned third and the loan agents
two.thirds OF the stock. This paper
money started at three TO one, arc
steadily fell, till, with successive is
sues md no one knows how many
millions were struck-foreign eX
chaugs jumped to twenty anc
thirty to one, aud the price OF al
commodities rose in proportion.
Although the planters raised tb'
price OF labor to 81 day, paid il
paper, which was by special edic
the compulsory medium, the PEG
pla walked about facing starvation
with their pockets filed with Ma
tioual bank currency. 1t was Will
making the show of redeeming som
OF this paper money that tho Presi
dent was assaseiu ated. \
But in May, 1898, General JIM
nez was making every effort to lam
a force with arms TO coalesce wit
his adheren,s. The first laudiD
was made at Cape Hayti, wher
Jimiuez added nine recruits to tn
Cause About midnight OF June
the Fsniia again set sail towar
Monte Christi, bnt few hours ru
arriving some hours before the daw
sud anchoring in tbs hsrbor, To
Stars aud Stripes flying still an
giving tie impression that Amer
can Intervention had begun for tn
overthrow of the government.
Armed to the teeth, Jimsnez LEI
his handful OF foil overs to shoI
and advanced from tho wharf towar
the city, a distance of about tW
miles. There had been aome blu
der in the prsarrsnged signale,
that the arrival of tho flibus'e
was premature. 1t was planned
take the garrison and then proceed
toward the capital. The house
Che Governor was found, that OF
eial was captured and move W
made toward the garrison on Il
heights. This had been secret
.t,o,otbaned however. aud a co