He must look out for wood, which is by no means abundant, and is often costly to bring down from the mountain; he must look out for his landing; must see that taro grows near at hand; must secure pasture for his draught cattle: in short, he must consider carefully and independently many different questions before he can be even reasonably sure of success.

And if, with all this uncertainty, he embarks with insufficient capital, and must pay one per cent.

a month interest, and turn his crop over to an agent in Honolulu, who is his creditor, and who charges him five per cent.

for handling it, it will not be wonderful to any business man if he fails to grow rich, or if even he by-and-by becomes bankrupt.

Many have failed.