Newspaper Page Text
THE MAUI NEWS-
SATURDAY, DECEMBER 12, 1908
THE MAUI NEW N
ntered at the Post Office at Wniluku, Maui, Hawaii, as second-class matter.
A Republican Paper Published in the Interest of the People
Issued Every Saturday.
Ylaul Publishing Company, Limited.
llufh V. Coke,
r.dltor unci v n it rt c- r
DKt'EM B1CU 12. 1!HIM
Wine Making find The Kaupakalua Wine Co. seems to i e m u k -tho
Dnnk llflbit in success of the business of n.anufuc
turing wines and brandies. It is providing em ploy moot, for u
number of small farmers in the East Makawuo dist riel , and t tie
article produced by the company is pronounced to be of o superior
grade and has a special reputation of its own if the utterances of
those who delight to use it have anv meaning at all.
We are not wine drinkers and would never knowingly advise or
recomuend the use of wines and such liquors. We were taught
that the drinking habi; is a bad hab.it, and that the less one drinks
the better forhim. We believe it; for we stumble almost every day
over'examples of it and we know it is so. But still the people will
drink, it may be in response to an inborn .craving, as some would
have it, and because of this reason or want of reason the Kaupa
kalua Wine Company finds a legitimate excuse for its business
which we hope may enable the people of this Territory to retain
more and more of the money annually sent abroad for the pur
chase of wines and brandies.
Taxation Rates and In an interview published in the Hawaii
Tax Adjustment. Herald Hon. J. C. Cohen expresses him
self on the subject of taxation. It seems to us that Mr. Cohen has
taken the right view, that the sole reason for changing and tam
pering with the tax law is for the purpose of getting more reve
nue, a point safely and judiciously avoided by the Tax Commission
appointed to readjust our tax laws.
Mr. Cohen believes the income lax law unconstitutional and we
igree with him, but the measure produces a large and satisfactory
revenue and it would be sheer folly to repeal a good revenue pro
ducing law without providing another revenue producing measure
in its place, for nature abhores a vacum. His proposition to in
crease the tax rate on property from one per cent to 1 1-2 per
cent contains the meat of the question. There must be a feeling
in governmental circles of the want of more funds, but why in
crease the tax rate when the Tax Commission does uot recommend
it? The Committee is presumed to have studied the matter tho
roughly and impartially and found it advisable to recommend but
a few minor changes, which, for the present after all, is the wisest
course to pursue. If an increase in tax rate is proposed let us not
forget to tell tax payers on the other side of the benefits they are
to receive from it, and if they are only expected to pay it and get
nothing in returnt why ask for more taxes? When the government
is in a financial hole we are patriotic enough and ready enough to
pass carefully drawn measures and may be trusted to hold up our
hands for shall we say it? a higher tax rate. We ordinary mor
tals know the rich has to pay most of the taxes, but we can do our
share of the shouting as well as most of the kicking, for we trust
that the majority of the legislators will so adjust 'the levying
thereof that most of it will righteously fall on the other fellows, as
winced by the spirit of Mr. Cohen's statements. If the rich own
er of sugar stocks could be made to pay an income tax on his divid
ends after an income tax had been paid by- the coorporation pre
sumably on the same dividends, a somewhat illogical process, tint
would ho a popular adjustment of tho tax burden, but, we are a
fraid the counts would kick it into the waste basket. ' and let t he
rich sugar tock owner go on getting his dividends without pay
ing a third tux" on the same.
Our advice on tho tax subject is to go slow, make mio hasty
changes, and if an increased tax rate must be adopted let. it he a
flexible rate so that if more revouue-i are needed for legitimate
purposes a higher rate may bo levied, and if there is no need for
it a low rate be levied .
REPORT OF THE CONDITION OF
tlit; L.-ituiiiu, Nntionnl llnnk. nt
LnhoTnn, in the Tor. ot ll;iw;iii,
nt the clotte of IniwiiviHK, Novem
ber 27, 11)08. .
Loans and Discounts 3t,8tI2o
Overdrafts, secured and unse
cured 565 76
t'. S. Bonds to secure circula
Premiums on V. S. Houds, 20000
Hoiids, securities, etc 12,0m on
Hanking house, furniture, and
fixtures 1 240 00
Due from National Hanks (not
reserve agents) 1,64094
Due from State Hanks and
Bankers 6,286 51
Due from approved reserve
agents 856 13
Checks and other cash items... 134 50
Fractional paper currency,
nickels, ami cents 9 37
Specie 16,716 15
Redemption fund with V. S. ,
Treasurer (5, of circulation) 312 50
Total 78,022 36
Liahi LiTiKS . Dollars
Capital block paid in 25,000 00
Surplus fund 50000
Undivided profits, less ex
penses and taxes paid . 755 4
National Bank notes outstand
ing 5.95 00
Individual deposits subject to
t check 20,99041
Savings Deposits 17. 079 to
Demand certificates of deposit 3,707 75
Time certificates of deposit . 4,039 70
Total :. 78,022 36
Ter. of Hawaii, County of Maui, ss:
I, C. D. Lufkin, Cashier of the above-
named bank, do solemnly swear that the
above statement is true to the best of my
knowledge and belief.
C. D. LUFKIN,
Cor R KCT Attest :
W. U DFXOTO C Directors.
R. A. WADSWORTII )
Subscribed and sworn to before mi
this 4tlv day of December, 1908.
JVN. K. KKOLA,
Second Judicial Circuit
rii.it I'nin School Contrnct Snnd. i
The Regular Annual Meeting of the
stockholders of The First National Hank
of Wniluku will lie held at its Banking
House on Tuesday, January 12th,, 1900,
at 10 a. 111. (
C. D. Lt'I'KIN,
Dec. 12, 19, 26. Jan. 2, 9.
Mr. Chapin of the Cn.icrcte Construc
tion Co., who was in town Thursday 1
states in reference t" their using beach '
sand on the l'a.u school building that, '
for a deduction of J(so from the amount 1
of their bid, the Public Works Depart
ment gave them permission to use beach
sand instead of the Maliko rock sand,
Pouwelo Kond Contract Bids.
The Maui Board of Supervisors receiv
ed the following bids for construction of
Section 2, relocation of belt road from
Pauweln towards lluelo, about one and
one-forth miles of new grading:
Iv. P. Chapin, $8,495.00, to finish 111 6 tnos.
S. K. Kahuna, 6,787.00, " " " l5odvs.
J. A. Aheong, 4,934.00, ' " , " 240 "
Call at A. Knos, the Pioneer Store, and
get a 1909 calendar for your home.
The Regular Annual Meeting of the
stockholders of The I.ahaina National
Bank will tie held nt its Banking House,
011 Tuesday, January 12th, 1909, at 7p. in.
C. D. Lufkin,
Dec. 12, 19, 26. Jan. 2, 9,
The Green Flyer
is now ready for your orders.
Positively the o:i!y Virst
cl.'iss uw In tiii livery
service on Mmii, drivm
by a careful 111:1:1 who wifl drive
to suit you. A trial is all we ask.
Delivered in Wniluku every Saturday
and at Paia and Hnmaknapoko on
Wednesdays at lowest prices.
POTATOES, WATERMELONS, BUTTER, EGGS
POULTRY, SUCKLING PIGS, CORN, ETC
Telephone Orders to
A. H. Landgraf
I'ROI'RIUTOR KA LUA FARM.
Telephone No. 359.
Also fTrst-olnss auto repairing work
jnd tire vulcanizing done.
Our prices are right and
our work is guaranteed.
CASK, A. It. Topeka, Kansas, Decem
ber 7, igoS.'VVgcd 80 venrs. F'ather of
D. II. Case, of Wailuku, Maui.
Sfime &ableJ(ciliului Slailroad Company
KAHU LU I--PUUNENE DI VISION.
. . m ; ,T A. M. t'us. P M. , Wednsdy A. M. P.M.
STATIONS TJ - Pas. Pss STATIONS '
Pas Fit Pas. nl) Pas. Pas
Kahului Leave 7.00 v2.00 ' p. M. Kahului Leave 6.20 1.20
Wailuku Arrive 7.12 , 2.12 . Puunene Arrive 6.35 1.3.ri
, Wailuku Leave 7.20 2.2(1 4.15 Puunene. Leave 6.40 1.40
Kahului Arrive 7.35 2.35 , ' '4.30 Kahului Arrive 6.55 ..55
Kahului Leave 7.40, 9.40 2.40 4.35 5.10 Kahului Leave 8.10 3.10
Sp'ville' Arrive, 7.52, .1.55 2.52 4.47 5.22 Puunene Arrive 8.25 3.25
Sp'ville Leave 7.55 10.15 2.55 4 50 5.25 Puunene Leave 8.30 3.30
-Paia Arrive 8.10 10.35 3.10 5.00 5.40 Kahului Arrive 8.45 13.45
, Pnia Leave 8.20 ' 10.50 3.20 5.05 5.45 Kahului Leave 9.45 .
Sp'ville Arrive 8.35 3.35 , Puunene Arrive 10.00
Sp'ville Leave 8.40 3.40 Puunene . Leave 10.30
Kahului Arriv(. 8.52 11.30 3.52 5.3H ' (;.()5 Kahului Arrive 10.45.
' Kahului Leave 8.55 1.00 3.55 ' ; '
v Wailuku s Arrive 9.10 1.30 4.10 .
Wailuku' Leave 9.20 2.00 4.15 ' ,
Kahului At rive 9.35 2.30 4.30 ,
KLaHului Railroad Company
AGENTS FOR - -
ALEXANDER & BALDWIN, Ltd. ;- ALEXANDER A BALDWIN, Line of Sailing Vessels Betwi !
San Franc'seo and the Hawaiian Islands: AMER1CAN-H AWATI AN STEAMSHIP CO.: ,
OH Rl ST 7V A
GOO D S
By the str. Arizonian we have" just -received a'
large assortment of new goods very appropriate
for the holidays and also a complete line of toys
that will make the juvenile mindliappy and con
tented at this season.
Come to our store and look over the display.
There arc many things you will want to send to
your friends or perhaps need them for yourself!
Bring the children along and have them see the
many pretty playthings. It will he a treat to them.