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It. may ho roininil)orc(l tlint cheap
niotioy, as (lufini'il by its onoinios, is
mi monoy whoso intrinsic! valuo is
loss than its fnuo valuo. Thoro is
ono phnso of tho cheap 11101103 ques
tion which iiovor seems to have heon
noticed 1)3 its onemios, viz.: tho
positive necessity at times of nations
having somo 11101103, n"d "heap ma
terial was the only material avail
able to maUo it of. Material wealth
olhor than bullion was plentiful,
but 110110 of it was available as inoir
03. By baiter alone could exchanges
bo made, and that was cuinborsoino
and timo-wasling. In these days
when 11101103 l'an 10 niado of iy ma
terial by civilized sovereign law,
noithoi individuals nor nations aro
willing to submit to tho extra labor
barter requires in business. What
should bo done to tide over tho
crisis? Tho answer is obvious, hav
ing no bullion they must coin some
of thoir credit or available wealth
into 11101103, 'hf W!,s practical and
reasonable, and that, was done 13 in
telligent, practical, live men genera
tions ago. Tho colony of Massachu
setts in 1(595 and 1715, having neither
11101103 nor bullion, coined its credit
into 11101103, and that paper money
constituted its measures of valuo for
scores of 3ears. Tho Continental
currency was also paper and was is
sued for the same reason, tho 11101103
wants of tho colonies were urgent,
it was llobxon's choice, "that or
nothing." Poor as it was, it assisted
tho colonies to independence, tho
object sought. In 1707 tho Bank of
England closed its doors against its
note holders, it could not redeem its
notes, but by permit of tho Govern
ment tho bank continued to issue
irredeemable, cheap 11101103 for 23
3'oars. The Government made those
notes lejral tondor. the Government
as well as the bank directors know it
was paper 11101103 or no ' 11101103 at
all, as those times woro considered
too dangerous for gold and silver to
uncover themselves. Tho issuo of
that cheap 11101103 proved a wise and
profitable policy for tho English
people, as the nation was said to
have nourished as never before dur
ing those years of cheap 11101103,
notwithstanding its exhaustive wars
with the French at tho time.
T11 America during the rebellion
all gold redemption banks failed, tho
system of specie payments utterly
collapsed, all coin left tho channels
of trade. Tho Government borrow
ed at homo and abroad at great
sacrifice as long as its credit was ac
cepted. Tho 11101103 requirements of
tho government weio largo and
urgent, it tried ovor3 plan known to
statesmen to borrow and supply it
self with money and, failing, thoro
was nothing it could do but coin its
own credit into 11101103, which was
done. Thus tho greenback was born,
a child of necessity, and tho Govern
ment fought out tho war to success
with tho assistance of this irredeem
able cheap 11101103. It was that or
nothing and tinio has shown its
valuo. Jt now tills tho place of so
much gold coin dollar for dollar, for
all domestic 11101103 purposes, oven
to being an acceptable redeemer -for
tho National Bank note.
What would tho Century writer
and others of his faith have done in
such 11101103 crises as those referred
to above. Would tho3 recommend
issuing a paper curroiic3 which
brought prosperity to tho troubled
land as did tho wise 111011 of those
times. Or shut their eyes, remain in
active and let financial ruin, povort3
and despair overwhelm their coun
tr3 and its people.
Jno. M. Hoitxnn.
A great uiaii3 of your readers havo
latol3 onjo3ed 3'our refreshing edito
rials about our hard times and tho
prospective revival of good limes,
forming a pleasing contrast to tho
ovor croaking Advertiser, but on
Friday you have shocked tho feeling
and good sense of tho same readers,
b3 3'onr comments on tho purchase
of tho Island of Niihau 1)3 Great
Britain, In tho nanio of all good
Hawaiian patriots I protest against
those misleading remarks for the
Hawaii is yet an independent
country and can enter into any nego
tiation without tho cordial assent of
tho United States. This cordiality
is rathor 0110-sided, as wo havo boon
troatod like niggers. Wo havo made
a treaty with tho States, based on
thoir Customhouse tarill' at that
time and tho troaty and tho advan
tages woro mutual. Now without
notice the basis of our contract litis
boon roniovod and all tho advantages
aro 0110-sided, 011 the sido of tho
United Stilt os. Our great neighbor
cannot make our Jinaucial situation
any worse than ho has done by tho
divine right of tho powerful ovor
the fooblo ono. T don't caro to give
him cause for resentment or retalia
tion, as ho can do no more harm
than he has done. Perhaps 3011 be
lieve that ho can abrogate our troaty
and charge duty on sugar. No, ho
cannot, as Secretary Foster has de-
cided thnt no duty can bo levied on
sugars grown in the streets of Hong
kong, becnuso Hongkong has not
been discriminating against Ameri
can produce. If our Government,
God help it, now abrogates our
treaty and charges tho same duty on
American produce and products, as
they exact, on English and French
goods, tho United States havo 110
cause for complaint and cannot 13
law place our sugar on tho dutiable
list, because thoy allow Chinese and
other sugar to conio in free of duty.
China and other countries aro dis
criminating against American pro
duce, wo aio not.
1 trust that our Ministers will kick
(as our army is not strong enough to
tight) against any and all injustice,
and insist upon proper indemnifica
tion or appeal to other powers for
honest reciprocity and protection.
Messrs. Kintj liws.arr showing a fine
line of Hamhoo and other style Parlor
Easels, Wall ltmckrlx, and Window
Cornices, at Prices to meet the times.
To Lot or Xioaso.
rpVO N1HELY FITH
JL iiNhrd Hooitix, cen
trally located. Inquire nt
P.UM.r.Ti.v Olllre. :wMf
1 Cottage nt Mukil-i,
near Deretania stieet car.
Hunt $10. Ajqily this olllee.
DUVAL PI1EMISES, 31
Beretania shout, 011
iioite Fort street uliuruli.
Ani.lv to II. 1. LILL1E.
'2-tf At Theo. II. Davies it Co.
COTTAGES TO LET.
rpVO XKW COTTAGES
JL centrally located, con
taining two licdionm-, )iar
lor. dintnii-rooiii. liatli and
nantrv. fient J 10. l'liq'uire at this otlicc.
VTKV HOUSE OF FIVE
L rooms, on Magazine
street, with Bathroom, pat
ent . U.. etc. Commands
one of the finest views in Honolulu. Annly
IU tfl-llf .1. m. ,1,.41-kJ.
A NICK COTTAGE ON
A I'.eretania street, near
1'iikoi street, containing
l'arlor, '2 Bedrooms, Bath
room, Diniiigroom, I'nntry and Kitchen.
Servant's room, Carriage House, Stnhlo, etc.
Tramcars pass every .'() minutes. Aiqily at
oineu oi tins najier. i;s-ti
HOUSE TO LET.
( 10TTAGE NO. I, NEAU
J the Queen's Jlosm'tal,
facing on Punchbowl street,
iiirmsncil. J'aities wislinie d
to rent the house can imicliaso the Fumi-
ture if desired. The Furniture ill he sold
at l'uhlic Auction if not disposed of hv
Aug. IS, lhi)2. Furniture consists of 2 i.
V. Bedroom Sets, 1 l'ailor Set, G pieces; 5
II. W. Dining Chairs, 1 Marhlctoji Center
Table, 1 Lounge, 1 Dining-room Table, 1
Stove and Fixtures, Kefrigerator, Mosquito
Nets, l'arlor Lamps, Oil I .tinting", Spring
Matt rashes and Carpets, etc., etc. inquire ut
lfi'-lw 13 Nutianu street.
The undersigned having been appointed
Sole-Agents for the Hawaiian Islands
run Tin: cr.i,i:intvrni
FJtOM THE WOKKS OF
Burham, "Williams & Co.,
Aro now prepared to give Estimates and
receive Orders for thee Engines,
of any size and style.
The Baldwin Locomotive Works
AKE NOW MANUFAOTUHINO A
STYLE 01-' LOCOMOTIVE
Adapted for Plantation Purposes
A number of which have recently heon
received nt these IslandH, and wo will have
pleasure in furnishing plantation agents
and managers with particulars of Mime.
The Superiority of these Locomotives
over nil other makes is known not only
hern hut in acknowledged throughout th'o
WM. G. IRWIN & CO., Ltd.,
Solo Agents for the Hawaiian Islands,
LEWIS. J. LEVEY,
l!)l-lw Cor. Fort k (Jueeii streets.
MIE 1HILLETIN IS THE LEADING
X Dally J'ii per of the Kingdom. Fifty
cents per month.
Stent 11 tiJ&tSfjb.
ffij 1 ' O.'.'iaiL-
St. X-iOTJiis, JsLo.
BREWERS OF FINE BE
Manufactured from Pure Malt
iyNo Corn or Com Preparations used In place of Malt, as is done by oilier East
ern Breweries, in order to cheapen the cost of their Beer, and to compete with our
world-renowned and justly famed article.
With the Completion of the Wew Brew house,
the Brewing; Capacity is the Largest
of any Brewery in the World.
Brewing Capacity: 6 kettles every 24 hours, 6,000 Barrels, or 1,800,000
Barrels per year.
Consumption of Material: Malt, 12,000 bushels per day 8,600,000
bushels per year. Hops: 7,500 lbs. per day 2,250,000 lbs. per year.
No Corn or Corn Preparations are used in the manufacture
of the Anheuser-Busch Beer. It is, therefore, the highest priced but the
most wholesome and really the least expensive for its superior quality.
Annual Suuuunc Capacity : 100,000,000 Bottles and 5,000,000 Kegs, o
The A.Mii:im:i:-liuscii Co. have carried oil' the Highest Honors and the Highest
Class Gold Medals wherever they have competed. At all of the International Inhibi
tions th-o.i !iout the world their Ileer Excelled All Others!
This Company have prepared a Special Brand of their Highest CI ratio Deer for the
Hawaiian Islands, known as " SPEOI A I. 1SUEW," with a handsome, label and in "White
Dottles, which, with their best "KXl'OltT AXHEUHEI! " in Dark Hot ties, heretofore
imported, we will now supply to the Truth- in Quantities to Suit.
G-. W. MACFAKLANE & CO.
quitable Life Assurance
OP THE UNITED STATES.
An Eminently Conservative and Safe Company.
The consideration of llrst importance in jiurging of the condition of any llnancial
institution (and notably of 11 Lifo Assiirant-o Company, the majority of who-o contracts
extend over long periods of yours is its .Surplus Strength, The EtiuiTMii.i: has, over
and above all Liabilities, n Larger Surplus than Any Other Assurance Company.
Assets, Dec. 31, 1891,
Liabilities, im-luiling the. Ite-ervu on all existing
1'olioios (I per cent, Standard), ami Kpt-flal
Reserve (toward tho establishment of a .'!) pur
cent, valuation of $lrifxi,o(X)
This Surplus remains after making provision for every obligation, on a ligid calcu
lation of Liabilities, based on the stantlanl prestiiibed by tho Insurance Law of the
State of Now York, which assumes that Assets will ho Invested so us to realize inteu-st
nt tho rain of 1 porcent, per annum. In addition to tills, in a spirit of conservatism,
the Directors of the Society, on the rccoin inundation of its Fiimiu-u Committee, havo
set aside a Speclul Additional lioservo, looking toward oven n mora stringent and con
servative future stantlanl of valuation than the law now prcsoiibes,
ALEX. J. CARTWRIG-HT,
Gonoral Agont for Hawaiian Islands.
(ni:V lil'I.M'TJN W.O0K, MERCHANT M'lil'irr)
REA.L ESTATJE BROKER
Fi.-ro Insurance Placed. Collections Attended To.
RENTS COLLECTED AND HOUSES RENTED.
ANY BUSINESS KNTJUJSTKD TO ME
and Highest Grade Hops!
Adonis for tho Hawaiian Islands.
WILI, UEOEIYE PKOMPT ATTENTION, i
Beware of Imitations!
I CAUTION the Public against the oller
L ings of "Noimal Sanitary .lueger
Underwear" advertised by unscrupulous
limiM's to mislead the public. The
Genuine Normal Mary
IV Cannot bo purchased there, but
only at my Store.
For the Hawaiian islands of Dr. mod. 0.
.laeger's Sanitary Underwear.
IS SHOWING A
T-Tow so Popular
AND AT I'lUOEri WHICH YOU WILL
CONSIDER EXCEEDINGLY LOW
FOR SUCH HIGH GRADE GOODS.
T. 1'. SUVKHIN.
A. W. HoLsTin.
Fort st., over F. Geitz's Shoe Store.
YIEW, LANDSCAPE, aud PORTRAIT YIEWS
OF THE ISLANDS,
Such as Natives Making 1'oi Grass Houses
Hawaiian Style Riding Hulahula
Dancers Cocoanut Groves I'aliu
and Date Groves Street Views
and lluildings War Vessels
Shipping mid Marine
Views, Etc., Etc.
Also a Largo Collection of all I'roininent
and Interesting Views of the Hawaiian
Islands, either .Mounted or Unmounted.
Books of Hawaiian "Views
Made up to Order at the mot Reasonable
Rates in Honolulu.
Cabinets SG and 85 a Dozen.
K-fil 1 O. Hox ISIS ftf
Win. G. Irwin & Go.
Win, G. Irwin, -Clans
W. M. Gillhrd,
Theo. 0. Porter
President and Manager
- - - - Vice-President
Secretary and Treasuier
AOUNTS OI Till'
Oceanic Steamship Company,
OF SAN FRANCISCO, OAL.
. BREWER & CO.
.1. O. Carter . .
G. 11. itohertsou.
.President and Manager
. ... Secietary
E. '. Illsliop.
W. F. Allen
Hon. 0. it. llishop )
II. WaturhouMi )
Wo will sell Aleurolm Wood and deliver
it to any part of Honolulu for Nine Dollars
anil Sevcnly-llvo Cents .'f!).7fi u Oord,
WOOD SAWED and CHOPPED IF DESIRED
IW" AT A M.WIIT AIIVANin: "TS1
SF" Our Wood is not worm-eaUm aud
wo )ill sell any (jii:iutlty from a Half Cord
rpiJE WEEKLY BULLETIN'- COI,
i ,-L limns of inteiesting Heading Matter,
Jtdaiuls,t4j niiiilcd to foreign countries, $5.
IMPOUTEU AND PU.V1.UU IN
Steel & Iron Ranges
Stoves Sc DTisEtTJires,
HOUSEKEEPING GOODS & KITCHEN UTENSILS
Agate "Ware in Large Variety,
WHITE, QUAY and SILVER-PLATED;
LAMPS & CHANDELIERS,. -,
Crockery, Rubber Hose, Lift and Force Pumps,
"Water Closets, Water and Soil, Pipes.
PLUMBING, TIN, COPPER AND SHEET IRON WORK.
DIAMOND BLOCK, Nos. ),- & 97 KING STREET.
CASTLE & COOKE,
Importers and Commission Merchants.
Builders' and General Hardware,
AGRICULTURAL IMPLEMENTS ami PLANTATION SUPPLIES
Paints, Oils, Varnishes and Lamp Goods
Agate Ware, Tin Ware, Never Ereak Ware and Cutlery.
Blake's Steam Pumps. Weston's Centrifugals.
Wilcox & Gibbs and Remington Sewing Machines.
G II AS. II U S T A O E, ;
TMl'OKTEIl AND DEALER IN
GROCERIES, PROVISIONS, FLOUR AND FEED.
Fresh California Roll Butter and Island Bntter
New Goods Received by Every
fSF- All Orders faithfully atlcmlcil to.
solicited mill packed with caro.
LINCOLN BLOCK, King Street -
WEST CORNER NDUANU & KING STREETS.
P. 0. Box 480. Mutual Telephone 90.
IE YOU WANT TO SAVE TIME AND MONEY I1UY YOUIt FUUNI
TU11E AT THE IXL. COKNEH NUUANU & KING STREETS.
FOUND The place to liny New ajSJesa
kinds at Lowest Prices: The" IXL, NhT
J'VMI UUill IUID M UllllUIIV)) .J
Lamps, ItugSjlJuieaus, Chell'oniers,
I X L. corner Nnnann and Klnit
Jiedroom huts, ardrohos. Ice
Clothes Iiaskets, Sewinir Machines. lOStmtamma Whatnots, Meat Safes, Trunks.ctc.,
ftteainer anil veranda uuairs,
Bold at tno Lowest Uasli l'ricos at tno 1 A L JNew and beconu-liunu iur
nituru lIono, corner Nuuaim and King streets.
S. W. LEDERER, Proprietor.
STORE OPEN SATURDAY EVENINGS TILL 9 O'CLOCK.
LEWIS Sb GO.,
telephone am in FORT STREET. i o. uox air.
IMPOKTEHS, WHOLESALE AND KETAIL DEALERS IN
Groceries and Provisions.
ON ICE Ily each steamer of tho O. S, S. Co. from California Fresh California Koll
llutler, Frozen Oysters and Fresh California Fruits, Fish, Gaum, Vegetables, etc.
A complete linu of Crosse & lllaekwoll's and J. T. Morton's Cunncd and Bottled Ooods
always on hand.
Just received a Fresh Lino of German Pates and Potted Meats and Hottled Prosorved
Fruits, Lowis (t Co.'s Maltoo llrand Sugar Cured Hams and Ducon, Now Breakfast
Cereals, Cream Oat Flakes and Cream Wheat Flakes, Sicily Lemons. California Kiver
sldu Oranges, Oregon lturhank Potatoes, etc. Satisfaction guaranteed.
EL E. McINTYRE & BRO,
IMI'OIITEUS AND DEALEltS IN
Groceries, Provisions and Feed.
New Goods Itcceivod hy Every Packet from the Eastern States and Europe.
FltESH OALIKOltNlA PitODUOE BY EYEKY STEAMEK.
All Orders faithfully attended to and Goods delivcued to any part of tho City free.
Island Ordors solicited. Satisfaction guaranteed.
Elast Corner Fort So King Streets.
METROPOLITAN MEAT CO.,
81 KING ST.
Wholesale and Retail Butchers
- AND -
Q-, J. Waller,
Steamer from San Francisco.
Satisfaction guaranteed. Island Orders
Bet. Fort and Alakea Streets.
P. O. BOX 372.
tgiBEB "nt Second-hand Eurnituro oi all
Jr corner Nuuatm and King streets.
&J!f Itoxos, Stoves, Chairs, Hanging
etc., sold uneuj lor uasn ai ine
Sofas. IJcd T.ouiiKCs, Haby Oiihs,
-P. O. BOX 145.
The Best Lunch in Town.
Tea. and Coffee
AT AM, 110U1IS.
THE FINEST IUiANDS OF
Cigars and Tobacccy
ALWAYS ON HAND.
H. J. NOLTE, Prop,