The Hawaiian gazette., 1916-02-15
mn Id ~ . ~ kiItkJ3 y \
Al, WATERnOUSE
MADE MANAGEROF
!. EVDAU PROPERTY
ae.F s"h'l 5.ttt3Ji t.t ~ nj
WeIl-KuOwn iiOnolulan Goes To
State Of JOhore, Malaga, For j,
Y Five Years
IMMENSE TIMBER TRACT 81, i.
4 NOW TO BE DEVELOPED
Local Capital WIN Undertake cuI
tlvation Of Rubber and CO.
Il coanut Trees

ment Company, Limited, held MEETING
Saturday, at which The Waterhouse
Company, Limited, rs agents, reported
subscriptions for 100000 worth Of th,
new issns Of stock, bringing the total
issued capital up to $500, 200. There &
still $4,000 worth Of stock to be SOLD,
but subscriptions have been taken VITA.
the understanding that the eompa1,
would proceed with the plans of devei
opment as soon as the issued stocl
amounted to $500, 600. -. = y
Albert Waterhouse, who has been ab
pointed manager Of the company, vii
take up his new duties az once and viii
leave in the steamer Lurline next Tues
day for the mainland for the purpos,
Of purchasing up.to.date lumber, mn
ehihery and selecting expert mill enVi
neers. Mr.. Waterhouse will return her,
on his way to the Malay Peninsula.
where he will take up his residence. A
Penyabong, in the Endau district Of
the State Of Johore, for the next Eve
Harbor Valuable Asset -
1t was for the directors of the Eudau
Development Company that Brig. Gen
Samuel /. johnson, of the National
Guard of Hawaii, made ? visit to in
spect their property and report on the
tlmber possibilities. His report has
been inside the basis for the lumber mil
prospectus which the company has is
sued. General johnson, on his return,
reported to the directors that their har
DOT was one of the most valuable assets,
OF the concession and that its import
anee, m connection with the timber en-.
tefprise could not be over estimated
The report stated that the land wa,
completely covered with forest Of
marketable timber, averaging 10000,
feet board measure, to the acre; and,
that there was large and ready markS;
lnrthat part Of the world which would
dnce. =. &c. ~ -, . -
The company has the advantage Of
having a combination Of natural eondi
tons whereby the mill will adjoin the,
timber on one side and a wharf on Blail
Harbor on the other side, which comb
nation assures the economical handIinl
and shipping of min products.
Rubber and Oocoanut Trees
Albert Waterhouse, upon being inter
viewed as to the future prospects of hi.
company, had the following to say:
fThe plan Of the company is to erect
saw mill, install logging engines and
plant rubber and cocOanut trees on the
land after II is cleared. The. profits
from the lumber mill will be sufficient
to plant up and bring into bearing the.
entire area as il is clear I'D and leave
a surplus available for dividends.
For a humber Of years Fred Water.
nov and l have wanted to get hold Of
a PIN Of land which would have every
possible advantage to be obtained In
the Malay Peninsula and especially =,
land on which we could use steam o,
traction Plows; and it was with thai
IDEA IN mind that we searched the Ma |
lay Peninsula from one end to the 9th i
or. We have been exceptionally for
tunatey not only in finding the kind of
land that we were after, but in finding
that land adjoining one of the best har
bors in the Malay Peninsula, and the
only harbor on the East Coast access
lbie at all times Of the year; and it is
through the advantages of this harbor
giving us cheap TRANSPORTATION, that We
are enabled to develop the natural as
sets OF the land-particularly timber-at
q Proht; 80 that while we were primar. 4
lily looking for an agricultural PROPOSE
ton, u has developed into a timberj
proposition as we'll. i
Possibilities Are Great
1.-THE decision to give up Honolulu.
even temporarily as d home, has beens
very seriously. considered by me. Howl
ever, having studied the commercial DOS 4
sibilities of that country in eonnection1
with our Pahang and Tanjong Olokj
properties, having visited the country
periodically for the past eight years,
and seen the wonderful commercial DOS
abilities and development which are
taking place there, when il was sug.
gested by the directors of the company
that l should take the management,
could not resist accepting the appoint.
ment."
1.-THE little State of Johore is in the
most southern portion of Asia, being
at the extreme end Of the Malay Pen.
insula. 1t has only come under com,
pIete' British control and administra.
tinn of the British Civil Service off
eials since 1910; and the rapid deVel-
opment that has come to the Federated
Malay States at the north of Johore
is now extending over this little coun
try. @h'
The people generally do not rea lize
what rich country tie Maiay PENN
sula is. The Federated Malay States
aud JohOTe, which are under British
Rule, are about 800 miles long and 800
miles wide and contain the richest tin
deposits in the world. about seventy
per cent OF the world s tin coming
from here. The exports of tin. are
val"ed at between $4,000, 900 and $50,
100000 gold. .,
Exports Are Increasing
Since first visited Malaga, [
have seen the exports of rubber in.
crease from 500 tons per annum to z.