The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1902-09-12
ELECTRIC ROAD Will
BUY PAINS
OUTFIT
BASIS ONE SHARE OF RAPID
TRANSIT STOCK FOR FOUR
SHARES OF TRAMwAY-BIG
PRICE FOR PAIN ARKS.

PRICE FOR PAIN ARKs.
A deal is on by which the Rapid
Transit company may buy out the Ha-
waiian Tramways company, thus set
tie tg the long litigation between the
two concerns and leaving the way open
for the electric company to extend it's
lines all over the city. The Rapid Tran
sit company, If the deal is made, will
take over all the street cars, mules,
lines of track and franchises of the Ha-
waiian Tramways company. The result
would be some important changes in
the road extension plans of the COM
pany. Some years ago, when the new
company started, a large offer was
made to buy out the tram company,
but the stockholders were not willing
to sell then.
1t is stated by thase who are we'll in
formed as to the negotiations that the
basis of settlement will be one share of
Rapid Transit stock for every four
shares of tramways. The Rapid Tran
sit is valued at $100 at par and the other
stock at $25, so that on this basis of
settlement the Tramways company
would get dollar for dollar. The Tram
$150,OOO in bonds and the price therefore
paid by the other company would be
$4i5, 900.
The Rapid Transit company directors
and stockholders are in favor of the
scheme, and the London agent of the
Hawaiian Tramways Company has also
declared in favor of it. He will re-
commend it to the company, and it is
| thought that the scheme is very likely
to be carried out.
ACKNOWLEDGEMENTS
nience. The silver was in good order,
though the dimes were missing. The
paper was signed by all the bankers
and asked for the passage of the act
OF Congress.
George W. Smith was sworn before
reading the paper of the Merchants
Association, representing 48 business
firms. The memorial read as follows:
Gentlemen: The undersigned, a COM
mittee duly appointed by the Merchants
Association of Honolulu, beg to submit,
for your consideration, the following
memorial bearing on the economic and
other conditions of this Territory.
We will assume that you are CONVEX
SAINT with the fact that Annexation to
the United States has resulted in a Sc
rious pecuniary loss to the Govern
ment of Hawaii through the transfer of
the Customs house and Internal reve-
nue. receipts to the Federal government,
and proceed to state how, in our opinion
this loss may be neutralized to the ad-
vantage of both the Federal and Terri
torial governments.
Sugar: To the growth of the cane and
its manufacture into sugar is due the
commercial, if not the political, position
of these islands today This industry,
fostered by the Reciprocity Treaty be-
fore annexation, has been seriously in
jured, since then, by the application of
the United States labor laws and Chi
nese Exclusion Act. While yielding to
none in our desire to see this become "a
white mans country" to the fullest
extent possible, it has been demonstrat"
ed on several occasions that It is inn
possible for the white man to labor in
the cane fields, even at high rate of
wages. We would therefore suggest
relaxation of the laws just referred to,
such as would enable our planters to
draw labor from Asia and get enough
fit, under such restrictions as it
might seem right to Congress to indi-
cate. This class of labor if brought
here under proper conditions would not
come into competition with American
labor. AS merchants, we leave the fur
| ther discussion of this matter to the.
Planters Association, but the sugar in
dustry is so very much the most inn
portant of all Hawaiian enterprises,
that it ought, we think, TO occupy the
first place in such memorial as this.
Fire Claims or Provision for Payment
of Losses Incurred in the stamping out
of the Bubonic Plague in Honolulu,
| 1S99-19O0.
We respectfully submit the following
facts:
Q) That the property destroyed and
for which compensation is claimed was
only condemned to destruction after d
careful examination by the Board OF
Health and that said Board Of Health
was satisfied that the premises to be
| destroyed were plague infected. A
careful record was kept of each build
ing or block of buildings destroyed.
! (2O That the disaster of January goth
! 1900, where property covering approXi-
mately 80 acres of land was swept away
| by fire, was caused by the sanitary f1re
| (started by order of the Board of
| Health) getting, with the aid of
strong trade wind entirely beyind the
| cOntral of the fire department
(3) That the sole object and purpose
| of those sanitary fires was to confine
the epidemic to the closest limits possi-
BILE, in order to prevent the dread dis
ease reaching the shipping in port and
| the western coast OF the mainland, and
to hold 1t within the contaminated sec
tions of the city.
| a. That the losses incurred by the
| destruction of buildings, household
property and merchandise, was largely
| in excess of the amount (S1, ,473, l73)
which has been awarded by the Fire
| Claims Commission to the various
claimants, and that the said claimants
will cheerfully bear a considerable por-
tion of their direct losses as well as
the whole of their indirect losses, for
which no claim whatever has been
made or allowed.
90 That it is an undoubted fact that
the business Of the community has suf-
fered severely and is still suffering from
the non-payment of these claims and If
same are not paid within a reasonable
| time, many of these claimants who
| nI.a cticalIv lnat all thnIr c,nhointnnnn in