Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1912-04-29

Honolulu is prone to look for all
the dangers of the future and not give
sufficient attention to the opportuni'
/ ties and reasonable Certainties OF pro-
gress. This is one of the things that
holds the city back and II Is very
/ much in evidence in the business sit.
uation of today.
1t is now pretty well assured that
there will be no tariff legislation ruin
, uusly lowering the duty on dugar dur
| ing the present session Of Congress.
| In fact, II Is one of the things that can
| be accepted as certain as anything
| In legislation can be. The informa'
| ton comes from Washington, from
! Democratic sources as well as Repub'
| lican.
Having lost this factor TO worry
about, the so-caled ultra cOnserva
lives are now contemplating the pos
| sibility of Democratic victory in
! The Fall, and the capture of the Presl'
! dency and the Senate and House by
the free sugar party. This line OF
| thought is forced by the terrific row
| that is on between TAFT and Roosevelt
in the Republican party. And men
hesitate and hold back in more than
one line of investment. Because of the
old bugbear OF free sugar.
The Bulletin believes in conserva
| tism but It feels certain that so-called
conservatism is carried to ridiculous
extreme In many instances. II indi
Gates that some. if not much, of the
courage that built up the sugar in
1 t,, hn hng Innn ri oil
and we have men who are more con
tented to sit snugly on their piles OF
money than to go forth ana brave
the future and build for Hawaii as
they did and have done In the last
forty years.
In the estimation of this paper the
men who believe in Hawaii are the
ones certain to win.
. II lower price of sugar is feared
certainly there is no doubt that the
| future of Honolulu Is established be
yOnd a doubt, by the operations OF
the Federal government II nothing
more. Sugar will not die and mean
while an increasing number of Amer
leans are learning of Honolulu and
| Hawaii. more steamships and more
people are stopping at the port. And
II u climate has built up other sec
tiOns of this country. It can be de
pended upon for a great deal In these
islands.
A few days ago an old resident Of
Honolulu killed himself and among
his effects was evidence of his having
invested in land located in one OF
the much.boomed sections Of Canada
that is worthless. That man, no doubt
sent his small savings abroad because
he had heard SO much of the talR
near at home about the clouds In the
skies OF Honolulu's future, tall
fathered by the conservatives, so ht
sent what little money he had out o.
the islands. If he had invested in the
cheapest sugar stock or the most dis
tant outside lot of Honolulu real es
tate. he would have been sure Of
getting more than his money bach
7 and chances in favor of an income
Many a person has certificates in OF
and mining propositions on the main
land that are nothing but monuments
to the influence of the ultra conserv
alive" discussions of the future of Ho
nolulu and Hawaii.
| If the little fellow could look arounC
underneath he would find that RICH
now while conservatism is in the air
some of those who speak the mos
obviously of the future of the suga
industry or of Honolulu are on tn,
watch for real estate and "pick-ups
in the sugar market.