The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1905-12-23
mail Special to the Advertiser.)


@WASHINGTON, D. c., Dec. All
the arrangements for the issuance OF
} more Hawaiian bonds are complete.
The necessary papers have been signed
and are in a big bunch at the Interior
Department, together with long state
ment from the Territorial authorities
as to what the issue of bonds is for.
Secretary Atkinson has been over in
New York all the week and probably
has already communicated to Honolulu
from there any important moves he has
been making with reference to the sale
of the securities. He talked this morn
ing over the long distance telephone
with an official at the Interior Depart
ment, stating that he expected to be in
Washington this Saturday evening.
The letter of Secretary Shaw to Sec
retary of the Interior Hitchcock is pos
sibly the most interesting of all the
documents. 1t is dated December z,
has just been made public, and reads
as follows:
81 have the honor to acknowledge
the receipt of your letter of the first
instant, suggesting the advisability OF
accepting as security for public de-
posits the third issue of Hawaiian
bonds amounting to $250,O0O at 312
per cent. to be dated January 2, 1906,
which was approved by the President
on the 28th ultimo and to inform you
that the department Will accept these
bonds as security for public deposits on
a basis of 90 per cent. of their par
value, whenever further deposits may
be made and that such bonds may, at
any time, be substituted for United
States bonds now held as security for
public deposits on condition that the
United States bonds released be used
as security for additional bank note
circulation
The understanding at the Interior
Department is that Secretary Atkin-
son has made entirely satisfactory ar
rangements for the sale of the bonds
of this third issue and that that part
of his errand to the mainland is as
good as completed.
Judge Hatch has been busy this
week preparing for his winters work.
He has been diligently renewing ac
quaintances with his old friends but has
outlined no program yet or taken up
any specific tasks of Importance be-
cause of the early stage Of the session
and his brief residence here. Today he
moved from the Willard Hotel, where
he has been living since coming to
Washington, and is installed with his
family at residence on 1 street, near
Sixteenth.
Mr.. and Mrs. Augustus F. Knudsen,
of Honolulu, and Mr.. E. 4. Knudsen, of
Kauai, are registered at the Arlington
Hotel, Many friends in Washington
have called there to see them.
The Ship Subsidy bill, which con-
tains a large subsidy for the Oceanic
line, whose ships touch at Honolulu, as
well as subsidies for other Pacific lines,
will probably be before the Senate be-
fore this letter reaches Hawaii. The
bill will be speeded as much as possi-
ble in the Senate and there is talk
about it passing in that body. Proba-
bly, that is very doubtful. But there
are powerful influences behind the bill
and the approval of the measure by the
Senate would give it better status !
hereafter.
The death of Senator Mitchell and i
the resignation of Senator Burton, of
Kansas. from the committee on Pacific
Islands and Porto Rico, will ensure Ha-
waii having some new senators to con
slider measures in behalf of the Terri !
tory which go before the Senate. The
Committee on Committees is making up /
the lists but it is not fully decided yet