The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1909-04-12

BtJ ITO luOhtg vi hOilolllN ~ "CeiN
have to register its warrants,
President Smith appeared to favor
the idea, saying that in a time or
stringency it might be impossible FOR
the Territory to sell the territorial,
municipal or industrial bonds held as
security for deposits.
Knudsen thought it would be a
mistake to tie up fifty per cent OF
public funds in the treasury. 1t might
even produce the panic to which ref
erence was made. He thought it an
unwise amendment.
Moore thought it was the people
whom they represented, rather than
the financiers, which should be pro-
tected.
Fairchild would like to have more
time to consider the point raised. 1t
was a mistake to suppose that there
was no danger ia panic here wnen
the recent one occurred on the main
land. Only heroic action on the part
of the bankers avoided serious trou-
BILE. They were pretty close to the
buzz saw. He moved that the bill be
deferred until tomorrow. Carried.
The Honolulu water and sewer
works will came up again.
Makekau moved an amendment 20
strike out "the extension and i'm
provement" He did not think it
right to give the power to enc man,
the Superintendent of Public Works,
to construct new water works wher-
ever he pleased. Out OF the revenue
he could dig a new well out at Wal
Fiki or buy Charlie Booths water
rights in Manoa valley.
Moore thought the member from
Hawaii misconstrued the intent OF the
bill 1t first provided for paying in
terest on the debt incurred for Ho-
nolulu water works, then for the
principle and lastly for improvement
and extension. And why not? There
was a lake out at Kaimuki as big as
the reservoir itself caused by the leak
age of 25O,0O0 gallons a day.
Mccarthy agreed with the mover OF
the amendment. If the bill passed
in its present form, its ostensible pur-
pose Of forming a sinking fund would
get nothing. The whole net revenue
would go to building improvements
and extensions. 1t would be better. to
turn the water works over to Homo
lulu and let it handle the revenue and
make the necessary extension.
Fairchild contended that it was
doubtful if the works could be turn
ed over to the City and County until
the Organic Act was amended. In
the circumstances the application OF
the revenue in part to improvements
was proper. Let them not ball mat
ters up at the present stage but pass
the bill.
Robinson would favor turning over
the Honolulu water works TO the city
where were turned over to the coun
ties in which situated.
President Smith argued that if ex,
tension and improvement were left ou
they should appropriate money fol
that purpose. If the authority to the
Superintendent with the approval o.
the Government be abused within the
: coming period, the law could b.
/ amended two years hence. Honolulu
\ was growing and under the proposed
\ amendment, unless other provision
R were made, the Superintendent coulC
y not lay pipe to a new residence
\ quarter or a military camp.
Knudsen thought the difnculty coulC
y be removed by setting aside not les
X than 10 per cent of the gross receipt
y for a sinking fund. He moved al
X amendment accordingly.
Z Smith opposed this amendment
y With the growth of Honolulu thi
4 restriction would cripple the author
y titles.
Y Coelho had Investigated HonoluP
4 from end to end two weeks before tn
y session and was satisfied that none
X granted to the Superintendent undo
Y this bill would be>well expended.
* Robinson moved an amendment
N effect reversing the order of object
W 1t placed extension and improvement
W before the liquidation of indebted
W ness. q ~ ~
~ Mccarthy was strongly in favor {
M the amendment proposed by Knudsel
w Makekau was alone in voting fC
U his own motion.
M Knudsen's amendment carried.
Robinson's amendment was lost
l. AS amended the bill passed on Il
following vote
Ayes-Baker, Chillingworth, Coelh
te Fairchild Harvey, Knudsen, MEGA
thy, Moore, Quinn, Smith, Woods
Noes-Brown, Kalama, Makeka
Robinson.
IN House bill to prohibit the sale
k. certain iced fish passed third readil