The Hawaiian gazette., 1907-10-18

: der date % March S;h. lSoS. ernhodyinS
s proposition for building and operat-
I ins passenger steamer, which was
made =, the request OF 5 committee
OF the Merchants Association which
called upon Us. for which We were 10
supply the major part OF the capital
required: and although we had sssur-
sace from The committee that 3 propo-
si;ion along these lines would meet
with approval and support. 70 our sur
prise &ad reg-s, J, was not even con-
siie-si.
Again. 81 the suggestion % Mr. c. NJ.
Cooke. we, On November SIh. 1876. made
: proposition 10 him along lines sus-
ges,ei in discussion between Us; and
this proposition. TOO. met with no con-
siisration-
Answering your categorical question.
We beg 20 say that notwithstanding the
present financial situation Of world
wide scarcity o. money, We would Sp-
peal 70 our stockholders for funds 20
build : suitable steamer il a. the same
tine we were in position 20 assure
them Of the business sNpS6iency Of il
by the pledsins by your community OF
: substantial amount o. money towards
The enterprise as $ guarantee Of your
sod faith 20 support i; provided. also.
that foreign steamers were not admit
led 70 the trade
We would call your s-Isntion 70 the
t2cc that within : period OF seven
years. beginning 81 the time the Navi-
CATION Laws were first applied 20 Ha-
val We have fully met your freight
transportation requirements with 3
Zee. q Few Ans-ical-built steamers o.
the highest type OF freiEhIer. 20 the
coSr % about sleo19.o.so. and that the
TWO steamers % the feet especially de-
signed FOR the Local service struggled
along some years without profit before
receiving substantial support
There must BE Considered by anyone
contemplating entering the passenger
business these features pertaining 10
that particular trade
! That there Is s comparatively
small volume q freight moving from
san Francisco - Honolulu. and 81 very
low rates.
II That the passenger rates are
lower than in any other ike trade rs-
curing hish-clsss steamers. due 20 the
tsc- thar they were established : long
tine sSo- when steamers q COMPARE
lively small coSr we're IN the service,
and any T2c4nc space taken by island
passengers VAS - much gain the lat
Ia feature q which applies 70 the Pa
c11c Mail CO. operating larger steamers
than would D warranted in : distant
local Ss-vtce- Ehic1 takes Island pas
Ss-ss-S 81 : much lower relative ra-s
than paid for lhs greater distance 10
japan and China and these steamers
seen 70 he able % meet the passenger
Eo-o.ulu- due 20 TIE lighter travd 20
Tie Orient than from IL = loczl steam
-. therefore, would have 10 compete
II thai direction with the larger Pa
c-6c Nal ships
III Thar with the present low
freight an5 passenger rates : hish-clzzs
steamer should average 80 Salon pas
SsEs-S each ~! 70 Insure : proper
return tc- -hs investment IS vel as
: god uCudsr il Chs s-@sgs- which
mans nat japanese would have - D
taken and II passes 70 snyOrs
" TIE cos- q operating STEAMERS
has greatly increased recently ~ az
c0ul- q advanced wages paid II crews
and freight 52CE-s-s- sri hIzhz- coSt
q Al supplies and repairs Is ne are
E-uV,1<Dg ID 81 into partnership ~i-h
yo-- c-o-1-E-y Il : business enter
r-lss- - co1S5s- Il olIy fair - p--
slr rE= co-i5-i11s ~ n1s- c5lt-0lr IS
-EEF zppsE u = Eon ON experience
Il IL S-=zES151 business
AWzE-t-E yo- reply with graf IL
1z1S- : an
E1-E CElT-
G : DEARBORN.
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