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THIS GARDEN ISL-ANDTTUESPAY, DECEMBER 30, 1913
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THE GARDEN ISLAND
TUESDAY DEC. 30th, 1913
Issued-Every Tuesday.
Entered at the post office at
Uh tie, Kauai, as second-class
matter.
SUHSCRII'TION Raths S2.50 PitR
YltAR, SI. 50 FOR SIX MONTHS
IN ADVANCE
Advjirtising Ratijs, 75 Cunts
An Inch Pkr Month.
E. B. Bridgewatkr Editor,
Aftkr two years of roaming the
famous Mona Lisa will he restored
to France.
The search for the missing pic
ture has carried tracers around
the world.
IT took 80C0 extra men in the
postal department t o handle the
heavy swamp o f Christmas mail
on the mainland.
The parcel post is said to he a
large factor in this increased holi
day mail service.
Thomas A, Edison," the famous
American "Wizzard" sleeps hut
four hours a day and finds that
sufficient to satisfy his needs per
fectly. At limes he has heen known
to work hard in his lahoratory for
five days and nights continuous
ly, without sleeps.
Genius and a faculty for snatch
ing a short refreshing sleep appear
to go together.
Napoleon and Wellington hoth
had that faculty to a very remar
kable degree.
Spontaneous singing o f every
kind in America is "gone for
good" says an editorial in the
Musical Courier. "Explain it as
you will, the fact is the fact.
. Vc Americans have ceased to
sing or so at least it seems.
Jacques Verne a French captain
of industry claims increased effi
ciency from workmen who sing
while laboring. Having tested
this in the building of roads and
bridges', Mr. Verne calls the re
sults amazing and is anxious to
revive the times when every work
men sang at his bench.
The question of Banking and
Currency is now an important one
which still faces the nation.
Among those who have taken
part in the pros and cons of the
matter before the Senate Commi
ttee, none had so marked an
effect on the hearers as Mr. Frank
Vanderlip, president of the Nation
al City Bank of New York. ,
Mr. Vanderlip firmly maintains
the Glass Owen Bill and agrees
with President Wilson on one
point.
That the central controlling
and supervising body, in an Ame
rican system for regulating cur
rency a n d banking ought to he
purely governmental.
It has already been shown to be
iiitirelv fallicious and unworka
ble to allow one private interest to
select members of a public board.
Mr, Vanderlip demonstrated that
the President of the United States
must be trusted to name the mem
bers of the governing body. In
stead of a scries of regional re
serve banks, coming under the su
pervision of a federal board at Wa
shington, M r. Vanderlip would
have a central bank, with as many
branches and agencies in different
parts of the country.
Mr. G 1 a s s, chairman of the
House Committee had taken the
ground from the beginning that
the Democratic Congress would i
be generous by its own explicit!
party platform, which favors cur-''
rency reform but opposes the plan
of a central bank. The Vanderlip
plan meets the objections of thost 1
who do not w i s h the country's
money svstem to be controlled by
bankers or private financiers
The Glass plan is a very ingeni
ous'oue which provides the nation
with a definite national system,
whereas at present we have none.
The Vanderlip plan is generally
conceded the more mature, logical
and permanent oi the two.
From the point of view of states
man ship, it will be remembered
that the Glass bill had already
passed the House of Representa
tives and tint some mortificitions,
which would probably improve it,
without weakening it, the bill had
good prospects of passing the Se
nate. ,
It has not seemed possible at any
time during the present Congress,
to impress the idea of n central
bank even though the Vanderlip
bank would be a very different one
from that which was proposed un
der the Aldrich plan. If the Glass
Owen Bill with certain amend
ments should become law it would
mark a great stride in t li e right
direction.
Future legislation based upon
experience, could develop the
system further without undoing
or reversing the essential parts ot
what has been accomplished.
The regional banks could by de
grecS' assume t li e character olf
branches of a central institution
and the federal reserve board at
Washington could be given more
power until i t s members found
themselves in effect the directors
of a great central fiscal agency for
the government, a reserve center
tor me ordinary banks, anil an
elastic system of cuirencv capable
of meeting all emergencies.
'The Democrats h a v e under
taken to give the country a cer
tain . measure of currency reform
without creating a central bank.
The bankers had aheady admitted
the feasibility of this scheme but
wanted to appoint at least some of
the members of the central board
The advantages of a central insti-
t u t i o n directly controlling its
branches has been very ably paint
ed out by Mr. Vanderlip.
The discussions recently held
in Congress upon this subject,
have brought out a great deal of
the finer points involved in bank
ing' and monetary science. The
studv of this branch has necessa
rily been deep and protracted to
all concerned in the currency le
gislation and if the bill is passed
in January the nation may hope
to see one fairly acceptable to the
entire business community -i n d
one that will do credit to the de
termined efforts of Presidant Wil
son and the good faith of both
houses.
1
WALL DOUGHERTY
TBI
Diamond I,nvallicrcs and Pendants,
Peail Sautoirs with all Diamond
Ornaments,
Bar Pins composed cf Diamonds
.and Oriental-Pearls,
Dinner Rings with Calibre,
Sapphires and Diamonds,
Diamond Bracelets,
Pearl, D i n m t n d , Ruby a n d
Sapphire Scarf Pins,
v
Sleeve Links with Precious Stones.
Especial facilities for tilling
mail orders.
Much discussion has been raised
by the Japanese Government's re
fusal to allow the Marconi Wire
less Telegraph Company to erect a
station in Nippon. It will be of
much interest to see how the globe
encircling chain of stations will be
completed with this obstacle in
view.
SEALED TENDERS
SEALED TENDERS will be
received by the Superintendant of
Public Works up until 12 noon of
Monday, December 22, 1913, for
the CONSTRUCTIONS OF THE
OLOHENA, WAIPOULI AND
IIAUIKI ROADS IN THE KA
PA A HOMESTEADS DISTRICT
OF KAWAIHAU, KAUAI.
Plans, specifications and blank
forms for proposal are on file in
the office of the Superintendant of
Public Works, Capitol Building,
Honolulu and with J. II. Moragne
County Engineer Lihue, Kauai.
The Superintendent of Public
Works reserves the right to reject
any or all tenders.
J. W. Caldwell.
Superintendant ot Public Wurks.
Honolulu. December 3 lv: 3.
December 6-19-23.
"The Fat of the Land"
BUTTER
(Pronounced "lie-tun")
If you have tried many dif
ferent kinds of butter in the
hope of at last securing the
one brand on which you
could depend, One with a
"satisfying taste" and have
been disappointed you should
now order Isleton Butter. It
"MAKES GOOD!" Pack
ed in a dust-proof carton.
Never touched by human
hands.
Ask Your Grocer For It.
L. Y. TIM
Hms entered the rent ser
vice, and has pre. ided him
sif with a
Five-Seater Buick
Special attention paid to
commercial travelers. Rea
sonable rates to all parts of
the island.
'Phone 600
Nawiliwili Garage
C. W. SPITZ, Prop.
NAWILIWILI, KAUAI TELEPHONE 104
Automobiles to aSi Parts of Kauai,
all hours, Bay and Night
Careful Chauffeurs
Autos and light machinery repaired.
Plumbing and gas fittings. Agents for Fisk
and Goodrich Tires and Tubes, Chalmers,
Ford, Studebaker, Velie, Federal and
Velie Truck.
Agents for the Inter Island Steam Navigation
Co., Ltd., at Nawiliwili, Kauai
G
Used by
All iho Big
College Nines
Mir coIIcrc canici you will find
that the lull almost invariably
used is the REACH OKFICIA
AMERICAN LlSAOUK HAM..
College men won't have tnytliing
but the JlhS - that s wny ttiey all me
7!lB
0k ,
4 MkJK.
"ml ir w nt nsujLf
J-
"1.
CollrKC men Itnoif too Unit tlie Keocli Dnll lias b-cn dnM! . n,
American l.cnKj.e fur ten yu.ii., nt.,1 Is the omclnl Lcitnie l.Suf No 2ti
I The Koch Trade-mark on all Sperling Goods li a anarani. i '.ii.
lictlon, new article or your money back (except on nails and I iuu EnVii 1 1 Aii
cav .TMKBAriiorrioiALnABBiALLOBiiR
1 ' , "wtui vi ur uitui
I
Theo. Hi Davies & Co., Ltd'
I Sole Agents
for the Territory of Hawaii
I m 5YMILST TIRl
A full stojk carried at the M M A v
NAWllWILI GARAGE J
Let Us Do Your! -
LA UNDR Y
Address
I
Territorial lessenger Service I
NOLUI.U
Eleele Stoi
J. I. Silra, Proprictoi
Dry Goods and ';
General Merchandi
Eleele- - -Kaii
PLAT K
xioku:, coi'i'uu, (K
ZINC, HROXZH AXIlj
VHR I'LATIXC; .
. . . at . .
Reasonably
Prices
Honolulu Electro.
Kinn and Bishop
THE BANK OF HAWAII,
Limited
LIHUE BRANCH
Lmuu. Kauai, Hawaii .
Deposits are received subject
v.cj nucules 01 ae-i,
posit issued payable 011 de-
mand. Loans made 011 ap
proved security.
Drafts Drawn on
Honolulu Bremen
San Francisco Berlin
New York Hang Kong
London Yokohama
Savings DurAitTJiKNT
Interest paid on Savings De
posits. 4cc per cent on ordi
nary and 4 per cent on Term
Deposits. Ordinary Savings
Deposits will be received up to
$2,500 in any one account.
Sauk Dktosit Boxks for
Rent $2 and S3 a Ykar,
Airy Kooms Ccf City
ENGLESE
251 Vineyar.
Jlrs. C. MiltiKT. i)ropniliilu
UNION FEE CO.
HONOLl
Dealers in Grai' Feed.
Manufacturer of lopular
Algeroba meal.
We also camine of
chicken feed wtfias no
superior.
Island Trade!icited
Is
Souvenirs -
Wc neatly panic and mail
Hawaiian Souvenir. ,
Hawaii & South Ser.s Cuiro
Co.
iioxoi.i'i.r.
tationery
and
Paper
fnrn?n11 1. a m
of paper, stationery, and of- K
nee supplies. v
We will give your mail or
der the same care and prompt
attention that you would re
ceive in person.
Drop us a line.
Hawaiian News Co., Ltd.
Young Bldg. Honolulu
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