Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-11-28
David Lawrence e Co. Ltd.
CIGAR MERCHANTS X =. Young Building
RUSSELL SAGE ROASTED" IN
COLD wEATHER..-COLD
FEET.
FINANCIAL ARTICLE NO. II.

TCEI.
FINANCIAL ARTICLE NO. II.
This was due to the high price of coal,
cold feet on account of Wall Street
panic, cold contracted on account OF
the very changeable weather in that
climate mot like ours), 1t makes no
difference. Possibly Russell Sage
has been more commented upol.
roasted" and last of all he has been
appealed to probably by the very men
who have had something to say
against him when in stringent finan.
cial straights. His cool, even temper
ament is not disturbed by anything OF
that kind. While we do not admire a
great many of Russell Sage's qualities
we admire one particular trait in mis-
character, namely. "Skepticism com.
bined with curiosity" His skept!cism
has not overbalanced his curiosity and
willingness to investigate anything
that looked as II he could make money
out of 1t. We admire skepticism COUP
led with sufficient sound judgment and
willingness for investigation, for the
reason that a skeptical man is usually
cautious. and by investigating AMI rs.
ing good judgment connected with 1t,
he usually makes sound investments.
But there Is such thing as too much
skepticism, and there Is such a thing
as a man who has absolutely no judg.
ment of his own, who will take the
Judgment of almost the arst man he
meets. and perhaps that man (whOse
advice he follows) has never made
success Of anything In the world. but
who has all the theory and advice
stored up necessary to run a nation.
We had a question asked us yeater-
day as to whether the stockholders Of
the Phoenix would have to await re-
turns from San Francisco when they
want their money. We have put the
following points very strongly in oui
series of articles, and we will again
say very emphatlcally that the Ha.
wailan Department was opened 70" the
especial benefit of the Hawaiian
stockholders. to save them any delays
in the matter of loans and in the mat.
for the purpose of handling their mon
ey with the same facility as. II they
were in California. The Hawaiies
Territory has subscribed over mil
lion and a half of our stock in six
months and they certainly. are entitled
to 1t. The Hawaiian stockholders OF
this company have not only first mort.
gage loans on improved (house and
lott property for their securlty,in good
cities and towns in the Territory
leach loan repayable monthly. part
principal and part INTEREST," and each
piece of property worth at least dou'
Die the amount loaned upon IT, pu'
they nave over 4oo racine coast owns
IN wnich their money Ii piaceu De
sues mere our money receiveu W
the ISLANDS Is 1oaheu mere lor Tue uis'
tihct dement, anu interest vi 'he ie'i'
.ory' ior 'he JUSTINE, purpose VI u''o"
ing people 10 get 'heir MONIES 'h Tue
\ SAINT Terms as 'hey "o"'u pas 'eh' VII
nlohthly hs'aiiihehts'
II III Is necessary we VIII Dring any
reasonable amount OF money from the
HN'N w AN'NN 49, ''N 49,
loans, upon homes, etc, that VIII come
to us, but they must be good ones In
all cases. The Hawaiian stockholders
seem to be satisfied with having theii
money loaned here, and well they may
for we have ample confidence IN the
Territory and In addition to this theii
money viii be distributed In over foul
hundred good cities and towns IN the
Pacific Coast. Each piece OF property
being worth double the amount loaned
upon 1t and bein gpaid In monthly IN
stallments. We don't loan In any oth
er manner.
There are over four hundred place!
In which you can pay money to on
local treasurers and have 1t RENTED
without cost, and there are sixt.
places in the Territory where none.
may be sent to the Honolulu offic
without cost to the depositors. BE
fore one hundred months have passe
i you will have your money distributed
even II It Is only sixty cents, upon a
least fifteen hundred or sixteen hun
In bred mortgages on the Pacific Coas
" and In Honolulu. The average size o
-. these loans Is fifteen hundred lOllars