The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-02-27
TWO RESULTS.

Income twenty pounds Expenditure pounds
shngs and pence, Result Happiness. twenty
pounds Expenditure twenty pounds and six pence Result
Misery"
In this way did the immortal Mr. Mcawber the friend and
companion OF little David Copperfed the financial problem
in Charles Dickens best novel; Though cawber lived up
to his theory and always spending only the pence
more but and realizing the unhappy
result misery he the less living proof of the
racy of his words
What Of twenty pounds equally any multiple
twenty pounds results in the individual
true OF the results OF the aggregate OF individuals OF
the body polite. What Dickens show, his
humorous way there distinct relation between
and expenditure 1t lesson which might learn
much to advantage and which Legislators might carefully
consider their financial legislation
The opening OF the legislature have been occupied usual
with crowds OF requests tor Appropriation from every part OF the
Islands These pling ill., and will continue e They
Will be far in any estimated income Those
duce them have no idea how they will affect the treasury ana Tor
the that do There should be members
as Joe cannon and Others guard the federal treasury and ruthless
turn down propositions which seem most plausible and most
necessary.
In the Legislature itself lies the power OF economy. The last
legislature tried throw upon the Governor the responsibility OF
eravagant appropriations The Goveno does the APP
preparations 1t his duty let the Legislature know what the
varied needs the errory 1t the legislature really
to form its appropriation bill from the data and from
requests resolutions its own members Before discuss
ing the appropriation BILL the of the Legislature should
together appropriation bill of their balancing the esima
ed expenditures with the estimated income 1t an easv thing to
money quite different thing obtain the money
pend If greater voted than the income possible
be- gives the executive leeway decide what shall be and
leeway OF advantage the state community If the lega
tre within the income then expenditure voted must
be made and hold be kept upon the executive than
when reckless expenditures are voted without reference to
the size of the income
In dealing with public funds, however, there element
which does private expenditure which certainly
friend Wilkins McaWber could take consideration.
This the power of borrowing Every territory has
right borrow, the Organic Act limits borrowing powers
The loan should only be used public 1t
absurd attempt extensive public improvements
the income of small community such this The effort
however, has been made during the last biennial PERIOD and the
result has of course been most unsatisfactory.
The legislature refused authorize Oan and the
has been that whatever public improvements
CURED have made the income and instead of
the being spread considerable time and being
borne part by those who will the improvement hereafter
that the future paying its quota well the the whole
laid the which only maniesty
unjust but which utterly crippled the and kept its treas
ury state of depletion.
Why should the whole burden of opening roads into unire
quened be borne entirely by the citizens of today? Why
should the erection of insane asylum of pentenay
the pockets of the citizens of today Other gene1
going these permanent improvements and it is
but fair that they should their quota towards them This can
be done througHa loan 10
present income and present expenditure
should be most carefully kept by the Legislature The permanent
improvements oud be carefully provided for by loan There
are countless things which will up present income without
bur1enng ii with Permanent improvements any extent In
deed we shall find that even RELOCATING permanent improvements
to loan bill Vii leave us somewhat skinny financial cloak