Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1909-04-10

islature snail conclude to turn all
power of taxation over to the Couu-
ties, under certain restrictions, the
accounts will be rendered TO the diff
ferent Counties which will not only
be charged up with moneys that may
be advanced them under the proposed
law, but will also have handed out
to them their share of the debt al
ready incurred for internal improve
ments. |.
Coelho's bill, introduced this
morning, which has the approval of
the Administration, Is as follows:
Coelhos Bill H..
BE It enacted by the Legislature
of the Territory of Hawaii:
Section /, The County of Maui
shall pay to the Territory, on the In
tercst dates of any bonds that may
be issued by the Territory, the pro-
ceeds of which shall be expended for
the construction OF the Kula pipe
line, interest upon an amount equal
to the par value of the said bonds at
the rates specified in said bonds, and
also such sum annually on the sec
ond such interest date and the SAME
date each year thereafter. during the
terms for which such bonds are is
sued, whether afterwards refunded
or not, that the aggregate of such
sums so annually paid. will, COM
pounded annually at said rate of In
terest, equal at the expiration of said
term said par value, and the Auditor
Of the Territory is hereby authorised
to deduct from the amount OF any
warrant or warrants otherwise issu-
able by him to the Treasurer of said
County. such amounts when due as
are required by this Act to be paid
by said County, and proper receipts
shall thereupon be exchanged be-
tween the Treasurers OF the Terri
tory and said County; provided, that
said County may at the option of its
Board of Supervisors pay on any such
interest date such sum as will with
the accrued value of the amount
previously paid, other than interest,
equal the amount so issued at par,
and thereby discharge all Its obli-
cations created by this Act, and the
sums SO paid In final settlement shall
be deposited to the credit of the
sinking fund provided for by Act 81
of the Laws OF 1907 In addition to
the amount required to be so depos'
tied by said Act. De
Said County may take over the
said pipe line upon its completion
and receive the revenues thereof sc
long M 10 mikes no default in III
obligations created by this Act ant
properly maintain said pipe line a
its own expenses
Action Deferred
After considerable discussion, nc
ton on the whole business was de
ferred until Tuesday afternoon next
when, at 2 o'clock, the Senate will
again get down to business in Com
mlttee of the Whole.
Senator Falrchild. under suspen
sion OF the rules, introduced a bl!
providing for an additional property
tax, the money to be expended In In
ternal improvements. The bill pass
ed first reading and went to thu
Ways and Means Committee.
House Bill No. ITO. which pro
yides for the refunding OF the bond
ed Indebtedness OF Hawaii, passe'
It's third reading by unanimous con
sent.
House Bill No. 1T, regulating tn,
erection OF factories, workshops, 20
shops, boarding houses. and SO forth
: passed third reading by unanimou
consent. This bill was framed 4
take the place Of the boarding-caml
measure which was vetoed by tn
, Governor.
Action on Coelho's health bill wa
deferred until Monday afternoon
when II will he considered In Com
mittee of the Whole.
, The Senate was Of divided opinion
with regard to the ACCESSIBILITY o
, raising the pay Of the employees O
, the County OF Hawaii.
Not Political
Makekau said that It was not
Question of party politics with th
. Hawaiian delegation. The member