Hawaii Holomua, Volume II, Number 43, 7 November 1894 — A FIZZLE. [ARTICLE]

A FIZZLE.

Tbe propo»ed ‘‘ehanlahle" *saooialion wbicb is being arranpcd by Meaan. Bolte »nd Jones. and whiek has for in objeci to protect tbe ill-nsed pl«nters is not getting along so nicely as tbe promoters hoped. It wa» belierod that the aeheme sboold be kept »ecret, but the wicked Holomca dioclosed it throogh soorces th«t cannot be fathomed —by the promoteis *nd Mr. John D.Sprec : kels aod his iopreseutative here are now in fnll possession of the facts that inform them of the treacherous move of a few disgrnutled and impecunious financiers. The proposition to treat tbe the scbeme as a chnritxble move or at least an attempt to do n bencvo!ent tbing to the planla tioo st<>ckhoiders, hig nnd small, is simply hamorous. The secret object of the basiness is to furnish certaiu commercial gontlemen whose hnaneial legs are not so stitf as they sbould bo with means throngh the manipulaliou of whieh thev will be ahle to tide|

over tho present depressions *in tho conuuorcial market and probably reach a safe shoro ufter their finaucial swimming excur■ion. Tbey may find a few suckers who will follow them in their enternrise against bnt tho majority of onr planters will not embark iu a venture whieh inay cost thcni tho enruitv of that unroIeutiug-coucern whieh is representod by lbe king of Hawaii, Spreclcels. The association according to tho tonns of tho agroemeut ean uot go iuio activo opcration until owuers of 100,000 tons of sugar have subsoribed. If the small stockholdcrs wutch their iuterests and take out injunctions against the directors of th*»ir companies, as has been doue in two instauces tbe prospocts aro that tbe assoeialion will bo u total fizzlo, and tbe proraoters find tliat their droam of weallh aud hnaneial supremacy was only a bubb!o and a dream. The Planters’ Labor n€d Snpply association bas fiuishod its work. A most unsatisfactory labor report was presented and vory little woik was dono. Ihe plantrrs are either depressed or nware of tho ominous enlm that undoubtedIy precoods a storm. n wonl was said in regard to, Measrs. Jones and Bolte’s ‘ trust” i and tbe Spreckels representatives wbo now ba\-e got onto the inside track of tbe now scheme retaincd a porfect sileuco while Mr. \V. G. lrwin resiguod from the presi-, deney of the coiupany. 1 be pro|K>sed ostablishiucnt of | an cx{>erimoutal station dcservcs the higbest praisc «nd will beyond doubt be fully appreciatcd by all practica! cane-growers. | Tbe association rubs the bacfc of Frank Hastings by giving him a testimonial. At tho samo time it ( gives Tburston $l.r>00 iu casb.| Wo are iuclined to boliere tbat 1 rank wou)du t miud cbanging with bis famous or infamous boss 1t is underetood tbat minieter Uatch disavovs tbe anti-asiatic expressions of Mr. Thureton pub lisbed in Mashington papere. lt is now the custom of the representatives o! tbe ropublie of ' Hawaii to ‘‘lie” out o{ ev©rv ktd * hieak made by its members. 1 N\ ould it not ba better to em- 1 ploj gentiemcu and train«d poli- I lieiana instead of placing ‘scraba’ 1 in officials positions whero they J ■lways succeod in bringing ridi- ] eole and coutumacy on tbe bead oi tbe government represented ' bv ihem? Mr. Hatch has nnder- I Uking a sorioas oontrsct if he be- 1 Iievcs tbst a doub!e-barrelled 5 amile frora him and Damon ean 1 ■ettle diplomatie disagreements ( ■nd smother demsnds for explt» i uaiiona bj tbe foreign repreaen- t talives. t

We g’re space in today*s issn€ to two conTwpoi»deots who deal h*rebly witb the Dai!ey compnny We !<1wvvr helicve thnt all side? shonld i»e heanl bnt we must say th*t we decidedly d ; sagre« with the Wo«1 d—be cr.tics. In tomorrow’s issue we ahall refor moro fnlly to thīs znatter.