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BISHOP & Co., BANKERS
Honolulu, Hawaiian Islands.
Draw Kvclianjir on tho
Ftunlr ol California, . V.
And (liclr agents in
NEWYOHK, BOSTON, HONG KONG.
Messrs. N M. Holhschlld &Son, London.
Tho Commercial Bank Co., ol Sydney,
Tlic Commercial Bank Co., or Sydney,
The Hank of New Zealand: Aucklnnd,
Chvlstchuroli, mid Wellington.
The Hank of British Columbia, Vic.
torln, B. 0. nml Portland, Or.
Transact a General Banking Business.
Pledged to neither Beet nor Party.
But established Tor tho benefit of till.
T1IUKSDAY, SKIT. !!, 1885.
THIS EVENING'S DOINGS.
Yoscmite Sknting Rink 7.
Mystic Lodge, K. of 1, 7:30.
Fryer's Circus, at 7 :30.
Business in this city, at the pres
ent time, is under the ban of what
commercial men nre nccustomcil to
dcigimtc as dull times. And dull
times arc generally but a conven
tional phrase for short sales, few
buyers and a universal weakening of
the purchasing power of customers.
Dull times is not, as some people
broadly assert, a mere ghost of the
commercial imagination. It is to
business men a veritable entity
whose existence meets them in what
ever enterprise they arc engaged.
Wares and salesmen arc as abundant
and accommodating as in good
times, but they won't draw custom
ers because the latter arc held back
by contrary and more potent forces.
Under the good times regime, buy
ers multiply in number and develop
much weight in orders, and the
trade, catering to these flush de
mauds, lays in heavy stocks, stimu
lates production, and reaps tho first
fruits of what seems to be but the
beginning of a golden harvest. The
buyers exhaust their resources, the
harvest is blighted, and the next
announcement on the boards is
"dull times." Lying like an incu
bus upon enterprise and industry
and seemingly an unmixed evil,
"dull times" nevertheless constitute
a very curious and interesting pro
blem in social economy.
In times when society existed
under more primitive conditions than
nowadays, the people floated on the
crest of the topmost wave of pros
perity when the products of land
and sea supplied them plenty food and
clothing. Their wants were few, and
when moderately supplied, they re
joiced in "good times." Nothing
short of famine or pestilence was
pronounced "hard times." In the
conditions of modern society, it
would be very difficult to measure
the quantity of prosperity necessary
to produce good times. The "wants"
of mankind arc as a general rule in
satiable. To gratify them would
require unlimited resources. And
with respect to the buyer, "hard
times" prevail to a greater or less
extent in proportion as the insatiable
remains unsatisfied. The trader feels
the pressuro of hard times in bur
densome accumulations of unsal
able wares, but at what point the
purchaser draws tho line between
good and hard times is the most dif
ficult part of the problem to solve.
We read of a period in the history
of an ancient country when silver
was plenty as tho pebbles in the
streets, and the King's treasuries
had gold enough to redeem all the
silver certificates, and yet enough
left to finish the rooms of public
buildings with golden lumber, but
that era of good times culminated in
a bloody political revolution, fol
. lowed by centuries of bloodshed.
Periods of great prosperity arc not
times of the greatest happiness,
cither to the individual, the family
or the nation, It is when the ship
has every inch of canvas spread that
she may be in most imminent dan
ger. Fair weather and nmooth scaa
make careless seamen. And in tho
same manner, booming prosperity
has, in the history of communities,
been co-extensive with the wildest
recklessness, both in business and
Dull times aro not an unmixed
evil. They are often useful if only
to show ' what our real needs arc,
People are compelled to discriminate
between the real necessaries of life
and the Insatiable demand for luxu
ries, Submitting to the discipline
of straitened ciicumstanccs, they
develop moral qualities, which with
linliinitcd resources would have re
mained dormant. Merchants, in dull
times, asccitain the true value of
leliablu customers. The pernicious
results of unlimited credit appear,
and business is conducted on a
sounder basis. The real and the
visionary arc separated by bold clear
lines, and solid enterprise takes tho
place of gilded speculation. Thus
it is that the era of dull times, irk
some though it is, ma' be turned to
profitable account. Such times com
pel attention to principles of wisdom
and prudence that otherwise would
be in light estimation. If expend!
tines and purchases were tegulatcd
in Hush times by a little of the judi
cious forethought of that born states
man Mho laid up the surplus of the
years of plenty to provide for the
years of famine, dull limes would
never be heard of in the marts of
commerce. "Wants" would bo
"regulated, not by the resources on
hand to gratify them, but by the
extent to which they might be grati
fied consistently with a wise dis
crimination between those that arc
real and those that arc imaginary.
There is no good reason why there
should be felt so much of the op
picssive restraints of hard times.
Land and sea, through the opera
tions of agriculture and commerce,
yield no meagre returns. The re
sources of nature show no symptoms
of exhaustion, but yield responsive
to the demands of increasing popu
lations. And just in so far as these
demands exist under reasonable
limitations, by so much will the
period of dull times be shortened,
and the interval of its return be
IRRIGATION IN VICTORIA.'
Melbourne, the capital of Victo
ria, Australia, was recently invaded
by a formidable delegation of farm
ers. They numbered several hun
dreds, and their speakers alone made
up a phalanx thirty tongues strong.
Their object was to ascertain what
prospects there were of state assis
tance to a mammoth scheme of irri
gation. It was proposed that the
Colony should take measures for
raising a loan of fifteen million dol
lars, "to be expended in construct
ing large reservoirs, weirs, canals,
and other similar works, for the pur
pose of irrigating the whole extent
of the northern plains." What en
couragement the Government at this
time gave the farmers is not report
ed as yet. Yet it is widely known,
beyond the bounds of the Colony,
even, that the Government of Victo
ria have been alive to the importance
of the great object in question.
They have appointed a Itoyal Com
mission on Water Supply, whose de
liberations are now in progress ; they
have sent one of their members to
the Pacific Coast of America to look
into systems of irrigation thorc, and
they have had a Water Conservation
Act passed, the provisions of which
we are not acquainted with. There
seems, however, to be an insurmoun
table prejudice among the people of
the country, against subsidizing from
the national treasury any enterprise
directly benefiting only a particular
class. This, however, it would ap
pear, will not weigh against the
Government's intervention on be
half of the agricultural interest, to
the extent of negotiating a loan,
AH that will likely be asked of pri
vate enterprise is a guarantee of the
payment of interest from the start,
and, ultimately, principal. So im
mense a loan as the amount mention
ed above, to be raised by a country
with a population of scarcely a milli
on, and a total annual revenue of
about $25,000,000, involves vast res
ponsibilities upon the rulers, besides
demanding no mean financial skill
and prudence to engineer. Indeed,
the very mention of such a proposal
implies a colossal confidence on the
part of the people in tho future of
their country. How grand it would
be to have like confidence, well
grounded, existing among tho popu
lation of this Kingdom with regard
to their national future ! It remains
to be seen whether the Victorians
can procure a body of capitalists
within and without their country to
float such a stupendous scheme,
Coming home, is it not a consumma
tion devoutly to be wished that this
nation was in a position to raise a
loan adequate for a like purpose
with that of Victoria farmers? There
is a largo proportion of flic publid"
domain of the kingdom which, it is
said, must ever remain wilderness,
until it is artificially watered. The
success of private enterprise in this
direction, in various quarters, makes
that a less hopeless desirability than
it was regarded a while ago. Favor
able prospects aro increasing, how
ever, of private enterprise 'shortly
leading the state in the improve
ment and settlement of land. Al
all events, while money cannot be
borrowed to give tho inhabitants of
the capital sufllcient water fit for
domestic use, it might be deemed a
refinement of malice, or nt least a
coarseness of judgment, to suggest,
at this juncture, the raising of a
national loan for agricultural irriga
tion. Therefore, wc desist.
"SUC AR CRISIS IN MAURITIUS."
"The Sugar Crisis in the Mauri
tius," is the title of a pamphlet
from the able pen of the president
of the Chamber of Agriculture the
Honorable W. Newton (says the
correspondent of tho S. M. Herald).
This difficult question is treated in a
masterly style, and after supplying
us with much food for reflection,
ends by making the four suggestions
hereunder: 1. To abolish, or at
least to reduce, the export duty on
our sugars. 2. To lower the rail
way rates for the conveyance of
Btigars to Port Louis. 3. To offer
a premium to the person who finds a
means of extracting from the cane
more sugar than is at present ob
tained. 4. To establish a school
of agriculture, station agronomique,
having for its object to study 'the
means of bettering our culture, and
to teach the principles of agriculture
to young gentlemen desirous of
directing their attention to that in
dustry. Those suggestions were re
ferred to a committee of the Chamber
of Agriculture, who recommended
that the first two suggestions bo not
gone into just now, owing to the
falling off of the revenue of the co
lony. With regard to the premium,
they recommended that two should
be given, both on a sliding scale
the first to the person who obtained
from the cane more juice than is at
present obtained according to tho
following: Thus for 10 percent of
gain, 60,000rs. ; 12, 75,000rs. ; 15,
OO.OOOrs. ; 17A, f05,000rs. ; 20,
120,000rs.; 22, 135,000rs. ; 25,
150,000rs. The second premium to
be on an ascending scale, to be given
for the extraction of sugar from the
cane juice at the following rate :
For SO percent, 100,000rs. ; 91, 120,
OOOrs. ; 92, M0,000rs. ; 93, 1G0,
OOOrs. ; 94, 180,000rs. ; 95, 200,
OOOrs. ; 9G, 220,000rs. ; 97, 240,
OOOrs. ; 98, 2G0,000rs. ; 99, 280,
OOOrs. ; 100, 300,000rs. This re
port is now under the consideration
of the Government. With reference
to a despatch received from the
Secretary of State on the subject,
Lord Derby, who referred this pam
phlet to Sir Joseph Hooker, is of
the same opinion' as the latter as to
the inutility of offering any rewards,
and expresses surprise that the pros
perity of the island should be de
pendent almost wholly on a single
production, when coffee, the aloe,
and China grass fibres could be
grown with advantage in many parts
of the colony which are unfit for
The foregoing selection is very
suggestive. It shows that more
sugar countries than this one have
been led, by the ignis fatmis of
large present profits, into the wilder
ness of dependence upon a single
staple. AIbo, that those other coun
tries, when left floundering in a bog
of financial depression bytho ebb of
the market tide, arc disposed to
resort to the cxlremest factitious
devices in order to sustain their
single staff of bread in some degree
of profitableness. But in Mauritius,
as here, there is a voice crying in
tho wilderness, warning tho people
against the folly of tryingto raise
themselves out of tho mud by their
bootstraps or of trying to make
themselves rich by transferring
money from one pocket to another.
There the voice belongs to Lord
Derby, late British Foreign Secre
tary, who in the calm words of
English common-sense and experi
ence asks tho Mauritians, in sur
prise, why they should continue
their dependence upon a dingle pro
duction, when a variety of other
valuable staples will flourish through
out the colony. Hero in Hawaii tho
samo voice has been raised, but by
the inhabitant themselves. ' It ljas
even been joined in by leading sugar
factors, the organ of their interest
making diversified industries one of
its leading objects. Let no revival
of sugar prices, however great, be
allowed to render tho word of warn
ing and of wisdom ineffective.
EDITORIAL NOTES. L
'An article Iti'lhc Brooklyn uSagle
Holds that it is mediocrity thnt'scorcs
most successes in life. Baseball is,
however, entirely ignored in Ihc
Patent medicines -nro not such nn
important article of commerce in
England as in America. This is be
cause the rich prefer to give their
health in keeping of the doctors,
and the proprietary specifics are too
dear for the poor to buy. Thu news
paper correspondent who gives this
information docs not tell how the
poor keep up their physical tone.
Mr. Walters, proprietor of the
London Times, when in New York a
fow years ago, was shown through
Kiversido Paik. On reaching the
spot where General Grant now rests,
he thanked his friend who led him
there, saying he had traveled in
many lands, but had never seen such
a beautiful drive as that. Views of
the place in the illustrated papers
make one readily believe that the
taste of Mr. Walters was correct.
In to-day's issue will be found a
very readable account of a yachting
contest preliminary to the great in
ternational race for the America
cup. It is a matter of surprise that
there is not more of this delightful
pastime of yachting in a place of
such favorable conditions for it as
Honolulu. Popular interest, and
the public's support, seem to be
wedded much more to rowing aqua
tics. This is strange, in a climate
where phj-sical exercise in themini
mum is usually regarded as a sulll
cieucy. We hope the brcez' account
of the New Bedford- race may have
its due effect in stimulating the
Honolulu Fire Deprtmt
THE regular monthly meeting of the
above will le held THIS EVEN
ING, Sept. 3d, at 7:30 o'clock, at the
hall of Engine Co. No. 2. Every mem
ber Is particularly requested to be pre
sent, as business of importance will be
brought before the meeting.
JULIUS ASCII, Chief.Acting. t
Fryer's Circus Co.
Benefit Tendered to the
Honolili Fire DepriMt
Friday Eveniiijr, September 4,
Under the patronage and in the presence
of Their Majesties the King and Queen,
nnd Their Royal Highnesses Princess
Liliuoknlani and Princess Likclike.
tT" Prices of Admission Dress Cir
cles, $1.35; Other Tarts of the House,
$1: Children under 12 years, SO cents.
September 3, 1885
Grand Gala Performance ! I
I EiiaiiiTiciilii !
tl.VDEll TJIK I-ATUONACIE OK
IliH SXiINiy tlio King?.
The proceeds to bo devoted to the
completion pf tho KAUMAKAPILI
CHURCH, so favored by tho King. Ills
Majesty, who has postponed his visit to
tho other islands, will doubtless add
luster to tho occasion by his presence,
"Everything will lie done to mako tho
Do not fail One and All, to help swell
our well-meant, if humble, contribution
(o a cause bo worthy your efforts.
Admission, adults CO cents
Children t 25 cents
Reserved scats, extra ........... 25 cents
J3T Tickets forealo at J. E. Wiscman'si
Nos. 61, 63 and
We wish to announce the arrival of our new Summer Stock in our
which is the most complete in this city.
KS' Feathers Cleaned and CurledS
Native Straw Sewed in all the Styles of Hats.
.")00 piece of Dress Lawns at very Low Prices.
New designs in Dress Goods, Satins & Huntings.
Ladies' "Wrappers "and Children's Dresses
in large varieties. A large invoice of Laces and Embroideries.
Ladies', Misses', Children's and Infants' Hosiery
in the latest styles.
BOYS' WAISTS! BOYS' WAISTS!
Youths', Boys' and Children's Clothing a specially.
AST NEW GOODS IN EVERY DEPARTMENT. -a
86?" Call and be Convinced, -a
S. COHN & COMPANY.
Pacific Hardware Company
SUCCESSORS TO DILLINGHAM & CO. AND SAM'L N0TT.
IMPORTERS AND DEALERS IN
Hradware, Agricultural Implements, House Furnishing
Goods, and General Merchandise
Just received Eddy's Refrigerators and Ice Chests, new styles of Chandeliers
and Library Lamps, Stoves and Ranges, Kerosene Oil Stoves.
m 3TA.IRB A3VKS' AND HOWE'S SCiVEjJGS. -B
All of which are offered upon favorable terms.
PACIFIC HARDWARE COMPANY.
Granite, Iron and Tin Ware !
Chandeliers, Lamps and Lanterns,
WATER PIPE and RUBBER HOSE,
House Keeping Goods,
PLUMBING, TIN, COPPER AND
993 SHEET IRON WORK.
mmimmmmm mm i mam n i i. . nwi i i i w
JOSEPH E. WISEMAN,
The Only Becognized General Business Agent on the Hawaiian Islands
ESTABLISHED X 870.
Offices in Campbell's Fire-proof Buildine, 27 Merchant St., Honolulu, H. I
X. O. Box. 315 : I 2 t Tolopliono 173,
REAL ESTATE AGENT Buys and sells Real Estato in all part? of Ihe King
dom. Rents Ofllccs, Houses, Cottages and Rooms.
SOLICITING AGENT FOR WILDEIVS INTER-ISLAND STEAMERS-Tour
ists itnd tho Traveling Public will apply to 1110 for Tickets and information to
SOLICITING AGENT FOR THE MUTUAL LIFE INSURANCE CO. OF NEW
YORK Tho Largest, Grandest and Soundest Institution of its kind in tho
AGENT FOR THE GREAT BURLINGTON RAILWAY ROUTE IN AMERICA
Thls'Routo excels all other routes going East, the fcenery being tho grandest,
tho meals tho choicest and tho Falnce nnd Dining Cats the handsomest ami most
EMPLOYMENT AGENT Finds Employment for nil cocking work In tho vari
ous branches of industry on tho Islands.
SOLICITING AGENT FOR THE CITY OF LONDON FIRE IN8URANOE CO.
Tho best known Company in the Islands,
CUSTOM HOUSE BROKER Enters Goods nt Custom House, payH and discharges
Freight and Duty Bills under power of Attoinoy.
MONEY BROKER Loans Monoy nt nil times on first-class sccuritly.
GENERAL BUSINESS AGENT Legal Papers of every description drawn. Bills
Distributed and Collected. Books and Accounts kept and adjuste.l. Records
Searched. Rents Collected. Tuxes and liiBinanco on Properly looked after.
Copying and Engrossing done. Advertisements, Newspaper A rtic let", Corres
pondence and Commercial Business of every naturo promptly and accurately
AGENT FOR THE .NEW MUSIC HALL AT HONOLULU-Companlcs abroad
wiUcorrespond with mo for terms, etc. Orders for Island Shells, Curios, Lava
Specimens, Native VIows and Photos carefully filled and forwarded to all parts
of the World.
BST Information appertaining to tho Islands given and all correspondence failli.
fully answered. '
' JOSEPH E. WISEMAN,
878 General Business Agent, Honolulu Hawaiian Islands,
65 Fort Street,
, L 8 Kaaimai Street
fe,'. ? , ...."..
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