The Hawaiian gazette., 1915-02-12

Patronizing Of home maritime insur.
ance agencies, merchant and broker
licenses and one-eent postage were the
main subjects discussed yesterday aft
ernoon at tho regular monthly meeting
OF retail trades of the chamber Of com.
merce. In each instance, however, the
subjects went over for future action.
y. =. Paxson presided and other mem.
bers present were II. f. Gedge, b. T..
SammOns, p. A. Swift, J. L. Boyle,
+. o. Boyer, G. X. Al, Ed Towse, A. j.
Gignoux, y. w. Macfarlane and r: W.
Perkins. =
Maritime insurance came up with the
reading of letter from p. 8. w. Rams
den OF the Insurance Club of Hawaii,
In which 1t was pointed out that
though there is a movement on to
patronize home Industries and home
lusiness houses as much as possible,
Honolulu shippers diyerge from this
rule when it comes to buying maritime
insurance and were going outside Of
Hawaii. ~ =. g.,
Territory Loses Fees ., ....s #g
The letter stated that merchants who
shipped by the American Hawaiian
Steamship company were buying their
Insurance through that company, in dis,
elimination against local insurance con
Germs which could furnish the insurance
at the same or better rates. 1t was
pointed out that no shipper knew in
what company he was insured; that the
risk was assumed by the American. Ha.
waiian company; that the Territory lost
its fees and taxes on this income, and
that the commission was lost to local
insurance agencies.
The subject was a new one to most
members present. r. G. Brown OK
planned that the complaints which had
come to him were mainly that a cam
paign was being waged for home buy,
ing IN every line, and yet insurance
business was being absolutely ignored.
p. A. Swift of Henry May & Co.
stated that his concern carried all it's
maritime insurance with local concerns,
and he2eonld not see how the retailers
board eosld interfere; that it was sim
lly matter Of agents getting out and
hustling for their business. g..
Finally Ed Towse brought the dis
cussion TO close with motion that
the receipt of the letter be acknowl-
cigCd and that the club be invited to
seEd a speaker to the next monthly
meeting to explain conditions to the
board in detail. The motion was
passed unanimously.
Foreign Brokers Discussed
Chairman PaXsOn brought up the
question of merchant licenses. 1t was
pointed ont that a foreign broker could
come into the city, establish himself
in business, make IA cleanup and leave
without paying more license than the
ordinary business man, whereas the Cs-
tai lishcd business concerns must pay
lice ns"s year after year on the basis
of their earnings.
The foreign broker carries no stock,
it was Iointcd out, but sells on commits
siOns, whereas the local merchant was
cOmpo led 10 carry stock and maintain
Il permanent Investment,
1t was also pointed ont that foreign
brokers used the wharves Tor ware.
houses, where local concerns which car.
ricd stocks were compelled to maintain
warehouses and pay double cost of cart.
age. This matter was finally referred
to the legislative committee of the
chamber of commerce with power to act
in presenting n bill before che coming
session of the legislature.
Riscuasion of the one-ceQt stamp
project arose from letters addressed to
the chamber of commerce from main
land cities where the movement is be
ing pushed and from organizations
which are seeking endorsement from
civic and commercial bodies all over
the Unitsd States. Further discussion
of the question was deferred until the
next meeting.