The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-05-16
COMMERCIAL NEWS
Continued from Page Four.)
Financing of immigration.


Through the imposition of a special
income tax, approved by the last Leg
islature, there will be approximately
$4,000 available by July 1, the begin
ming of the next biennial period, for
the purpose of stimulating immigra-
ton. The entire revenue from the spe-
cial tax for the two years will be
about 100000. $685. of which, under
the provisions of the law, will be avail
able for immigration purposes. Be
cause of the readiness of the corpor-
ations to meet the special tax, 1t is
estimated that the $4,000 will be
available for the prompt carrying out
of the plans of the Territorial Board
of Immigration.
Assertions to the contrary notwith-
standing. it is an acknowledged fact
that general dissatisfaction has been
expressed with the services rendered
by Mr.. Trenor at New York, and while
the failure Of the results to come up
to the standard expected is attributed
more to the difficult conditions with
which Mr.. Trenor had to deal, it has
all helped to bring about the belief
that it would be the part of wisdom
to send a local man to Portugal
rather than rely on the New York
agency. The selection of A. J. Camp
bell for the mission has been follow
ed by the systematic gathering OF
data bearing upon the situation in all
it's aspects. It is possible that Mr.
Campbell will be provided with an as
sistant, and nothing will be left un-
- 41ao
suits.
For the present, at least. it is un-
derstood that the attempt to secure
Italians in any numbers will be left
in allegiance. In the Portuguese the
Territorial Board of immigration Is
dealing with a known quantity, who
have proved their worth as citizens
and as recruits to the ranks of labor
o. r. & L. TO Pay Taxes.
The adoption of the county control
system by the late Legislature has re-
suited in conditions that. leave the
Territorial finances in something of a
tentative state. and, in the opinion d
many, considerable to be desired from
the standpoint of the rules of the sci
enee of public finance.
AS consequence it has been vel
come information that the exemption
period covering the property of the
Oahu Railway and Land Company has
iapsed, and thai the treasury will be
improved by the receipt of the taxes
on an assessed valuation of about So
100000, This will bring about $4,000
into the hands of the government, and
p JC dnd r
as welcome as the collection of s32 ,00(
judgment against Cotton Bros. & Co
for the loss of a Territorial dredge
at Pearl Harbor.
All indications point to the success
full conclusion of the negotiations
pending between the trustees of the
Bishop Estate and the Brewer Estate
in connection with the proposal tt
erect a modern business block upoi
The site now given over to Bishop
Park. The details Of the plan are still
in embryo. but it is understood thai
the idea has been under serious con.
sideration and that Honolulu will soor
have another fine building.
| The real estate market has been il
| keeping with the general quietnes!
| that has prevailed throughout tn,
week. The Hawaiian Trust Compan,
| states that a corresponding decreas,
| has been noted in connection witt
| real estate business. The approach o
| the vacation season, however, has re
/ suited in a number of desirable home!
being available for renting. The firm
| having real estate department repor
that they have received a number o
| inquiries for dwellings from govern
| ment employees. A healthy tone il
| prevalent, and a number of realty in
vestments under consideration will as
sist in the general lines of progress.
Large Pineapple Shipment.
The Importance which the pineapple
| has attained in the list of Hawaiian
| products is wei shown by the shir
| r1ert that will so to san F'rancise
| Tuesday on the Hilonian. 1t is tn
second largest shipment of the came,
| fruit that has ever been sent to tn
mainland. The Matson boat will includ
in its cargo $4,000 cases, which wi
| receive prompt handling and distri
| button when they reach California