The Hawaiian gazette., 1901-03-26

nue. collector for the Territory OF Ha-
wall:
Washington. d. c., Feb. II. 1901.
| Sir: l have the honor to invite your
attention to a recommendation made by
the Secretary OF the Treasury on page ~
of his last annual report. that liberty be
given the collector OF customs for Ha-
wall to deposit receipts at the Govern
mcnt depository instead of shipping the
coin to the subtreasury at San Francisco,
ns he IL now compelled to do by the pro-
visions of section 5l53 OF the Revised
Statutes.
From July 70 to December Z, 1900. the
collector OF customs at Honolulu paid
G,OS2.I0 for freight on ti27,252.52, sent
from there to San Francisco. These fig
ures are official.
Prior to the designation OF a depository
ut Honolulu l. as collector of Internal
revenue, was compelled to ship my col
lections to San Francisco. The trans
portation companies charge one-half of
per cent freight. This was about half
what II cost the Government to collect
II.
The Secretary makes his recommended
ton because of the Inconvenience and
cost to the Government
The bulk of the Government receipts
from the Territory will be collected uy
the collector of customs. which must by
law be deposited in the subtreasury.
This VIII not leave enough Government
funds in Honolulu depository for Federal
expenses Thus n double expense will he
incurred by reason of the necessity VI
shipping currency back to the Islands
1t is estimated by one of our leading
bankers In Honolulu that Si,250,OOo will be
shipped to San Francisco by the collector
during the present fiscal year. This will
he great drain on the circulation or a
community SO isolated as Hawaii
The Secretary In his report says:
AT present the collector of customs I'm
Hawaii Is obliged to send all moneys
collected by him on account OF duties on
imports to the subtreasury at San Fran
cisco. while public moneys required for
use In Hawaii may, as n consequence
have to be transmitted by express or
otherwise to the islands. Thus double
expense. Increased risk. and unnecessary
delay In the public business may be and
are occasioned There seems to be no
good reason why customs receipts of
Hawaii and other island points should
(noD be excepted from the provision OF
section 5l53, Revised Statutes, which re-
quires the deposit of customs receipts In
n subtreasury. Liberty should be given
to collectors OF customs at the places in
dicated to deposit receipts with designat-
ed repositories. as Is now permitted by
revenue"
II It is possible at this late date to
change the law so as to allow the de-
post of custom receipts at the United
States depository, great saving Will he
effected to the Government and the bust
ness community OF Hawaii relieved OF the
danger OF a contraction Of its currency.
| am, very respectfully,
WIN. HAYWOOD.
HON JOSEPH b. FORAKER, Chairman
Committee on Pacific Islands and
Porto Rico. United States Senate.
The committee recommend the follow
nr amendments OF the Senate bill:
on page l. lines 4, and 6, strike out
he words cor abraded below the stand
ard OF circulation applicable to the coins
'f the United States"
Also in lines 3 and 10. page /, strike
,ur the words But they shall be re-
'oined in the mlnts as United States
,oins."
Also in lines and 8. page 2. strike out
he words Sin pieces of the same denomi-
lation az nearly as may be- and insert
n place thereof under the direction OF
he Secretary of the Treasury into such
oins of the United States now author
zed by law as he may direct"
Also in lines 16, II and IS, page 2, strike
ut the words when the same are not
'hraded below the lawful standard OF
circulation"
Also In line /. page 3, strike ,ut the
words "or abraded below such stanc-
Ird" INli
In striking out the. words cor ebraded
GLOW the standard of circulation appH-
able to the coins of the United States" =.
wherever they appear In the bill, the
ofnnlttee but conform to the rules of
he United States Mint, as there Is To
tandard Of abrasion adopted st the
mint. and the words in the bill are mean
nRless.
BY the amendment in line IA, page ].
he Secretary of the Treasury Is given
discretion aa to the denominations in
1hich Hawaiian currency shall be re-
olned. The Secretary himself said that
% should like such discretion, and Il is
pparent that It Is not possible to fore
ell in what proportions the various de-
of the Hawaiian currency
hall be found to be when they are col
ected together for recoinage Indeed, II
$ suggested that the dime has aire8t ~
sappeared from circulation. There Is
o reason to suppose that such a 4 sore
Ion on the part of the Secretary Of the
treasury would be exercised otherwise
han for the best interests of the Hawaii
n nanplo nnd tba JrpItad Sfataa