ANNUAL NUMBER SECTION ONE PAGES 1 TO 12 VOL. LIV. NO. 16,881. 9tn, -. '31 ' - k x x 0 V? J 1 1 :l JOTS k MTf. .- --"V -L' tV " PORTLAND, OREGON, FRIDAY, JANUARY 1, 1915. J J II , ' tt I, , I" I I ,1,.. ,' , - , l T Ttti'- 1 , fib mr a as 33 31 h 3 f 0 E'E' i: on. EE-a 331 in OTbk. SfSSrf II s ST d 55 fe PRICE FIVE CENTS. in;