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The Big Five

The Big Five. What is the Big Five. It was the five Biggest companies that ran Hawaii’s economy. They had their hands form sugar , transportation, and financial firms. Owned 95% of Sugar companies in Hawaii Owned by White American Males Except Theo Davies: English. C. Brewer & Co. Ltd.

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The Big Five

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  1. The Big Five

  2. What is the Big Five • It was the five Biggest companies that ran Hawaii’s economy. • They had their hands form sugar , transportation, and financial firms. • Owned 95% of Sugar companies in Hawaii • Owned by White American Males • Except Theo Davies: English

  3. C. Brewer & Co. Ltd. • Is the oldest out of the five . ( Est. 1820) • Started with a band of missionaries. • 1826 opened a store with $3000 of goods

  4. Theo. H. Davies & Co, Ltd. • Davies was from England and started at RC Janion Co. In 1857 • He was a clerk • 1882 – he became the head of the company and renamed it. • First to branch into transportation: Steam Navigation Co. then sugar.

  5. American Factors Ltd. (Hackfeld & CO.) • A German trader captain, H. Hackfeld, came to Hawaii in 1849. • Headed commercial house that exported sugar. • Change their name After World War I to more Patriotic name. • The company was seized during the war. • Still have financial houses around the state.

  6. Castle & Cooke Ltd. • They started as a missionary store in the islands. • In 1851 they expanded as a commercial house. • They were like the ‘Longs/Hardware ’ of their day. • Farm tools • Medicine • sugar machine • In 1898 they focus only on sugar.

  7. Alexander & Baldwin • Formed a company in 1869 on Maui • And operated Haiku Sugar Co. • Made the Hamakua Ditch sent 40 million gallons a day all over central Maui. • They bought more and more land in Maui for sugar • Most of central Maui and many properties are owned by A&B

  8. Interlocking Directorate • Most of the Big Five had board members for the other Big Five companies. • It started with the Hawaiian Sugar Planters Association. • The Big Five own Sugar plantations . • Each had board member on the HSPA. • Made Big Five strong because no competition.

  9. The Big Five Then and Now • Compare and contrast the Big Five from their beginnings to now. • Make two columns: name it Then 1800’s-2000’s and Now 2015 • Under each columns look at the following aspects • Money – how much they are worth (stocks, people) • Holdings–What do they own in their company. • Ownership- who owns the company? Inter locking Directorate • Compare and contrast of the company through out time? (One Paragraph) • Make a collage of the Big five before and after in color/pen.

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