possessing two markets instead of one is too obvious to require statement.

It is a reasonable conclusion, from all the facts in the case, that
sugar planting can be carried on at a fair and satisfactory profit in the
Hawaiian Islands, wherever skill and careful personal attention are given,
and due economy enforced by a planter who has at the same time sufficient
capital to carry on the business. The example of Captain Makee and Mr.
A.H. Spencer on Maui, of Mr. Isenberg on Kauai and others sufficiently
prove this.

If I seem to have given more space to this sugar question than it appears
to deserve at the hands of a passing traveler, it is because sugar enters
largely into the politics of the Islands. It is the sugar interest which
urges the offer of Pearl River to the United States in exchange for a
treaty of reciprocity; and it is when sugar is low-priced at San Francisco
that the small company of annexationists raises its voice, and sometimes
threatens to raise its flag.

There is room on the different islands for about seventy-five or eighty
more plantations on the scale now common; and there are, I think, still
excellent opportunities for making plantations. The sugar lands unoccupied
are not high-priced; and men skilled in this industry, and with sufficient
capital, can do well there, and live in a delightful climate and among
pleasant society, in a country where, as I have before said, life and
property are more absolutely secure than anywhere else in the world. But
I strongly advise every one to avoid debt. It has been the curse of the
planters, even of those who have kept out of debt, for it has prevented
such unity of action among them as must have before this enabled them to
effect important improvements. For instance, were they out of debt there
is no reason that I can see why they should not succeed in making their