The Hawaiian gazette., 1916-04-04
No Properties In United States
Or Any Other Part Of World
Better Conducted
EVERYBODY CONCERNED
REGARDING TARIFF LAW
Growers As Rule Are Using I'M
mense Dividends and Reser-
. YES To Improve Plants

Henry 81. Goar, who expects to leave
for the Coast by, Matsonia, after a six.
week IS stay in the Islands, has again
proven his friendship for the Islapds
and his interest in the welfare Of Ha-
wall, in stating everywhere that there
are no properties in the United States
or any part Of the world better con.
Quoted or more eonservatively managed
than the sugar plantations in the Ha.
waiian Islands. x +. 81 I. tn
In reviewing past and probable con
ditions for the future, Mr.. st. Goar en-
pressed firm belief that the raw su.
gar market undoubtedly will continue.
to show mp good for several seasons to
come and hopes that with the fnnl
settlement Of the tariff question, the
minds Of the people in the Islands az
well as in the mainland win become
satisfied with the ultimate outcome. /
Upon his return from the Island of
Maui, he emphatically stated that there
is no plantation in the world that can
compare with the Hawaiian CONNER.
cal and Sugar Company. II not only
has the very best results in the produc-
ton of the raw material but also de.
votes great deal of its attention to
humanity work, making the laborers a.
happy and satisfied in their little homes
as any place in the world could provide
for them Har ~
When asked about the valuation Of
prices of the different stocks, he said.
81 am willing to say that prices are
always based on the earning powers;
and predictions whether they will 20
up or down arc not in my sphere of
prophecy. All the plantations / have
visited are managed in an excellent
manner and the stockholders are well
protected through keen supervision by
the agents. az . a.rI
Prosperity In Hawaii d.. .
"I have never seen q more prosperous
time in the Hawaiian Islands than now
and my sincere hope in leaving is that
good fortune will always smile upon
this one of the finest spots in the
world - - .".|
> In this connection, The Christian Sci
ence Monitor of recent date contained
the following editorial comment under
the caption Hawaiian Prosperity -;
"Few Americans are so much interest
ed in the prospective repeal of the free
sugar clause of the Underwood Tariff
Bill as are the people of Hawaii, from
the owner of the great sugar plantations
down to the humblest toiler, Japanese
or native. When this law was made
operative in its general provisions an
opportunity was given to sugar produ.I
GERS to adjust themselves to the com
ing change, and the Hawaiian planter
tried to do so, but they did not manage
to avoid piling up reserves of stock,
for which market was lacking. Then
came the war, and with it a demand
which has rid the planters of their acN
cumlated store and Of this year 3 crop,
at prices which have brought the value
Of the 1918 exports up to $65, 600, 900
Out of this a limited number Of the
companies admit having paid dividends
Of more than $4,000, 900, and having on
hand cash surplus of almost as mnch!
which is to be distributed as soon az
the free sugar bill is a law. ~
Planters Improve Properties
"Since they are progressive and we'll.
educated men of business, the Hawaiian
planters, Of course, are using some of
their gains to bring their properties on
the producing side up to the point OF
superexcellepee. Usually much interest.
ed in the welfare of their workers, they
will Also, no doubt, feel under obliga.
tions to share their prosperity with the
variety Of people, drawn from Europe.
Asia and the lands around the Caribbean
who form the wage earning group Of the
islands. But after all this is done there
will be an increment of wealth. with
interest on the capital invested bring
ing dividends ranging from six to thir.
ty-six per cent, which must have an,
outlet Some of these funds, no doubt,
will find their way to the mainland for