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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 10, 1906)
THE MORNING OREGONIAN, . MONDAY. DECE3IBER 10, 1906. i STATEMENT OF THE CONDITION OF CAPITAL SJOCK, $250,000.00 DECEMBER FIRST, 1906 ASSETS. Mining properties Sterling Mine $363,715 08 Crooked Creek Mines , 50,000 00 Other Properties 21,819 53 Mining Stocks Lee's Creek Gold Mines.. (1.200.000 Shares) Other Stocks : Furniture and Fixtures Machinery and Equipment of Mines ; Personal Accounts Installments due on Lee's Creek Gold Bills Receivable Treasury Stock J. C. LeeCo. 24,000 00 3,440 $0 $435,534 61 27,440 00 5,481 25 43,127 43 3,706 30 697 35 3,722 50 ,56,900 00 $576,609 44 DISBURSEMENTS, Brokerage Department $.36,645 43 Expense Accounts: Salary .. $ 9,065 06 Advertising , 4,910 57 Agent's Commission 8,488 17 General, rent, etc 10,512 69 32,976 49 Dividends ...... 6.761 50 Treasury Stock , 6,805 00 Sterling Mine . . . . r 8$,714 66 Crooked Creek Mines 20,610 25 Other Properties '.. 6,735 79 Machinery and Equipment . . -. . , . 3,127 43 Furniture anil Fixtures 5,379 40 Total ." $202,755 95 Total , LIABILITIES. Capital Stock . $250,000 00 Bills Payable 9,763 50 Personal Accounts 31,352 50 Mining Stocks ' 394 39 Excess of Assets over Liabilities (surplus) 285,099 05 Total ....... : . . .$576,609 4 RECEIPTS AND DISBURSEMENTS. RECEIPTS. Sale Treasury Stock . $109,142 00 Brokerage Department 74,659 69 Excess Expenditures oyer receipts . . .'. . . . 18,954 26 Total $202,755 95 I hereby certify that I have examined the books of The J. C. Lee Com pany, a corporation doing business at the corner, of Sixth and Ankeny. streets, in the City of Portland, Oregon, and that the above statements were prepared by me from the accounts as they appear on the books oJ he company, and are correct to the best of my knowledge. (Signed.) MAX CRANDALL, Public Accountant. Portland, Oregon, Dec. 8, 1906. ' . Subscribed and sworn to before me this 8th day of December, 1906. (Notarial Seal.) M. T. LEE, Notary Public for Oregon. (Note.) The brokerage business shows that, after paying all divi dends, which have been paid, and allowing $1000 per month for office -xpenses, that there has been carried from the earnings of this depart ment to the property account about twenty thousand dollars. MAX CRANDALL, Public Accountant. At the annual meeting, held in the company's office on December 1st, the stockholders voted to issue $50,000 worth of -first mortgage, 6 per cent, ten-year gold bonds, to be secured by a first mortgage on their mining properties, including the Sterling Gold Mine in Siskiyou County, California, and their placer property located at Dixie, Idaho. These bonds are issued in denominations of $100 each, with twenty. interest coupons attached, interest payable in January and July of each 3-ear, both interest and principal payable in gold coin. The Board of Directors have authorized the immedi ate sale of $25,000 worth of these bonds at par, giving as a premium with each $100 bond one share of The J. C. Lee Company stock. These bonds are being sub . scribed for rapidly by the stockholders. . The unsold portion is now offered to the public on the above terms. - Our record for the past year, with our present assets, should be a sufficient guarantee that each share of stock given with these bonds will sell for $200 per share before the end of the year, as our books showed, upon expert examination, that after paying eight dividends of $2.25 per share on our stock, and allowing $1000 per month for office expenses, that we carried to our Prop erty Account nearly $20,000 net profits. The bonds, we consider, are equally as good as any municipal or public-service bonds, as the property bv which they are secured by first mortgage could be sold at forced sale for a quarter of a million dollars. If you are interested in a first-class, bonafide invest ment we would be glad to take this matter up with you in detail. For further information address The J. C. Lee Company, Commonwealth building, -Sixth and Ankeny streets, Portland, Oregon, or either of our Directors, whose names and addresses appear below.' BOARD OF DIRECTORS: J. C. Lee, President J. C. Lee Co., Portland, Or. A. S. Sholes, President, KiUsboro Commercial Bank, Hillsboro, Or. J. H. Hawley, President Polk County Bank, Monmouth, Or J. H. Keyt, Capitalist, Perrydale, Or. J. C. Vyatt, Druggist, Vancouver, Wash. W. S. Hurst, Commission Merchant, Aurora, Or. J. G. Boydston, Capitalist, Portland, Or. THE J. C. LEE COMPANY, COMMONWEALTH BUILDING, STS- LETTERS GIVE VARIETY OF VIEWS City Should Go Into Slabwood Business Strictures on Recent Treatment of the Winn Case No Room For Japs The Steunenberg Murder. MARK FIREWOOD CHEAPER City Should Sell Slabs to Consumers at Cost Price. PORTLAND, Tec. .(To the Editor.) Coming from Ohio, whore wood is scarce compared to the millions of acres of timber in Oregon. I am surprised as well as dis appointed at the extraordinary high price of fi re w ood in Port land. Considering the prices of living, rents, etc., it would seem that the poor people the la borers who do the real work in building up the city have a hard struggle to live, and that conditions should be made better for them. In Ohio, good, dry oak and hickory can be purchased at $ '2 a cord four-foot wood, corded up solidly as the law requires as there are wood inspectors who measure In wood and see to it that people get what they pay for. Coal in Ohio is $2 to f X50 per ton, according to distance from the mines. In Portland, the dealers sell itO sacks for a ton. Who knows that there is a ton in those 20 sacks? Is there any in spector of coal or wood? And why should coal be 73 cents a sack, or $15 for 10 sacks which certainly places it out of the reach of poor people, unless they live from hand-to-mouth and can only buy a sack at a time? Is there a "fuel trust" in Portland to keep up prices? It would seem so to a ten derfoot, a long way from home. X notice that there 1k a great waste of wood in this section. Slabwood is thrown away millions of cords piled into ditches and gulleys and sloughs wasted in all di . rectlons to get rid of it, while people who need fuel are soaked In price for what they purchase. The authorities should take ac tion in this matter and positively forbid and stop the waste of the people's firewood. . Compel the millowners to pile the slabs somewhere and sell the-m at fair prices. Or, let the city take charge of all the waste wood, pile it somewhere, and sell it at cost price to the people that is, the cost of hauling and piling it. If the millowners will not donate the waste wood to the city, let the city pay something for it. But stop the waste and utilize all wood now thrown away. I call the attention of Mayor Lane to this matter. TViere is plenty of wood for all and to spare. And really, if any one necessity ought to be cheap in Portland it is firewood. A TENDERFOOT. 0 ROOM HERE FOR THE JAPS Attitude of American Workers to In flux of Orientals. BAKFR VITY, Or., pec. 8. (To the Edi tor.! About four years ago The Oregonlan published a letter from me. in which I undertook to defend the American laboring man from what 1 believed to be an unjust rrijticism of the expression "Down with the Chinese ." In the President's message to Congress a few days ago, he urged, among other mat ter:, that Congress pass a law for the nat uralisation of Japanese who come here In tending to become A merk-an citianns. The argument that 1 used four years ago in de fence of American labor a against cheap Chinese coolie labor, will find application in tne edovp recommendation. I believe that The people of the Western States and par ticularly of the Pacific Coast States will Mrenuously oppose the naturalization of the Japanese. Heretofore, the question has principalis ten In regard to t "h inese cool ie labor, but now it relates generally to all Oriental coolie labor and particularly coolie labor of China and Japan, bet me see how the President can harmonize 'his recent utterance with thosa of a year ago. A man's fitness for citizen ship is his test. Now citizenship is made up of several attributes, among which may be mentioned a man's moral and social quali ties as well as his standard of living. And if these qualities are in any large degree below ours, ho is not a desirable subject for naturalization. The question then is: "Dors the Japanese coolie, for the argument is upon coolie labor, possess tnose attributes of citizenship which we demand?" If he does, then he is entitled to citizenship otherwise, not. The people of the FacinV Coast States very generally believe tha t the coolie labor of Japs should he clashed with t he coolie lahor of China or any other of the Oriental countries, and are therefore opposed to tho immigration of such a class of subjects to 'his country. They reason that such Immi gration would come into competition with the free American labor of this country. Such competition would mean that the American laborer, who has meat for his family three times a day. If he wishes it, would be put In competition with the coolie whose chief food is rice, and whose mode of living for centuries past has been such that no American in this land would hope to follow. The. boast of our country is that the American labor of this country is better clothed, better fed and better housed than in any other place in the world. Among the reasons assigned may be mentioned the fact that we have been ever vigilant In protecting the man who earns his bread "by the sweat of his brow. And now a word about the Japs' moral and social qualities. It is common knowledge that the average Japanese Is an unmoral man. Shlntoism is his religion, and its teachings may be gathered into a single rule: "Follow your natural impulses, and obey the Mikado." And in positions of trust, it is also a notable fact, that these in the Orient are occupied by Chinese. The people of the Pacific Coast States believe that the Japanese coolie classes in particular, do not meet that standard of citizenship that en titles them to become American citizens. Whatever is done to lower the standard of citizenship of the American wage worker 3 a sure sign of the weakness of our gov ernment. It Is a sign that the classes and not the masses rule this country; that the power of the almighty dollar has taken the place of the ballot; that he who has the power to wield his strength with the ballot, and assert his citizenship and American independence, is sleeping on his rights. This whole subject at bottom involves the labor question, and it Is to my mind of vastly more importance than the tariff. Western sentiment favors a very general re vision of the tariff, especially tariffs relat ing to "infant industries." Whenever a Con gressman hints at a revision of the tariff, the representatives of the interests arise en masse and shout: "Behold, an insurrec tionist." They say that the tariff is a sa cred thing and that to change the present rates would be akin to accepting the precepts of the Koran for that of the Bible. When one of our Western Representatives asks that the laboring man be protected from the cheap', coolie labor of the Orient, the rep resentatives of the "Interests" plead that there is a lack of labor In this country, and that moreover our industries and growing commerce demands that we extend to China and Japan the same privileges that the most favored countries in the world enjoy. Ad mitting that there is a lack of labor in this country, this condition, with a good day's wage, a hopeful heart and a welcome home, is far preferable to a starvation wage with all its attendant consequences. And if our commerce might be weakened or even de stroyed by reason of not permitting the Oriental to become a member of our so ciety, this is also preferable to destroying our civic pride and virtue, our love of coun try and all we hold most dear to us, in this republic of ours. In my judgment, the proposition of allow ing the Japanese to become naturalized is simply a subterfuge in unloading the Ori ental coolie In this country. We have never asked China or Japan for the privilege of becoming citizens of their countries nor would we ever care to do so, for the all sufficient reason that America is good enough for us. We believe in righteousness and fair dealing, and in dealing with our neighbor as we wish to be treated. And thus we follow the golden rule. WILLIAM J. LACHNER. more humane and probably not being a church member, set the poor man free. Then up jumps Mr. Montgomery and shakes hands with his victim and says he will help him find work. Why did he not do that at first? If not able to aid,, him finan cially, Mr. Montgomery at least could have ppoken kindly to him and learned his trou ble. Thi3 minister, sitting back at his ease, a non producer, on a salary coming from the people, which one is the beggar? An other individual, alo a church member, had previously loaned Mr. Winn a little money, exacting usury, and a member of the Young Men's Christian Association staff drew up the note. All this rottenness In the church, hy people -who pose before the public as Christians away with such hypo crites? I am a church member myself, but I see so much deceit and hypocrisy in my church the Presbyterian that I am dis illusioned and often wish I had remained, outside. Jhose outside at least are not Chris tian hypocrites. T. HIGDON. AM I MY BROTHER'S KEEPER? Strictures on Presbyterian Treat ment in the Winn Case. PORTLAND, Dec- J (To the Editor.) The spectacle of a minister of the Gospel, Rev. A. J. Montgomery, of the Third Pres byterian Church, causing H. S. Winn, a poor, ick man, to be arrested for asking aid, ant this man, with a wife and little help less children, one a babe of only 7 months, calls for comment. This man Is willing, but out of work and unable to work. What "more natural that Mr. Winn should, in his distress go to the minister for com fort and aid. And did he get them? No. This good, religious minister who tries to tell other J how to do right had this af flicted man arrested and brought before tho Municipal Court, where the official, learn ing of the true state of affairs, and being SOMETHING IN A NAME. Oregon Hospital for the Insane, or Should It Be Asylum? SALEM, Or., Dec. 9. (To the Editor.) There is opposition to an immediate change of the name of the Oregon Reform School to the Oregon Industrial School. The Orego nlan recently stated reasons in answer to arguments for the change, made by Superin tendent L,ooney, of the Reform School. I wonder wnat people think of resuming the former official tifle of the Oregon State Insane Asylum, namely, the Oregon Hospital for the Insane. "What's in a name?" absolutely does ap ply In this instance. There may be a vast deal of good, for the benefit of mankind, in the name of any public or private Institution. An asylum is merely a place of refuge, or, more or less correctfy, is so supposed to be in the mind of some folk. A hospital conveys the idea that many are cured who become patients therein, or, at any rate, are re stored to a fairly active condition, fully cap able of usefully enjoying "life, liberty and the pursuit of happiness," the affectionate companionship of relatives, and pleasant so cial and business Intercourse with friends and others who are met in the bu3y world. Computing from the present number of ffvex J400- patients in' the Salem asylum, and that the percentage la nearly 40 in every IOO received who are ultimately dis charged, or released from that institution, it can certainly be termed a hospital for too treatment of mental and nervous ailments, the degree of success being on record. By terming that Institution a state hospital, the "esprit du corps" there would be main tained. During its history, Oregon's asy lum Is entitled to credit for releasing hun dreds of patients, who ' have been "sent on their way rejoicing" and have done well in active life. That Institution and the peo ple of Oregon are entitled to credit for fu ture good work in restoring the afflirrted to health and usefulness. A public hospital in fact, the institution should be so in name. Many other states have named similar in stitutions hospitals. The term is applied In effect, or. in fact, to practically all like pri vate institutions, or sanitariums, in Amer ica. When and why was the name of tho Oregon Hospital for the Insane as the in stitution was entitled when it was located in East Portland changed to Oregon State Insane Asylum? JOHN W. ELLSWORTH. spiracy by a band of as high-handed pirates as ever disgraced the darkest days of medi eval feudal despotism. Let It be understood, the writer is no SocialiHt, no purblind radical, commiserat ing the real or imaginary woes of labor t though, God knows, the circumstances might excuse radicalism), but is a firm ad vocate of law and order as it has always been and always will be upheld In this country by the ballots of her yeomen, or their guns. If need be. But as one who pees an ominous and well-defined portent in this monstrous wrong and in those which have led up to It, he cannot but wonder at the apparently studied repression by the Associated Press dispatches of the full de tails of '.his case. Such limited space as is allotted to it, both in the dispatches and editorial columns, seems tinctured with a timorous quality that looks grievously like Indirect Intimidation of the writers a con dition that reflects no credit upon American journalism. Here, then is the gist of the matter: The case is one of National importnnce. It ought to be noticed, analyzed and treated in a manner befitting its importance. Why, then, do the Associated Press and the great body of editors shy at it? Let us hear the case tried on its merits before the whole people. If Moyer et al. are guilty as charged, then they are the blackest-hearted murderers of the century. If innocent, they are the victims of the vilest cabal of damned blackguards that ever lived. Let us hear the truth. ARTHUR J. PRIESTLEY. ATTACKS THE RICH REBUKE FOR SNOBBERY TRYING THE IDAHO CASE. Shall, a Verdict Be Reached First by American Newspapers? PORTLAND. Dec. 9. (To the Kditor.) There is at present pending in the Idaho courts a case which has attracted the at tention of tlie whole country. It is the moRt important criminal proceeding since the Dred Scott case, involving as it does the vital principle or individual liberty and ihc constitutional question of the sanctity of the person. I refer to the case of Moyer. Haywood and Pcttihone. In the writer's opinion (and he has fol lowed the case carefully) there is not, cannot be in the mind of any unprejudiced person who has read the details of this case fairly, any question but the prisoners have been the victims of a most outrageous coa- 1. Soils Cohen Warns People's JFo rum of Economic Perils. D. Soils Cohen spoke on "Economic Conditions" at the Pcople"s Forum iast night. - "We cannot shut our eyes to danger. " said Mr. Cohen. "and danger surely stares us in the face. If we permit our wealthy families to form a commercial aristocracy; If we permit them to crush out ambition and throttle the Nation, then the danger will come. The only way to ward oft this danger Is through Ameri canism. "There Is but one aristocracy in this country and that is the American. To cherish Americanism there is need of caution and care in our schools, in our churches, in our public offices, and in our Army and 'Navy. We must take care to weed out all traces of snobbery. You can not make good citizens from snobs. When our churches are closed to the laborer and the poor woman in a shabby dress cannot sit by the side of the Voman in silks and satins, then there is need of care in the church. "What is the strength of the Catholic Church today? It is the fact that its doors are always open that the man in overalls is as welcome as the man in broadcloth. "Our American Senate will also bear watching, for the Senate of Webster and Clay has become the Senate of Depew and Piatt." Socialist Settles at Seattle. SEATTLE. Dec. 9. Walter Thomas Mills, Socialist orator and author, has come to Seattle, to reside. Mr. Mills is the author of "Struggle for Existence." a leading work on Socialism. He former ly resided in Chicago. It is his intention to organize a stock company to publish a weekly newspaper devoted to the ad vocacy of Socialism. It is proposed by him to purchase a site and erect a build ing for his paper. Shipping In Gray's Harbor. HOQUIAM. Wash.. Dec. 9.-(9pecial.) Thirty sailing vessels arrived during the month of November in Gray's Harbor, the above vessels having a 'guide capacity of 21.923,000 feet of lumber. Twenty-nine vessels lumber-laden were towed to sea during the above month, with a carrying capacity of 23.814.559 feet. This export does not include the totals of the steam ers which ply between this port and other California points. Socialist Orator Assails Rule of the Plutocracy. TALKS IN BITTER VEIN Spring humors, pimples and boils are cured by Hood's Sarsaparilla, the great blood purifier. E. H. Holnian Denounces Present Industrial System and Inveighs Against Money Power His Scheme of Reform. E. H. Holman gave an interesting lecture last night at Socialist head quarters, 309 Davis street, on "Social ism, the Hope of the World." A large audience loudly applauded telling points made by the speaker. Dr. C. H'. Chapman was to have spoken, but was unable to attend the meeting, and Mr. Holman was substituted on the programme. Mr. Ho!.m:in said the United States Government was not what It-should be. but the Socialists' plan was to make it right, not by force of arms, but by utilizing the factories and railroads for the public benefit at a nominal cost, giving the laborer the full fruits of his toil. Continuing he said: "The stories of Lexington and Bunk er Hill have made our hearts throb with joy and pride for our country for our country's past. But our coun try today is not what it once was.'- I have knocked, around quite a bit, and all governments of which I know any thing at all simply exist to make the laws for the benefit of the moneyed class and for the subjugation of the working people. The government is the tool of the rich. We carry the torches for the man to be elected. We yell ourselves hoarse over a candidate, but who marks the slate? Who really elects the President and the men who fill our public offices? Why, the rich est 5000 families in this country, whom our good government pefmits to do whatever they please. Capital Hobs Cradles. "Under the Stars and Stripes today we see 2,000,000 children working in the factories and mills under the gov ernment, which has made the laws so favorable to the capitalistic class that it can take the children from the cra dle for these purposes. Things have now come to the pass that even the women of this country are exploited by the capitalists. We see under our flag millions of men, homeless, friend less and hungry, out of work. ' Under Old Glory we see perhaps two-fifths of the working class constantly out of employment. Thus we see one set of people living up on the hill, and an other living down under the hill. I have never yet seen the town small enough or mean enough that did not have its social leader who tried to set the pace for the rest of the people of rtie burg. "Everywhere you find this separation of the classes, but it is unjust, cruel, monstrous and damnable. It Is not only made possible but made inevita ble by the government. "Any man who will go four blocks from this hall will see foul social conditions as they exist. The fairest maidens of our country are forced beneath the scarlet sea of sin and iniquity. We ought to put a red-light house in front of every man sion .in this city, that these plutocrats could see the results of their doings. These goody-goody -people are scpulchers yes, whited and filled with dead- men's bones. Is Not an Anarchist. "I am not an anarchist, but I would rather be called the most violent, dan gerous, contemptible creature in existence than to have the reputation of being able to live in the midst of these conditions nd let them go on when I had the power to prevent or put a stop to them. "These are the conditions our Govern ment faces no, not our Government; we have no government, for this is not gov ernment. "The working people build all the houses, but where do they live? They build all the libraries, but when they come home at night after a hard day's labor they do not have the time or strength to read or study. They build all the automobiles, but the only sport they get out of them is the chance to dodge one as it comes down the street at break neck speed. "I have a friend who thinks he is a radical. He is a mixture of Roosevelt with the big club and Bryan with his big mouth. He was trying to make me think that the conditions of the working classes were growing better. He would make me believe that it is living in style when a man gets a room yes. with cloth parti tions, cheesecloth at that and can hear the snoring of his fellow-creatur at the other end of a 14-rooin hall in the dead of night. This man Is a good feMow: I would trust him with all the money I've got. Was Broke in Denver. "But it Is a different thing to eat a 5-cent break-fast from choice than to eat one because you have to. You find it dif ferent when you have to take a liberal nickel meal twice a day because you're broke. I have been in Denver when men, myself among the rest, would go from one restaurant to another studying the bills of fare to see where we could get the biggest amount of fodder for the smallest amount of cash. 'Facts get .pretty close to you when they come through the alimentary canal. Thst government which would let incti thou sands of them, good men. who are willing to work at anything for a living go around looking for a job and unnble to find anything to do, is not the right kind of a government. "An ex-Governor of California once said that no millionaire ever went to prison, and I think he was pretty near right. But when some horny-handed son of toll comes before the august tribunal he cots It where the turkey got it last week. Yon usually get a fellow for your lawyer who Is hanging around the Courthouse on his eyebrows. You usually get that kind of a drunken stiff to defend you. "Why did Mark Hanna go into politic? It was because he had such latnc inter ests that he had to go into politics in or der to handle those in a way to suit him self. It is hard for the average man to sing 'My Country, 'tis of thee,' when li very ground has been stolen from uncle: his feet. Hanna lived for nothing bin the almighty dollar. Xo Hope From Above. "We shall never get liberty through the better class. The only way for us to get liberty is through the humbler classes. We will get it only when we have to have It. and when that time comes we want to have our forces so organized that we can run the factories for the benefit of the whole people. "If the people of Minneapolis, where they make flour, should rise up and horn all the mills and also destroy a few miles of railroad; if the people of Chicago, where they railroad a pig through the slaughter-house in four seconds, should also rise up and do the same thing, we would have more suffering than .an Francisco or Galveston ever witnett-cd. "We socialists believe, not In ail upris ing to destroy the public utilities, hut in capturing the government. Then if Rocke feller wants to work and produce some thing for the public benefit, all right: if not, he can live as he may; and so with all the other capitalists who now live off the common people." Moneyback wasn't a word. S hilling'! Best had the meaning and made it. WE CURE foi MEN FOR CONSULTATION FREE Established 25 Year In Portland. We'll treat any single uncomplicated ailment for $10.00. UNDER ABSOLUTE GUARANTEE No Pay Unless Cured We make no misleading; state ments or false promises. We have no free trial treatments or scheme to trap the unwary. Our doctors are graduates of the lead ins; eollegres of America nnd are duly licensed in the State of Ore gon to cure diseases of men. Come to us in the strictest con fidence. We wili treat you hon estly and skillfully and will cure you' in less time than otiier doc tors take to experiment on you. All those who are discouraged or who have taken treatment from unskilled specialists we es pecially invite to call on us and avail themselves of the free examination. BLOOD POISON. SKIN DISEASES. SORES, U.tUBS. STHICTT RE, VAR ICOCELE, HYDROCELE, NERVOUS DECLINE. WEAKNESS, OONOK RHOEA, CHRONIC DISEASES OK THE KIDNEYS ASD PROSTATE WEAKNESS: There are functional disturbances that are existing in your condition that cause a waste of strength, loss of mental power, lack of concentration, !os3 of the vigor and strength that you once had; this disturbance brings you to a premature old aK?. debility and In many cases results In deformity, total loss of your mind and insanity. If you ennnot cull, write for symptom blanks. Hours 9 A. M. to 5 P. M.; Evening:. 7 to 8:SO; Sundays. It to 12. St. Louis "ST Dispensary CORNER SECOND AND YAMHILL STREETS, PORTLAND, OREGON.