Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-06-02

notable fact that the travel between
those islands is very high. more so
than | know of In any part Of the
United States. could not say the ex.
act cost.
Mr. Goulder The stsepship- bust.
jnSss. SO far is pabs}n&ef are con
cerned, Is real AlJhAb&Y.. is 81 notf
MIR. Kalanianaole. Oh. there is no
question about that.
!. Mr.. Goulden. In and around
throughout the different islands. As
I understand II. one line of steamers
control the passenger traffic.
Mr.. Hamilton. II the gentleman
viii permit me, will pass on to the
next section. Section So Of the act is
hereby amended to read as follows:
Sec. 50. That appropriations.
except as herein otherwise pro-
vided, shall be made by the legis-
lature
We have stricken out the word
biennial" The word biennial" was
in the original act in section So The
reason for that il this: As matter
OF fact II is stated the appropriations
are as rule made only at biennial
sessions, and the question has arisen
whether appropriation may be made
at special sessions or may be made
at the second biennial session for the
remainder of the biennial fiscal period
not then expired, and this Is simply
to remove the possibility of tech.
meal construction.
Mr.. Goulden. The sessions are held
biennlally, are they not?
Mr.. Hamilton. Yes.
Sec. 4. That section SO of said
act is hereby amended so that the
part thereof relating to public in
. debtedness, and beginning with
the words nor shall any debt"
shall read as follows: Nor shall
any debt be authorized to be con-
tracted by or on behalf of the
Territory. or any political or mu-
nicipal corporation or subdivision
thereof, except to pay the interest
upon the existing Indebtedness. to
suppress insurrection, or to pro-
vide for the common defense. ex-
cept that in addition to any in
debteduess created for such pur-
poses the legislature may author
ize loans by the Territory, or any
such subdivision thereof. for the
erection of penal, charitable. and
educational institutions. and for
public buildings, wharves. roads,
harbors, and other public improve
ments, but the total OF such In.
debtedness incurred in any one
year by the Territory or any such
subdivision shall not exceed per
centum OF the assessed value OF
the property In the Territory or
subdivision. respectively. as shown
by the then last assessments for
taxation, whether such assess.
ments are made by the Territory
or the subdivision or subdivisions.
and the total Indebtedness OF the
Territory shall not at any time
be extended beyond per cent OF
such assessed value OF property
in the Territory and the total In
debtedness of any such subdivis-
ion shall not at any time be ex-
tended beyond 3 per cent Of such
assessed value of property in the
subdivision, but nothing In this
act shall prevent the refunding of
any Indebtedness at any time; nor
shall such loan be made upon the
credit Of the public domain or any
part thereof; nor shall any bond
or other instrument Of any such
Indebtedness be issued unless
made payable in not more than
thirty years from the date of the
issue thereof; nor shall any such
bond or Indebtedness be issued Z
or incurred until approved by the
President OF the United States:
Provided, that the legislature may
by general act provide for the
condemnation of property for
public uses. including the con-
domination of rights Of way for
the transmission Of water for ir-
rigation and other purposes"
ITO be Continued.)