The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-02-20

w large :" number aapa-" Of it, 8 members srs
and a wide range of invited
guests. the Builders Exchange was
opened in the newly furnished rooms
of the association in the Elite building,
yesterday, and for an hour with speech
and good cheer the men of business
entertained their guests. The begin
ming of operations by the exchange was
most suspicious, and the expressions
of goodwill and hope We're many
Responses to the invitation of the as
ISOLATION to be present at the inaugur-
alton of the exchange were honored al
most to a man. and the room was filed
when 1890 o'clock which viii be the
hour for Change gathering each day.
arrived. and there were in the group of
men seated in the main room and over
flowing into the adjoining Offices, those
who represented the largest of the
city's houses dealing in building sup
plies and the contractors who work up
lumber stone and brick into buildings.
The main room has been fitted with
directors table and there are an album
dance of chairs and cabinets for plans,
and stationery, which are at the dis
posal of the members of the associa-
ton. At the head of the table sat
President Osborne of the association,
lanked by Governor Dole. Speaker
Akina, Senator Kalauokalani and 9th
ers in official life, and when he rose to
call the assembIage TO order, he faced
a representative gathering
I'VE are met" said Mr.. Osborne, Ito
inaugurate the work of the Builders
Exchange. one year ago the master
builders of the city organized for their
protection the association which has
since existed. Now it has been deem
ed wise to organize an exchange on the
same lines and for same purposes as
similar bodies which are in existence in
the cities of the mainland. The ex-
change will be an adjunct to the asso-
citation. and il is the opinion of the
members of the association that it's
work will be of the greatest benefit TO
the builders, in forming a meeting
point for all interested, and as well for
the creation of a better feeling among
the men whose business lies along SINH
lar lines
Continuing. Mr. Osborne said that
one of the most important develop
ments of the system which would re-
suit from the exchange system would
be the later establishment of a credit
branch, which would give the actual
standing of the various builders of the
city. and this would tend to make the
dealings of builders with those who
have contracts to give out most
STRAIGHTFORWARD and honest. for no one
who conducts business along any other
line viii have the endorsement of the
exchange. The result of such action
would be the raising of the standard,
and TO be a member IF the exchange
would be an honor and n guarantee of
fair dealing.
Not the least important of the OBJ
jects of the exchange. he said, was
that there might be an improvement in
the character of the general building
work now done in the city. Many
buildings. in his opinion. were con-
structed for looks alone and their re-
suit was that after a very short time
they were in need of material repairs.
This was not first-class work, and the
exchange would try and secure better
of contracts. The eX-
change, he said, was pledged to the
support of a better system Of building
laws. and would work for them un-
ceasingly. An attorney had been en-
gagged so that all the proceedings
might be in order. An attorney retain
ed by the exchange was then introduce
ed. and at length explained the meth
DDS.
Chairman Beardslee. of the executive
committee. then expressed the hope and
belief that there would be good come
from the workings of the exchange. and
outlined the plans on which the mem
Ders were expected TO proceed. Chair
man Osborne then called upon Cover
nor Dole for Il few remarks. and after
the applause which greeted him had
he said that it was with
pleasure that he attended the gather
ng of men OF business. who had asso-
lated themselves for the widening of
he influence of their business. H !