The Hawaiian gazette., 1905-01-20
frrom wednesdays Advertiser)

Congress that was resumed yesterday
has but two months to run and every
body who wants something done Is
getting very busy, lest the time be ex-
hausted before Congress can be per-
suaded to act. Secretary A. l.. c. At
| kinson is back here from his success
| full trip to New York. He is establish
ed at the Albany Hotel to remain for
several weeks, according to authority
cabled him from the islands. This is
very gratifying to officials here, who
believe that he can be of great service
to the Territory. Delegate Kalaniana
ole has returned from San Francisco,
where he went to accompany his wife
| to Washington. They are settled at
| the Dewey Hotel on l. street, near
Fourteenth. as is Mr.. George B. Nc
| Clellan, who went to New York for a
short trip during the holidays. Mr.. J..
G. Pratt has transferred his residence
to the Richmond Hotel. Mr.. Alexander
Young went to Danbury, Conn, during
the holidays for visit with his old
| friend, DIR. w. c. Vile, where he had
a delightful time and enjoyed his first
sleigh ride.
| JAIN AMI flE>alNSlEINos
Jack" Atkinson brought an interest
Ing story back from New York about
his contract with the leaders of 'Fren-
zied Finance" The outlines of it, how
ever have been told in his cable dis
patches to the island authorities. He
was i'll for several days with severe
cold, but brought his negotiations to
very successful termination, as judges
look at 1t here. He had the bonds
printed before he left New York. and
they We're started on the way to Homo
!, lulu to be signed. 1t was intended
they should go by the Alameda, but 1t
is thought that they missed that boat
by few hours and probably will go
I, forward on the same steamer as car
|, ries this letter
: Those New York financiers are great
at dickering," said the Secretary today
:. at his hotel apartments, while he was
consulting book on bond rates that
some Wall street house presented him.
81 found it difficult to secure straight
forward serious offer from them. They
wanted to make a higher figure than
they expected to get, counting on my
, coming back at them with counter
II proposition. Well" he added, II am
; content to leave future negotiations in
| bonds for somebody else. But / think
, the rate is pretty good. 1t is better
r than the figure secured for our last
issue of bonds by about s37.5OO. That
, was worth coming to New York for.
"As I have already explained to the
officials in Hawaii 1t is always an ad-
vantage to sell bonds above par II
fetches more, as the dealers in bonds
say, whereas a bond that Sells under
par must be disposed of at q relative
disadvantage. / have also tried to ex-
plain In Hawaii how important it is
to sell all of the bonds. The buyers
want control of the particular issue in
question and are willing to pay more
provided they are to have such con-
troll, than they would otherwise be will.
ing to pay"
Mr.. Atkinson says that the most OF
the bonds will go to banks, where they
can be used at even a greater advan-
tage than the same amount of Govern
ment bonds.
HONOLULU HARBOR MATTERS.
Ever since he reached Washington
late last week the energetic territorial
secretary has been busy with a lot OF
matters of Hawaiian interest. He has
had another interview with Secretary
oil War Taft and discussed with hin
the Importance of having an appropri.
alton for Honolulu harbor. The Sec.
rotary of War is going to help him In
every way possible, by personally see.
ing Chairman Burton of the House
Rivers and Harbor Committee, and al
SO by seeing other Senators and mem.
bers, influential in shaping that legis.
lation.
when Secretary Tart asked me how
much money we wanted Immediately
for our harbor," said Mr.. Atkinson to-
day, II told him s25O,O0O But I am fire,
to say that l am going to work frs
and foremost for the authorization o.
project I do not propose that W,
shall lose that advantage at any rate
or course we are going to try to gel
some money, too, but I learn that Il
is of supreme Importance to secure au
thorization for the project.
SAM JOHNSON,S COMPANY.
He also discussed with Secretar,
Taft the possibility of having Homo
lulu's crack militia company ordered
on here to participate in the Inaugural
ton. Mr.. Taft was doubtful whether
he had any authority to order the mi
litia here and asked Mr.. Atkinson Il
show him what provision of law, 4
any, could be cited to warrant 1t. Mr.
Atkinson forthwith went on hunt TO
the provision, which is in the Dicl
militia law. and which he believes will
justify the President in bringing tn
militia from Honolulu, II he is Willing
to incur the expense.
Mr.. Atkinson is also furthering hi
inquiries with reference to the suppl,
of beef from Hawaii to transports. HI
has taken the matter up anew with
Secretary Taft who has written add
tional letters. calculated to help thu
situation.
COMMISSIONER SARGEANT COM
ING.
The Territorial Secretary has had 1
conference with Immigration Commits