The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1902-04-29

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Tau ana PING Vat The store was dis
covered closed Hn "wednesday Hl last
Wcak. and since that tlmc Chock chez
has not been sean ~ was understood
that De- had lrft TIE country in the Gao
&c.,. and at the Washington Mercantile
Company where Chonc Soy. n SON OF
Chock Chez. H. employed it was said
that note was loft by the manager
for his son, saying that he was going
away. having only his ticket for Hong
Kong and seven dollars. rs the result Of
his connection with business here.
There was held n meeting Of the cred
itors of the company and II was found
that there are claims against II aggre-
eating a sum In excess OF $4,000. As
a result OF the investigation II was
concluded that the assets are the lease
hold and bakers machine. There are
two mortgages against the leasehold.
and an assignment as well. The for
mer are given TO Chinese. and are for
sums aggreEatlng $1,000. while the lat
ter H. made to the Washington Mcrcan-
tile Company. To cover the bill OF the
house for about $1,000. It has been de-
termlned that the firm shall go into
bankruptcy at once.
The majority OF the American houses
doing business with the Oriental houses
are adopting the cash plan, and they
expect soon to be able to use the plan
entirely. Some Of the Chinese houses
have brought their term OF credit down
to one week and they think this Will
enable them to gradually work out their
customers. Everywhere there is the
same expression, that IL there was a
payment OF the fire claims there would
be an immediate relief felt, for the
Chinese would be enabled to pay OF
their credits obtained for the purpose
of going into business again. As II is
now there will be no forcing OF pay
ment ON the part of the established
houses, they feeling that there would
be II far-reaching effect from any move
ment for the squeezing of customers of
the wholesalers, they being in such
condition that they could not pay and
their failure bringing down other
houses about them.
The Chinese view the situation with
the greatest fear, owing to the fact
that the closing of the doors to Chi
nese lahorers has made IL impossible e
fA,- Of a
The older merchants are all drawing In
| on lines of business, owing 10 the fact
that they expect continued exclusion
| and consequently see smaller markets
for their imports. There has been, In
the opinion of the older men, a great
! loss to the Territory in the shuttinf
| out of the Chinese. and the change in
labor conditions They say that tn,
| greatest loss to planting interests IL
not primarily the increase of wages
but the decrease in the productive worl
| OF the hands. one planter said yester
day that where ak men. with two NOR,
in harvest, were formerly sufficient t
work twenty-five acres OF rice, the,
being paid at the rate OF s13 to SIS 4
month, now 1t was necessary to hir'
twelve men and pay S25 for n months
work. The work done by the double
number, II is asserted, too, is not 81
good as that of the old force. The mel
have now no attachment to their work
and leave upon the slightest provoca
ton, saying that there is plenty o
| work to be had.
In another place, n Chinese suga
plantation, where formerly there wer'
200 Chinese hands, and this numbe
| was sufficient to cut and handle tn
cane to keep the mill running double
time, now with 500 Japanese laborers
the only kind obtainable, the mill car
be run only eighteen hours n day
Where the men formerly were paid 81
to SIS a month now they get over 81
for their work. The same condition 4
reported in other industries.