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 de1s Issue. Fer the
most oDulent.sof them ALL the Cham
hel Of Commerce., las decided that
IL cannot AFFORD to pay the ANIMAL
amount required. At the meeting of
directors of the Chamber yesterday
mittee on building, consisting of T..
H. Paris, f. W. MacfarianeI FL 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 $4,000
and the purchase Of the Spreckels lot
on the southeast corner of Merchant
and Bishop Streets, $4,000 square feet,
at a cost of 100000. This would re-
quire gross rental aggregatihg
about $25,OO0 annually. The rentals.
needed would be 81 a square foot on
the ground floor and 40 cents on the,
fourth floor. IA
Mr.. Spalding's letter in reply stated
that the present rental paid by the
Chamber was $50 a month, while the
income was limited and pledged
largely to various important matters
of public interest. II doubt If the
Chamber" wrote the president, sun
til its membership and resources are
largely increased, could safely under
take a pay higher rental than $100I
per month. The other commercial
organizations are probably in the
same position and It 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 '1tI
is certainly very large project, while
it would be very desirable consum-
nation The scheme was initiated byl
the late president. James F. Morgan.
but it is very large contract and
should be considered only with the
greatest deliberation."
Mr.. Tenney asked what was the
Chambers income, and Secretary
Wood answered about $3.50 month, |
or $4,000 a year, not including the !,
shippers wharf tax.
The president stated that the reg
lIlar 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 infiu-
ence it yields at home and abroad.
il would be well to start a canvass
Tor members.
Mr. Tenney then moved that the
of the president be
ratified and approved, which, being
was carried unanimously.
;aqqar Asks Aid.
/ Professor Jaggar's appeal for aid
N volcanic research to the extent of
$1,000 a year additional having been
-ead, it transpired in the ensuing con-
tersation that the contributors to the
5000 now sustaining the station iT
5luded the c. NJ. Cooke Estate, the
nter-Island Comaany, the HiIo Rail-
Dad and the Volcano House Com
Jany.
Mr.. Tenney promised $500 for his
firm, saying the work was of no par
ocular benefit to us, but was of sci
.ntific value 1t was also good adver-
ising and might increase the number
# tourists
Mr.. Cooke, treasurer of the Re
'earch Association, observed that all
hat Professor Jaggar wanted was thel