The Hawaiian gazette., 1901-07-19
HOPES FOR
A REFINERY
POLITE Believes
His Plan viii
Succeed.

90 nth's stop here, during which time
fa paid a visit to the other Islands and
Investigated the condition ~ the va
-lous plantations i'm which his firm Is
Interested The plan which is occupy
ing more OF Mr.. PouitZ.s attention than
any other just now, Is his refinery
b. heme. This was very carefully
-.1rked out before the arrival OF the
promoter, and what has been done
since was IN the matter of interesting
local capitalists. While there is mon
~ enough in sight To insure the build
-uF Of a large refinery without any
|ps4l Investments it Is the desire OF
che men at the head of the proposition
20 secure enough Honolulu subscrip-
lions to get the cooperation of the
plantation men, which, alone, Will in
sure the success Of the plan.
Ehe amount of the investment when
sIQ be made in the refinery cannot yet
To- announced definitely, but 1t is the
puiuion that the money first put into
lie mills viii be In the ueighborhoOI OF
- 900 600. In addition TO this there VIII
nave to be a working capital, which
40 the case Of the local institution VIII
n. materially aesS than is needed III
K refinery which is located FAR IRON
abe source of supply The plans OF the
Buildings ana machinery Will not be
entirely completed until the arrival In
san Francisco of Mr. PollItZ and his
engineer, Mr. 'Shaughnessy, who has
tS@en with him during his tour of the
ISLANDS. When this is done the actual
east of the concern viii be known,
and the subscriptions will be opened.
For the present there Will be nothing
done here, but the ground is in con
ciion for good work when Mr.. Pol
EtZ returns, in October, and the in
corporation of the refinery company
progresses.
Il have looked over several sites for
aztch buildings as we contemplate, both
IN this Island and others, and have
9At made up my mind as to which Is
.3r.ferabe. OF course, l cannot tell
-sBu where the refinery probably Will
IS located, for that would place us in
4srs hands OF the people who own the
property said Mr.. POLITE. lie con-
tnued: 1t would be natural to sup
pose that we would choose Honolulu
far Lhe site of our buildings. But there
s-re other places where the opportuni-
-lics are very fair, and where we could
carry on our business almost as well
in the matter of support here | have
.Sund shat there is manifested
l5vEendly spirit, but of course the ma
5Oriry of the sugar here is being sold
10 The trust ON a contract | belieye,
however, that there will be general
guppIrt given to the enterprise Many
u the plantations Will give their sugars
~ Ln- new refinery as soon as we are
IN shape to handle them. Then, as the
contracts expire, We will nave other
SaIga-s until in time We will b. able
It, handle all the output of these Isl
Gnls. and finally when we have got
l!nLn final shape We will reach out and
TAX in all the sugar we can handle
from the Philippines. In fact, II we
are nnccessful in making all the nee
-essf-y arrangements which viii ena-
Die ns to get going soon, we will make
lhM one of the leading industries OF
am Islands.
an the money that We will need
Dy having our refinery here is a small
tSo=t-ing capital, since we will not
have to do as the trust be, in readi-
raeSt 10 meet drafts upon the arrival
a 2A.rge shipments OF raw product. We
= IL have the sugar delivered here, and
as soon As We work it We will b. able
70 draw against it as manufactured
product That is one OF the banking
e arrangements which have been made
already. This means that We viii have
rae need for the large capital which In
.se past has distinguished tne re1ner-
%ess OF the Eastern States
There Will be no serious fight with
she trust. That organization cannot
l,'ope to make a successful fight against
S'Ioh plant as ours for wc viii be
IN shape to place our sugars right into
every city in the United States, and
y.hey cannot afford 10 cut prices so as
20 drive out of the market such large
amount of sugar. Once we are making
Z tVll ran ut refined sugar 1t viii be
puE ln-o the markets OF the entire
country and We are sure viii make for
ltsrif place in the trade which VIII
nu be filed by any other product now
E0T sale.
The raw sugars of Hawaii are the
INST IN the world. The crystal is the
dearest and strongest, and We VIII
nave such trade mark as viii make
ane Hawaiian brand sought after by
all who want the highest grade. For
instance, the sugars now made on the
Pacific Coast, where they have the Ha-
ss1iian raw sugars TO add TO their beet
sugars, is much better than the out
Dut OF ne Eastern rehneries. SO It Is
aHneH rhey have Hawaiian raws IN with
ne beet mi the Eastern runuoTles
Ss.hGn We put on the market a sugar
entirely of cane We win have no dim
Guilty in securing a demand FOR the
best grades.
"As 20 fuel We can lay down oil
mere at about 81 or 81, 10 a barrel Four
barrels Of oil are equal 10 a ton Of .
coal OF the best grade, and AT The same .
EIUe, requires less expense IN hand
On almost an equal basis as Co fuel
with the most economically managed
.dUeres OF the trust The skilled lH-
Yur we VIII have tu Import and t.H
hHIprrs win be easy tN secure. II Is
lH he hardest Of work with the mod
gu labor saving machinery We uI :
encounter Do slt'lCulty ON tnAt snoT
Mr. fnllltz says he believes that th-
principal reason f4r the uneasy fetlnH
ts 90 sugar stocks ugY is the unbound .
~ fear NJ lhe investors hat there VIII
pe serious trouble us 10 labor sucn .
Investigations Hs Werr made ln ths I
matter oi che heBgdr plantation orc .
ir hia opinion most wise, ana thr Trr
suit ~ moro such lrlps would D. o.
y lpe OUT an frriluR ~ Insecurity
Annexation io California. Del ne opiu-
iou ~ The broker wlu never como
about "a would b. 1870 mkiug d. "a .
Starving mhn and men after feeding
nlm and make BIN hapry Hni conc
Portable, 90 strange hiW.' aHf tne Ray
ps gui tbs eAss