499 
gentleman  who  spoke  that  it  is  up  to  the  Woods  Estate  to  make 
an  offer. 
Mr.  Campbell.  With  regard  to  Mr.  Williams’  appraisement,  it 
simply  is  a part  of  the  problem  under  discussion  that  has  been 
going  on  in  this  matter,  and  it  would  probably  have  very  little 
relation  to  either  an  exchange  or  purchase.  Would  the  Woods 
Estate  consider  a reasonable  proposition? 
Mr.  Robertson.  They  will. 
Mr.  Hind.  The  planters  have  had  no  assurances  of  that  fact. 
Mr.  Campbell.  Can  you  give  the  Government  an  assurance  of 
the  fact  that  they  will  consider  a price,  Mr.  Robertson  ? 
Mr.  Robertson.  Why  certainly,  I thought  I had  already  stated 
that.  They  are  willing  to  sell  if  a fair  price  is  paid  them.  That 
is  about  all  there  is  to  it.  But  I am  not  authorized  this  afternoon 
to  make  any  offer,  and  I say,  the  position  of  the  Woods  Estate  is 
that  they  are  in  a receptive  mood  and  waiting  to  hear  an  offer 
when  it  is  made. 
Mr.  Swanzy.  Would  they  be  willing,  Mr.  Robertson,  to  have 
an  appraisement,  and  abide  by  the  result  of  that,  an  arbitration  as 
to  the  value  ? They  could  appoint  one,  the  planters’  interests 
could  appoint  another  one.  Would  that  be  acceptable  to  them  in 
order  that  we  might  arrive  at  some  solution  of  this  matter  ? 
Mr.  Robertson.  I hardly  think  so,  there  are  too  many  chances 
in  arbitration. 
Mr.  Campbell.  In  the  matter  of  the  appraisement,  the  Gov- 
ernment is  a party  at  interest,  the  Woods  Estate  is  a party  at  in- 
terest and  plantation  interests  parties. 
Mr.  Robertson.  I don't  think  that  is  any  objection  to  an  ap- 
praisement being  made  as  a basis  for  negotiations,  but  as  to  being 
bound  by  the  appraisement  of  anybody,  we  don't  propose  to  make 
that  agreement. 
Mr.  Campbell.  Even  for  the  purpose  of  arriving  at  a figure,  I 
think  we  are  getting  somewhere  near  the  mark. 
Mr.  Robertson.  To  serve  as  a basis  for  negotiations? 
Mr.  Campbell.  Yes. 
Mr.  Robertson.  I cannot  see  any  possible  objection  to  that. 
Mr.  Campbell.  Then  it  is,  gentlemen,  up  to  you  of  Kohala  to 
appoint  one  appraiser  and  the  Woods  Estate  another  and  the 
Government  a third,  or  let  the  two  of  you  select  a third  and  the 
Government  will  leave  it  with  the  parties  in  interest  and  keep 
out  of  it. 
Mr.  Swanzy.  It  would  be  satisfactory  to  you,  Mr.  Chairman, 
1 presume,  that  the  appraisers  for  the  purpose  of  arriving  at 
some  basis  for  settlement  should  be  appointed  by  the  parties  in 
interest,  the  third  if  they  are  unable  to  agree,  to  be  appointed  by 
the  Government. 
Mr.  Campbell.  That  was  my  first  suggestion,  but  I thought  it 
would  be  better,  if  the  third  was  selected  by  them. 
Mr.  Swanzy.  Why  not  by  the  Government? 
Mr.  Campbell.  And  they  select  a third,  the  usual  form. 
