The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-03-01
WHIJ ~
WAKE UP
WIRELESS
fContip Jed from page II

'SOhti4 4SU AlOiH pdSc ~
capitalize ton was 100000 divided into
1000 shares. $4,000 in paid-up and pro-
motors stock and $4,000 assessable
stock. Through the incompetence of
Marconi's experts the stockholders be-
came distrustful and would not pay
the assessments. The mistakes of the
first expert were rectifed by the second
one. but the cost of making the changes
crippled the company. He said that the
promoters had agreed to turn back
their promoters stock into the treas
ury and suggested that the capitalize
ton be reduced to 100000 and the s25.-
900 already paid in on the assessable
stock, be reissued in paid-up stock.
II think it w0uld be a good thing for
the islands to have this system put into
operation and firmly established" said
Mr.. SwanZy. "Our firm has found out
how useful it is and 1 think many 9th
er houses have also found it quite help
full. I would like to see it go ahead
and SO established that it can be con-
stantly relied upon 1t occurred to me
that some arrangement could Re made
whereby the existing company could
be bought out, and the reorganization
made without any liability taken over
ITOII1 Cnc IL q 1iN" SciaA
pany is started it must start without
any strings to it."
Treasurer Hutchins suggested that
he be given an opportunity to make up
a trial balance, showing every liability
and asset and the list of stockholders.
which was agreed to. the meeting
to reconvene two weeks hence. A visit
to the station at Waialae. to see the
workings of the system. will be feat
ure.
j. p Cooke intimated that the bust
ness community would be glad to have
the wireless system again in working
order. and Mr. Allen said he felt that
it was a necessary adjunct.
DECLARED A FAILURE.
Especial to the Advertiser.)
SAN FRANCISCO. Feb. 15.-In the
only part of the world where the Mar
conf system of wireless telegraphy has
been established as a practical COM
enterprise it has proved a
failure. says the New York CONNER
cial. That is in Hawaii, where early +,
in March, 1901 a previously installed !
plant that had proved only partially
was opened for general bus |
ness between the five principal islands
Of the group. The company owning |
and operating it has exhausted its cap |!
ital of 100000. has been sued in the
courts for debts overdue, has not paid
It's operators for some time past. has
only So in it's treasury, and has there
fore quit doing business. The record of
is inception, organization and subse-
luent operations covering a period of
more than two years. as detailed by a
Honolulu correspondent of the New
York Sun. does not leave on a careful
eader, however, an impression that the
system itself was so much at fault as
he manner of financing the scheme.
md the subsequent conduct of it.
Obviously. there has been friction al
most from the start between Inventor
Iarconi and the Interisland Telegraph
Company That of itself was bad
rough. Material furnished by him ear
Y in the enterprise was not paid for,
ie refused to furnish more, and the
ompany now blames him for Gripping
he enterprise physically. Native Ha-
women, and all of them
Without experience in biography or
ny knowledge of the science-were ta-
en- ON as operators and drilled for the
BUSINESS. That was worse still. Ex-
erts should have been employed, at
5ast at the outset 1t appears that at
O'Clock every morning all the clocks
n the various islands were set through
MS wireless system by the chronom-
ter in Honolulu. 1t required only
,-elve seconds to make the circuit ev-
ry morning, but when it came TO the
of important commercial
lessages something was almost always
hxy
yster1 in some inexplicable manner
.rayed off into space and were never
Many of the messages were.
is true, transmitted accurately and
'gularly. but the bus'r~ss nen lost
terest in the system after important
Nssages, ~, = meant thpuslH-is IF
,llars to them, failed - materi.ilize.
I'd they had failed to safeguard their
terests by duplicating tn em in tre
ails- The mil.rnum cost of MESA ges
as 81 for ten words, with only 20
nts for each word in excess-surely.
It an exorbitant rate for a circuit Of :,
0 or 200 miles. g.
The Marconi system as a commercial -
,nture has broken down in Hawaii ~
anifestly from bad organization and
inasenent. If comparatively unir1
rtant messages could be transmitted
1t accurately and promptly. there is
reason why important ones should
il utterly. A fair-minded public will 20
fuse to believe that this failure in
await gives a setback to the system
As we have often de- to
lred, there is little probability thai m