The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-04-07
Considerations on the Propriety of Establishing
Colony on One of the Sandwich Islands.

paid by the East India Company at
Canton for their investments, Is IN
specie. This specie is presented in the
Chinese market under every possible
! disadvantage. 1t is purchased IN the
English bullion market, subjected to
the multiplied expenses of two or three
times landing and re-shipping, and it
is then transported to Canton by a
voyage exceeding 10000 miles in dis
lance, and demanding from to
months in it's prosecution. Under such
circumstances, it is not to be doubted,
that it costs the company at least
double its nominal value at Canton.
A portion of this disadvantageous ex-
portation would be obviated by this
new colony. The colonists would oo-
tain a very large credit in China from
their importations of furs, naval stores,
etc, beyond what they would require
to vest in commodities, and would very
gladly complete the circle Of their COM
munications with the mother country,
by accepting the company's bills on
terms mutually advantageous. The
progressive growth of this resource,
interesting even in it's infancy, would
become peculiarly so, when the, in
creased itercourse with the Spanish
colonies in America should open that
rich and inexhaustible market for East
India manufactures and productions,
with which accordingly, instead OF
bills, the company would soon purchase
this accommodation. Without an in
termediate establishment, our East
India possessions, situate SO far to the
ri
obtaining this vent for their produc-
tons; the supply of tie Spanish col
onies would either again revert to the
Philippines, or pass to the Dutch
islands; by means of it. our activity,
capital, and superior maritime resour,
ces, would secure to US its almost ex-
elusive possession.
g. The necessity under which all ves-
sells bound for the Pacific now labor,
of equipping in England for two or
three years, is one of the greatest
hardships imposed on them, and would
be- by means of this settlement, obyia-
ted. In voyages of such duration.
more stores are expended by rot than
by service, and of those which remain
to be brought into use. half the eff
cheney is perhaps cancelled by want of
some corresponding article of equip
ment. The obviating this embarrass-
ment is not less q military than a COM
mercial object: and in the event of q
future war with either of the Americas,
with Spain, with Russia, with China,
in a word with any conflicting interest
III that hemisphere, may prove OF an
Importance it may be impossible too
highly to appreciate, and proportional
only to the stake for which we may be
called on to contend.
It would be very easy to extend this
enumeration to an indefinite length;
to include in it the extension Of hydro
graphical science, the communication
of the instruments of luxury and con-
venience to the rude nations of the
Pacific the consequent increased de-
mand for our manufactures, with many
| other objects of equal Importance TO
| this country. But if / am correct IN
| what 1 have already advanced my
| argument would acquire no additional
| strength from such a trespass on the
| attention with which I hope to be hon
| ored. I win only solicit permission to
| make one more remark. These COM
| mercial advantages are only calculated
| on the Improvement of already WELL
/ known objects of mercantile specuIa-
| ton; but it is beyond a doubt, that the
| establishment Of a vigorous and en-
| terprising colony on the spot would
| soon create or elicit many more. The