Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-07-18
IN THE WOMAN'S WORLD
SENATE o. KS BILL
tcon.inu.d. from E.s. y
issuing capital in excess OF $3.5O0, 900
stock and $3.500.000 bonds.
Amendment Meant Delay.

stock and $4,000 bonds
Amendment Meant Delay.
Mr.. McCrosson, as he said in Star
Bulletin interview the day he return
ed, did not like the amendment - not
because it would do the company any
particular harm, as ii needed only
100000 capital altogether. but be-
cause if adopted by the Senate It
would compel sending the bill 60 con-
ference and thus delay 1t.
Mr.. Thompson, being asked If work
on the ditch would start Immediately
after the bills approval by the Presi-
dent, said there would have TO be a
good deal OF preliminary surveying
done, as we'll as some preliminary
financing before actual construction
could begin.
News of the passage of the bill by
the Senate, Judge Wilder said, would
be wirelessed to Mr.. McCrosson. The
firm had not, up to that time. received
any message from E. M. Watson,
whom Mr.. McCrosson left in Washing
ton to watch the bill.
The Committees Report.
In the report of the committee on
Pacific Islands and Porto Rico upon
the bill, presented by Mr.. Lorimer
in the Senate on March %, the pre-
amble to the concurrent resolution of
the Legislature of Hawaii transmit
ing the bill to Congress is quoted,
also information contained in report
made by Governor Frear at the re-
quest of the Secretary of the Interior.
Conclusion of Report.
The report of the committee con-
cludes as follows:
/. THE bill under consideration au.
thorizes an association OF individuals
in Hawaii, their assigns, or such cor
poration as they may organize, to
construct, under proper restrictions
and suitable regulations, this improve
ment to place under cultivation sew.
eral thousand acres of land which
now are of little value. The grantees
are given q leasehold of so years at
an annual rental of 81 per acre on
the land to be improved in order that
they may be assured financial re-
turn which will Justify the proposed
investment. The right or the grantees
to issue bonds to provide funds for
the construction of the contemplated
is limited in the amend
ment proposed by your committee to
an amount not to exceed the actual
cost of construction of the ditch and
other plant and appurtenances. and In
any event not to exceed s., SOC, 600.
100 Miles Long. :.
.''The ditch for which provision is
made by the bill is to be 100 miles
long, with a minimum capacity of
100. 000, 900 gallons of water per day,
sufficient to irrigate $1,000 acres Of
land, and is estimated to cost $3,25O.-
900. When completed 1t is expected
to increase ten times the rental value
of approximately 10000 acres of pub
lie lands; and at the end of the lease
hold period the land brought under
cultivation by this Improvement. and
now described as desert will revert
to the Government of Hawaii, with
out cost, in the meantime having in
creased in value twenty-five fold.
Territory Protected.
Provision is made in section 49,
that the Territory of Hawaii may at
any time after 10 years from the COM
pletion of the project take over the
ditch with all of its appurtenances
on the payment of a sum equal to the
cost of the Improvement plus 20 per,
cent of such cost, the amount to be
determined by arbitration provided
for in. the bill It is also provided
fsec. 49, that at the end of the so
year leasehold period, or sooner If
determined, the ditch and other plant
and appurtenances shall revert to and
become the property of the Territory
of Hawaii without payment therefor
and free of all charges, expenses,
liens, or obligations whatsoever.
"Inasniuch as the rights of the pub
lie are carefully safeguarded in the
bill, the committee recommends its