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Dr. Waterhouse here read a paper upon new species of Manihot 
rubber tree, which have attracted considerable attention since 
their discovery. A few specimens of these trees are now grow- 
ing- in the islands and their development is being watched with 
great interest. 
Messrs. C. J. Austin of the Nahiku Rubber Company and Q. O. 
Jacob of Nahiku spoke of the work of the past season and the 
results of their experience upon various phases of cultivation. 
The day's proceedings terminated with a banquet at the Alex- 
ander Young Hotel, at which several excellent addresses were 
delivered. Judge S. B. Dole described the difficulties which in 
the past had been encountered by the pioneers of other industries 
in the islands. With regard to the rubber industry Judge Dole 
spoke of its advantage in being one in which the small land owner 
might venture as although to produce it requires sk ; ll, its manu- 
facture is not dependable upon expensive machinery. He looked 
to such industries as rubber, tobacco and pineapples to bring to 
our islands a people of intelligence and enterprise who would 
effect much for the financial, social and political development of 
the Territory. 
Mr. B. F. Dillingham then spoke effectively of the difficulties 
which all new enterprises encounter and must overcome, before 
they become established. However, frequently the difficulties are 
enough to discourage the most sanguine. The speaker would say 
a word of encouragement to such, for he too had hard doubts and 
fears and many sleepless hours of apprehension which had been 
dissipated in the sunshine of hope and anticipation. Mr. Dilling- 
ham believed that rubber would become even what ihe most san- 
guine of those present hoped. He had noticed that whatever in- 
dustries were suited to our conditions produced results not only 
equal to those of other countries, but even a little better. This 
is true of our sisal, which commands a higher price than that of 
any other country. It is true of our pineapples, for nowhere in 
the world is such delicious fruit produced as in these islands. It 
is also true of our oranges, and connoisseurs have pronounced 
those grown in Hawaii to be second to none. He would particu- 
larly urge upon all those present, who were of an age to profit 
by his advice to plant orange trees in their home gardens. He 
believed that the time was near when Hawaii would be unable to 
supply the demands of her population on account of lack of fore- 
thought of agriculturists. 
Mr. W. O. Smith then made an excellent address upon the 
necessity of increasing the agricultural industries of the islands. 
He reminded his hearers that even the sugar industry had had its 
reverses, and had only survived by dint of perseverance. The 
speaker insisted that the logical crops for Hawaii to produce 
were those which have a world's market. Rubber is an article 
the area of whose production is limited, but which has the whole 
world as its potential consumer. In this he viewed the greatest 
opportunity and earnest of success of the new industry. 
