Maui Mayor Lingle, the Republican standard bearer for Governor, swept her opponent, former Mayor and 4-time governor candidate, Frank Fasi, by a 2-1 margin despite Fasi's pleas for Democrats to "crossover" and vote for him. In the Democratic Primary, Governor Ben Cayetano got more blank votes than actual votes, sending a sharp message to supporters, and hope to voters seeking change.

In a closely watched statewide race, businessman and former State Senator, Stan Koki, outdistanced Mike Liu to win the GOP Lt. Governor spot. The more conservative Koki, promises to be a hard campaigner for Lingle.

Former State Representative Gene Ward easily captured the Republican primary for the 1st District congressional seat, after Quentin Kawananakoa withdrew for health reasons, setting up a showdown with incumbent Democrat Neil Abercrombie. With a host of attractive candidates in the House and Senate, Republicans drew major interest in the primary and have an opportunity for significant changes to Hawaii's one-party system. Democrat Senators James Aki, Roz Baker, Wayne Metcalf, Lehua Fernandes-Salling and Malama Solomon lost; Robert Bunda and Rod Tam escaped by close margins and former Rep. Terrance Tom running for the Senate was defeated.

PAYCHECKS HAWAII ENDORSES
PRO SMALL BUSINESS CANDIDATES

PAYCHECKS HAWAII, created in 1984, is a private, independent, non-partisan, political action affiliate of Small Business Hawaii. (No SBH funds are used for political purposes). PAYCHECKS is dedicated to non-partisan, direct political action for small business in order to improve Hawaii's business climate.

PAYCHECKS HAWAII endorses those candidates who offer the best opportunity for real economic and investment change in Hawaii, regardless of political affiliation. The '98 candidate endorsement list appears in our printed edition as or by following this URL:

http://hotspotshawaii.com/SBH_on_H4/endorsement98.html.

PAYCHECKS also rates each legislator annually.

NOVEMBER 3 ELECTION TURNING POINT

"This election is not about Republicans and Democrats, it is about the future of Hawaii, " says Republican candidate Linda Lingle. It is also a turning point for Hawaii. The state has been at an economic and political crossroads and the political structure will determine the direction and vitality of the economy during the millenium.

Hawaii's race for Governor has garnered a great deal of national media attention because business and economic publications are curious as to why Hawaii lags the rest of the nation in economic indicators when the state has so much going for it and so much untapped opportunity. Their conclusion: it is the political system not cyclical economics that has hamstrung Hawaii for the past 8 years.

PLAN FOR 35TH ANNUAL HAWAII
TAX INSTITUTE OCTOBER 25 - 30

Chaminade University Tax Foundation and Chaminade University of Honolulu, are sponsoring the 35th annual Hawaii Tax Institute, Sunday October 25 - Friday October 30, in the Hawaiian Regent Hotel. It is a premiere financial event.

Director of the Institute is SBH member James W.Y. Wong, CPA.

The five-day seminar will discuss changes to the law that affect both corporate and individual taxes, as well as long-term financial planning. The Conference is open to everyone and targeted toward small business owners and financial officers, CPAs, attorneys and those who specialize in financial matters.

The Institute is divided into two major sessions: Estate and Gift Trust Planning (Monday and Tuesday) and Individual and Business Planning (Wednesday through Friday).

While the Institute is designed primarily to serve as a forum where tax-oriented people may freely exchange ideas on practical problems, professional status is not a prerequisite for registration. A high level of tax learning has been the hallmark of prior institutes. This year's forums will utilize and combine the far reaching experience of its distinguished panel of recognized tax authorities.

For information and registration, contact Gail Suguta, program coordinator, at (808) 946-2966.

SPACE STILL AVAILABLE
FOR SBH'S "THE TRADE SHOW"

Mike Rossell of Production- Hawaii, Inc., organizer and producer of Small Business Hawaii's - The Trade Show - scheduled for November 17 - 18 in the Neal Blaisdell Center Exhibition Hall, announced that SBH members still have an opportunity to reserve space and to select a good location at preferential rates.

The expo will feature many special events and hands-on interactive exhibits. For additional information, contact Production Hawaii at 532-7300 or call SBH 396-1724.

THE SETTING TEXACO STAR

Independent small business Texaco service station owners in Hawaii are going through a great deal of trauma and economic distress caused by the State Attorney General's office. in actions initiated a year ago. The State AG challenged a nationwide marketing agreement between Texaco and Shell alleging it would reduce competition. The State insisted on divesture by Texaco, then entertained negotiations with an existing petroleum wholesaler to take over the Texaco operations. Interestingly, that would have resulted in a market share bigger and less competition than the existing arrangement the State complained about. That deal fell through but the divesture advanced with the result that the Texaco star will disappear from hawaii (probably to be replaced by ARCO) leaving station owners up in the air as to their future.

PROFESSIONAL WOMEN'S
TRADE SHOW OCTOBER 26

The Professional Women's Network will hold its 15th annual Trade Show on Monday, October 26, Pacific Ballroom, Ilikai Hotel, from 4:30 to 8:00 pm. The public is welcome.

The Professional Women's Network celebrated its 20th anniversary recently.

The October 26th event will open with an Anne Klein fashion show and conclude with the sounds of the Honolulu Symphony Galliard Quartet. A silent auction will benefit the Alex Memorial Scholarship Fund, a scholarship to help women further their education. Pacific Business News will be awarding their first annual "Women Who Mean Business" awards. The winners will be featured in the October 26 edition of PBN.

For information and booth registration, contact Arlene Krupa, at 593-9114. If 10 or more SBH members purchase a booth, the cost of the booths will be reduced for them.

DISCOUNT FOR FINANCIAL
MANAGEMENT WORKSHOP

Small business has always been at a disadvantage, compared to large business, in providing benefits to employees. Especially educational and workshop benefits. NO LONGER! Your Small Business Hawaii now offers a financial management workshop at a discount for your employees. Stan Jacobs and Mark Vannatta have over 28 years off experience that can be offered at your location or at a central site.

The complete Financial management workshop covers six areas essential to financial well being:

	1 - risk management          4 - tax planning
	2 - cash management          5 - retirement planning
	3 - investment planning      6 - estate planning

There is a charge for the event and it covers the cost of the 168 - page workbook, kept by employees for use as a future reference material.

For additional information on how you can improve the morale and welfare of your employees, call Stan Jacobs at 536 - 6977 ext. 15 or e-mail sjacobs1@mony.com.