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BISHOP & Co., BANKERS
Honolulu. Hawaiian Islands.
Draw Exchango on tho
JBiuilc ol Cftlli'ox'Miu, W. 2T.
And Ihoir agents in
NEW YORK, BOSTON, MONO KONO.
Messrs. N. M. Tiotlichild & Bon, London
Tho Commercial Ilank Co., of Bydnoy,
TJio Commercial Hank Co.. of Bydnoy,
Tho Rank of Now Zealand: Auckland,
Chrlstchurch, mill Wellington,
. Tho Uink ot British Columbia, Vic
torla, B. 0., and Portland, Or.
Transact a General Hanking Business
Pledged to neither Sect nor Party,
But cstablithcd for the benefit of all.
THURSDAY, APRIL 12, 1888.
HIGH AND LOW WAGES.
High wages and costly living usu
ally go together, and so do low
wages and cheap living. Iu a coun
try or community where labor,
skilled and unskilled, is scarce, and
thereiorc dear, the co9t of produc
tion must be proportionately high,
and consequently in like degree ex
pensive to consumers. On the
, other hand, where the same classes
of labor are abundant, and therefore
cheap, production is correspondingly
cheap, and the articles of produc
tion aro consequently in similar
measure inexpensive to consumers.
Such is the general rule, to which
exceptions can only exist tempor
arily. Hence it is argued that high
jf - watrfiS am nnt. n lll'lipfif. In n nnm.
inunity, nor low wages a disadvan
tage; because where the former mle
the recipients are in reality no bet
ter off than where the latter obtain,
seeing that the difference between
the two is swallowed up by the dif
ference in the cost of living in the
two cases. The argument looks
sound and the reasoning logical.
Theoretically they hold water or
keep out rain.
13ut what are the practical effects
of high nnd low wages upon the
wage-earners and the traders who
furnish them supplies? Are low-
wages as acceptable and satisfactory
as high wages to those who work for
them? Is the condition of business
as pleasing to tradesmen when low
wages prevail as when high wages
rule? No, decidedly no, is the
answer to the last two of these ques
tions; and to the first it may be
replied, that the practical effect of
high wages ib to produce content
ment among the classes that "earn
their bread by the sweat of their
brow," and to keep trade iu a state
gratifying to tradesmen, while low
wages cause an opposite condition.
Therefore, a community is better
with high than with -low wages.
A community's life and pros-
a-. peruy uepenu uirccuy and mainiy
upon its wage-earning portion. Cash
is the sanguineous fluid 'fyhich circu
lates through its arteries and veins,
"and the degree and vigor of life is
proportionate to the amount and
activity of the circulating fluid. De
posited in coffers and vaults the
fluid becomes a congealed mass,
utterly worthless to the economic
system. The wage-payer is the
reservoir, from which it is drawn
and circulated by the wage-oarner.
The more is drawn, as long as it is
there to draw, the better for the
community. The higher the wages,
the greater the amount of money in
circulation ; and the greater the
amount in circulation the healthier
the state of trade and the better the
condition of the whole community.
Dispensers of wages do not gen
erally endorse these views. Theo
retically, perhaps yes; practically,
positively no. Barring a limited
number of exceptions, they pay as
little for services rendered as they
know how. The most work at the
least price is their standard. This is
called "business" by small-trading,
intellects. The old book, which
teaches that "the workman is worthy
of his hire," is out of date and dis
carded. Employ men at the lowest
wages that they can bo induced to
work for, and enrich yourself by
their eweatand toil. That is the idea,
and to Jericho with the "worthy of
hire" bosh! It should be added,
however,that although this is the gen
eral rule tho world over, exceptions
to it may be found in almost every
community, and perhaps more than
the arerage percentage in Honolulu.
Something may bo said, too, on
tbc other side, before closing, All
the uverice, all the eelfielmees, and
all the "squeezing" in the world aro
not monopolised by employers;
employees have their full share.
Tho rich havo not a "trust" tn these
commodities. The workman often
covets frotn his employer more than
the employer can afford to give, and
endeavors to squeeze from him high
er wages than his services arc worth
to the employer. This is just as un
reasonable and reprehensible on the
pait of the employee as the "squeez
ing" propensity of the employer.
When workmen demand or expect
higher wages than the result of their
labor returns to their employer, they
demand or expect an unreasonable
thing. The workman is worthy of
his hire, but not more than his hire
is worth. "Otherwise expressed,"
the workman, the product of whose
work is marketable at one dollar
only, is not justly entitled to two
dollars for his work.
Tho sum of the whole matter is
this: High wages arc good for a
community generally, although ac
companied by costly living ; there
fore, high wages aie desirable, and
should be maintained if possible;
but wnges cannot be placed and
sustained at a figure which is un
profitable to the employer.
The "Gazette" of this morning,
under its ofllcial notices, states that
Mr. T. R. "Walker has received ofll
cial recognition (by Mr. Jona.
Austin, Minister of Foreign Affairs),
as Her Britannic Majesty's Vice
Consul. We take issue with the
Minister of the Foreign Ofllcc, as
to the correctness ol this announce
ment. A Vice-Consul of Great
Britain can only receive the title
of Her Britannic Majesty's Vice
Consul, when he has his commission
direct from the Quean, and we be
lieve Mr. Walker receives his com
mission from Major Wodehousc, II.
B. M. M.'s Commissioner, therefore
Mr. Walker should be styled British
Vice-Consul, l'erhaps the Foreign
Ofllcc can explain.
A POINT RIDICULOUSLY TAKEN.
The liui.Lr.TiK has not abandoned
its former position by "calling the
veto power Regal, whereas it form
erly never tired of reiterating that
it was Legislative." The Bulixtin
maintains its former position, and is
likely to maintain it, for any argu
ment the "Gazette" has ever pro
duced to shake it. The two terms,
"legislative" and "regal," do not
involve a contradiction. Our con
temporary seems to be ignorant of
this fact. The plain inference from
its statement is, that because an act
is legislative it cannot be regal, or
because it is regal it cannot be legis
lative. Absurd reasoning, and ut
terly at variance with the truth.
"One of the main contentions of the
vctoists in the press and in Court
was that it was purely a legislative
function of the Sovereign." True,
every word of it true. "A legisla
tive function of the Sovereign," and
not of the Ministry, and therefore
regal, because regal means pertain
ing to the Sovereign.
"By the Supreme Court's decis
ion the Cabinet is nutlioritativcly
deprived of all share in the exercise
of the veto power, therefore, says
the Gazette, "when the Advertiser
invoked tlie'conservatism of the ex
ecutive to prevent injurious legisla
tion, our point was perfectly well
taken that the executive was power
less in the matter." "Well taken,"
was it? Candor would record an op
posite confession. Bccauso tho
Cabinet is "deprived of all share in
the exercise of the veto power," is
it therefore and thereby deprived of
all legislative power? Has it no seat,
no voice, no vote in the Legislative
Assembly? lias it no influence over
legislation in the Legislative Hall?
Is tho veto power the only means by
which injurious legislation may be
prevented? Until our contemporary
can show that truth demands an af
firmative answer to theso questions,
it is ridiculous to contend that its
"point was porfectly well taken."
Editok Bui.t.i:tin : I do not wish
to make a personal matter of the
business of tho Woodlawn Dairy &
Stock Company ; but I am too deep
ly interested financially in that cor
poration to allow to pass unnoticed
any false impressions calculated to
reflect discredit, or in any way in
jure that business. I do not wish
to sa3r anything to injure any one ;
but feel it my duty to myself and
all interested with mo to stato
enough of the truth to show that the
contempt thrown upon tho Wood
lawn Dairy & Stock Company, un
der the head of "Milk Trust" in
your issue of yesterday was wholly
unjust. It is made to appear that
the said Company had drawn a very
objectionable cpiitract, and one cal
culated to work an injury to their
competitors, especially to Mr. Mon
lano. I have already staled to you
on a former occasion that tho Wood
lawn Dairy & Stock Company never
have tried to drivo out its competi
tors, 1 now reitcrato that btatenient.
Tho transaction referred to in your
last evening's Bulletin; between
J. I. Dowsett, Jr., and tho said
Dairy originated with J. I. Dowsett,
Jr., and was proposed by htm in
writing in which piopositlon he
(Dowsett, Jr.) named the time, and
inserted, of his own accord the con
dition in reference to "leasing no
cattle to any other dairy." No such
suggestion had been made to hint by
the Woodlawn Dairy & Stock Com
pany or anyone connected there
with so far as 1 know. Tho only
addition or change of any moment,
made in Dowsctt's original written
proposition, was, that the milk
should bo as pure as it should come
from the cows udder and that it
should be fresh and sweet and give
satisfaction to the consumers. And
upon this point we demanded a
guarantee under bonds of $1, 000,
which the said Dowsett. Jr. agreed
should be given, stating that his
father J. I. Dowsett, Sr., would sign
his bond, and I agreed on behalf of
of the Woodlawn Dairy & Stock
Company, (subject to the approval
of the Stockholders), that the said
company should also give bonds in
equal amount to carry out their part
of the contract, vig. : to receive
and pay for milk delivered to them
iu accordance with the said agree
ment. We (W. D. & S. Co.) com
menced in good faith to leccivc nnd
deliver the Dowsett milk on. the lirst
of April. An agreement was drawn
up in strict accord with the original
proposition made by Dowsett, Jr.,
which lit? read and returned, saying
that his father declined to be a party
to that agreement, but would make
a similar one with him (J. I. Dow
sett, Jr.) which would authorize him
(Dowsett, Jr.,) to complete the con
tract as proposed. We waited
for Mr. Dowsett to execute the
promised document, in tho mean
time an cscntial condition iu the
contract vas broken, and hence the
request that no more milk bo de
livered. It is true that when tho
trade was olfered to us it was repre
sented as amounting to 22 cans or
$500 to SGOO per mouth. It turned
out however to be a trade which
called for only 111 cans per day,
considerably under 400 per month.
Wc agreed to pay for all good milk
As wc have not yet refused to pay
for what has been delivered, and no
demand for payment having been
made upon the Woodlawn Dairy &
Stock Company, I fail to see upon
what ground it is claimed that Dow
sett "has lost the ten days milk"
which he has supplied, unless he eon-
sidcrs that pay could not be collected
under his own contract for the
quality of milk delivered.
In regard to Mr. Montano: When
Dowsett Jr. was urging upon Mr.
Grace and myself the advantage wc
were to gain by making a contract
which would prevent them from
lcuting cows to other daries naming
among them Montano' s, these gen
tlemen will both remembor my re
ply, "that I did not wish to make
any contract which would injure
Mr. Montano, and would be quite
willing that they should supply him
with all the cows he could use."
Since tho 1st of April,I have been
requested several times by different
proprietors of competing daiies to
draw up an agreement to the effect
that every dairyman should bind
himself under bonds, not to sell
milk under the price now fixed by
the Woodlawn Dairy and Stock Co.
This I have refused to do, or to
combine with anyone in that line of
business. I have recently been
told by one of the competing dairy
men, that in consequence of the re
fusal to make such combination,
that a combined effort would be made
to run the W. D. & S. Co. out of
the market, and that they could do
it as they have the byinpathy of the
public. If you, Mr. Editor, or any
one else, arc following up the Wood
lawn Dairy to find a "Milk Trust,"
you certainly havo lost your reckon
ing. Yours Respectfully,
B. F. Dii.r.iKaiiAU.
Honolulu, April 12, 1888.
"Aro you going to the ball this
evening?" asked Bob Spinkio to
Gus de Smith. "No, tho company
is rather to much mixed to suite me,
nnd besido they did not. send mo an
bhould I go?"
Honolulu Engine Co. No. 1,
A N adjourned stated meeting of
n Honolulu Engino Co. No. 1 will
ho held THIS (Thursday) EVENING,
at 7:30 o'clock. A full attendance of
members Is requested.
By order of tho Foreman.
15 It Bec'y Ilono. Eng. Co. No. 1.
npiIE annual meeting of the nicmbeis
JL of tho Hawaiian Jockey Club will
bu hold on MONDAY, April 10th, nt
7-30 p. i., at tho Hawaiian Hotel.
0. 0. BEKGKB,
111 lw Secretary.
A MEETING of tho stockholder of
tho Mutual Telephone Company
will ho held nt tho Company's hullulnir,
on WEDNESDAY, April 2nth, at 2 p.m.
0. 0. BERQEK,
IS td Secretary.
Auction Sales by James F, Morgan.
TO-MORROW, April 13tli, '88,
AT lO O'CLOCK. A. 31.,
At the Pnolllc Mall Wharf, 1 will sell
nt Public Auction, for account of
whom It may concern, about
. 40 IjMh. tVlilto Bros.'
Damaged by water, per bk "Samoa."
JAS. F. MORGAN,
Mual Real Estate
A DESIRABLE RERIDENCE
Hy order of Mr. V. Stegcmnnti 1 will
sell at l'ubllo Auction, (on ac
count of owner's depar
ture), On SATURDAY, April 28tli,'88,
AT ltt O'CLOCK SOOX,
At my Salesroom, Queen btrect, Hint
On liinau Street,
Adjoining the lcsldcncu of Mr. W. R.
Castle, mill at pic3cut occupied by Mr.
Steqcmniin. Tho Lot lias a frontage of
75 feet on Kinnu sticel aud it depth of
203 feet. Thcio is a
Large & Commodious Dwelling House,
On tlm premises, containing Parlor,
Dining Hoom, i! IJcdiooni!-, Hath
room, Pnntiy, Kitchen, etc, with
Clothe Closets in Hulrooms; Ser
vant's Houses, Caniage House and
Stables, etc. Thu House hub been
lately painted nnd put in thorough
lcpair; water laid on throughout.
The premises aro laid out with a
variety of trees aud shubbcry.
Terms-Part Cash, balance on Mort
gage. CSF"Inlendiny purchasers can inspect
tho premises, aud learn fuither parti
culars on application to
JAS. 1. MORGAN,
WOOD, WOOD, WOOD.
Hui d wood sawed into stove lengths,
for tale cheap for cash. Apply to T.
J. King, at tho Union Peed Company.
HORSES, &c, FOR SALE.
N account of depur-
Black Marc, broken for harness aud
1 Top Buggy, Hnrncs. Saddle, etc.
Apply V. rtTEGEHANN,
14 lw at II. Huckfeld & Co.'s.
A Small Invoice of
Direct from the potteries in Stafford
-EOK SALE BY-
74 King st
74 King st.
Rattan & Reed Furniture.
Pianos & Furniture
Movyl with Caro.
Matting and Carpets -Laid.
Fine Upholstering & Bedding
CHASRS TO RENT.
nnO tho Creditors of
tho Estate of P.
X Kauimakaolo & Co., of
Maul, Jlankiupts, take notion.
Thnt tho undersigned, Assignee of
tho Estate of P, Kauimakaoo & Co.,
bankrupts, has preparatory to his final
account and dividend submitted his ac
counts .ib such assignee and tiled the
saino before Hon. A. F. Judd, Chief
Justice of tho Supremo Court, at his
ClinmbcrH, to whom ho will apply at 10
o'clock a. m. on FP.IDAY, tho Wth dny
of April next, for tuttlement of baid nc.
counts nnd for a discharge fiom all
liability ns such assignee and for an
order to make a final dividend.
And that any person interested may
then and thoio appear and contest tho
uumc. W. C. PAKKE,
Asblgueo Estato of P. Kauimakaolo
Honolulu, March 81, 1868. C05 4t
lias just received ox-Australla a very
handsome nssortmont of all tho
tn tho3IllIincry JLinc, such ns
I illUUUH.HI AUUWlUiKM
Ornaments, &c, &o.
Also, a Most Excellent Assortment of
I? 3Li TJ M 3B S
OD JMiect from Mm'ope. lm
Whiles tho bridge nl WniklUl is
being reconstructed, one shin of It
only will bo open to trutKc. 1'ioplo
aro cautioned to tlrlvo carefully
over it, and to rufrnlu from carry,
lug heavy loads.
U. F. HEBBA11D,
007 tf Ito.ul Supci visor.
Gial Tar, Stocloli Tar,
F. W. Staples,
Filter Presses, Sugar Coolers,
F. P. Cloth,
Etc., Etc., Etc., Etc. Etc.
FOIt SATii: BY
H. Hackfeld & Co.
CHAS. J. FISHEL,
Wo are glad to know that an intelligent
community appreciate nnd patronize
au institution, thnt has KIHST,
LAST and ALL TUE TIME,
given particularly brilliant
Wo havo cxistGd, and by tho PEOPLE'S
VOTE wo desire to exist. Drivo after
drive havo wo given, and thousand upon
thousand high priced GOODS havo
lloated out to the populace, at
comparatively SMALL COST.
mm LIYE THE
Banaii Sales !
!So SnyM the People.
This Week wo continue our SPECIAL
CHEAP SALE. Every Article
is Marked Down.
Our $4 00 Jerseys will bo sold lor $2 00
Our $5 00 Jorseys will bo sold lor $3 00
Our $G 00 Jorseys will bo sold (or $4 25
Our $8 00 Jorseys will bo sold for $5 00
Special JHnrgninH iu
Bites, Hats, Laces
Black, Cream & White Brocaded
s I DC EC s .
tarWo offer Extraordinary Bargains
In Odd Lots, Remnants and Odds and
Chas. J. Fishel,
Corner Fort and Hotel StB.
TF YOU WANT A SITUATION
X adverthe In the Daily Buxletim.
The New and Elegant Fitted Store of ML McINERNY, corner
of Fort and Merchant Streets,
IS 1VO W OTBil
Wlioro will bo found an Elegant Display of Goods of such
grados, as this corner Imb boon always noted for.
Entire New Lines of Goods selected by Mr. E. A.'Mc-
Inerny now East. Among my very General
Stock -will be found
Ladies', misses' & Ghildrens'
Kill Button Boots anil
Ladies' Silk Hose,
Ladies' Silk and Merino
Ladies' Misses' & Childrens'
Men's Silk Undershirts & Drawers,
" Perforated Silk XTndershirts,
" Lisle Thread & Balbrig-gan Undershirts,
" Saxony Lambs Wool Undershirts and Drawers,
" "White and Red Shaker Plannel Undershirts
Anglo-India Gauze &
Boy's Undershirts. My
Men's Elegant Neck "Wear, Very Choice Line of Sus
penders, Jouvins White and Colored Kid Gloves,
Gent's Pine Hiding and Driving Gloves,
Every Style k Siale ii Mail's Hals ft Bey's Straw Hals
Umbrellas, Walking Canes in Solid Heads
Gold and Silver.
I have the most Complete Assortment in Elegant Fashion
able Styles from the best houses, in the United States.j
Yery Elegant Tweed and Cass Suits,
Black Dress Suits,
All My Clothing is "Warranted Shrunk, Well-Cut, Carefullv
Made and Will Give Very General Satisfaction.
Razors and Pocket Knives,
Razor Straps and Brushes,.
Tooth, Nail and Hair Brushes,
Flesh Brushes, Back Scratchers,
Hand Mirrors, (heavy plate) ,
Gloice Perfumes anil Oilier Toilet Articles.
Ladies' and Gents' Solid Sole Leather Trunks,
Gents' Solid Sole Leather Valises,
Gents' Fine Leather Traveling Bags & Satchels,
Shawl 'and Trunk Straps,
Traveling Rugs, (very fine) , which every traveler ought$to
ft Usual m Stt of La M'sffly V
GOLD & SILVEB
ft II mS
Ladies' & Gents' Gold and Silver Chains, Solid Gold'and
Silver Jewelry, Dimonds and the famous GORHAM
STERLING SILVERWARE, warranted 925 Fine. .
eaN. B. No Plated Goods Sold in this Establishment.-!!
Thanking tho public generally for the very liberal
patronage bestowed on this house during the last 25 years,
and soliciting a continuance of the same at the !N"ew Pre
mises. The Clerks will be found ready and willing to cour
teously attend to all ladies and gentlemen visiting this
Honolulu, March 9, 1888.
Peb. & St. Goat But. Boots,
Dongola Kad Button Boots,
Shoes & Slippers, vari. styles,
Lisle and Balbrig-an .Hose,
usual Fine Assortment of