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' BISHOP & Co., BANKERS
Honolulu, Hawaiian Islands.
Draw Exchange on tho
JLtunlc trCiUilrnitt, S. JT.
And their agents in
NEW YORK, BOSTON, HONG KONG.
Messrs. T. M. Rothschild &Sou, London.
Tho Commciclal Bank Co., of Sidney,
Thu Commciclal Bank Co., nf Sydney,
Thu Hnnk oT Ni'v Zealand: Auckland,
Clirlstcliurcli, and Wellington.
The Hank of Hrillili Columbia, Vic
toria, 15. 0. mid Poitlnnd, Or.
Transact a General Banking Hiisiness.
$Ju gnUj aUU:U)u
l'lulged to licltW Heel nor rally.
Cnt cntnlillshca fir tLo Icnofit cf all.
MONDAY, DKC. 28, 1885.
THE CURRENCY QUESTION.
One million dollars in silver coin
is in circulation in Hits kingdom.
These arc all Hawaiian coins and arc
therefore non-exportable except at
great loss. They arc current in no
country but this. "With them no
debt can be paid to our foreign cre
ditors. Their value in tho world's
market is their bullion value, which
at the present price of silver is
about 79 cents for the dollar pieces,
and less for the halves quarters
and dimes. Our population of
S,000 require about 5 per capita
in silver coin to be used as sub
sidiary coin, for convenience in
making change with gold as the
principal currency. This is con
siderably more silver per capita
than experience has found neces
sary in other countries where the
gold standard obtains. At this
high estimate, however, S 100,000 in
silver is all that would be required
for change, if tho gold law were
enforced. It is this excess of
,6000,000 of silver that is making all
the trouble in our currency at
&, present. The struggle between
debtor antj creditor is a constant
warfare. No one now pays out
gold if he can. help it. Everyone
pays out silver if he can possibry
make his creditors take it. Every
one in a position not liable to suffer
from retaliation exacts gold in pay
ment. This warfare is directly
traceable not to the law of 1881,
which is a good law, but to the fact
that there is :i glut of silver here.
If this was an " elastic " currency,
that is, one that would How abroad,
we would have no dlHieulty. But
"it still remains here. The coasting
l- steamers carry the silver in bags to
the plantations and then brine it
itFvback again to the Government trca-
sury. It is the most expensive
metallic currency that a country
Liberal importations of gold make
no impression. Half a million of
United States gold imported by
Bishop & Co. alone, since the 1st
Dec, 1881, makes gold no more
fluent. The excess of our exports
over our imports has no effect to
make gold less shy. Hawaiian
silver has driven the American
silver all out of circulation. It re
quired no act of the Hawaiian
Legislature, to start it out of the
country. The inexorable law that,
"An inferior money so long as it
circulates at all invariably drives a
superior money out of circulation,"
has done this, and this law is what
keeps United Stales gold out of
circulation, and which will even
tually drive it out of the country.
ijli five millions of United .States gold
were imported here, during the
next year, it would not stay in cir
culation alongside of an excess of
silver of 8000,000. What is the
remedy? It is a simple one. The
'law of 1881 provided for it. Section
'4 imposed the duty upon the Minis-
. tcr of Finance, " whenever it should
.appear that there is such an excess
of silver coin in circulation as dis
turbs the equilibrium between gold
jBand silver," lo dispose of silver
coin and replace it with United
States gold. Thu law of 1881
needs no amendment. The Gov
ernment alone is responsible for its
failure. It has disobeyed the man
date of the Jaw. But it is not too
late. It can bo done now. The
prospects of the large crops for
1880 promise abundance of ex-
u change. Let the Government now
ftship to the mint of San 1-rancisco
half a million of Hawaiian silver
1 ' bring its proceeds back in
lUnited States gold, and the law
rid immediately begin to work
pke a charm.
Francisco, Dec. 20,
S. 8. Mariposa.")
Viindcrbilt died on the
of Dec. 8lh, at his rcsi
Now Yoik. lie was tho
richest man in the United Stales,
his father having left him $100,000;
owned more miles" of railway than
any man in the world, and held
more bonds of (he United Slates
than any olln ilizen. Yandcrbilt
was a friend oi ; Grant. His
will leaves S lo,i 0 lo each of
hie eight children, r .nl nearly a
million to charitable institutions;
hli wife gcte the mansion and
stables in New York, with their
contents excepting pictures, sta
tuary and works of art, mi annuity
of 8200,000 during .her lire and the
disposal by will of 500,000. . The
lesidue is to be equally divided be
tween his two sous, Cornelius and
William K. Vnntlerbilt. The for
tune aggregates $1S2,000,000.
Diphtheria is spreading in Now
York, and strenuous measures will
be required to prevent it getting
beyond control. It is regarded as
serious as small-pox, and its ravages
arc puzzling the doctors.
A successful operation of remov
ing a cancer, from the tongue and
tin oat was lately performed at the
New York Hospital, which was in
teresting from the fact that the
malady was identical in nature and
situation with that which brought
General Grant's life to a close.
lion. B. Grata Brown died at his
residence in Kirkwood, a suburb of
St. Louis, of prenmonia complicated
with hcait disease, on Dec. 13th, at
59 years of age. Mr. Brown made
the first emancipation speech ever
delivered in the Missouri Legisla
ture, entered the Union service at
the outbreak of the war, joined the
liberal movement in Missouri at the
close of the Avar, was elected Gov
ernor of the State in. 1871, subse
quently a United States Senator,
and was nominated for Vice-President
on' the Greeley ticket.
The Grant monumont fund
amounts lo over $111,000.
Cyrus Yv Field endorses a .bill of
Senator Edmunds, to provide for the
national Government securing con
trol of the telegraph lines.
The correspondence relating to
the appointment of A. M. Keiley as
United Slates Minister to Austria,
and hio rejection by that country,
shows a firm attitude on the part of
the American Government to the
last. Mr. Bayard, Secretary of
State, in bis final letter, says the
conditions of rejection on account
of the race and faith of Keiley's
wife, and the objection of Italy,
that had also refused to accept the
same man as Minister there, " are
simply intolerable" and "incon
sistent with that decent self-respect
which forbids a nation of 00,000,
000 of freemen to accept the situa
tion of a diplomatic dependency of
a foreign Power."
The banks of Sacramento have
placed a discount of one-fourth of
one percent on all silver received,
to cover the cost of shipping it to
other points, which has to be done
on account of its rapid accumula
tion. The prohibitionists have carried
thu day in Atlanta, Georgia, in the
local option contest.
Settlers in the Gila, Arizona, are
fleeing for their lives, the country
being overrun with Indians.
The anti-Chinese agitation has
become general all over the Pacific
Coast, large meetings being held in
the chief towns. At Truckce, Ne
vada, the employers of labor have
resolved to discharge their Chinese
hands, and an organization has been
made to procure white help for all
purposes. The. Chinese at El Paso,
Cal., are taking out naturalization
papers by the hundred, believing
they will be belter protected if they
becomo American citizens, and it is
supposed the movement will become
general on the Coast. A plot for
blowing up tho Chinese quarter in
San Francisco has been discovered.
Several of the foreign socialist breed
have been arrested, and the notor
ious Coroner O'Donncll's name is
freely mentioned in connection with
John and Sarah Magce have been
arrested in London for trying to
blackmail the Prince of Wales.
They wrote letters' to his royal
highness, threatening assassination
if ho did not fork over 750.
Tho elections have resulted in a
House of Commons about equally
divided, with Liberals on one sido
and Tories and Parncllites on the
other. The members of tho new
House of Commons who never word
before elected to Parliament is 332.
This has had no parallcd bineu the
first Parliament under tho Reform
bill in 1832.
Tho newspapers published a
scheme of home rulo for Ireland,
said to have been prepared by Mr.
Gladstone. The latter issued a
telegram, on tho latest date, de
clining responsibility for any opin
ions uttered in his name and saying
when he was prepared to give his
views he would do bo publicly.
The Parncllites in both the United
Kingdom and Ireland arc rejoicing in
the assurance that their leader is
master of the situation.
The Blood and Blackfcct Indians
arc becoming turbulent in the North
west. Small-pox is decreasing in Mont
real. Thu discasu is bad in Char
lollelown, Prince Edward Island,
The Carolines agreement was
signed in Koine, Dec. 17th, with
much pomp and ceremony, in the
presence of the Pope.
Eleven Europeans, -working for
the Bombay and Burmah Trading
Company, on hearing of the rupture
between Burmah and the Indian
Goverjnnent, tried to reach Mani
poor. On the 20th of November
they were overtaken and murdered
by Burmese troops in a steamer be
longing to the King and commanded
by a palace olllcial named Thandaw
moung. It is alleged that Tynedah,
the Burmese Prime Minister, was
implicated in the massacre. The
inhabitants of Rangoon are indig
nant that Tynedah should be allowed
to retain his'olllcc.
The Dacoits made a. raid near
Mandalay, about Dec. 17th, and
fired on the British outposts, wound
ing Major "Walker and killing a
native. The British returned the
fire, killing seven Dacoits.
News was received' in Paris, Doe.
15th, that Gen. Dc Ncgncr had
cleared the Marble Mountains north
of Haidoug of Black Flags and
pirates, capturing a number of
fortified caverns and a large quantity
of arms and ammunition.
A MEETING t)f Hawaiian Council
No. 1, Itnpiovctl Older of Bed
Men, will be held in the K. of P. Hall
nl 7::i0 o'clock THIS EVENING. Elec
lion oi Officers and special business.
It J. II. HAKE, Ch. of R. pro tun.
Valuable Lease of
For Sale at Auction.
1 am instiucled by Mr. Thomas Kiouso
to oiler at Public Auction the unexpired
lease anil lixtuics of the desirable res
tauianl known as the
WEDNESDAY, Dec. 80th,
At 10 o'clock a.m., ut the premises, on
Hotel Street. The Lease hag a years to
run at a icntal of $100 per month, to
gether with 1 cottage fronting on Hotel
btreet ami 1 at the aide of the restan
ram, which brings in a rental of $40 per
month. Providing the whole is not sold
in one lot, after the lease is sold I will
oiler the whole of the furniture and
effects, suitable for a restaurant, com
prising: 1 line Cooking Range, in splendid
order, with boiler attached ; chairs and
tables, plated waic, cutlery, crockery
and glassware, chandeliers and lamps,
table linen, curtains, hat racks, pictures,
!i larjre meat safes, 2 large refrigerators,
office furniture, 1 walnut center tabic, 1
parlor set, seven pieces; 1, large nig,
door mats, verandah chairs, etc. Also,
1 Horse, Perfectly Sound.
1 Set Fine Buggy Harness,
1 Side-Bar Buggy.
LEWIS J. LEVEY,
211 2t Auctioneer.
New Year's Sale.
For the convenience of those who
have not been able to purclao all they
rcquiio for the holiday?, we have been
hiBti noted to continue our very success,
ful miction sales of
On Tuesday Evg, Dec. S9th,
At 7 o'clock, nt our Salesroom, when
we will offer the usual as.
, sortment of
Suitable for Now Year's Presents.
It is impossible to enumerate tho
great variety that will be oll'ercd. The
goods will no ready for inspection tho
whole day of sale. Seats for ladies as
LYONS & COHEN,
211 2t Auctioneers.
Grand Nnf Ws Sale.
By order of G. AV. Mncfarlano it Co.,
I will sell, at my wdesrooni,
On TIIUKSDAY NIG JIT,
Dec. Hist, at 7 o'clock,
-A- Lnrf;o "Variety ol
1W YEAR'S PRESENTS !
LEWIS J. LEVEY,
310 4t Auctioneer,
.7i 00 100
(.0 75 100
y !13 10
Ilaw'n Carriage Manf'g Co.,
13. O. llnll & Son,
Inlcr.lslaml H. N. Co.,
Hnw'n Agrlrultuial Co.,
C. lb ewer As Co.,
Walluku Sugar Co.,
Reciprocity Sugai Co.,
L. A. THURSTON, Stock Uiokci.
.18 Merchant Street. 151 ly
17011 an enterprising man with small
: capital. Oiillll icady for the
road. For alo -1 Tii-unial Mal,
baukrn, with apparatus f.oinplele. T.ie
liiMiumciu, ny K. w. wuou oi i.mui"i,
'im new, tilled with I'vineh com en i r
and triple iioliioiiuitio'olijeoliu , enab
ling views to bo shown at from 10ft. to
120fl. distance. Also, n compli to Din.
rain a of the Hawaiian Islands, alto, a
set of Australasian Views, lloth tuts on
hand-painted slides. On view at
King Street. 20!) lw
On MONDAY, January lth,
At 10 o'clock a.ni., nt tho resilience of
Mr. II. N. AVingale, ill Berctanla Street,
will lie sold on account of depaituie,
ConsNting of Black Walnul lledioom
Set, UN' Chollbnicr, -I Painted llcilrooin
Sets, Child's Bedstead, Walnut Center
Table & Chillis, Lounges-, Walnut "What
not Ollico Desk, V llookcnse, 1JW E.
tension Dining Table & Oak Chairs,
Cliandelieis, L-iini s, Mosquito Nets,
Mattresses, Chamber Sets, Meat bale,
Ice Clie'-t, lee On am Freezer, Plated
Ware & Crockery, Verandah Chairs.
Gulden Hose, A:r.,nlso, 1 Cooking Stove
BY diiection of Alexander J. Cart
wright, the Assignee of a certain
mwrlgagc deed made by Albert K. Ku
nufaUea, of Honolulu, Island of Oahu,
to the Hawaiian Investment and Agency
Company, Limited, dated the fitk day of
August, 18S2, and recorded in Liber 70
on folios lSt), 181 and IS2, and assigned
to wild Alexander J. Cartwriclit, of said
llonolulu, by decu of assignment uatctl
the 27th day of .Time, 1884, nnd recorded
in Liber 88, on folios 210 and 217, and
the Mortgagee named in two ceitain
mortgage deeds, to wit: 1st Moitgagc
made by taid .Albert K. Kunuiakca to
said Alexander J. Cartwright, dated the
2Sth day of March, 1883, and recorded in
Liber 79, on folios 351-4. 2nd Mort
gage made by said Albert K. ICunuia
kea to said Alexander J. Cartwiight,
dated the 23d day of August, 1883, and
recorded in Liber S4, on folio 3; we are
directed to sell at Public Auction, on
Monday, January 4, 1886,
at 12 o'clock noon of said day, at our
Sajesiooins in Honolulu, all and singu
lar tho premises .as described in said
Several mortgages as follows:
KUKUAU Hilo, nawnii. An ahupuaa,
4,810 acres, Land Commission Award
8.")15, Royal Patent 1GGG. Not leased.
LA1MI Ililo, Hawaii. An Ahupuaa,
Laud Commission Award 8520. Not
WAIAKA-IKI Kohala, Hawaii. An
nliiiiiuiiu. CS acres, Royal Patent 1CC8,
leased to John Parker; leabC expires
October 1, Ifci", with privilege.
I'AIIOEHOE K.kiii, Hawaii. Royal
Patent 1008. oi leased.
MALA Lahaina, Maui. A cocoanut
grove, $y, acres. Land Commission
Award (3483, Royal Patent 0777.
Leased to II. Turton ; expires Septem
ber 1, 1880.
KAPUNAICEA Lahaina, Maui. 1
acre, Land Commission Award 513,
Royal Patent 0777. Leased to II. Tur.
ton; lease expires September 1, 1880.
PUAKO, also called MAUNAKUI
Lnhaiua, Maul. Houselot, 1 rood, 28
rods, Land Commihtloii Award D483,
Royal Patent 0777. Not leased, but at
present occupied by Captain David
PUUNOA Lahaina, Maui. 8 1C-100
acres, Land Commission Award 8515,
Royal Patent 1007. Apanu 1, 2 11.1000
am es kalo land; apana 2, 5 C0-100
acies cane land; npauu 3, 52-100 acres
cane land. Not leased.
OWA Wailuku, Maui. Royal Patent
2155; not leased.
UALE1IAKU Hamakualoa, Maui.
3U53 51-100 acres, Land Commission
Award 8515, Royal Patent 1UGK. The
kalo land leased to u Hui at $220.00;
explicit Januaiy 1, 1880, The right of
way for ditch leased to Hamakua
Ditch Co. at 100.0.0; expires Oct. 2,
1800. Lease to the Haiku Sugar Co.,
Alexander As Daldwlii, and Grove
Ranch Plantation at 100.00; expires
Julv 1, 1600. Leabo to C. Kpioekels
nt ?200, cxphos July 1, 18!)1). Tho
ditch, leaded to C. Spicckels at $100,
expires July 2, 1890..
LUAKAIIA Oahu. Grazing land,.
Nuuanti Valley, 81 acres. Land Com
mission Award 8515, 'Royal Patent
0710. Not leased.
PKLLY PLAOK Hoir-clot and grazing
land, Niiuauu Valley, 2'J acus. Royal
Patent 3. Leased to P. O. Jones; ex.
pires October 1, 1880; has privllego ot
KUIi'jlELAKI Houselot in Honolulu,
corner of lleietanla and Richard
streets, 55 fiilliums 15 feet, not leased,
occupied nlpicsent by A. K. .Iviinui.
akea. Land Commission Awaid 00.
Royal Patent 2017.
PUOU Lahaina, Maui. An Ahupuaa,
Land Commission Award 8520, Royal
AST Deeds at tho expenso of purchtiHcr.
For further particulars, enquire of
E. P. ADAMS & Co.,
Or of J. M. MONSARRAT, Attorney
Dated Honolulu, Dec. 8, 1880. 310 lw,
LEWIS & CO.,
or mid M) Hotel Streel, '
TVe-v Gords,- B3 &.olida.y Goods,
Wax Matches, Wax Colored T.anlcrns, ls & 0s; Wax Colored Candles, for .
Christmas, Boxes Choice Raisins, Dried Prunes, Dried Peaches. Dried
CUcirieP, Pilled Plums, Dried Apples, .Dilcd Figr. Date?,
A Pull Line of Cross & Black-well's Canned Goods,
An emllest variety of 2-lb. Tini Fancy Biscuits, Flesh Pecan Nub', Soft Hhell Al
liiondp, Ficsh Walnut", Fresh Hazel Nut", Atwoml Maple Syrup. In M-gallon
patent tins; Class .bus Table Fruit, something veiy choice; 'Italian Mm mi out
mid Veimleelli, in Mb. p.ieknges;
Fine Teas, Fine Teas, Fine Teas,
Barton Goiistcra Salad Oil, pints and & pints; Duiet Salad Oil, pints and 14 pints;
Smyrna Figs, 4 and Jlb. boxes; Pino French Ealing Clioco1i.tr, Finn Gor
man Preserves, Bon-bons. Swiss Cheese, Cream Cheese, German Smoked Sail,
sages, Smoked Tonguo, Choice Gala. Family Corned Beef, Eastern OvMor in
the shell, Apples, Horse Radish Roots, Rod CnMmgex, Sicily T.rnwiK. Now
York Cheese, Kits Kxtra Fat Salmon Bellies. Kits Choice MacK'erel. 2 lb Blocks
Eastern hnow wiillu Uoiyisli, 1001b. boxes Kaslcni Coilllsh, a lb. tbi'i Cala.
Point Kcycs Mutter, No. 1, and a complete line ol
Staple and Fancy Groceries.
A new Lot of Oregon Potatoes, just to hand. J3$- P. O. Box 207, Telephone 240.
.SutistUctioii Gmiimi4fctl. " 204
P. 0. BOX 315.
General Business Agent,
Wilifei's Steamship Agent,
tlieat Iluilingtoji Uaibo.id Agent
??w ) Ki w
so, send me 20 yards. It is the FINEST MATERIAL I
have ever seen for the Money."
" Quite right. It's below value !"
Eort St. Church Notice.
THE Annual Sale -of Sittings at the
Fort Street Church will take place
MONDAY Evening, Dec 28. 188.), at
7 :30 o'clock. P. C. JONES,
210 2t Secretary.
Mew Year's Sales .!
On MONDAY EVENING,
Dec. 28th, at 7 r.M., at Salesrooms,
A CHOICE ASSOlmiENT OP
Chinese & Japanese Wares,
SILKS, &c, &c,
Chiefly from tlic well-known Stock of
Chow big & Co.
E. 1 ADAMS & CO.,
08 Ot Auctioneer.
In Waal of any Groceries?
Has just icceived, per St. Paul, a line
assoilment of goods suitable for Christ
mas or any other time, consisting of
Atmore's Mince Moat,
Plum Pudding, AlmondH, 'Walnuts,
Brazil Nulfa.Pilbeits, Table Raisins,
Sultana Raisins, Currants,
Ouriied Oysters, Pigs, Dates, Condensed
Eggs, Assorted Spices, Pastry Spice,
Diukees Salad Dieting, Unlets
Olive Oil, Ucimen,
Dnpce ITaniH & I3iieon,
Codfish Balls, Cain. Cheese,
Fabbanks' Laid, Llbhy's Tripo,
Chipped Beef, Fresh Smoked Poef,
Kits Mackerel, Codfish,
Iraloon Pilot Bread, Medium Mixed
Ciaokers, School Cakes,
Honey Cakes, Wine Ci ackers,
Estra Family Flour, Wheat, Hr.m,
Fresh Eastern Cranberries,
Fresh Apple?, Dried Apples,
Pi lines & Peach c,
And many othor deslrablo goods in
stock. All orders .will receive cnroful
attention. XJQy- Telephono 111).
203 Jm AS. HUSTAOE, King St.
I-Toiioiiilti, II. I.
Custom House Broker,
M-u'iaircr Hawaiian Oneia fIon.i
Fire and Life I iurniiris Agent,
IS that YOU, MR. EISHEL ?
"IIsivo you any more of
that brown JERSEY cloth,
double width, such as you
sold to Mrs. Joiikinson yes
terday for $1 50 a yard ? If
Notice of Letters Patent.
ALL persons aie hereby notified thnt
Letters Patent were ifsucd by the
Hawaiian Government to JAMES
KENNEY of Honolulu mi the lOtli day
of December, a.d. 1885, for an improve
ment in brake, gig nnd chaise springs,
and that said Letters Patent were as.
signed by the said .lames Kenney to the
Hawaiian Carriage Manufacturing Com
pany on the 22nd day of December, a.d.
1885, wherefore the suid Hawaiian Car.
llagc Manufacturing Company hereby
warns all persons against infringing on
the said Letters Patent.
HAW'N CARRIAGE MANF'G Co.
Honolulu, Dec. 22, 1835. 208 tf
Queen Street, : : Honolulu, H. I.
Wholesale Importer and Dealer in
California Wines, Groceries,
Provisions and Produce.
Fresh. Receipts by evory Steamer.
JuSt arrived, u largoconslgnnient of
Wine, in Cases & Kegs,
Which hcolleih for Sale at the usual low
200 prices. lm
COOL ODFIi1 !
Ice Gnu Ail w say !
No Chiistiuati Dinner is conipleto
without tho Celobiated
Elite ice Cream
made from pure Woodlawn Dairy
Go and surprise your folks, order n
bucket of our delicious Ice Cream. Wo
pack orders for Ice Cream fiom 1 to 50
quarts in Patent Refiigerator Cans,' war.
ranted to keep its delightful flavor nnd
perfect foim lor ninny hours.
By last steamer wo havu received a
splendid lot of Fiunch Candies in great
variety. Also, an elegant assoitmeut of
Fancy Candy & Bon-bon Boxes
Just tho thing for n Chiistmns Present.
Our Fancy Cakes aro tho Favorite
Wth all iho Ladies of Honolulu. Ring
up Hell Telephono 182 or Mutual 1)38.
The Elite Ice Cream ParlorB.
TS'o. 85 Hotel Btvoot,
Arc opeu daily until 11 r.M.
wit i , ' I H., it. itlb