Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-09-12

meant when he spoke OF figuring the
interest / think In Hawaii We are
not quite. as modern as you perhaps
are In New York, Chicago and In the
East generally. We % not figure In
terest In the sense In which you
speak Of It All Of these companies
have been organized on a stick cap
itai basis and the stockholders have
paid for the stick 100 cents on dol
lar. In no plantation with which ]
have had anything directly to do has
there been any promotion In the
organization Companies have paid
up the capital; and now and again
they have miscalculated and have
found that they needed more money,
50 have gone into bond issue and fin
ished: and that accounts for the COM
paratiyely small amount Of bond is
sue here as compared with institu.
tions elsewhere There is very little
Of stfiat thing preyailing in this Ter
ritofy. We never figure on the In
terest on that investment in determ-
lining our profits. II the balance in
the profit and loss account is sufiici-
ent, we pay dividend.
Fisher: Suppose the best you could
do was to make profit of per cent
year-would many go into the sugar
business?
Bishop: / don't think they would.
Fisher: Could the figures which
Mr. Goodale gave this morning be
checked?
Bishop: Most Of the companies is
sue q report to the shareholders ev-
cry year, which are public property,
and which give the figures you wish
to obtain.
Turns 70 Governor.
Fisher: Have you given any atten.
ton TO the questions Of the duties OF
the Governor, or Chief Executive, OF.
these Islands, generally?
Bishop: j don't know as have
thought much about being Governor
DR. anything Of that sort. The most
! have thought about the Governor is
hat he has about AZ hard job here.
,r anywhere else, that know of. II
Is due to the fact that it Is q small
and everybody in the COM
nunity knows what everybody else is
LONG. In the Union, like the State
il New York, with the Governor sits
ing in the capitol at Albany. he isl
lot in reach OF all the people; here
he Governor Is pretty accessible tol
everybody. Almost every official act
9 scrutinized and criticized.
Fisher: Here you naturally have
,ertain large interests which act more
" less together, or having commonl
interests act pretty much along theI
Iame lines. Quite naturally those,
actions affect the rest of the en-
nunity. Well, of course If the charged
s-@-the suggestion has been made
lere-that your present Governor be-
ne connected by family ties, socially
md by way of certain connecticut
nth the large interests, he naturally
would be supposed to see their sidel
i the controversy?
Bishop: think that is magnified
great deal.
O. That is to say the Governor
erethat we have to find man
ere identified with one or the other
f. the Sides, or do you mean that |
here are in the community or should
e men of sufficient prominencel
hose qualificationsWho are indie
endent of the controversy and would
ct unfnfluencedf
A. / think SO; there certainly |
'ught to be. What am fighting ship Of
, this idea Of q Governor from the
mainland.
Fisher: I understand-you hesi-
ate an opinion on the real facts.
Bishop: Il realize that am being
to- ----
@. No, / don't want it to be put
hat way. want you to tell me. toi
e perfectly frank with me and tell
le what you think what + cannot
Understand and appreciate is the genI
raj sentiment In favor Of havingi
hefe-there is generRu
sar Of the appointment or appoint-
leIts am calling your attention.
; some Of the difficulties on thei
thef side. ".
Well. I don't know. Take the meni
no are usually CHOSEN for executive
ositions such as the Governor Of
Ms Territory, they are usually law
ers. We have large bar here of
Die men and they are not. connected
ith the sugar Industry.
Fisher: / notice that the attorney
n the Delegate was very careful to 1
lint out the political affiliation of
,unsel on this side and counsel on
lie other side. and they seem to think
at those acts are significant i,
A. think, Mr.. Fisher, that 1t ID
) to the administration in Washing
N to tell Hawaii she has got to pro-
ice a man to be governor Of this
erritory. have deep and rooted
.ejudice against a governor from the
ainland. don't think the govern
! from the mainland will help the
tuation out.
Mr.. Fisher: Mr.. Ashford, how do
~ feel about that?
Mr. Ashford: sympathize with the
'ntiments expressed BY Mr.. Bishop;
sympathize with them most strongly
deed; and as ! believe / expressed
! you in your office in Washington
looking over the list Of what would ]
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