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THE GARDEN I8JUAND, TUESDAY, MAY 8, 1921
The Relation of the University of Hawaii to
the Commerce of the. Pacific
By ROMANZO ADAMS, Professor of Economics and Sociology.
Agriculture, manufacture, transpor- course of the next thirty years. A
tatlon and commerce must develop i 'rge pari 01 mis iraaa win oe De
side by side with equal progress or
the cne of slower pace will retard
the otters. For a half century man-
must think In terms of thousands of
mile's, In terms of continents. The lit
tle cross currents of local life are not
able bo easily to obscure the larger cur
rents of world life. A location on the
main road at the crosa roads has
marked effect on one's outlook. Men
will pass this way In Increasing
streams and Borne will tarry here for
days or weeks. The great of the
tweeu America on the one side andiearth WU come thla wav- The People
Asia and Australia on thr. nthor mw! ! f the Islands will travel to all coun-
this will greatly increase the Impor
tance of five existing transpacific
ufacture and transportation have' routes: (1) The route from Asia to
the Atlantic and Gulf ports of the
United States via the Panama canal
will be the greatest of all transpacific
freight routes, for American trade
with the Orient will fall mainlv to the
nessed a measure of progress It has cltje8 0f the Atlantic coast fi Sop.
been experiencing a wonderful de
velopment due to the Increasing
application of physical science to in
dustry. While commerce has wit-
not inude equal progress. Of course
there Jias been a vast Increase in the
quanti y of goods exchanged but this
is due mainly to the Improvements in
manufacture and transportation, not
to bet.erments in the buying-selling
In fact, commerce is a sad laggard
so far as progress in its own proced
ure is concerned. By reason of its
relatively low state of development it
retards the development of all other
processes of production. The out
standing need today is the develop
ment of more efficient agencies of
trade. Commodities must be trans
ferred from the ownership of produ
at les expense and, at the same time,
atless expense and, at the same time,
there must be greater certainty of a
reasonable profit for the middleman.
Here are problems calling for the
best ability and the best training.
There is need for inventors in the
field of commerce, and the successful
inventor in this field must be a great
er genius than the inventor of mach
ines. His problems have to do with
humai. nature, with the changing in
Btitutiunal life of our own country
and with the social and industrial
evolution of the less advanced na
tions at the earth.
In passing, it may be noted that the
big prizes always lie in the field of
the big problems. Two or three
centuries ago in England the out
standing teed was for a better com
mercial system and this was the time
of the merchant princes. At a later
time tie need and the center of in
terest shifted to the use of machine
methods in manufacture and then
came the period of the great mill
owners. For fifty years in the Uni
ted States the practical demand has
been tor greater efficiency in manu
facture and transportation, and wit
ness ti e rise of our captains of indus
try and our railroad kings. Here in
the Hawaiian Islands the problems of
this industry are rated as the men of
achievement. Some of the very large
opportunities of the next generation
lie in the field of commerce.
All of this mean's that the study of
comm. rce in universities is a matter
of increasing importance. The act
ual growth of university Instruction
In this subject in the last twenty
years a only a reflection of the grow
ing needs of the business world. In
view cf the practical demands of com
merce it is no longer practicable to
leave the decision of the larger quest
ions of commercial policy to men who
have not studied the economic prin
ciples involved or to rely wholly on
the routine of practical experience
for th j development of leaders. Com
merce, in its larger aspects at least,
is becoming a learned profession and,
as such, it calls for professional edu
cation. It is significant that the
bnive sity oi Hawaii, located at a
point central to the great commerce'
to-be if the Pacific, is establishing a
course in commerce. It means that
the university recognizes the strate
gle importance of its location, and
that it proposes to serve the practical
interests of the Territory, and, in a
measure, the interests of the whole
Tut. service to be rendeded to Pa
cific commerce by the university will
depeiii in large measure on the ex
tent t.nd character of that commerce
and o i the relation of the people of
the Hawaiian Islands to that com
merce. Before planning such ser
vice, it is necessary, therefore, to
reach some judgment as to the prob
able iiture of future commercial de
relopKienti !n the countries
Ing tto Pacific.
It U generally conceded that the
ond in importance will be the direct
route from Asia to the Pacific coast
of the United States and Canada. (3)
The more southern route between
California ports and the Orient via
Honolulu is much longer than the
northern route and it may not be of
leading importance for freight ves
sels, but on account of the mild cli
mate, it willbe favored by passenger
lines. (4) The route from Australia
to the Atlantic ports of North Amer
ica may be expected to attain to only
a moderate importance and its route
will be the least important of the five.
So far as trade between South Amer
ica and Asia develops it will follow
the Panama-Asia route.
Of these five routes, three, the Panama-Asia
route, the southern route
from Asia to California ports, and the
Australian-West North American
route will make use of Honolulu's
harbor. Probably SO to 90 per cent
of all transpacific tonnage will follow
one of these three routes. It is ap
parent, therefore, that Honolulu is
rdilly at the cross-roads of the Pac
ific. What is the significance of this to
Hawaiian trade? The answer to this
question is not clear. One view is
that the merchants of Honolulu will
participate prominently in the com
merce which passos by their very
doors. Doubtless these great trade
routes will make it possible for our
merchants to secure efficient service
in the transportation of goods requir
ed for local consumption and for the
export of Island products. There
will be a considerable demand for
fuel, supplies, and emergency repairs
by ships engaged in through traffic
and passengers and tourists will call
for certain services. Beyond these
obvious finer trade activities one
must be cautious in predicting for
Honolulu any part in the larger com
merce of the Pacific. Probably the
city will not become a point for the
transhipment of goods except for the
Territory itself. Transpacific com
merce will be in the hands of mer
chants of the great mainland ports
of Asia and America.
There are, however, four factorE c
the situation which are favorable to
a certain sort of participation n this
trade by the people of Hawaii. They
are: (1) The fact of a large annual
surplus of profits beyond possibility
of advantageous local investment:'
(2) the initiative of Hawaii's busi-'
ness men: (3) the psychological fac
tor the influence on tho minds of
men that comes from living on a
great highway of travel and com
merce; (4) the racial character of the
population of the Territory.
A brief analysis of these factors
will suffice. A casual examination of
the statistics of Hawaiian imports
and exports for the last twenty years
shows that he islands have been pro
ducing values far in excess of all
living costs and costs of investments
mode in the Territory. This means
surplus for Investment elsewhere.
Asia needs hundreds of millions of
dollars of new Investment capital.
Honolulu lies nearer to Asia, is in
more direct communication with Asia
and has more peoples of Asia than
any other city with surplus capital. It
is reasonably certain, therefore, that
much of this surplus capital will be
invested in Asia. This is the more
probable, now that Europe will require
years to recover her investing power.
Important investments, under condit
ions such as prevail In Asia, always
give rise to important commercial re
lations which the investors control.
The business activities of Hawaii
are largely in the hands of families
which have given evidence of unusual
and diverse power of initiative for
several generations. This constitutes
pretty good ground for the view that
such capacity will be transmitted to
further generations. Ability is hered
itary. The only doubt is on the side
of incentive. Will the practical con
ditions presented by society In Hawaii
continue to stimiluate the younger men
to their best endsavor? Without dis
cussing this question we may assume
that there will be a fair measure of
energy and alertness In the rising gen
eration that some of the younger bus
border- iu duuw uusuiess courage
ana loresignt worthy or their forbears.
Hawaii's location is full of sugges
tion for larger things. Its verv dis-
trles. From these multiplied contracts
the men of Hawaii will receive new
Ideas and Inspiration. The people of
Hawaii cannot be merely local in their
ambitions. The location invites larger
The diverse racial characte of Ha
waii's population is not destitute of
possltive significance. Here are im
portant racial groups, speaking or
learning to speak the language of
America, all imbibing the ideals of
America, all acciuirlnff the industrial
and business efficiency that America Is
able to teach, end each speaking tho
language of some country of the Orient
or Latin America, each still possessing
sufficient of the racial ideals and intel
lectual outlook of its parent stock to
give It a peculiar facility in the trans
lation of American progress Into terms
that can be understood in their re
spective homes. Up ); social re
source that must be used In the life
time of this rising generation for the
opportunity will not continue.
If, then, Honolulu may not aspire to
become a vast entreport for the trade
of the Pacific it is still possible, even
probable, that her sons will have a
prominent part in that trade. The call
will come from China, from the Phil
ippines, and perhaps, from other Ori
ental countries and from Spanish
America for the investment of Ha
waiian capital and for men able to di
rect such investment, for men trained
in scientific agriculture, for men train
ed in engineering, for men trained in
banking and corporation finance, for
men trained in commerce. And Ha.
wait's young men, the sons of pioneers,
will respond to this call.
What is the relation of the Univer
sity of Hawaii to the trade of the Pa
t'iflc? The answer is brief. It is to
train young men of approved ability in
a way to fit them for successful parti
cipation in great industrial and com
mercial enterprises In the nations of
the Pacific. Sound scholarship, up
right character, faithful industry are
essemtials. Right training will impart
practical knowledge and skill and It
will impart practical knowledge and
skill and it will aim to secure bredth of
If the preceding analysis is correct
the university's function in relation to
the commerce of the Pacific will not
be discharged wholly or even chiefly
by the department of commerce. Cour
ses in agriculture and in engineering
in fact all science courses and most
of the work in history, government,
lp-!.-.-...;e and economics will serve
these trade interests so far as the
graduates participate in the develop
ment of the Pacific countries.
The course of study for commercial
students must include not only the
work in economics, banking, account
ing, corporation finance and other ma
terial generally found useful, but also
courses with a strong Pacific bias
courses in the geography, history, gov
ernment, language, Industry and trade
of tho countries bordering the Pacific.
Through such courses the Univrsity
aims to select students of ability, to
develop their powers, to aid them in
acquiring useful knowledge and prac
tical skill along financial and commer
elal lines and to direct thpir attention
to the opportunities presented by the
great regions surrounding this greatest
THE LURE OF THE SOUTH SEAS
The South Seas are the fad these
dayo. Every journal that can dig
up any one with the most distant and
discreditable acquaintance with them,
runs them for all they are worth.
The Asia Magazine Is the latest
with a special South Sea number,
April, with articles profusely and gar
ishly illustrated, by the popular mas
ters of that sort of thing. There is
a story by the English writer of
South Sea fame, Maugham, who has
painted the Islands as he saw them
in his novel "The Moon and Six
pence". There Is another of the
Tlare Hotel of Papeete and its In
mates and the life there by Frederick
O'Brien of "White Shadows" fame.
Let us hope for the decency of all
concerned that it is a much over
Andrew Farrell, formerly of the
Advertiser, contributes "Micronesia
under the Moon" from which it would
appear that the main Interest and
charm there, under tho moon, is the
local variety of the Hula,
Robert M. Lovett, English Profes
sor of the University, of Chicago,
gives an Interesting and valuable sort
of bibliography of the more import
ant - South Sea literature from the
days of Melville, and earlier, down,
from which it would appear that a lot
of fine ability, not to say genius, has
been devoted to the South Seas.
Still another article gives the stir
ring and dramatic experiences of
Martin Johnson, the moving picture
man, with his Intelligent and cultured
wife among the cannibals of the New
Hebrides, the single remaining strong
hold of the cannibal art. They got
all the adventure they got through,
all of which has been wrought into
moving picture story and produced on
the moving picture stage.
There is manifestly some inevi
table charm about these South Seas
and the unconventional free and easy
life there which appeals to many
people, and holds them, for a, time
anyway, in spite of its sordid com
monness and vulgarity.
Everything In tha
Silver and Gold Line,
Rich Cut Glass and
Merchandise of tha
Best Quality Only.
P. 0. Box 342 Honolulu
A Clean Cut Proposition
The Hawaiian-Texas Oil Co. Ltd., incorporated under the Laws
of the Territory of Hawaii, with a capitalization of .? 1,000,000.00, par
;.ilue 10c, now selling at 15c per share, and will continue to sell at
thin price only to May 7th, when it will advance to 20c per share.
This Company owns G,G03 acres in 07 different leases and as soon
as oil is obtained the leases will become PERPETUAL.
TIIE FIRST PRODUCING WELL of the HAWAIIAN-TEXAS
OIL COMPANY, LTD. has just been brought in. It is located in the
Okmulgee District of Oklahoma, just about COO feet from the produ
cing oil well of the Hartford Oil Company.
Everything in this world is a gamble, your LIFE is also a gam
ble, but the only two things we guarantee are:
First : A square deal.
Second : Fifty per cent of the net proceeds from all the OIL
produced and from any and all other profits derived from the
Company's operations to be distributed in dividends to its Stockhold
ers and the remaining 50 to be retained for the continued develop
ment of the Company's properties ; the drilling of additional wells.
Seventy-five per cent of all of the wells drilled in the state of
Texas during the year 11)20 were producing Oil Wells ! i
These figures INCLUDE offset wells, semi-proven wells and all
the Wildcat Wells!
DO YOU KNOW OF ANY OTHER BUSINESS THAT IS 75
For information write to the Treasurer of the Territory
Hawaii, Honolulu, T. H.
International Investment Co., Ltd.
Box 84. Lihue, Kauai.
R. A. Massey, Honolulu, T. H.
R. C. Brumfield, Ft. Worth, Texas.
C. A. Beall, Honolulu, T .H.
A. F. Massey, Honolulu, T. H.
James Campbell Bldg.,
Honolulu, T. H.
REFERENCE: National Bank
Dr. Robt. Anderson, Honolulu, T.
John B. Fernandez, Lihue, Kauai.
Raymond Massey, Ft. Worth, Texas.
R. C. Brumfield, Ft. Worth, Texas.
Frank M. Correa, Honolulu, T. H.
C. A. Beall, Honolulu, T. H.
Fort Wbrth, Texas.
of Commerce, Ft. Worth, Texas.
tA,9iLKt.taAi. miM-ir nriiinin Ij J- UJ m - m, t tor " m mitrt i ii m..i ir i " - i r
Wis ;v55S5ss ;S. m1
For Your Children's Sake
The future place of your children in the world will depend largely
on the care and training which they Teceive.
You now see to it that they lack for nothing, but suppose you were
suddenly lost to them?
How about their future then? Vou can protect the financial future of your
children and save your heirs endless trou Dies and anxieties when they come into
your estate by planning and settling NOW the disposition of your property.
We cordially invite you to consult our officers freely, without expense, about
making your will and to consider the adv antage of appointing this Company your
Executor and Trustee.
BISHOP TRUST CO.
P 116 ill
! Ill 111
commerce of these countries will un-tance from other centers of population!
dergo a very great expansion in the I gives the people a wide horizon. They'
N YL5ARS EXPERIENCE IN SETTLING AND MANAGING ESTATES r-