Hawaii Holomua, Volume III, Number 296, 24 August 1893 — Untitled [ARTICLE]

Once nu«re the steamer f>r the Ci>?.8t has departed, and onee mi»ro tlie briljiant liar who coni|M>9e8 ihe fabrications for the de!ectation of the Advertiser’s free list abrond hjs written up the haaneial 8itu»tion with his custom.iry audacioua and de’iib‘.'rate Iies. H >wever, foIlowinp our advice, ho has this tin»e had the grace nottoput them forth under the she!ter of Mr. Djmon’s reputation nnd name. But hear him, O yo laborer? t and mechanics, and tradesmenl Hear him O ye * * I b >ndholdir9 and depositnr3 in ihe Po9t Office Saving9 Bankl Hear him, and wonder, all ye, who live and eat, and work (or fj.il togr-t it) in lbis Pand:se of the l’aeihe. “fhe hnaneial cond.tion of the country shows a gradual improven>ent, and the importations and c.rculation of mouey for the past ft-w iuouthscouu)aro uioal faVorablv with the conditions of oue year ago.” Nuw, this is a very bold and absolute statement to make at any time, but stil! more io the prfemt condition of affiirs, but Br’r Jobosiog doesn’t hesitite or make a second gulp at it. Ue boldly se(s it dowu. andtohina nod >ubt it seems so s«lf evident that he d.>esn't even cond**sceud to g;ve one scintilla of ev;d *nc?. er ou-j >t uf prj*.*f m su»>- ' port of it. Not a line to show what were the imporUtions of money a year ago, aod what is the amount for the last lew roonths. Not a line to show tbe circu!ation theu. and now. Nol in bis blatant eelfe mfideut style, he «ets it down jnd tberef>re must bs go, “for he himeelf hath »aid it.” It ia true, tbat a yeor ago financiallr, Ihe w .r’d <]Idu’t look so roseaUly spiritooos as doea today to Br’r Johnaiog, but «hat aboot lbe meo. who. a ye*r ago, were abte to earn their bread, and thal of tbeir wiee* and famtlies,hy , Ubohng oa gorerament work,sacb

as rrwds, bridg»-8, wharvrt, etc., or on biiiding-J thtrn bring ervct?d? Or, what aboJt the meehnnie?, who ,i vear ag* ffere in wcrk, and who ' ij(»w h;«ve t> s ! iould?r a l*. C». nv.!S* ket. «>r b-c-»n!e aP. Cr. P"l : c= earesdmpi*er and spy, in ordrr to fiii the empty st »machs, and e’olhe the naked b*dirs <>f then»sei\e8, their wives and fnnilic.<? 0r, what alx*ul the tr.id-smen wh", <>ne ye.ir ago Wi-r- 9teadily. if sl>wly, adding ! t » their accumnlated pr»dts put by i f»r a r.»iny da\', an i whoJ t> d.iy ' find it h«rd to pay purlial w »ge3 U> 1 their employet-8, and have t<» §tand off the rent collcctor? Will these answer that the circulation of money to-day Ci>mpare9 farorably with what it waa a year ago? Br’r Johnsing go round a Uttle and he will—if hone8t— benotquit« 90 brash, and previous on th«t poiul the next time he writes. And. why is this s>? Siraply b?c.iuse the g'>vernraent. inatead of spending the money in the country, eo badly netded :n these times of financial d:stress, is pursuing a policy whieh provides f>r its speedy export frora the country, leaving but a s:nall rcs dle in the hands of a fcw grasping m >nop >lists. It Bi>ends $17,000 a month on the military and diplomatic (?) service over and ab >ve what was apnropriated bv the legil and reg ilar ly elected representatives of the people, And ho.v is it epanl? O.» arms and ammunilion —imp>rted from America, soldiers’ unifi>rins—imp »rted from Amenea. f.K>d and provisions—all except beef from Americ.i, and everything passing thriiigh the hands <>f s>fewpe>ple as probab’y to leava n>t m">re Ihan ten per cent. of the e >in paid fur it in the e >untry f>r circulation, j or hoard:ng; the ramiinder of the j money. it is true, g >es in wages to ihe P. <j. army —tuatnly, if not entirely c>ra»>osed oi singleoien withoit families or rel»tives here t> supu<»rt—and they, if Ihe newsp;»l>er aml poliee court reports be correct. spend lhis mainly on becr —and \vhiskey —agiin imported i fr »rn Ameiiei, and whieh has to U3 paid for there. On the other hand. Ihe men amongst whom this surplus money wuuhl have olherwise been 8!>ent were it not for the Pretorian Military j>olicy of cowardice pursued by the P. G. are out of work, and hungry, and out at elb>ws, waiting f»r the fulfilrnent of the promise of the Mimster of Finanee, th»t if he ean rake np the monev after the overdue debts and the military, and the dime-ruuseurn expens s &re provided for, that he will—if he ean—epend $10.000 a month nearly on doii g s mie mueh needtd j»ublic works. And these *re the conditions whieh e >mpare favor.ib!y with lhose of twelve months ag>, wheu all was peaee »nd plenly. Br’r J»*hnsinc gor-s on t > sn* lhat w • I “Tbe ae.ual current revenue f »r the firsl six m >nths of ihe year sh<>ws a large when exc3S9compired with the corresponding |>eriod under Ihe monarchy. The cash haianee in the trea8’.iry to d>y is more tban doub!e the halanee in the treasury a year «ko.” It is uselew no doubt t> explam to 8uch a eillow fledgling in fioane; aa the Advertiser editor. what the phrmse “current revenufc” a<ftually ineana. We will thertf>re simply eonline oarselves t.> stiting lhat the exoess in receipts oomioa)Iy does not really eome up to the amounts received between January 1 and January 17, befare lbe P, G. eame iulo existence, aud th«t tbe revenue tberr{ure has ae-

tualiy heen less instead of more un der the P. G. when comparcd wilh the nionarchy. Agdn. ;l3 to th» tre»sury balanccs c»>mpared, oniy an cgr-gi>*ns asin!ne d -lt unacq in»nt«l w>th ihe tr-isury systcm of bookkcepii>g aml balances hcrc, and th<* f»ct that our b»K>ks : ,re cU>scd b.enniailv, wou<d evcr drcam of c»mp.iring the bilanccs at tue end of the nrst year of a bienniai period like the j>rc3cnt. and that al the end of the 9econd vcar as Br r Johusing evidently d >es, wilhoul as usual knowing what he is writing ab >ut. Again. there wou!d b3 no balanee at all bil a heavy deficiency if the govermuent p*id its debta. and c.incellcd its interest aeeounl. and tix>k up its floating n»»tc8. Anel whatba!ance thereisis niain!ydoeto these pwclices, Hke a man who s»ys he is worth $100, having thut am<>unt in his poekel, though he knows at the time of saying it tuat he 6wes $200, and has nolhing else to p>y it with. M»reover, if the confiscated ineome from the Crown Lands be deductcd froin this balanee on paper, it will grow 8" sbudo\vy that not even all the bo#kkeeping exj>ert’8 »rt ot manipulating figurcs eouUl make it aj>j>ear otherwise than as» fr*iudulent oi\e on th< f>ce of it. If this magnificent balar.ee had any tangihle existenc>‘, how is it we eannoi gct our amall bil!s f»r subscrii»tion io the Hoi.omUa for a fc\v months past |>aid by this wcalthy g »vernment? Ilow is it th:it lr.idcsmcn and business meu are not paid their bilis on j>rcsentition? How is it that the Risdon Iron W»>rks are not paid off. and the trcasury and P. M. G. notes taken up, and the heavy 8 and 9 j>er cent. inter est on them s ived t<> the government? No doubt Hrc’r Juhnsing will try to wr:ggle o\»t of th:9 dilfcmmu, b;it he e.mnol g t away from the fict that he has made misleading comuaris<>ns \vithout under3t:in<ling his snbj-ct aiul has definit*»Iy stamp<-d his appr»val on a jK>licy whieh inanipulatcs bilane; shcets. and ex;»>rts money through a fe\v monopolists while starving the laboring man and mecbai.ics, and ruining the rctiil 8toreXeeuers, whose tr.ide is derived fr«>m Ihe f.imilus of the laborer and the meehauie. Bre’r Jolinping als > ass**rts «g.iin without stitmg hia auth<»r*tiea “that tnere is now a steady detnand and sa!e of govcrnment bond8.** We pags over the EngHsh of Ihe extract without serionscomment tc eimj»ly remark th«t this must have grown u j> si nee the gi ngeraleed i t»>r iu I taken froiu the Planter*s Monthly and piiblished and endorsed by Bre’r Johnson just one week ago t.*-di\', in whieh he stited lhat uo Hawaiian bonds not even Postmister Gener.il b>nds went as readily stleab!e sec irities. However no d>ubt the depirlure of a steamer infl jenc?s Bre’r Johnsiug’s ideas to »uch an extent th.it he f<»rg?t8 what he endorsed a week ag *, or 5s it the ging>r-ale whieh metaboliie8 his raemory? He goea on to 8iy and here we agree wilh him in f>rm. though not in inteot “II is the g;ner il b3lief here that all that is now needed to open a new er» of or>spertty to Hawaii ia tfce f.»rroal assuranco by tbe U.8. that stab?e government in some form wtll-be guar\nteed in the near future.” To whieh we in the name of the Hawaiian nalion add, that for tbe sake of its own reputation for bonor, honesty, and justice aod ita own priac:plea of fraedom

of ehoiee by the to an oFig «rchy th.it Ih < J only be Ihe rchv : r _; J its pristine station wh •:.» •. ■ h«»lds in Ihe he.irt3 of it- , The »nnex>tionist-« :»ro , T ■ sitaation whieh r j ni!iul- ••_■ hen> in Frank Stockt > ■» »• The Lady or the Tig must ch«H»se b.*l»veen ‘ t * ! ■ of the restoration < r “ttie T I a mi!itary tle»jH»tic n:i» J 1 olig»rchy with the l ! nitevl t 1 u« *‘the D.sc»urager of II - ; s in the back-ground. Annexr I sny prospect of it they have destroyeil by the:r aet.«»;j* a genen»līon to eome.