The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1901-11-29

and there can be no better indi-
cation than to watch the people at their
holiday. Well dressed, well fed with
money in their pockets to pay for
amusements, filling the football field,
filling the Orpheum, filling the theatre,
wandering with well laden lunch bask-
cts in Kapiolani Park, or up Pacific
Heights, these people were very evil
IDENTIFY far removed from the position
which would force them to save every
quarter, and upon whom the depression
was weighing like a pail and choking
the merry laughter of the very chill
dren.
We have been through several periods
of depression during a generation.
When the last of the whaling fleet was
lost in the ice up north, twenty-five
vessels being crushed and whole sea-
sons catch being destroyed, it looked
very black for Honolulu, and money
became mighty scarce in Honolulu. The
new industry of sugar was undeveloped,
and it seemed as If there was nothing
but ruin before us. We got over that.
We again had a period of stringency
when, after reciprocity there came
time when the plantations had to be
carried till they could pay, and the
croakers again croaked ruin and disas-
ter, but the plantations were car
ried, and made big returns, and pros
perity shone once more upon us. Again
in the early nineties there came a period
of depression and every one was going
to be ruined, but far from that the en-
terprises which the croakers were sure
would go under did nothing of the kind,
but doomed up and returned to the in
vestors, like the seed which fell upon
fifty fold and some one hundred fold"
1t is the same with us now. If we
listen to the croakers we should ina
CINE that we are really up against it,
but we will come all right in time. 1t
is not as if we had been booming wild
cat mines and impossible investments.
We have the finest and most produce
tive of property. This property we shall
begin to realize from in the near flu
ture. Look at the cane fields of Oahu,
Honolulu and Waialua on this Island.
They are going to yield as fine if not
finer returns than Eva. Look at Olaa
on Hawaii, or McBryde on Kauai, they
are magnificent properties, we'll man.
aged, and in the pink of cultivation.
All these are new plantations. 1t
takes time for agricultural and manu-
featuring enterprises to develop. They
bring magnificent returns when they
are developed as we have seen in the
past, and shall see in the future. Our
last years crop was the largest we
ever had, our present crop will exceed
anything in our history. AS an integral
portion of the United States we stand
in better position than we ever have.
There are always politicians who take
advantage of momentary depression
to use it for political purposes. This is
being done now, but in a very few
months we shall see a very different
condition of affairs. One of our keenest
business men, connected with both the
sugar and the mechanical Industries of
the Territory said the other day, that
he expected the situation to ease up
very much by the month of March, 1902.
That the croakeTs are not having it all
their own way was shown by the atti-
tude of the people yesterday. There
was no hooding melancholy, but every
thing was .1ght, joyous and showed
every sign of a prosperity which has
not left us. Let us learn the lessons
OF the past and keep up good hearts,
When once q cargo of oool tahoe Ga