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THE GARDEN ISLAND. TUESDAY, JAN. 18, 1921
Due to the great success of the Holt Caterpillar engine
or tractor work The Holt Manufacturing Col 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, CO and 75 horse
power. t .
If you kn'ow engines you will be pleased with the Holt
Write or see us for particulars.
Catton, Neill & Co., Ltd.
TRAFFIC LAWS WERE MADE TO PREVENT ACCIDENTS.
If thoy were never violated the number of accidents would decrease,
yet 'ley would still be accidents. There always will be accidents as
long as there are automobiles.
The only answer Is Insurance.
LET US INSURE YOUR CAR TODAY
Henry Waterhouse Trust Co., Ltd.
Save Your Clothing
CONOMY demands that the Expensive shirt, the fine gown
or the suit be laundered, cleaned or dyed only by
THE METHOD EXQUISITE
and DYEING AND CLEANING WORKS
J. A3ADIE, Prop. Honolulu
(Send the package by .Parcels Post)
If you are not now receiving the REXALL MONTHLY
MA.GAZINE please send your name for mailing list. The
Magazine has recently been enlarged, and improved by the
audition of stories by prominent writers and pictures of
THIS SERVICE IS ABSOLUTELY FREE.
Benson, Smith & Co., Ltd.
SERVICE EVERY SECOXD .
The Rexall Store Box 42G . Honolulu, T. H.
W. C. BREWER
Painter and Interior Decorator
Paper Hanging .
Auto Painting and Varnishing
Paint Shop at Grove Farm, Lihue
Near Blacksmith Shop
J. I. SILVA, Prop.
ALWAYS LEADS IN LOWEST PRICES ON
Dry Goods, Boots and Shoes,
Mens Furnishings, Cigars and
Tobacco, Notions of all kinds.
MAIN STORE. ELEELE,
PalONE 72 W.
THE COST OF EXCLUSION
FROM THE LEAGUE
If (here are advantages in beln
outside the League of Nations, there
are also dlsadvantaep. and thl. tVia
United States ia finding out.
The Lensue covenant nrovlilaa that
equal trade opportunities are assured
only to members of the League. This
is natural enough; the children of the
household should participate in the
family privileges ahead of the out
But being an outsider this threatens
to operate against the United States.
Down in the Caroline Islands, the
little Island of Nauru is caDDed bv a
bed of phosphate fertilizer. Under
mandate Great Britain has been given
the ' exclusive right of working and
selling this phosphate. Had Amer-
ica been a . partner in the League she
would at any rate have come in on
Palm oil is a very important art
icle of commerce. " Among other
things it is essential to the manufac
ture of tin plate. It comes mainly
from the Gold Coast of Africa. Form
erly the trade was in the hands of the
Germans, but has now gone to the
English, and has been made a govern
ment monopoly. America manufac
tures large quantities of tin, and must
have the oil for this purpose. The
business is handicapped. If she
were a member of the Lea cue she
would have a say in regard to it, and
would be a favored applicant.
There has been a great hue and
cry of late at the aggressive way in
which England has been corralling
the world's future supply of petro
leum. ' Pur American supply, once
seemingly boundless, Is fast ebbing
away and we shall soon be left depen
dent on other sources of supply. The
commercial and naval power of the
future will be in the hands of the
nation that possesses the largest oil
supply. ' Prudently foreseeing this,
England has been stocking up in this
respect, and has insisted on retaining
control of the oil fields of Persia and
the - Mesopotamia Valley; and this
exclusive contrl has been confirmed
to her, apparently with the consent
of the League of Nations.
Tho United States immediately pro'
tested on the ground that such a mon
opoly was contrary to the principles
of the League, and were reminded
that they were not members of the
League and had no say in the matter.
If the United States had taken her
seat in the League she would come In
for her rights with the rest,1 and would
have a power of veto that would most
effectively block any action prejudi
cial to her interests. .
We can't blame the bona fide mem
bers for making the most of the ad
vantages which they have gained
through our refusal to cooperate with
them, we can only agree that It is
hard on America!
OUR NATIONAL DEBT:
CAN WE REDUCE?
Our National Debt reached its cli
max in August of 1919 when it was
26 and a half billion. Since which
time it has been reduced by about 2
and a half billion, leaving about 24
This enormous debt will be a mill
stone round our national neck for a
long time. Much of it to be sure Is
not for money spent but for loans to
European countries, and therefore in
the nature of investments. But at
present they look like bad invest
ments, since even the interest cannot
be collected, and it Is very doubtful if
the principal can ever be recovered.
.The1 prospects for reducing this
debt do not seem to be very promising
at present, since we . are not much
more than holding our own in the
balance between income and expendi
ture. We have the promise, to be
sure, of the utmost economy in the
conduct of the government, and we
may well count on om reductions.
But any very large economy is simply
out of the question. Certain items
cannot -be cut,' if we are going to do
business at all. For instance, the
interest on our bonds which now runs
to nearly a billion dollars. The
country is in no mood to cut on' the
army and the navy, and throughout
all the manifold ramifications of the
civil service, while some retrench
ment may be possible, good, honest
work must be paid for.
On the other hand the sources of
revenue promise to shrink rather
than expand. There Is an Insistent
demand for a reduction of taxes and
for the abandonment of the unpopular
excess profits tax. The decadence
of business and the downward Uend
of incomes will necessarily mean
smaller revenue receipts flom taxes
of whatever nature, so that we will
do well if we make ends meet.
P. O. Box G
Tel. 1 5-W
C: B. HOFGAARD &C0. LTD.
COMPANY STOCK FOR
(From Standard Oil Bulletin)
The Directors of the Standard Oil
Company have decided to call a spec
ial meeting of the stockholders to
authorize an Increase of $15,000,000 in
the capital stock of the Company,- for
What is Chiropractic?
17 mt -
It is a scientific method of adjusting
the cause of disease without drugs or
instruments, based 'on a correct
knowledge of anatomy, and especially
' the nervous system. The Chiroprac
tic idea is that the cause of disease is
in the person afflicted, and the adjust
ment in correcting the wrong that Is
producing it. The function of every
organ ' In the body, Is controlled by
mental impulses from the brain,
which It transmits through the nerves.
Any Impingement of these nerves In
terfering with the transmission of
mental impulses results in an abnor
mal function called disease. This in
terference is produced by subluxated
they pass out from the spinal cord.
The -trained Adjuster is able to locate
the point of obstruction or interfer
ence, and by means of adjusting the
subluxated vertebrae - corrects the
cause, and normal 'conditions,.- ot
health, is the result
Investigation costs nothing, and
means health and happiness.
DR. ELTON B. JONES
the purpose of providing stock-to be
sold to those in the service of the
Company. In order to encourage
the employees of the Company to be
come stockholders and to promote
thrift on the part ot the employees,
the Directors will ask the stockhold
ers tor authority to sell stock to the
employees on the installment plan.
Authority will also be asked of the
stockholders to reduce the par value
of the Company's stock from $100 per
share to $25 per share. It is also
proposed that tor each share subscri
bed for by an employee the Company
will pay the employee a bonus, which
will be added. to the employee's sub
scription, and will be applied on the
purchase price of the stock.
As soon as necessary authority for
the increase of stock and Its sale to
employees is obtained, a detailed plan
will be prepared and submitted to the
It is expected that the great ma
jority ot employees will avail them
selves ot the opportunity for saving
and investment and of obtaining the
accompanying bonus. The Directors
consider that such a plan will still
further strengthen the ties . between
the Company and those in its service.
Standard Oil employees have always
made an extraordinary record tor
average length of service. -Jis be
lieved that the acquisition by Com
pany employees of the Company stock
will add still further to the perman
ency of the organization. The loyalty
and splendid spirit of the Company's
forces make it appropriate that thope
in its service should share In the Com
pany's prosperity through ownership
ot its stock. The Company and the
men and women who make its success
are one family, and the stock owner
ship will add to the pride and content
ment of those who work for the Com
pany and to the reward for their
No step can be authorized by the
stockholders which the Directors will
take with more pleasure and gratifi
cation than the inclusion in the list
of stockholders ot the great body of
employees, without whose loyalty and
co-operation the history ot the Com
pany's advancement could not have
been written. Directors are trustees
for their stockholders, and when the
employees join the ranks ot the latter,
obligations of . mutual service and .
mutual interests will be created,
which are sure to. redound to the ben
efit , of . all, employees, stockholders,
and the Company. t