The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1903-04-03
WORK FOR
TOURISTS
Committee Will
Push Work
Along.

1.-THE Joint Tourist Committee, after
two months of waiting for information
as to the intentions Of the Shippers
Wharf Committee in regard to assist
ance with funds, has reached point
where active work can be taken up i'm
mediately upon the Chamber OF Com
merce and the Merchants Association
providing the money for the work"
Chairman F. C. Smith OF the joint
committee, who has been interchangeable
In his labors for the success OF the
efforts toward tourist advertising, thus
outlined the status OF the propaganda
yesterday. Continuing, Mr.. Smith said:
1.-The committee has organized. pre-
pared it's plans for advertising gener-
ton as to Its local quarters, and is gen.
orally in a position to press its work
forward as soon as the funds are pro-
vided
"As to the matter of revenues, the
joint committee was led to believe that
| a portion Of the tonnage tax would be
placed at the disposal OF this committee,
| according to what we believed the UNI
Outstanding of the Chamber of Com
merce and the Merchants Association.
1t has taken two months to discover
that the shippers wharf committee
does not consider 1t wise to devote any
portion Of it's revenue to the purposes
for which the two business bodies Gre
ated this committee. and at meeting
held yesterday l was instructed to re-
port these facts to the two associations.
If they want the tourist propaganda
inaugurated and pushed, in the words
of John Henry. It's up to them F."
The board of directors of the Mer-
chants Association held a long meeting |
yesterday to consider many matters In
preparation for the quarterly meeting.
which will be held next week.
ssssSsssssssssssssssssssss
adoption of the committees report; to
be read the third time on Monday.
AFTERNOON SESSION.
The morning session ended during
the consideration of the Brown deposit
DRY bill which had been adversely re-
ported by the Ways and Means Com
mittee with a substitute. Senator
Brown contended in favor of his bill
saying that unless his bill passed the
Territory would have to pay premium
on the fire claims bonds. To pass the
bill would save ST. 900 to the Territory;
but it must become a law before April
20 when the bids for bonds are to be
opened. He said further that the only
objection to the bill was that the bank
might become bankrupt, but ne argued
that the Territory would be secured by
the bonds. At present, he argued, large
amounts are tied up in the treasury
vaults to the injury of the people. He
proposed also that II need be the de-
post could be limited to eighty or nine
ty per cent of the government funds
and the remainder left in the Treas
ury. If the bill failed the bonds could
be sold only by the payment of pre-
MUM, for the purchaser would lose two
to four per cent. interest.
Senator Baldwin replied favoring the
committee bill, saying that the Brown
bill tied the government down to MAX
ing deposits in one bank for fifteen
years-the life of the bonds. Bids al
ready had been received for the bonds
from the East and It was not known
what the saving would be; the bids
might be at par or very close to 1t.
The committee bill he said had been G
drawn on the lines of the national de-
pository law and does not bind the gov ;
eminent: 1t may change it's deposit II ;
a bank is thought to be shaky. The
A million dollars, while the bonds were
for but $4,000. The committee bin ,
provided for division of the money
among the banks.
President Crabbe inquired what I
would happen IL two banks bid the ]
same. Senator Brown replied that
here would be no money In it for two
banks.
CLAIMANTS WANT BONDS.
Senator Achi said the Brown bill was
n violation of the Congressional fire !.
,laims act, and Senator Brown replied
I conform with the law. Another OBJ
ection offered by Achi was that one =
,ank in Honolulu would be given the
deposits, while he favored