CONFIDENCE means
PROSPERITY
In this land of wonderful resources, these two facts are inseparable. When CONFIDENCE prevails PROSPERITY is bound to follow, and, by
the very nature of things, this sequence cannot be reversed. i,n ,fli,tinn Uwpph
"Thould be of public interest to trace, in the statistics of the state's largest enterprises, the pubhc semce compames, the relation between
their prosperity and that of the community. Consider, for example, the P. R., E. & Sr. Co.
YSAR
f
SOB
V
Si
0
1
OS
1 1
92 1
s3 n
8
Pay ffol AH other Expend'ttvres-
Total Expenditures
- Since the beginning of 1908 the P. R., L. & P. Co. has expended for operation, betterments and all other purposes, an average of
$7,343,5 1 6 per Year
Nearly one-half of these great sums was sent to Oregon by Eastern investors.
Among the expenditures were vast purchases of materials from Oregon merchants, manufacturers and dealers, but let us pass them by and
look somewhat at the payroll. - i o r- o fi'JQ
Since the beginning of 1908 the sum total of the payroll of the P. R., L. & P. Co. has been ipXO, V AO,V i
WHAT DOES THIS MEAN TO THE COMMUNITY?
Careful studies by competent authorities have shown that the average wage-earner expends his wage thus: "
("Groceries .-.22)
....-Meats ....Wo ..... 49
Fuel j
For
Subsistence.
Clothing .. . . .. .. ... ... .. - - ; ; Jo
Rent
14 ''
Utility Service (carfare, electric light, water, gas, telephone) . . . .
All other purposes (pleasure, charity, health, travel, savings), . .:.
. 612' .
, 1012:
100
On the basis of these figures, the grocers, the butchers, the landlords and the clothiers received the following amounts through the medium
of the P. R., L. & P. Co. payroll: ooonno
Grocers .............. 2'X .
Butchers 2,975,000
Landlords 3,600,000
cb?S s:::::::. ... 2,520,000
Fuel Dealers , 720,000
How can such large disbursements for these vital phases of community activity and business be best continued and increased?
nr FFT T OW CITIZENS when they understand the FACTS, will always give absolutely the SQUARE DEAL. Our
nSSSSSairbS better understood and their vastness and potential wealth are becoming more
and more impressive.
The year of 1915 is expected to be one of enormous travel to the Pacific Coast.
official of the P. RJ. & P. Ca exerting every effort to fS &e toe investors the
wiVi fnr.d clearlv in mind, every
arE titers sssrss
Already there is splendid evidence of substantial appreciation by the people of the state.
The negative vote during the November election on measures whose effect was believed to be clearly detrimental to
the return of CONFIDENCE was very helpful indeed, although, to be sure, negative m character.
Xk em, fM,t rate increase allowed to the railroads by the Interstate Commerce Commission was another
A 11V Jl ' 0 ;
great help distinctly positive in character.
VTTQ?
Shall we have fKUroui i m ivioi
Let us all unite to increase CONFIDENCE, and Oregon will have one of the greatest and best years in its history.
"Studr of Economics"-Charles Jesse Bullock. Ph. D.
-Finanoinir the Wage Earner's iamlly Nearing-.
Annilal Reoort of V. S. Commissioner of Labor.
teort o? Boa7l of Trade of Great Britain (1911) on "Cost
of Living In American Towns.
PORTLAND RAILWAY, LIGHT & POWER COMPANY