33 
"If the water is measured now the real value of forest 
reserves can be accurately determined and demonstrated in the 
future, while otherwise it will remain largely a matter of 
opinion. 
"NjO private enterprise will undertake any such work in con- 
nection with Government or common property unless there is 
an opportunity to profit by superior knowledge of actual con- 
ditions, and officials held responsible should not be expected 
to act without proper information. 
"No work in Hawaii is of more importance than this ques- 
tion of a water survey. The extent of our future population 
depends upon the amount of water, and yet we are in absolute 
ignorance of its total volume, and can only venture a guess as 
to whether it is increasing, rapidly diminishing, or remaining 
constant. 
By act 24 of the legislative session of 1907 was established 
the College of Agriculture and Mechanic Arts of the Territory 
of Hawaii. The college is under the control of a board of five 
regents, appointed by the governor for the term of four years, 
with the exception of the first incumbents. The purposes of 
the college, as set forth in the act creating it, are — 
"To give thorough instruction in agriculture, mechanic arts, 
and the natural sciences connected therewith, and such instruc- 
tion in other branches of advanced learning as the board of 
regents may from time to time prescribe, and to give such 
military instruction as the Federal Government may require. 
The standard of instruction in each course shall be equal to 
that given and required by similar colleges on the mainland, 
and upon the successful completion of the prescribed course 
the board of regents are authorized to confer a corresponding 
degree upon all students who shall become entitled thereto." 
The legislature appropriated, from the loan fund, $10,000 
for the erection of buildings, purchase of apparatus, fixtures, 
etc., and $15,000 from the general revenues of the Territory, 
$10,000 of which is to be for salaries and $5,000 for general 
expenses. 
The board of regents has been appointed and the task of 
selecting a site and putting the institution in working order is 
already under way. Much interest has been manifested by the 
community in the college, and it is hoped that many good re- 
sults will flow from it. With the aid that this institution 
should receive from the Federal Government, under its munifi- 
cent system of endowing agricultural colleges, a most thorough 
system of practical instruction can be built up, the equal of 
any that obtains in our sister Territories. This being a sub- 
tropical country, the problems that will be presented here will 
be unique, and their working out will be watched "with much 
interest. 
