The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-10-28

ual in this Territory has felt the neceS-
sity of cutting expenses, owing to the
depression which has existed, occasion
ed by over-development, and every man
who would be affected by this insane
financial policy of the Democratic
party, whether his income is from a
salary or from investment, has had
both reduced to such an. extent that an
increase in the rate of the income tax
, to support increased salaries and in
creased clerks in the Government ser
vice, should make him a supporter of
the Republican policy of keeping the
expenditures within the revenues. 1t
is not justifiable to burden the people
with taxation in order to create offices,
and pay larger salaries to government
employees than obtained in the mercan-
tile community and among the people
which support them.
The estimated revenue of this Terri
tory per annum is $2,500,000 and the
salaries and payrolls bill of the gov
eminent per annum is $963,404 This
leaves for improvements and running
expenses 1898, 491 per annum. Increase
the salaries and payrolls bill, by an in
crease in the number of clerks and a
higher salary, and we have to pay for
it by an Increase in taxation. Would
any sane business man in the man
agement of his own affairs increase the
number of clerks in his employ with
cut a use for them? Would he ask and
levy assessments on the stockholders to
pay increased salaries during a period
of depression, from which the stock
holders themselves were suffering?
And yet this is the unbusinesslike, I'M
sound, unjust financial policy of the
Democratic party. as put forth in their
platform. And further the Democratic
platform says, I'VE deplore the present
distressed financial condition of the
Territory. brought about by the Re
publican element in part, by withhold
ing from circulation large sums of loan
fund moneys that might heretofore
have been made available had the de-
partments used due diligence in prose-
cutting the several works comprised in
the loan fund appropriations; and in
extravagant administration, resulting
in the issuance of government warrants
to employees and supply men, a prepos-
ferrous course whereby the taxpayers
are being daily mulcted in the amount
of interest paid on unproductive loans
on the one hand and the loss incidental
to discounting warrants on the other.
And this charge is made as part of
the thunder OF the Democratic plat
form, and not one word of remedy.
How would the Democratic party in it's
advocacy in the same platform of in
creased expenditures, in salaries and
clerks meet the situation? Would not
the increase in the rate of the income
tax advocated by the Democratic party
mulct the taxpayers in more than the
amount of interest paid and the loss
incidental to discounting warrants?'
EFFICIENT AND ECONOMICAL.
What the people of this Territory
demand and must have, is an efficient
and economical administration con-
Quoted within the revenues obtained
by fair and just taxation. In regard
to expenditures of loan fund moneys
on unproductive works, the last Re
publican Legislature that passed the
loan bill authorizing the issuance of
81, 400, 600 worth of territorial bonds for
public improvements, and passed the
appropriation bill under the loan act,
appropriating all moneys received from
the sale of bonds We're limited to GER
tain improvements as defined by the
ty did their work and did it well. is
shown by the fact that the President
of the United States approved of it,
and the loan was subscribed for at par.
Unproductive loans in what manner?
Does the Democratic party contend
that the building of rev roads. the
erection of public schools, the increased
water facilities. the erection of new
wharves and landings. as provided for
in the loan appropriations are unprod-
uctive expenditures?
Here are the appropriations in the
loan act summarized under the above
heads:
New Roads ..................s 665, 1894. 90
Public Buildings .........-.- 907,sO0.OO
Water Improvements ....... 3S1.575.00
wharves and Landings. 4S4,5OO 90
What portions of these improvements
are unproductive? And if the Demo
cratic party have an ADLER conception
than the Congress of the United States
between productive and unproductive
loans, they should pledge their candi-
date for Delegate to Congress to a
mend the Organic Act, to conform to
the productive ability of the Demo
cratic party to talk financial nonsense.
In conclusion feIIew-citizens. no argu-
ment could be made to advance the
cause of Republicanism more than the
platform as put forth by the Demo-