The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1914-02-20
A FIGHT
AHEAD FOR
H|LO

J. L. Young and E. J. Lord Con.
firm Report That American
Surety Company May Seek Re-
lease Of Liability for Compile
tion Of the Bfeaii&ater Project
). l.. Young and Il. j. Lord, who sup.
ply tho name for the Lord Young Engi.
neering Company, returned from lilo
yesterday, where they have been going
over the situation at the breakwator
camp and at the Puma quarries.
IL was Mr.. Young VINO brought word
from Washington that the American
surety Company may try to have the
preakwater project appropriation can
eelled for good and all in order that
= may be released from its liability as
bondsman for the Philadelphia Break
water Company. Mr.. Young saws that
while il is up to Hilo to make deter.
mined fight 10 prevent the carrying out
Of this plan, he has little doubt but
that the presenting Of bold and deter.
mined front win have its effect, and
that, II the bonding company sees that
strong fight will be made. they will
go ahead with tho work on the break
water.
II not, says Young, Hawaii must
carry the fight right into conpross. If
necessary, in order that the trne CON.
dition Of affairs may be shown up and
right prevail.
''While was In Washington, / spent
fours days in consultation with the Of
heials Of the American Surety Com
Pany, = said Young 81 told them that
Hilo must fight for the completion Of
the breakwater, as that was demanded
as matter Of public exigeney
showed that the people of Hilo are
paying from twenty to fifty cents
ton for the landing Of their freight
by lighters, simply because big vessels
cannot Get the protection of the break
water. ! showed how many hundreds
Of thousands of dollars have been spcnt
on the building Of the wharf and the
dredging Of the channel into Kuhio
Bay, which will be wasted practically
IL the breakwater work is not carried
ON.
Make show Of Fight at Least.
Gas a matter Of fact. while l know
that there is really a-danger OF fight
being made for the cancellation Of the
appropriation, unless the commercial
bodies Of Hilo and Of the entire Ter
ritory show that they win offer deter
mined opposition, | believe that when
this opposition is shown, the scheme
to defeat the appropriation win be
dropped Immediately, and now my judg-
ment in the matter is that the bond
ing company will take up within If
teen days the work Of completing the
breakwater contract. -
Young shows by a few simple figures
in round numbers, just how the bonds
man stand in relation 10 the Philadell
phia Breakwater Company contract.
The amount Of the bond is $2250O0.
| The approximate cost of the perform
anee OF the requirements under the con
tract he estimates at about $550O0O.
For this the government viii pay about
$450,000. This leaves the bondsman
with loss Of only 100000,
These figures arc based on the sup
position that the b1ndsmen take up tho
contract themselves through some con.
tractor, 1t may happen, of course, that
the government takes over the contract
Itself, though this does not seem like
~; or il may happen that the govern
mont will call for now bids, whereupon
the Londsnien will be called upon TO
pay the government the difference be-
tween the amount Of the new bid and
that originally made by the philadel
phia Breakwater Company. Under these
circumstances, as if the latter method
is followed, the bondsmen take chance
of dropping considerable more than
100000, II the new bids happen to be
high, II seems Likely TO Young that
the bondsmen will take tho safer course
Of dealing themselves with a contrae-
tor, when they will be in position
10 know just what win be the amount
Of their loss.
The fact that Messrs. Lord and
Young spent several days last week
going over the situation at the break
water camp and at the quarry in Puna
shows that they are expecting to take
up the contract under the bondsmen.
Plant wm 90 Cheap.
zone thing / do Know, Aand that is
that the plant dots not acoine under
the control of the receiver, = said
BIO done with the elaborate plant which
was provided by the Breakwater Com
pany in the days Of the presence Of
the dazzling and lavish Mr.. Wood.
The plant is regarded by contractors
as being likely to be sold ut q very cheap
figure, as 1t is Of no great value TO any
one in spite of the fact that il cost
fortune, and as II u impracticabe to
take ii from the Islands. One Of the
practical mem who is directly ipterestad
ia the matter, thinks that while tho
plant is reported to have ,ostat least
100000, il is likely to be disposed Of
g.. .ka,,k AEn nnn ~. .t.'h ~ t.tt