The Hawaiian gazette., 1901-03-12
CAPT AL
SEES.


u. f. Diainshau. who rs today reyos-
nizeu as tne abIest n.aHc.pr 10 the
Islands, is guest at 1lilo with n.in.
Der OF capitalists from the Mainland
who are here seeking al Quiet for
their money In tne form. " dNiiead-
paying or soJn-to-bc- dividend paying
securities. The party arrived in Hio
by MauLa Loa on sunday morning,
and in the midst OF pouring rata
they took the train over the Hilo Rail-
way for puma on Monday. after go
ing over the fields at Kapoho and
Puma they came back to O.aa and in
Sestgated the cane on the Olaa pan
tation In that vicinity, and arrived
back In Hlo by the regular train that
evening. on Tug sday they returned 20
Olaa, spending the day with ftlhaS'r
McStoGker. and going more carefully
over the fields and examining the ca .
and soil. The mill, SO ia. as 1t was
built, had their attention for some
time. GA Wednesday they examined
the upper 1".ds. and spent he night
at the No.uano. They viii "ttnu io
Hilo tns evening, and so TO !!unu.ulu
tomorrow.
To say that they We're aston .slcT
does cot eApress it, Mr. ~ .I.3ru,tm
in answer 20 d question by the Herald
representative, said:
IL wanted 10 come up and see now
the place looked, and l wanted TO take
my time, but 1t is the same old story,
hurry hoIne.' / am mere this time with
these gentlemen, showing Just what
q Hawai- has to offer then; prospectuses
don't go tar with capital its these days
they wat investment IN enterprises
that nave something tu fer ana they
prefer to have everythin1 in fair work
ing o<der. | cannot thi Of anything
better than Olaa aud Pa plantations
and Hiiu Railway, anu l guess they
think SO. too.
Il am 49,. more enthusiastic over
these propositions today than ] was
when they started-nur any less. No
one could have put Olaa in better
shape than has Mr.. McStocker; the
place shows what he has done, and the
cane looks magnificent. Their crop
next year will be 10000 tons, as much
as Eva produces, and II has been es-
tabiShed ten years. Hawaiian Com
mercal will have between thirty anu
thirty-five thousand tons this y-.r
and mind you 1t is quarter of gen-
fury old, while Olaa is baby. Five
years from now the product o: THIS
one plantation will equal that OF all
the plantations between here and ku-
kuhaee. That is a pretty broad prom
Use. but just make note of ii and see
If l am not right.
Puma is as good as Olaa. With the
land of these two plantations and that
of the government to be taken up by
settlers. there should be more than
100 900 tons of sugar produced IN Il
single crop five years from now. The
soil and climatic conditions guarantee
it; plenty of rain and plenty of sun.
IN their
lands, and l want to say right here
that we will give them all the assist
ance possible, and we will make con
tracts that Will enable them to make
money. The plantation does not want
to make 1t all, and 1 am sure l will
favor any agreement with the plant
ers that will give them fair chance
To do well. There is no fun working
in the cane and getting nothing for It.,
IF enough of them go into planting
so make ii an object, we Will run
tracks to their lands so the cane may
be brought TO the mill. This means
considerable expense, and we must
have enough planters to satisfy us that
the area cultivated will warrant it.
When 1 got the franchise for the
Hilo Railway there We're some good
people free enough with their opinions
to say that the road would never be
built. why. before the ink was dry
on the. document that gave us per
mission, / sent away an order for ma
there is now on the way the rails for
Fbe limo 10 within seven miles of tnc
Volcano onl that hranrh win he I'm
cnaration befora Tho close Of the yrar.
W. hswa done a lot OF work for n com
nanv tbot In the oninjnn of others
Aid NOT iTtand IN hnild Tho road I
nm satisfa5 y,itb II. sIrnrisaa 70 500 a
~nnd uIthont baIiost annh nm e9sV
rider Whnn tho rorl, crusher arrive.
and we get the ballast in, the whole
line will compare favorably with the
average road on the Mainland aud I
don't believe many section men will be
required. The idea Of extending the
line to Kau and Kona has not had our
serious consideration. l don't believe
the plantations on that side Of the Isl
and would make contract with us. and
until they do. there would be no In
ducement for us to build
AS to the road through North Hilo,
/ sincerely hope FOR the good OF Hilo
that the gentlemen Interested in il viii