The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-08-03
Japanese Syndicate Purchases
Kona Development Company
And the Hawaii Railroad Com
pany At Price Of 100000
FIRST PLANTATION UNDER
FULL JAPANESE CONTROL
Sale Removes Last Obstacle To
Complete Japanese Under
standing That They Are Wei.
come Here, Says Editor Sheba

A three hundred thousand dollar deal
whereby the Castle holdings of the
kona Development Company and the
West Hawaii Railroad Company be,
comes the property of japanese cor,
Poration, headed by T. Konno, of Pa.
paaloa, Hawaii. was completed yester.
day by the Henry waterhouse Trust
Company. Mr.. Konno and his associ
ates acquire full title to the properties
from James B. Castle.
This deal is Of particular Importance
to Hawaii, inasmuch as through secur.
ing the Kona Development Company a
working plantation and mill comes un-
der full Japanese control, for the first
time in the history Of the sugar in
dustry in Hawaii. The result of the
working out Of the wholesale expert.
nent of Japanese Infringement will be
watched with the keenest interest not
only in Hawaii but throughout all Am.
erica and Japan.
The terms Of the deal are private.
but II is understood that the amount
involved is very close 70 the amount
uuHuTeu LnOuSAnu
dollars. The announcement of the con
summation of the deal was made yes.
terday by r. w. Single, president of
the Waterhouse Trust Company.
Working Plantation And MN
q The Kona Development Comnany has
over 5000 acres Of land, of which about
1900 acres are in fee. An up.to date
mill is in operation on the estate and
the plantation this wear is harvesting
about 1000 tons of sugar.
The first crop TO be taken off by the
new owners is estimated at between
$500 tons and 5000 tons.
The West Hawaii Railroad. while q
public carrier, Is used exclusively at
the present time as a plantation rail.
road. .... ..... .t
The present agents Of the ,Kona De.
reloPment Company and the included
railroad corporation are HackfeId &
COmnaHy. " ffg'. .a-.s.h ~
Practical Management ..t .g..
Mr.. Konno. who heads the syndicate
now in control of the Kona plantation.
is Q well-kDowI cane planter, with
u;anw, years of practical experience in
the Territory. Concerning him and the
new management, Mr.. Castle yesterday
said, g.. 3As.F. 49, T..
t"Mr. 7. Koono. who has studied the
sugar industrv from its practical side
for the past fifteen, years. having oc.
eupied various positions in different
plantat ons. thus familiarizing himself
with the details of sugar industry, viii
now try to demonstrate how much more
efficiency can IN attained by Japanese
laborers and what economical basis %
management can be reached under his
own control and when working men
have their interest in the business.
"He believes that his KNOWLEDGE Of
the induStry and Of men who will ac.
tually engage in the fields and shops
whom he knows pSvcologieally we'll,
viii assist him greatly in his new IN
dertaking. He believes that he can
omen now page in the history of the
sugar industry of Hawaii through his
demonstrations and he and his assO
ciates can prepare the Industry for al
ve~s" '""'s'ation, should il ever have to
b" faced. I"
Jsnanese Are Pleased
The ncws of the purchase Of the plan
tntiOn bv japanese has excited the
greatest interest among the national
of Mr.. Knnno. 3. Sheba. editor of the
HawH ShinpO. in a statement regard
ing the deal. saws that he regards il
"a one more important step towards
binAing the local japanese to Hawaii
and transferring their interests from
Japan to this portion of American soil
Mr.. Sheha says:
"Mr. KoUno's undertaking is hearth
" endorsed by the progressive elements
in the local japanese community not
that berabse he Is making a new de-
PBrture in the influence Of the Jana nese
Of the Territory. but because they be-
heve that Mr.. KonnO will show his
ON cOuntrynlen and will give them a
living example that il is to their ad
vantage to invest their saving in Ha
waii instead of RENTING everything
they earn back home. His example
will demonstrate that more advanta qes
can he reaped IL they alr kept their
money where thev are. And, of course
where thew keep their money there their
hearts will he.
Permanent Settlers
"The progressive element. among the
r"rihn"t JH0anr"N are the permanont
settlers In Hawaii, and they are trying
TO persuade their fellow eouptrYmen to
follow their determination and example
NJ. Konno's undertaking is welcome
b" them rs a living demonstration of
their principle. =.
"It Is true that shOnld all, JaBa
nese 1T Hawaii keep their savings here
and invest in local undertakings. the
To"r't""v will rave at least couple
Of million dollars yearly from flowing
out Of tn" Territory. and that alone
win eORtrihute materially to the pros.
peritv of the Islands. o.
''rh". fact that the KOna Develop
ment Company has Glanced hands Rn,'
hos hc"n transferred Ia the pnssessiOr
~ the JauRn"se viii also be welcomed
nv the lapancse rs whole because
the" will now feel that they have been
admitted to the great economic family