Honolulu star-bulletin. [volume], September 11, 1917, 2:30 Edition, Page SIX, Image 6

About Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010

Image provided by: University of Hawaii at Manoa; Honolulu, HI

                
liOXOLCLr 1ST Alt- b l n LhTlTN . Tl t;.siAV. SKPTfvrrER 11. 1017.
RILEY H. ALLEN
EDITOR
TUESDAY
.SKPTKMBKR 11. 1!U7.
; Investing Honey Hade In Hawaii
How Inn;: will H;nv;iii j.n.- ;m UWa "Jm f'f
gold bii k M liO-?
, 11W mix h longer Mill hundreds uf -on-tinue
to Vmv k in any new enterprise that is
projected or whose stork i olTeiM for sale either
lv huix of liM-al iiK ii or some smooth salesman from
the coast ?
U uould rtaiiil wrm as ihon'h island eole
have had enough lesnons in the pat and leen Miins
Tofteil enough so that they would let onie of these
gold hrick s. hemes aloue. On the contrary it sems
as thoug.i almost anyone could tiud a ready market
in which to sell stock.
A prominent broker m-eutly remarked that he
Lad every reason to lelieve that over one and a half
million dollars had gone from these islands during
the pant two years into mainland propositions, that
'would return nothing on the investment or only a
few cent on the dollar.
Pome jieople seem to le bor.i gamblers and un
able to resist the temptation to be constantly spe
culating. If a man or woman can afford to take a
thance and lose his or her money, and knowingly
goes into a proposition on this basis it is one thing,
but when people of moderate means put their hard
earned savings into speculative mining proposi
tions and others of like nature and lose them all or
a large part of their capital it is a real calamity.
Mr. Theodoro X. Vail, president of the American
Telephone & Telegraph Co., in a recent number of
the World's Work, writes as follows: "Speculation
for immediate gain is gambling, pure and simple,
and sooner or later brings to grief all who continue
in it. There are exceptional cases of those making
one or two successes and dropping out, or those
who have died at the peak of prosperity, but these
. Instances only demonstrate the rale.
- "Speculation which is investment against future
growth or development and is represented by out
right purchase is venture, and to it should be ap
plied all the rules of venture.
"Venture should onlj be entered into by those
who can afford to risk a part of their capital, and
henonly not more than can he lost without dis
aster; it should never be done on' credit."
Because a few men of prominence in the business
world can well afford to take a risk, do often take
rtock in an enterprise purely as a speculation and
r.s a side issue, many construe their act as a strong
indorsement of the proposition and immediately
; lunge in and buy without any investigation or
; nowledge of ,'. whatt they; are risking. It is hardly
fair to such men to' imply that they are'responsible
for the interpretation others may place on their
cts, but they should realize that they have a cer-
ilk influence and should make every endeavor to
: to it that their names are not used to influ
ence others to invest simply because they were will
:rg to take a chance.
This likewise applies to the members of the stock
schange. Some of them have been making such
:rge commissions in the purely speculative stocks
' at they have either consciously or unconsciously
fluenced large numbers of people to speculate in
;!,cse stocks with large resultant losses to their
'.lents. ' . .
It would seem as though the time were ripe for
. forms in this line.
At one of the clubs recently it was suggested that
'ther the reputable brokers should decline any fur
.cr to deal in the yellow sheet .and highly specula
te stocks, or the sugar men should withdraw the
ting of the various sugar and mercantile stocks
. ni the exchange.
There. is room for serious thought iu this sugges
'.:n. It would seem also as though there should
? inaugurated by the banks and trust companies
f this city a campaign of education in the wise in-1
.stment of money.
What the Mayor and Sheriff Might
Have Said.
What should the mavor of tin- it ;.!m! t!i' !h
tiff
Mr. O'Mally of Australia has the average Amer
an sixed up perfectly. He is in this war to win
r the United States, regardless of whether he hap
ns to like ir allies. It was the same in the
a nish-American war. ( Some of the old duffers
Jn't see why we should be going out of our way
5 save a few unfortunates in Cuba and the Philip
laes, but if that was the job for the United States
i do in working out its destiny, they were right
Lere to see it through. And they did.
Without the sound of a single trumpet or a
. jneral note from a single disappointed statesman,
!;e Hon. ex Congressman Victor Murdock was con
rmcd by the United States senate as a-member of
; :.c federal trade commission. This shows that the
resident is non-partiian in his selections, and the
-enate has come to the sensible point of being non-
artizan in its confirmations.
Kide over the experimental road at the College
of Hawaii and you need no further education 'on the
superiority of reinforced concrete in street construc
tion. At jthe same time it is well to bear in mind
(hat this road, during the past year, has carried
?ome of the heaviest traffic that has passed over
any highway of this island.
Tverenskys prompt action in tackling every
trflitor who shows his head leaves no doubt of who
is running Russia at this particular period. And
the best of it is that Le seems to have the solid
backing of the people who can make Russia a re
public Ole Olsen has got all tangled up trying to be a
Spaniard in the Argentine and a (icrman in dis
guise. Ole never did succeed in disguise.
' v.' ; - A . .... . .
have said to the assembjed oli-e fop-e if no? to
thank them fnrsU' political work tln !i,il iin- in
the atl election?
This jucn .night very reasonably U- 1 1 1 U honest
jMtlitical hemhmen of Honolulu, who luo U-cn
schooled to think that the foundation of Anierii-au
liberty, the lepinnin and the cud. is rank regular
ity of partisanship.
This paper is prepared to lclice thai the mayor
and t lie sheriff thought their politha! thanks"
speeches were fpiite proper. They may. probably
will, present the comment of this pajer to their
friends as an evidence of the unfair criticism of ihe
press.
Let it l admitted that the mavor and the sheriff
are entirely honest and well meaning in their ignor
ance. What should they have said to their men on
the occasion of an official inspection? What central
thoughts should they have left with the mcmliers of
the Honolulu police force?
First, they should have expressed their apprecia
tion of the good work done by members of the force
in the service of the people not in the service of the
political fortunes of the mayor and the sheriff.
Second, the mayor and especially the sheriff of
the city should have impressed upon his men that
the reputation of the force depends 'pen the t hai
aeter of service to the public that each man
renders.
Third, no mender of the force should have beeu
allowed to leave the conference without having had
forcefully brought to his attention that his reten
tion on the force would be determined solelv bv his
record as an alert, intelligent and thoroughly eflici
ent police officer.
Fourth, these man should have been reminded that
in the final analysis, they will be treated by the peo
pie of this city so far as salaries and equipment are
concerned exactly in the proportion that they de
monstrate their ability to handle the particular tasks
that fall to their lot. If they show ability, a fair
knowledge of their duties, a willingness to work, a
ready response to the discipline so necessary to
efficiency, then they would be sure to command the
respect and admiration of the public, their requests
for equipment would be taken seriously and all the
criticism of the press or the partizans. or what not,
could not wipe out their reputation as the livest,
snappiest, brainest, best looking police force to be
found under the American flag.
The mayor and the sheriff could have said these
things and besides making their men feel appy.
they would have established a measure of public con
fidence in their own ability to grasp the importance
of their official job.
Then if the mayor and the the.-J followed out
their words with actual performance in enforcing
discipline and consistently practising the progres
sive principle of service first, they would find men
tf Honolulu, without regard to party or class or
clan, publicly thanking them, helping them, support
ing them and believing them when they say that in
Order to be properly policed Honolulu requires more
men. ,
The mayor and the sheritf must do something
more than have their sj)eeches written for them.
They must wake up to a realization that this is
a growing city. It is not Niihau or Kau.
They must know that every time they subordinate
public service to their own selfish j? olitical fortunes
they disgrace the city and discredit the men serving
under them.
Just as sure as day follows the night the march
of efficiency in public service w ill wipe out the man
and the men who lean on partisan :hip, ignore the
pressing demands of a progressive community and
defend incompetence by complaining that they are
being picked on all the time.
Has the name of Woodward ever sifted through
the conferences on the subject of the city engineer?
He has had experience in the islands, and he may
be sufficiently non-partizan to fit the political neces
sities which some strive to force ou the situation.
Or have contenders decided to actually eliminate
politics and stand solely for efficiency, the platform
on which they were elected ?
We Can All Help, If We Cannot Serve
DO YCUIL
"' '
Judging, from the reports, the Mineral Products
Company needs now to do some of the things that
should have been done in the first place. Then the
stockholders will kno-; what they have for their
money.
Take note that the German official despatches
admit two retreats that are not strategic. If. after
three years of war. the Prussian censor has learned
how to tell the truth, something has leen gained.
The report comes to this paper that the splendid
new highway on Punchbowl is being dug up for
some performance of the water works. Is this a
case of a fore-thought coming afterwar d?
The official mayor and the official sheriff thank
the official police of Honolulu for the help that was
given the said mayor and sheriff in securing their
election. Can you beat it?
Make your business plans so a- to take an active
part in the Civic Convention meetings. This is the
most powerful influence for united and intelligent
Hawaii.
If Honolulu is to develop a crop of hoy murder
ers, it mnv lie well to consider the mvessitv for con-
victiug some of them
A REPLY TO WATT.
Editor Honolulu Star-Bulletin.
Sir: The article appearing in this
afternoon's issue, "Ryan Tackles
Watt." is, without a doubt, the moX
fnt"--. of literature published
in "Timely Topics" for some time.
I suspect: that Mr. Watt received
quite a jolt after reading the article,
and may have possibly swore venge
ance Against its author, which to my
belief would go no further than his
front doorstep.
Mr. Watt owes every American in
this community an apology, and noth
ing abort of a public letter to this et
feet will right the injustice he has
done towards the flag that has pro
tected and enabled him thereby to
fill his pockets overflowing with gold
His blowing doesn't amount to much
and we all hope his patriotism will
win him the rank of an admiral in
John Bull's navy. However, we have
reason to believe that men of his cali
ber prefer to stay at home driving
fine automobiles and puffing on high
priced perfectos.
Congratulations to Mr. Ryan for his
timely article, and may others come
forward with contributions towards
giving this man, Watt, his just due,
by continually dragging him into the J
limelight for ridicule.
In conclusion I wish to state that
if Mr. Watt cares to blow any more
about John Bull's navy he can do so
to the four winds, or to others of his
kind.
Thanking you for the space.
Respectfully,
EDWARD CUMMINGS.
Machinist's Mate, 1st Class, U. S.
Naval Reserve.
Pearl Harbor,
Sept. 8, 1917.
and was fined $5. but that is not en
ough for a man who will hit another
from behind. I am writing this for the
right of man.
Every man should seek to do good
to everybody, and not evil. I mean
that I am fighting for the right of
man. If there are any sneakers on
Oahu that do not like my way let
them come to the front and I will
show them what sneakers get around
the coal mines.
The next time a man comes at me
from behind I will not take him to the
police station and run a chance of
having the trial sugar coated, but I
will do the policing myself.
FRANK MURESKIE,
Sergeant, 10th Company, C. A. C,
Fort De Russy.
September 1917.
DOESN'T LIKE SNEAKERS.
Editor Hc.inliiiu Star Bulletin.
While doiu? guar:l duty at ti t- wa
terfront I liad in;r orders to keop ilc
people in their seats when t'ne vm1
ming races were going or. There
were a few n'?n who rushed to tne
front and Mocked ihe way for oihtr
people who wanted to see.
I told the men to go back to their
seats, but they were so interested in
the race that they strove to stay there
until the race was over, so I intended
to let them stay.
I faced the water to watch the
swim. While watching the race Hol
ster came from behind and shoved me
into the water. Then he began to run.
but Captain Hawkins and Lieutenant
Latimer caught him by the collar and
held him until I came out.
The next morning he pleaded guilty
CHINESE REVOLUTION
REPORTS NOT GIVEN
MUCH CREDENCE HERE
Reports of contemplated revolution
in China, with Dr. Sun Yat Sen at
its head, are not given much credence
here, according to the staff members
of the Chine'se consulate.
Chang Chau, a close relative of the
famous Chinese statesman, who is
said to be in constant touch with Dr.
Sun Yat Sen, had notliing to say on
the subject. It is reported in Chinese
circles, however, that lie is the only
man in Hawaii who knows the pur
p-ses and movements of Hie Chinese
leader.
Dr. Sun Yat Sen was the first Presi
dent of China, having overthrew u the
Manchu government.
JOHN SCOTT, EMPLOYE OF
INTER-ISLAND, IS DEAD
John Scott, formerly a member of
the ere v.- of the Wailele, died Sunday
night trom the results of an injury re
ceived on the boat on September 2i.
Funeral services were held yesterday
afternoon at o o'clock from Williams
undertaking parlors imd interment
will bp in N'uuanu cemetery.
While working on the Wailele, Mr
Scott in some way came in contact
with some iron and a piece went into
his leg. He was taken to the Emer
gency hospital at the time, and latpr
placed in the care of the Inter-Islands
physician. On Saturday he was
walking around, apparently well, but
on Sunday he suddenly took ill and
died during the night. He leaves a
wife and several children.
TOKIO PROFESSORS STRIKE
(Special Cable to Xippn Jiji)
TOKIO, Japan, Sept. 11. Waseda
university did not open today on ac-
Alewa Heights
One of the most comfortable three-bedroom bungalows
on the Heights, commanding a superb view of Honolulu,
which cannot be obstructed. A bungalow built as homes
in Hawaii should be built. Within easy walking distance
of the car line.
Concrete basement and laundry. Servants' quarters.
Garage.
Beautiful lot of over three-quarters of an acre.
Price only $.3000 on exceptionally easy terms.
Guardian Trust Co., Ltd.
EBAL ESTATE DEPT.
Tel. 3688 Stangenwald Bldg.
1
I
Reducing the Egg Bill
With the use of Royal Baking Powder fewer eggs are
required and in some recipes may be left out altogether.
Just add about a teaspoon of Royal in place of each ecg
omitted and you will obtain excellent results and effect
great economy.
The following recipe is given as a practical illustration :
JTULY roll
1 car i:sr
C titfupocr. hot water
D!RFCT!ONS-Mix nj vft Jry in
I'dter:: tir in wl! rgc :
JJ hoi vwatrr: beat we!' unlit
sniocth : roof (pta 'arc welT tre1
r-i H;tfr sou!Jfi,-tn,crfi,'n
V t"--k fr rac t rol! i.ur1
H'f m 2w evei Tui;: iiu:
' c-t of brew:: rarer. r'l i!'.:tr !
wrtt K r , - w iereJ .. Bet ie'! u "i
frrk an J upreaJ on cake Wtt
kni'r trtm rt a't cruatv f li- '
r up wu'e t:'l h v 'iH'ng -
it tve rrff kerr thr r '
per'ecti round ?o!! up u. cioth unl-.i
coo'..
The old method called lor 3 eggs
Nw book of recips which economize H egs arrd other ex
pensive ingredients mai'eJ fr?e. Ai!drfs Kcva! BdWmc
Powder Co., 135 William Street, Nw Yrrit, U. S. A.
mm,
BAKING POWDER
Absolutely Pure
Made from Cream of Tartar, derived from grapes,
adds none but healthful qualities to the food.
No Alum
No Phosphate
fount of a strike amonn the profes
sors. There has been a big fight on
against Dr. Amano. the present dean,
and after sending his resignation to
Marquis Okuna, presidt nt of the unt
1 ersity, the dean with 'J other pro
fessors left the school. As a conse
quence there are not enough profes
sors to meet the demand, and it la
rot expected that the university will
begin the fall term before the end' of
the month.
fiary then rode his bicycle to Selnia.
! where he surrendered to the con
stable. .Carypafd he had lulled r.1
parents because they had swindieil
him out of his ranch.
Officers of Hawaiian Lodse No. 21.
V. & A. M.. are requested to be at
lodge rooms this eening at 7:30 'or
i ractise.
THEOLOGIAN KILLS AGED
PARENTS. THEN SURRENDERS
FRKSXO. ( al A. S. Gary, 3S years
old. graduate of a theological college
In Massachusetts, killed his agd
father and mother. Mr. and .Mrs. Srr
kis Maghakian. at their ranch a few
miles from Selma. Fresno county.
Havinc enlisted local schools, in tho
'campaign, the woman committee cf
the territorial food commission Is pre
paring a letter which will be spnt to
(hurches and secular organization
r.sking them to assist m t!i move
ment for the conservation of food, it
is the desire of the ommitteo to
eventually place this appeal hefoio
every man. woman no child in th
territory.
26.
Care of Securities
rn While i ou Are Away
THE men who are absenting them
selves for patriotic reasons can be
relieved from all anxiety with regard to
their securities and maturing invest
ments by appointing us their custodian
under voluntary trust.
You can arrange to have them always
under your control, to be transferred or
sold or used as collateral to loans by
your direction, with a stipulation of ex
actly how you wish them handled in case
of the ultimate possibility "at the front."
We can explain the various arrange
ments in detail either personally or by
mail.
rn
'israi'iR1-'
KtCHARO H. TRENT, PRfcb.
(..HAS. G. HEISER, JR., TREAS.
I a WIN H. BEADLE, SECY.
t
t
Henry Waterhouse Trust Co., Ltd.
Have you seen our new.Sub-rhv... ..
SPRECKELS TRACT, 3RD SERIES
New roads, sidewalks, curbing, water, sewer and
gas.
You can select a lot with growing trees and build
a home in one of the best residential sections in Ho
nolulu. Make an appointment to see these lots. We will
finance a house for you.
Henry Waterhouse Trust Co., Ltd.
Real Estate Agents
Corner Fort and Merchant Streets
P. 0. Box 346 Telephone 5701