The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1903-04-02

| they should be given II without their
leaving the country. The fund had
been created to prevent the Chinese
from becoming paupers or charges up
on the government, so that they could
be sent out of the country IL they did
not comply with the conditions.
Il believe if any Chinaman demanded
| this money, the trustees would be
compelled to pay it over The judg-
ment could be obtained against a
trustee, said. Senator Brown. but II
could not be obtained against the Ter
ritory without it's consent. The truss
ees could be sued and the Territory
can't, aid If Judgment was obtained
against the government it could not be
paid, because there is no appropria-
tion.''
McCANDLEss AFTER INTEREST.
Senator Mccandless proposed an
amendment requiring the trustee to pay
to the Territory per cent interest for
the use of the money as long as 1t re-
manned In the possession of the trustee.
The Senator stated that the money was
worth that amount to the Territory,
and should not be turned Qger to q.
corporation without charge. The Ter
ritory has been using the fund and be-
sides borrowed from banks at per
cent, and without this fund would have
to borrow so much more. He said.
further, that lot of the Chinese would
not come back If they did, while some
were now registered merchants and
others were not living. He contended
that there would be about 100000
which would never be called for. and
said that the bill was reflection ON
the Treasurer and an intImation that
he could not be trusted with the money.
He suggested that the Treasurer be
made the custodian of the fund, and
that fire claims bonds be purchased as
security.
Senator Brown replied that the
Treasurer did not want the custody OF
the Chinese fund. and the bin had been
at his request TO relieve
him of the trouble Senator Baldwin
stated that the money was not a gov
eminent fund, and that the Governor
was anxious to get rid Of it's annoyance
since the defalcations. He suggested
that the trustees be compelled to give
security. and that any balance not paid
to Chinese be turned into the Treasury
An amendment by Baldwin allowing
other security than government bonds.
to be approved by the Governor and
Treasurer carried. The interest amend
ment by McCandless was lost.
An amendment by Achi, requiring the
payment of any balance not paid out
within six years to the government,
vas carried. Senator McCandless pre-
,ented another amendment. providing
hat the fund should be put up at
auction to the bidder Of the highest
interest, but IT received no second
senator Brown stated that 1t was only
plan to kin time McCandless said
ie would guarantee 4 per cent interest
,eing offered. The bill was then put
n its passage and carried, Mccandless
-oting no.
AFTERNOON SESSION.
House bills were referred to commit
ees on second reading and several SEN
te bills passed second reading at the
pening OF the afternoon session.
THE LOAN BILL.
Consideration of the Loan bill was
egun with a general disposition on
he part Of the Senate to slash appro-
riations. Senator Mccandless wanted
million dollars cut Off the total Of
.s15.57o. Senator c. Brown said the
,taI must be made UP Of the separate
ems. SO the amendment was postpoH-
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