Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-07-11

So far as upkeep from rentals from
the owning bodies are concerned, the
commercial building proposition may
be deemed a de ~ ISsIe. Fer the
most opulent of them all. tie Cham
lei of .Commerca, las GecIied that
it cannot afford tG pay the annual
directors of the Chamber yesterday
afternoon, the letter OF the joint COM
mittee ON building, consisting OF Il.
II. Paris, F. w. Macfarlane, F. L.
Waldron and w f. Dillingham;, was
read together with President Spald-
ing's reply and the latter was unfa-
vorable to, action.
The Joint committee said that the
plans contemplated a four-story build
ing to cost approximately $150,000
and the purchase of the Spreckels lot
on the southeast corner of Merchant
and Bishop streets, 5000 square feet,
at cost of 100000. This would re-
-qufre a gross rental aggregating
about $3.50 annually. The rentals
needed would be 81 a square foot on
the ground floor and 40 cents on the
fourth floor.
Mr.. Spaldings letter in reply stated
that the present rental paid by the
Chamber was $50 month, while the
income was limited and pledged
largely to various important matters
of public interest. Il doubt IL the
Chamber" wrote the president, .'un-
til its membership and resources are
largely increased, could safely under
take a pay a higher rental than 800
per month. The other commercial
organizations are probably in the
same position and 1t would seem nee
essary that mercantile tenants should
be secured to realize the very large
rental required"
Was Morgan's Scheme.
When the communications had been
read there ensued conversational dis
cussions on the side, the president
obtaining figures of revenue and ex
penditure from the secretary, and
when formal proceedings were re-
sumed President Spalding said: at
is certainly a very large project, while
it would be very desirable consum-
nation. The scheme was initiated by
the late president, James F. Morgan,
but it is a very large contract and
Uc Only WIFI IHC
greatest deliberation."
Mr.. Tenney asked what was the
Chambers income, and Secretary
Wood answered about $3.50 a month,
or $4,000 a year, not including the
shippers wharf tax
The president stated that the reg
ular expenses, including the secre
tary's salary, were $3.50 a month. The
Merchants Association was now pay
ing $25 a month rent, and it was un-
derstood would not pay more than
$50.
Mr. Klamp remarked: IF you in
crease the uses you will have more
revenue" TO which the president re-
piled: THAT brings us to another
increasing of our mem
bership. In view of what the Cham
Der has accomplished and the influ- |
ence it yields at home and abroad,
it would be well to start a canvass
for members"
Mr.. Tenney then moved that the |
communication of the president be
ratified and approved, which, being
seconded. was carried unanimously.
jaqgar Asks Aid
Professor Jaggar's appeal for aid
in volcanic research TO the extent of |
$4,000 a year additional having been
read, it transpired in the ensuing CON
versation that the contributors to the |
$1,000 now sustaining the station iY !
Guided the G.. NJ Cooke Estate, the |
Inter-IsIand Company, the HiIo Rail- /
road and the Volcano House Com |
pany.
Mr.. Tenney promised $500 for his |
firm, saying the work was of no par
ticular benefit TO us. but was of sci
entific value. 1t was also good adver-
Using and might increase the number
Of tourists.
Mr.. Cooke. treasurer of the Re- I
search Association, observed that all
h III PrnfaSSnr Iaopqr wanfad was thnI