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THE GARDEN ISLAND, TtJIDAY, AUG.17, 1920
THE GARDEN ISLAND
Issued Every Tuesday
KENXETI I C1 HOITKll
TUESDAY
Managing Editor
AUG. 17, 1020
SAVE VOL R MOSEY
Never in Hie history of Hawaii lias tliere
lteen a period of such phenomenal prosperity
as the present. The laboring classes especially
on the plantations, have iueoines that far out
run their largest expectations, and their
phenomenal prosperity soon leaks around the
circle till almost everybody is pai-.iripating.
Vith so much money about, the tempation
to extravagance and prodigality is inevitable.
Easy come easy go! And on all sides we see
evidences of the wasteful and extravagant ex
penditure consequent on being "llusli".
Probably this sort of tiling will continue,
as long as the prosperity lasts, and nothing we
may say will have any elicit to the contrary.
However, on the chance that some may take
heed to our words of would be wisdom we set
them down.
Expenditure is not necessarily extrava
gance by any means. It is often, in the long
run, the best of economy. Many of the planta
tions are installing permanent improvements
that will run into enormous sums of money.
They are doing this in the line of ultimate
economy. They realize that these times of
phenomenal prosperity and easy money won't
last, and that hard times are coming when only
the well equipped and economically run places
will be able to hold their own. They are
"snugging up' for bad weather ahead.
There are wise ami prudent individuals
who are doing the same. Buying or building
their own homes; installing labor saving sav
ing appliances, trucks, washing machines,
pumping plants, lighting plants, etc; while
others are providing for future eHicicncy and
economy by educating their children. This
is, or at least may be, the very best of economy.
But the lions share of the vast amount of
money that is being poured into the laps of
the laboring classes and others as well, is
being foolishly and extravagantly squandered
on things of an ephemeral value, childish
toys, which bring no lasting satisfaction,
and can hardly be called good for the time
being even. Silk shirts and victrolas and $13
shoes, and high-priced automobiles are extra
gances which these people do not need and do
not benefit by even if they could afford them.
The cynic perhaps cries ''Oh, let people
enjoy their money in their own way, even if it
is foolish!" litit tliere is an aftermath about
this extravagance which may not be overlooked.
Acts of extravagance soon pass over into habits
of extravagance. It will be very hard to drop
down from the high gear of silk shirts and Ford
ears to the low gear of denim overalls and dust
afoot, and there will be many temptations to
keep the pace we have gained.
These are the days to make provision for the
future, these are the days to "salt down" as
much as possible, these are the days to make
hay while the sun shines.
how to ix vest your
surplus earxixos
In these days of phenomenal prosperity
and increased incomes the matter of invest
ments may well receive special attention.
SAFETY FIRST
The lirst cardinal principal, of paramount
importance for the inexperienced investor is
"Safety first."
lon't look for an investment that prom
ises KM) per cent or ."( per cent, or even 25 per
cent.
Rest assured that any enterprise which
promises any such returns is risky, and per
haps fraudulent, and that the final outcome is
almost sure 1o be disastrous. The man of
large means, and perhaps inside information,
can perhaps afford to take such risks; the
small investor cannot. Stay by the conserva
tive, well established ami responsible invest
ment that promises a fair rate of interest,
from ( to 8, or 10 per cent. Shun the "wild
cat" enterprise that promises fabulous returns
as you would I lie devil, unless you are recon
ciled to the loss of your money.
STICK TO THE HOME 1XVESTMEXT
The second principle of investment for us
on Hawaii is stay irith the hmnc investment.
Tliere is probably no place in the world where
tlu re are better and safer investments available
for the small investor, than right here in Ha
waii. I5y investing your money here, in-some
sound industrial or commercial enterprise,
you have, at any rate, the satisfaction of know
ing just where that money is and what it is
doing. You can keep informed as to what is
going on.
You may yourself be a more or less com
petent judge o fthe state of the enterprise.
and anyway, all about you, the atmosphere is
surcharged with a more or less reliable rating
of it. Hut if your 'money has gone into oil, or
mines, or fisheries, or railways in California,
or Alaska, or Mexico, about all you can do is
to wait patiently in t lie darkness for the divi
dends, that never come. Fortunes of good Ha
waiian money have into sink holes of disaster
abroad, that might have brought phenomenal
returns if invested here at home.
Beware of the stranger who comes round
with a smooth and eloquent story of the
fabulous profits to be made in some enterprise
at the Coast, the shares in which, a limited
number, he will let you have for a song, but
which are bound to rise in a few months sit
that you will make 300 or -J 00 per cent on your
investment. That is too good a story to be
true. Such an investment, if bona fide, would
never get across the street.
Make conservative investments, and make
them at home. And take the advice of your
banker!
Y. M. C. A. NOTES
A largo, 12 xl2 foot wreBtling mat
has been Installed in Llhuc armory
which is being; used for Jumping,
tumbling and wrestling. The services
of Mr. Louis Rego, Kauai policeman
and champion wrestler ot Maui, have
been secured to teach boxing and
wrestling to all who apply. The arm
ory is open for these and other
sports on Monday and Wednesday
evenings. Other evenings are avail
able on request. The Y has developed
plans for a good variety of indoor
sports ut several points during the
coming fall and winter. It fs believed
this will be a welcome diversion not
only for the laborers but for men who
art tied down to an office or store all
day.
On Sunday of this week the Kauai
secretaries leave for the annual em
ployed officers' conference to be held
at Punahou campus August 24 31.
Mr. C. C. Robinson, industrial boys'
work secretary on the international
committee, will be one of the princi
pal speakers at this conference. Sec
retary Warner will remain over for
the special educational conference
which has been called by the depart
ment of public instruction for Septem
ber first and second.
Moreland Trucks
With Pneumatics
Popular on Kauai
Nawiliwili Garage has delivered In
the past month, three large Moreland
Trucks on Kauai equipped with giant
pneumatic truck tires. One was de
livered to Makee Sugar Company, one
to Lihue Plantation and the other to
the new AhukiniTcrminal and Rail
way Company. In addition, five more
trucks of the same make with pnuema-
tic tires have been ordered from the
factory and should arrive within a
month or so.
They have excited considerable
comment, particularly the size of the
rear tires which are 40xS, cost $223.00
each and carry a pressure of 120 lbs.
"It is very safe to say, says "King"
Baggott, manager of Nawiliwili
Garage, that it is only a matter of
time, and a short time at that, when
It will be impossible to sell a truck
equipped with solid tires, just as it
now rather difficult to convince a
buyer that it is to his advantage to
buy trucks equipped with pneumatic
tires. There is every argument, both
practical and theoretical, backed up
bv Derformance. in favor of the
pneumatic tire for large trucks.
"The principal and most important
advantage of the pneumatics, which is
given the least consideration by the
average buyer, is the saving affected
In depreciation. You have only to
follow the solid tired truck and notice
cause the truck to undergo. It is
conceded that a truck equipped with
pneumatics will last and do twice the
work of one equipped with solid tires.
This means that instead of writing off
from 20 to 35'. per year for deprecia
tion, a maximum of 15rc is more than
sufficient. This item alone means a
saving for the ordinary truck costing
J40U0 to $3000, of ?30U to $C00 per
year.
"it has been proven that pneumatics
reduce repair cost fully 80, and a
saving in gasoline and oil of over 20'i,.
"Another important advantage is
the fact that pneumatics increase the
working radius of the truck 35'(,, as it
increases the speed. Also, pneumatics
afford the truck better traction which
is quite a consideration, for trucks
that go into cane and pineapple fields."
Nawiliwili Gan.ge is prepared to
equip any truck with pneumatic tires.
They only advise the change for
trucks that are practically new, a a
truck that has about served its time
would not justify the cdst of the
change over. The fact that they are
willing to refund the cost of the
changeover to any one that has it
done and is not satisfied, is ample
proof of their confidence in pneumatic
tires for largo trucks.
CURRENT PRICES
For the information of housekeep
ers the following are some of the
prices quoted by the Territorial mar
ket. Kggs, Sac; butter G5c; beets 4c;
carrots 3c; cabbage 7c; pines 4c;
tomatoes 15c; Irish potatoes 6c
sweet potatoes 2 Vc; peanuts 10c.
These, however are evidently ideal
the bumping, shaking and vibration to I prices the actual so fur as we have
realize the awful strain, Bolid tires seen, is mostly far above these.
Teachers' Associations
to Give Reception
ine leachers' Associations and
Clubs throughout the Territory have
been addressed recently by the Super
intendent of Public Instruction
Vaughan MacCaughey. with the sug
gestion that each Association and
Club arrange a reception for new and
old teachers before the beginning of
the school year. The superintendent's
letter is as follows:
"From many sources we have re
ceived the suggestion that each one
of the Teachers' Associations and
Clubs give an informal reception at
the beginning of the school year for
old and new teachers of their region.
An informal occasion of this sort
could easily be made pleasant, help
ful and inspiring. Preliminary plans
should be made soon. Will you take
up tins matter with some of your
teachers forming committee and pro
ceed?
Please let me know definitely
whether or not your Association is in
terested in giving an affair of this
sort."
THE KIDS SAVE THE SITUATION
CORONA TYPEWRITERS
foil TIIK
STUDENT - TRAVELER HOME
Produce the same perfect typewritten copy that any
$110.00 machine does
PRICE
HAWAIIAN NEWS CO., LTD.
Young Hotel Bldg
Honolulu
i $52.00
A prominent sugar man says-
don I Know what we would have done
.'" minum ine hius wny we
have done practically all our planting
with them. They are just right for
that kind of work."
However that may be it has been
a fine experience for the kids.
Newspaper Education
"Read more newspapers and books,
but leave magazines alone if you want
an educated public," advices Prof.
WilliamLyon Phelps, of Yale, accord
ing to The Fourth Estate (New York).
This newspaper man's paper reports
that the well-known professor of Eng
lish literature gave such advice at a
recent librarians' dinner In Butte,
Montana. It furnishes, the text of a
special plea for newspapers versus
magazines which The Fourth Estate
puts up to "the discriminating reader'
as follows:
"There is a good deal of merit In
this suggestion, altho there are some
very excellent magazines.
A few years ago a number of sec
ond and third-rate periodicals, in order
to stimulate circulation, became de
votees of sensationalism, and were
dubbed by Colonel Theodore Roosevelt
as 'muckrakers,'
"These publications did a great deal
of harm by misrepresenting many
existing conditions in this country,
and at best they, only presented one
side, and that the worst they could
find.
"The discriminating reader wants
the news without any coloring, for he
is capable of making his own conclu
sions concerning it. Thus, reputable
newspapers form his principal reliance
in keeping in touch with what Is going
on in the world at large.
"The newsppaer's opinion and com
ment upon the happenings of the times
are found on its editorial page, and it
naturally follows that journals con
cord, but on this account they do not
suppress nor do they color such dis
patches. "The good journal realizes its res
ponsibility to the public of presenting
to it just what happens, and this is
almost a sacred trust that exists be
tween the newspaper and its readers.
"Most editors would much prefer to
present only the pleasant and elevat
ing things as the record of the day's
history, but if they did this alone their
journals would cease to be a real
newspapers.
"It is not for them to censor the
news and decide for the public what
it shall read, but their main effort is
to obtain a clear account of every
thing of interest that happens, whether
it is good or bad.
"It is for the readers to discriminate
as to what they shall peruse in a
newspaper. Those who dislike to
read of crimes and other mentally dis
turbing tilings are not bound to read
such articles unless they decide to do
so, altho it is the duty of a newspaper
to present these matters.
"The American public is the best
educated public in the world. Conse
quently it should be able to pass in
telligent judgment upon everything
that it reads in the daily press.
"Professor Phelps is undoubtedly
correct as to the educational advant
age contained in reading most news
papers in preference to most magazines."
Thirty Day Economy Rug Sale
Bare floors tire expensive when tliey can be covered with
Lenox Rugs
At these prices
18x3G inches .. 80c 8x10 feet ?9.G0
3x0 feet - - $1.80 0x12 feet 12.00
0x0 feet 7.20 0x1.") feet 14.40
27 inch runners OSc the yard. 30 inch runners 80c the
yard Rag Rugs, Rush Rugs, Fibre Rugs, Congoleum Rugs.
At all bargain prices
Buy now and save money on your rugs and floor coverings.
Lewers & Cooke, Ltd.
Established 1S33
Lumber and Building Materials, Honolulu
HOLT CATERPILLAR
STATIONERY ENGINES
Due to the great success of the Holt Caterpillar engine
for tractor work The Holt Manufacturing Co. now have
on the market a stationary engine suitable for all classes
of work. This engine operates on gasoline, distillate or
kerosene. Standard sizes are 30, 45, 00 and 75 horee
power.
If you know engines you will be pleased with the Holt.
Write or see us for particulars.
Catton, Neill & Co., Ltd.
Engineers, Honolulu
Order It By Mail!
Our Mail Order Department Is excep
tionally well equipped to handle all
your Drug and Toilet wants thorough
ly and at once.
AVe will pay postage on all orders
of 50c and over, except the following:
Mineral Waters, Baby Foods, Glass
ware and articles of unusual weight
and small value.
None-Mailable: Alcohol, Strychnine,
Rat Poison, Iodine, Ant poison, Mer
cury Antiseptic Tablets, Lysol, Car
bolic Acid, Gasoline, Turpentine, Ben
zine and all other poisonous or In
flamable articles. . .
If your order is very heavy or con
tains much liquid, we suggest that you
have it sent by freight.
Benson, Smith & Co., Ltd.
"Service Every Second"
The Rexal Store
Honolulu
TERRITORIAL MESSENGER SERVICE
TAKES OllDKIW Foil ALL KINDS OK
Dry Cleaning and Laundry Work
SEND BY PARCEL POST TO
1112 UNION ST. HONOLULU
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