Hawaii Holomua, Volume III, Number 276, 4 August 1893 — Untitled [ARTICLE]

Fok umnitigated galland unpar*ll«lled cb«*ek conuuend us to the 8tar cditorial on the government financea laat night. We are well anare that nobody reads or paj any «Uenlion to the lying a»8ertiona made in the organ of the anrexation eluh, but we coneider it a *(āuty to ahow the fal«ihcatiun of figurea *nd theabsolutely‘’dt>ctored” •eeouul whieh has been present«d frr the pur[Miee of misl«ading p«ople abroad. *‘In sp>te of all the debto inheritsd fr»m thethief ridd*n monarchy, the Proviaioual Governmentof Hawawaii haa a handsoms halanee in Ihe Trensury, aud iU bonds ars •ellirg at a atiff price.” 8<.» says the Star. It wa§ shown in th« Adviaory Oouneil & week or •o ag). that all ths debts inhsrited lrom the old regime amounted to $2,CX>>, besidea the amount due for th« dredger, whieh ia oua of the w nionarc.hical” measuret whieh •ven the Star approves of. Ths goverument eannol to-day pay its just d«bts. The government haa aquandered the suin of 1108,353.73 on unautborued and unappropri•t d expenditures since January 17th, and is to-day as hopeI«ss1y »nd totally bankrupt as any gov•mmenl ean lieeome. In ouUUndiug aeenmU —amall hills around lown—tbe government owea $40,C00» h.il iosteed of attempting to pay theae debU andthereby reli«vs aud aasiat a number of Uxpayere, Ihe g >yerninent tella the people to ke h owed, aud cootinues to waate *yer $18,(X>0 • m»nth on their hirad aharp8h.>oters. hesides the thou•ands wh.eh Mr. \V.O.Smith pours •ul und»r tbe heading of inciden- !«!• f >r lbe purpoae of feediog a lot af ly ng and Ioafing “delcctiyas” who furniah aut!icient material fi)r Bm ih t) make a £ool of himself nnd (be governraent by aUrting iof :s conapiracy eaaee. and finisb ■p by aaddlmg the governmenl w:th b.ma jide damage auiU. The 8tar olaims that the govern■eot hae ao!d bonda to the amount ef $183,634.46 aod sold iheoa at a

••stiff price." What uturiy inaane rot i§ thi«. The §talement of Mr. I)anaon sh<»w« that an amounl ot ♦97,000 worth of bonds has heen aoid under the lale loan act. Mr. Damon also states that he now ie «eilline txmds at ninety-eight. and evervb*xlv know sthat al an auelion sale of bonds the otber day, the holder only reaiized ninety-throe. Moet of the bonds laken np sir.ce the P. G has heen in j>ower. have been lakei. in lieu of elaime whieh the gcven.ment were unahle to settte. We are aware tbat Mr Damon to ( day d <es not sell a singie bond «x- } eepl he is satisfledthatthepartydesiring them will not put thtm into tne market and whatever bonds go out fr>m the treasury today. go iuto Ihe same old riug, the same old famiiy-compact whieh con8id«r Sarauel Damon a tin-god-on-whee!sai.d BillySmith his prophet. The St;\r raay try to make up i>)gus statements of the financee of Hawaii. The lruth must eome out some day and the truth is very unpleasant for ttiose who wish tbe wor d t<> be!ieve that a golden era was instituted for Hawaii by the access of Mr. Dole and his confrerers. It would be both intereating as weil as instruclive, if tne Star would produce the uamee of the parties. who have t:\ken the bouda of the P. G. Very liUle eommenl would be necessary to prove the want <>f coutidence whieh the people and more especially the eapilalists feel towards the present regime. If Hawaii to-day had a stable governraent, the bonds of the government needn’t go a-begging and be quoted in Mr. Damon’s room at ninety-eight butin Senator Morgan’s auelion room at ninety-three, Where are the 123,500,000 whieh the Star tella ua the annexationists pay taxes on? Why do not eome of those anneialion millionaires eome forward and take upthegovernmentbonds notat nine-/ ly-eight, but at par. Where, oh. where are your miilionaires, Mr. Star man? Are the 123,500,000 only on paper. or rather in your , paperor are they any where in tangiWhy doesn’t Mr. G. Wileoi or Mr. Henry Baidwin or that truly rich note shaver and cullector-ia-ordinaire, Mr. W. R. Caatle, eome forward and do aome digging and help the government out? ls it p<>ssible that the onlv money whieh the government ean reach from their enthusiaatic aupporters belongs to women and minors, and estates, and that tbe aame entbuaiastic aupporten take mighly good care to keep their owu eoin in their safea and only ■upport Mr. Dole and his eonfreree in their capacity as truateea? Let Mr. Damon diapel our doubta and Iet him give a full and clear •tatement of the uamea of all tbe creditora of the goverument —a«cured and unaecured—and then we might put the proverbial flea into the prolonged auricular appendix of the Star man and give him aome cold facte whieh will make him see Stars for a few days to eome.