The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-01-01
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, oSSS0SSS 0SSSoc>>OoS exc 1890
OLD AND NEW YEAR.

NNdi nv II mas hbN N'lhA
To a close was one of the most re-
markable in Hawaiian history. 1t
was the first full year of politi-
cal affiliatiOn between the L. lands
and the United States and AZ such
il contributed more than any
other one period of equal length
to the welfare of the group. In
deed in the Hawaiian calendar il
must rank in material progress
above some decades. Fortunate as
other years have been their bene-
fits to the people of these Islands
were circumscribed by q variety
of depressing political circum-
stances which annexation TemOv-
ed. With the assurance of stable
government n larger share than
ever before of money made on this
soil remained for local invest
ment. Before that time our cap
italists looked abroad for guaran.
tees of financial safety. Vast
sums derived from commerce and
the sale of Island products went
permanently TO the United States
and Europe. But the first year of
American sovereignty here wit
messed the acquisition OF local con
fdence and as result Hawaii
and its political capital have ad.
vanced with leaps and bounds.
Two great facts stand out in the
progress of the year-the increase
of productive industry and it's ad-
iuncts. and the increase of white
population. New plantations have
been started under most encour-
aging circumstances and old ones
have been improved. The price Of
sugar never ruled so high. Some
attempt was also made To intro
duce new manufactures. Many
companies have been organized.
J.nm; financial institutions opened
= and the needs Of groMing 5usi-
ness have been met by splendid
new commercial structures Rail
WAYS have been planned and
started: rapid transit for this city
is now being provided for. The
export and import trade has ex-
banded prodigiously and new lines
of ships have sought the favor OF
the port. An era of modern pub
: lie improvement began during fhc
wear of which HOnolulu's new
sewers are u type. But one fac,or
; nf drprrSSion came into being
the few cases Of bubOnic plague.
In measure that checked bust
. ness for the moment but II could
not check the prosperity which
|. the wear had founded ON the rock
!. Of production and credit.
. I'm default Of census IL * not
: posSihIr to say how much the pop
. ulaiiuu of the Islands has "N
. banded since the first Of January
. 4 wear ago. But the demand upon
. the area of domicilc. the crowdlng
!. of the streets. the strange faces
: everywhere. the passenger Isis ol
: steamers and sailing vessels
these tell their own story. Homo.
. lulu is growing. Hawaii l. grow
, iug. and nothing seems likely q"
Stou am influx which - caused u.
: I'm intelligent conception oil III"
. fact that coming event" are likely
I. To DO more than past events hav"
. done to open new fields OF labor
!, and Investment here.
: Having 80 much tu bee thankful
: for during the wear that H. gone
!. f. should hc easy To take courage
{. for the future. There can be no
. doubt that the business of the
: Island will go on rising to the
: Hood and bear them on To FORUM"
: Looming ahead are wharvcs. vail
!. roads. municipal rapid transit
I. new hotels. new business blocks
|. new industries and new planta
!. tons: possibly the beginnings %
:. Pacific cable and probably the
:. institution of Territorial and mu
;. nicipal rule aud of extensive Fed
:. eral works The prospect is il
:. every way encouraging an
= whether this year is 10 bc counte'
!: the last Of the nineteenth ccntur
= or the first Of the twentieth it i
;. full Of cheerful omenS for Hawai-
:. nei.
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