Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1903-08-14

dom. II is the duty of the sugar.pro-
Gucers to find 1t, and, having made the
discovery. which is little more than
an ordinary problem of business hfe,
ii devolves upon them with equal force
to act. In canvassing the situation
Mr.. Lewis finds q variety of opinion.
Some say sugar refinery should be
erected in Honolulu: others propose
sugar reflneries at the great distrib'
uting centers, again men capable OF
speaking with authority tell him that
with the expenditure Of a few thou
sand dollars equipment can be install
| cd for refining sugars at the mills now
/ turning out raw sugar, sold subject to
| the will of the Trust. All are unani'
nous that the hope of the sugar indus
! try In Hawaii is in placing refined
product on the market.
Then someone suggests, What will
I the Trust do to us?' and everybody
except few daring spirits who have
! their all IN sugar stocks with no side
Investments in bonds that would still
assure them a first.class income II ev'
cry sugar plantation of the Islands
should go bankrupt. fall on their faces
H. trembling fear before the appalling
/ shadow OF possibilities. Opposition
which the Trust at the outset would
undoubtedly offer in the way OF re
Guced prices on refined sugars is dwell
uron until II has much the same effect
as negro mammy's ghost story on
an assembly of children on a DARK
| night before the iirsilght.
OF course the Trust will fight any
spirit OF growing independence JUS
a. the power behind our excessive ma
;urity Supreme Court is prepared t
Trap at every head that refuses tC
about.face and follow, with meek ant
lCwly spirit, the mandates Of its will
Il has been said that belief in defea
defeats many men. This is too offer
true. And IL would be a sad common
tsry on the genius and courage Of thu
business men of these Islands. wht
have set a worlds pace in the manu-
iacture of raw sugars, II they are t
admit that they are tagged ant
brought to a dead stop when 1t comes
tc wrestling with the problem of mar
ketlng their goods.
The Sugar Trust is not infallible, no.
IL disposition impregnable. There arr
great canning establishments and 9th
er sugar.users that would gladly b.
well rid of the Trust. Hawaii can e
into the market with a product oil
which IL can place an absolute guar
antee ana face the Trust that Is no
above putting its refined Hawaiian
sugars on the market mixed with a 40
eral sprinkling Of pOorerquality beets
The Trust can break prices for a tint
but II also has a large capitalization
and horde of anxious stockholders al
anxious for and standing in as grea
need of dividends as Hawaii. Thu
Trust has a few troubles OF its owl
though II has made enough clearl!
manipulated profit out Of Hawaii II
the past year to pay for two or three
million beet-sugar establishments will
which to overload our market
q. Experience of individual local cor
: porations with independent refinery
a.. projects on the Coast is also cite'
, among the ghost stories. This expe
: rience is valuable as showing that in
r dividual agencies cannot successful!
contest with the Trust, but 1t has gon'
, far enough to convince those mos
deeply interested that combination
of at least two.thirds or three-fourth
! OF the 800 900. TO 400,000-ton output o
llawaii. properly managed, can Great
) n market ofits own and make the CON
mon enemy so uncomfortable that
: will seek terms that will give pric
. Tor our sugars. The fearsome heart
are between the devil and the deep sef
. Their terror Of the Trust leads tner