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the maui, News
SATURDAY, APRIL 20, 1907
MAUI PUBLISHING CO.,
FINE JOB PRINTING
BOOK BINDING AND
GENERAL PLANTATION WORK A SPECIALTY.
SUBSCRIBE FOR THE
THE PAPER THAT ADVANCES
THE INTERESTS OP MAUI
POST OFFICE BOX 5'
HIGH STREET, WAILUKU, MAUI COUNTY.
TELEPHONE NO; 310
Cedar Wood for
PROTECTS COWS AND HORSES
It is guaranteed to prevent all winged insects from
annoying cattle and horses, One application protects
for at least 24 hours. y .
Do not expect the best work from the horse that is
worn out fighting flies,
Do not expect your cows to give the largest possible
yield of milk if they are not permitted to feed in peace
ANTI-FLY. PEST does not discolor a white coat,
nor does it cause the hair to become sticky.
'Ml' It v ,t II- r :
Nothing but the best of
Well Known Standard Brands
RAINIER AND PR1MO
Bottled Beers -
Island Sporting People
T. B. LYONS, Prop.
J. Do RECOfrCO., Proprietors
Livery and Bsarding Stables
HACKS, BUGGIES, SADDLE HORSES,
AT ALL HOURS OF DAY OR NIGHT
Competent and Careful Drivers. Special
attention given to Tourist Parties. Skill
ful Guides to Iao Valley and Haleakala.
:- TT I ( t -i ,i
Wailuku Lahalna Stage.
Joe Dorefio, Manager.
Hawaiian Iron Fence and
Monument Works, Ltd
IRON FENCE CHEAPER THAN WOOL
We Sell Iron Fence
Whose ynr rerotTed the TTInhfit Award.
HJotd M4t," World's k'alr, Hi. Loui.
itni mutt M-unomtcal ftmct) you cma buy,
Urieo ltM tluui rtMpttclibbU wood .Viic. W hf
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u.t Hriim vi run r ciiurj.t
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Honolulu. T. H.
J. A. HARRIS
Carriage Painting, Sign Painting,
House Painting, Koa Polishing,
Carriage Trimming, Paper Hanging.
Painter and Paper Hangers furnish
ed by the day on short notice;
PHONE YOUR ORDERS
The lead pencil is one of the most
common articles in everyday use,
and nearly 320,000,000 pencils are
manufactured in this country every
vrur, To manufacture these millions
of pencils there are required 110,000
tone, or 7,300,000 cubic feet, of wood,
so that each day in the year 300
tons, or 20,000 cubic feet, of wood
are used for pencils. Since practi
cally all of the wood is red cedar, and
Mince the peucll industry is steadily
growing, the supply of red ceder is
greatly depleted; yet no substitute
lias been found for it. Leaving out
of consideration the imported pencils,
the average educated American
?ver 10 years of age uses six pencils
of home manufacture each year. Ten
years ago he used less than five.
Red cedar has a soft, straight
grain, and when grown under best
conditions is very free from defects
Because of its peculiar qualities no
equally good substitutes for it has
ever been found, and it is doubtful if
any other wood' using industry is so
dependent upon a single species as
the pencil industry is dependent upon
red cedar. In fact, red cedar suit
able for pencil manufacture is the
only wood the price of which is alwavs
quoted by the pound.
. Strange as it mav seem, no steps
-ave heretofore been taken to pro
vide for a future supply of red cedar,
This has been largely due to a lock of
information on the rate of growth
and the habits of the tree, and to the
widespread belief that second growth
red cedar never reaches merchant
In accordance with its policy to
ward the conservation and economic
use of commercial woods, the Forest
Service has made a careful study of
red cedar and has come to the con
elusion that' it can profitably be
grown in n gions of Its development.
Several changes are recommended In
present forest management in order
to secure the desired growth. In the
southern forests the cedtr wi'l have
to be given a better chance instead
of being considered, as now, a negli
gible quantity in its younger stages,
and many of the forest-grown trees
which are now cut for fence posts
cap profitably be left to attain their
full development and ' thus become
available for pencil wood.
The Territorial Debt
In his message to the Legislature
now in session, Governor Carter ad
vocated the establishment of a sink
ing fund bv appropriating for every
future period an item which would
provide for the retirement of a por
tion of the existing debt, , which is at
presf nt $3,722,000. 'It is far better
to provide for it now," said the Gov
ernor, "during our years of compara
tive progress, rather than to wait
until it becomes a burden because of
In this opinion we concurred, be
cause it is alwavs sound business
policy to provide for the liquidation
of a debt, small or large. But the
New York attorneys, ho have ad
vised and represented the Territory
in the salo of our bonds, think dif
ferently and have voluntarily written
to the Governor to this effect, giving
reasons why they prefer provision
being made for refunding bonis and
suggesting an issuance of serial bonds
in case the Territory should again b3
a borrower. Their letter, we are
sure, will be of general interest
throughout, Hawaii and it is repro
duced here in full:
DILLION AND HUBBARD.
Attorneys arl Counsellors at Law.
New York. March 14, 1907.
Hon. George R. Carter. Governor,
Territory of Hawaii. Honolulu, Ha
Dear Sir: We are just h receipt
of a printed pamphlet copy of your
message to the Legislature of Ha
wail, dated Honolulu, February 20,
1107, and beg to thank you for your
courtesy iu sending the same to us.
We note especially the parts in re
gard to the finances and the new
loans proposed, and the suggestions,
In regard to a sinking fund. Iu some
respects a sinking fund is an expen
sive piece of machinery tor a terri
tory, state or municipality. Gene'
rally, safe investments of a sinking
fund cannot be made at as high a
rate of Interest as the rate borne by
the outstanding bonds, and - even if
such investments were possible, there
is the expense of the sinking fund and
the possibility of bss by poor iuvest-
The Mexican Form
A recent American observer, a
man regarded as .of much ability,
lately returned from Mexico declar
ing it "not a republic but a veritable
monarchy, with its oppressiveness
showing in every feature." One
may be entirely loyal to republican
government as the best yet known to
be possible for men who know how to
frame and administer it and yet in
sist at the same time that this im
plication that every and any mor.ar
chy must of necessity be oppressive
is utterly Indefensible.
The same observer declares that
when railways were first built in
Mexico disasters often were caused
by the fact that the lower classes of
natives had stolen the fishplates and
their bolts from the rail joints, not
from ai.y desire to cause disaster
but to "satisfy an inordinate craving
to steal," which he says, is "a second
nature" to such natives. It is not
to be believed that stealing is a second
nature or a third nature, for that
matter, with these people any more
that with any other in a correspond
ing stage of moral development.
People steal because they think they
need what they steal. If they had
no desires they would ptepetrate no
thefts: The ancient Spartans con'
sidered it a great virtue and distinc
tion to do it well.
The Diaz treatment or tins was
peculiar. Whenever any disaster
occurred from such a cause he had a
few of the most conspicuous citizens
of the neighborhood taken out and
shot, besides the men who did the
stealing whenever they were found.
The result was that this form of
stealing disappeared with surprising
celerity, not so much because the
conspicuous citizens in their own iu
terests become guardians of the
track as because such vigorous
schooling promptly drove the steal
ing classes a long step in knowledge
of what standards would be enforced
One may. readily admit that this
drastic treatment is extreme, but at
the same time insist that it efficacy
Is strongly indicrtive of the error in
volved in the opposite extreme the
theory of our sentimentalists that
severe punishment never does much
to repress crime. In this land of
ours we do not know what severe
punishment by law is. The convicted
criminal is better cared for than
many an honest man. Chicago Chro
PLATES . . .
ISOCHKOMATIC AND ORDINARY.
These plates nnd our famous Hammer Pistes are a com
bination which pleases. Some cf our customers prefer one,
ptune tin other; all prefer one or t lie other.
HONOLULU PHOTO SUPPLY CO.
FORT STREET, HONOLULU.
ments, or, in some cases, dishonesty
of officials. Many municipalities,
now, do not make provision for
sinking fund, but before the bonded
debt becomes due provide by law for
refunding it by the issuance of re
funding bonds. If it is desired that
a bond debt be paid off, resort to the
Issuance of serial bonds in the first
instance, when the original bonded
Indebtedness Incurred Is less expen
sive than a sinking fund, and accom
plishes the same purpose.' Such
system is in existence n California
for example, where the practice is
to make the bonds in series, .so that
at least one fortieth of the entire
Hssue of bonds will be paid off each
year, beginning the first year after
the bonds are issued. Thus in the
case of total issue of $400,000, ten
bonds would become due, say, one
year after their date, another ten
bonds two years after their date
and so on through the forty years
Such a rnet'.od of issuing serial bonds
avoids the expensive, trouble and
possibility of loss necessarily connect
ed with the old-fashioned sinking
tund. This, however, is substantially
eauivalent to a sinking fund, without
With kind personal regards to you,
also to Mr. Atkinson, we lemain,
Very truly vourg.
DILLION and HUBBARD
The method of repayment suggest
ed by Messrs. Dillon and Hubbard
is a good one, but i' was not ad. 'pled
here. This does not relieve us, how
ever, from the obligation already in
curred, and the refunding of the loan
will simply postpjee the dale of pay
ment iu case we are npt ublt to meet
our indebtedness at maturity out of
available funds in the Treasury. Con
ditiofis here, moreover, are not the
same as in California. That if a
State of diversified industries and
large population. Our, Territory is
thn opposite, and if .our one large
business interest here should become
depressed, the finances of the Terri.
tory as well as of thn individual wou'd
be affected. Furthermore, under
such, conditions, we might have diffi
culty iu refunding the loan. More
over, it is contrary to the provisions
of the Organic Act authorizing the
issuance of bonds by the Ten itory.
"Have another drink?"
"Yes, of Primo."
Corner Market and Main Sts. Wailuku, Maui
NOTHING BUT TH K BEST OF
WELL KNOWN STANDARD BRANDS OP
WINES, WHISKEYS, CORDIALS,
LIQUEURS, RAINIER AND PRIMO
25c 2 glasses 25c
SPORTING ISLAND PEOPLE
S. KIMURA, Proprietor.
I THE HENRY WATERHOUSE TRUST CO. Ltd
BUYS AND SELLS-REAL ESTATE, STOCKS & BONDS
WRITES FIRE AND LIFE INSURANCE
NEGOTIATES LOANS AND MORTGAGES
S A List of High Grade Securities mailed on application
Tt i. n tit
it. j. uo. a -o
This brand denotes quality.
Write us in regards to your
Leather needs. Send your
Hides to us and you may feel
certain of fair treatment.
Metropolitan Meat Co.
HONOLULU, T. H.
Telephone Main 143.
The best appearing and best wearing
floor finishes in the market today are
The Sherwin-Williams Modern Method Floor
FINISHES. You can select any one in the
line and by carefully following directions
be sure of getting the best looking and
best wearing finish of the style desired.
For Painted Floor Inside Floor, The8-W. Insidc Flooh Paint
c . . Porch Floor. TheS-W. Porch Flooh Paint
For Varnished Finish Natural-fr-or, a durable floor varnish
.., . m Stained -fi.00M0, stain &varnih combined
For Waxed FlnUh77f 8-W. Floor Wax
For Unsightly Cracks In Old Floors-7w 8-W. Crack t Seam Filler
W, Mil Modern Method Floor Fiuiihe
Kahului Railroad Co's Merchandise Department