Image provided by: University of Oregon Libraries; Eugene, OR
About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (Jan. 2, 1911)
NEW SALEM THE BAN lU-c?ption Itoom 411 t t t DR. E. E. DR. G. V. Ollice Honrs 9 to i 'I V. S. National Bauk Wdg. flale-iii, Oregon t - r - m44-HtHHmmmH4wtnH Salem Nursery Company I J . F. J. RUPERET, Pres. and Mgr. Growers of first-class, guaranteed nursery stock, lnclud- 1 Ing small fruits, shrubs, vines, roses, etc. f Our stock has given excellent satisfaction, and we cordially solicit the patronage of any me wishing the highest grade of stock at reasonable prices. Catalogue on application. Office No. 417, IT. 8. Xat'l Bank Bldg. Salem, Oregon 1 . 4 PHONES: OFFICE 848. RESIDENCE 437, C. O. BOYER PHYSICIAN AND SURGEON. I OFFICE: 51 1-512 U.S. NATL BANK BLDG. SALEM, OREGON. HMM4MttMtllHIHtltMMMttlM)tmfHimH4 UNITED STATES NATIpNAL BANK, OF SALEM, OREGON. While there are many evideuce3 f the reigning spirit of loyalty In the citizenship of the city of Salem, .and the enduring efforts put forth on their part In laboring for a Great er Salem, none stands forth so prominently or so Imposingly im pressive as the splendid new steel frame, fire proof, modern five story torn? of the United States National Bank, of Salem ane of the finest A Stirring How Two Young Men Principal Actor By Wm. P. Strandborg, special writer This is a little story about success. It is more than that. It is the story of a young man who had the stuff in him that turned what ordinarily would have been crass failure into brilliant success. Such are the stories that most of us like to read about for the purpose of Inspiration. There has always been a certain amount of the spirit of "splt-on-your-hands-and-go-to-work" for those who f Ik t - Llhl : P. O. LAVEY " President and Gerteral Manager P. C. Larey & Company. have read bow Hannibal found the Alps blocking his way. He forced a breach through the eternal hills and used nothlngU vinegar. But he there. Alexander the Great was opposed at every step that finally placed him in the position of being the most powerful figure of his times. But he got there. Elbert Hubbard (Fra Elbertus) has given American youth a wonder fully appealing inspiration in his lit tle brochure. "The Message to Garcia." Lieutenant Rowan 'was given the message and he was told to deliver it to the Cuban general. He didn't question why. lit he got "Pottinp. There" seems to be about, hadn't had lusty enemies. I'm ln all there is lorth wh?! in this mod- clined to think that Lavey. today ,n fnnfh anTnnll strueele would have been an ordinary sort of r Inill to fill about "Pat"' a hum-drum real estate man making Lave ffl lUtle'whilffor he'l. his stipend a month, but nothing about the best exponent of quick, more. sure and substantial "Get There" j He simply had to have., like every that I know anything about. I am other young man thatr is worth a calling him "Pat" because he Is Just whoop in Jericho, some good live en that sore of a chap. If you are dcring emies and some powerful opposition. business with his firm, you are deal-j Ing with the P. C. Lavey & Company,' InK with the P. C. Lavey & company, but you get to Know mm ana YEARS 1911 GREATER SALEM AND WESTERN OREGON DEVELOPMFNT EDITION FISHER ELLIS 12; 1:80 to 3. i banking houses in the state and in dicative of the strength and progres I'slveness of this financial institution. Outside of public buildings, this la Salem's first really modern business structure, It having been planned along most modern lines and pro vided with every convenience of the bBt buildings of the larger cities of the country. That the modern equipment of this building was appreciated, is evi denced by the fact that all of the fine offices in the four upper stories Battle For Made Good Against Great Odds, One, the in This Drama of Business, Got His Start in Vancouver Portland Evening Telegram, written for The Columbian.) right of way agent for Southern Pa know what he has accomplished, you mer" when "Pat" was trying to clnc R' R-'a 8erles o town slte n feel like sticking out your hand and negotiate the loan of a few thousand tne.new malnl,ne ' too Southern saying, "Put here there, Pat, I'm dollars on good security. He told me Pac,flc that Presented unrivalled op glad to know you." 1 a year ago with tears In his eyes and Prtunlties for the modest investor "Pat" came out here from the fire in his eye that one crowd went and home-seeker. They formed corn Middle West a while back and he even so far as to threaten to transfer panles for he townsltes of Mount began to stir up some of the dry its account if a certain man endorsed ,,rebrn and Morris, California and bones. He was kind of bitter at first his paper. It was pretty tough for Worden and Klamath Falls, Oregon, because he felt that the "Big Fel- him, for at that time, he had a Jne.y started ,n wltn a couple of ..w- ..uo ij,a i-c- i" as he likes to call them, have r "hammer" out for the young lows their chap. He was given to understand that there wasn't much of a chance of opportunity for the "Young Up- start." He let the thing rankle in' his bosom for a while but just about a year ago, "Pat" Lavey let his Irish get the best of him, or rather, he let it bring the best there was In him out of him, and he said "Come on, you fellows, I'll show you. I'll match my steel with yours." And, so this little story is to be about this young "Upstart," who, in a year, started out at the bottom of the ladder with nothing for capital but a goodly healthy body, tremendous en ergy, unflinching ambition and an in domitable spirit, and yet be stands today among his fellow men with an'caillne about for the hern-. nlr tn almost unlimited credit and with a cool quarter of a million dollars of assets. How many men in this part, of the country can you pick out that; can lay ciaim 10 sucn results or their own energized pluck, push and in- tegrity in one single twelve months? I have already stated something an honest and industrious young man i about the narrow hair-breath that down divides failure from success. Lavey, He brought another vigorous had no encouragement wnen ne formed his magnificent determination to shoulder his way through to sue- cess against all the odds that might be imposed against him. Almost any ma" tV Here he was an utter stranger in a large city where there were hun dreds of competitors engaged in the same line of business. Lavey, fortu nately I say, acquired some bitter en emies. They proved to be Just the sort of fuel that would separate the dross and the gold In the crucible. "Pat" didn't particularly court en mity, but he was and he is today, friends, one of the greatest and most unrelenting business fighters of , a fighting race I ever knew. That's whv he erew fat on opposition. If 1 to rllS DUBiness nvain carueu ujauna to great lengms. uc; leaumg uau auu u "-" . 4 KING CE 11 fjilfllD . Li hi THE UNITED STATES NATIONAL BANK BUILDING, A MODERN are fully occupied by Salem's most' progressive professional Individuals' and firms. i The ground floor is utilized by the . United States National Bank, and in the furnishing of the banking room nothing seems to have 1een over 1 looked which would appeal to the sense of the beautiful, expedite busl-; ' ness or Insure to the comfort or . convenience of the patrons of the I bank the substantial Italian marble counters, bronze grill work and ma hogany fittings showing that the idea of permarcy was also an ele ment taken Into consideration. The Business mm, iui ttu mill, iime, ue naa a wagon-load of debtl hanging over hlra something like $6000. That didn't scare him. It helued to make him. Because Lavey has proven that he will pay his debts. He had what we like to call manly pluck. He refused to quit. His ten- acious nerve never wavered and in a little while he began to be heard from. Aside from his buoyancy of spirit and "never-say-die" persistency, he worked on the theory that the for tunes of tomorrow were to be made out of the foresight of today by bringing together the "landless man, .and the manless land." He soon re-! moved himself from the early fin ancial embarrassment and organized tho P P 1 .avav A Cr Dnri HAran bring the vacant land and the prod-1 active tennant together. That was' less than a year bko. "Pat" took his coat off and went to work and day.' and night for months, he worked and tolled to show the envious and carping rivals thaUthey couldn't keeD young Irishman I was going to say. another chip of the old block out from Wisconsin, Casey, Augustus P. A A. I). REID n,iu-u wu wm- auuuw 1 n,, ''VXij;',.. " NTER OF THE W1LLAME . ; .( ;C jf r, N- is?s i ' ..I u.i- M (i t . f . ' . . i J ' r - t Li ii: J t .... I. combined result Is all that could possibly be desired both from an artistic and economic stand point, and visitors to the Capital City are at once most favorably impressed when this fine structure and its artistic furnishings attracts th(e4r at tention. Not only in the erection of this im posing edifice has the influence of the officers anl directors of the United States National Bank for civic betterment beftin strongly felt, but in all that has entered into the upbuilding and development of Salem and the surrounding territory, both Casey, to help hew fortune out of the boundless west. Casey had been a school teacher, an exponent of read in', 'ritln' and 'rithmetic. But with a brain that worked -and an honest ambition to succeed Lavey said "Casey, these three Rs are all right, but you and I have got three bigger and better Ks out here. "What are they?" asked Casey. "Realty, Realty, Realty," replied Lavey. And so the two young Irish men went at it. Irish fashion, they struck hands." They seemed gifted with prescience for they acquired with the help of Major and Wm. Worden. the latter . , . r . desks way up on the t0D fIoor of tne Lumberman's Building and in a small . P. CAEY O. ' Lavey & Company Secretary P. room. But it wasn't long before they had gathered around them a group of more than 20 young men and these fellows went to work with the same spirit that imbued Lavey and Casey. The offices had to be moved, and the company soon had large roomy quar ters on the main floor of the Lumber man's Building and was doing a business that put the former "knock ers" to shame. Lavey did something which I don't think any other real estate operator In the country has had the ner.ve to do. And, it shows -the nature, the brains and sharp business acumen of the man, and' his faith in the-public. He put up in cold cash one thous and dollars and I saw the money to prove that he was a liar. Not that exactly, Uut be gave the publtc; an opportunity to rrove he was a liar if he had told them an, untruth. The splendid and convincing methods which Lavey and Casey had adopted In their business dealings had borne fruit more lavishly Jhan they had ever dreamed of- They had Jsold in a few weeks, lots and acreage in their holdings to hundreds of peo ple irom an part or the Northwest. Ana none or tne purchasers bad more iuau rat L,avey a wora lor wuat X !, '"7 ' - iniMiirir mi FIREPROOF STRUCTURE as an institution and as individuals they have been liberal contributors. Through their unexcelled facili ties, their efficient courteous staff of assistants, and the rendering of a truly personal service they have at tained the highest possible success the growth of the bank being truly phenomenal deposits having In creased in six years from the sum of $27,156.14 to over . $800,000.00 a showing which any banking institu tion would have just cause for pride. It also is an evidence of the strong position occupied by its officers and directors In the' community, their they were getting. Not a single one had ever seen the property vhich he had bought. "Casey," said "Pat," one morning, "Let's show all these people that are putting faith In us that they r re get- ting a square deal and let them see it with their own eyes. "All right," says Casey, "I'm in and his company and who bought favor of that right now.V lots or acreage. And, what hap- "Just let them go down there to pened? Mount Hebron, Dorrls and Worden,' At every ono of the townsltes in and put their own foot on the land which the P. C. Lavey company was they have bought. That's wliat we interested we were met by bands and want to do. Let's make this crowd ' reception committees comprised of our personal -friends as well as our' the leading business men and cltl business partners." So the 'bargain zens. We were dined and feasted was struok. Lavey sent his agents out to the various cities where the property had been sold and requested that they select reliable representatives to visit the property at the expense of the Lavey company and if they reported that Lavey had In any way misrepre sented things to the purchasers he would forfeit oue thousand dollars In gold, refund the money they had paid In, and close his doors. That was just an example of the business methods of P. C. Lavey, The purchasers selected their dele gates and the party was made up consisting of C lonel E. Hofer, editor and proprietor of the Salem Capital Journal; C. E. Fox, merchant, of Albany, Ore.; T. R. Shockley, busi ness man of Silverton, Ore.; W. W. Aldredge, business man of Oregon City, Ore.; W. J. Byrne, business man of Portland, Ore.; George Sal tan, newspaperman of Salem, Ore.; P. C. Lavey of P- C. Lavey & Co., and the writer. A more thorough and faithful In vestigation could not have bean made than that which was conducted by the men selected. Every foot of land which Pat" Lavey & Company had put on the market and which had been sold to the people of the northwest was Inspected. We saw where unmeasured vistas of land whose rich fertility of soil Js almost beyond conception were being pre pared for reclamation. We saw, where the great Harrlman system' was blazing its way into an empire of untold wealth of lumber, of agri culture, of livestock and manifold Industrleafo which each man, ac cording to his own bent might direct his energies. We saw where po tential energy running into the hun dreds of thousands of horse-power lay untouched In the: unharnessed streams of that fairyland of promise. We drove through miles of valley where the land had already been placed under cultivation, and ob served with what small labor men were able to wrest an easy livelihood out of the soil. .si We saw' how little towns were springing up here and there under the witchery of railroad building and impetus of the rich productivity! of the soil. Everywhere we went we! were met by happy and thrifty peo-J pie.. - Every man was satisfied . with his lot; he. was optimistic. He had already been successful In his ef forts to gain a competence and ho looked ahead to see more wealth pour Into his coffers as the country was developed. And tho country Is developing today faster than any other part of Oregon. The people there gave the strong est testimony for P. C. Lavey. They were the ones who. If anybody could might give his me'hods and his oper-j DAILY CAPITAL JOURNAL I iH ViLLiI DEUBT Derby & Willson Real Estate and Insurance Brokers Stock Grain and Fruit Lands. City Property a Specialty.' Rooms 206-7-8 U." S. Building. Phone 320. t Kooms 41 to 415. Capital City Nursery Company Fruit, Ornamental, Fruit and Shrubs U. S. National Bank Bldg. Sulem, Oregoa - I I ADELAIDE HARDIN X Chiropodist, Manicuring, Scalp T Treatment, Shampooing, Hair- T dressing and Facial Treatment f of All Kinds. X Bake Oven Baths, Salt Glows, I French Oils and Electric Rubs. Room 301 U. S. Bank Bldg. HALUAl, UKEUOS names being sufficient guarantee of that absolute integrity and upright honor demanded by people entrust ing funds to the care of institutions of this character. . The last published statement of the United States National Bank, of Salem, as made to the comptroller of the currency, showed a capital stock of $100,000 and total resources of $954,637.62. It has a surplus and profits fund of $40,144.14, a circula tion of $25,000 and is, in every respect, one of the strongest financial institutions of our city. ' The officers of the bank are: J. P. ations a "black eye," for they were there on the ground and know just what there was there. The dele gated Investigators of the party made keen inquiries about every conceivable point that might have a bearing on the value of the holdings of those who had trusted in Lavey like the lords of creation. We were given, as it were, the freedom of the city. We were taken for drives through all the neighboring territory and in, all that entire week that this critical crowd was making its ln - spectlon not one word of criticism, not one syllable of adverse comment, not a breath of 111 report was heard about the goods that "Pat" Lavey was delivering to his multitude of customers. Where we might reason ably have expected a howling wilder ness awaiting the brain and brawn of man to give it the touch of civilization we found thriving com munities. We found substantial business centers with rapidly grow ing residence sections surrounding them, We found an up-to-date rail road cutting its way right through the very heart of the rich and beautiful valley. We found thrift and culture, enterprise and civiliza tion, business and commercial activi ty. And Lavey's advertisements had said nothing about these towns being there then. It was all a wonderful empire Into which "Pat" Lavey wbb bringing his people. As we stood one bright afternoon in the glowing sunlight at the head of the great Klamath basin and let our eye traverse the un limited expanse that sunk its hori zon Into the distant haze of coming twilight we could not help but feel that here, Indeed, was a promised land, a region of plenty, a country that even then was a poor man's paradise and a future empire that would be the abiding place of thous. ands of contented people, where there was room for ail and wnere the merest effort along the lines of safe husbandry would bear rich s 1 V J. K. WHICItltV Assistant Secretary V. C. Lavey & Co, in ir a 1 1 imr J. W. WILLSOX I Salem, Oregon f FWWatersl Real Estate T GROUND FLOOR Rogers, president; G. W. Eyre, vlc president; S. G. Sargent, vice presi dent; E. W, Hazard, cashier and D. W. Eyre assistant cashier. Salem has just cause to feel proud of the United States National Bank and the enterprise and progqeeslveness of Its officers; and there is no question of the Influence this institution will exert in the future on the general progress and prosperity of this city and surrounding country. New comers to Salem and Marlon county are made particularly welcome and ane made to at once feel "at home" in every sense of the word. fruit, where youth In all its vigor and fulness of hope could find plen teous recompense for honest toil and where all who sought a home could be assured of a steady competence. "Pat" Lavey had made good. The Lavey methods are unusual. If they were not so, he would not be able today to stand forth as a living militant example of the bright, ener getic young man who has won suc cess. -He would not now be able to rank himself among those who have broken no opposition and kept his gaze steadfastly on a single purpose, that of making good and delivering the goods to the hundreds and thous ands of people who have had faith in htm and have entrusted their earn ings to his keeping. The youth who is Just starting out in life wondering In which direction ihe may turn his ambition and energy can certainly find healthy Inspira tion In the success that "Pat" Lavey has achieved, success that has been achieved quickly and in apparent contradiction to all the commonly accepted business notions. Lavey has since his arrival in Portland al ways held out the helping hand to tho man wh would do the true and right thing to carve out his fortune. A better friend than "Pat" Lavey no man ever possessed, he Is true to the core. Where he has ; had a busy horde of "knockers," he' has never wielded the "hammer" himself. His philosophy which he expresses In and out of season Is that the world and its real work is big enough for us all. Live and let live, is a motto he cherishes and I believe will fight for to the end of his days. If what is set down here seems to smack of the eulogistic, let everyone take note that I know the man, and, knowing the man, I can say that "Pat" Lavey Is entitled to the whole some respect of bis followmen be cause he has been engaged for some little time in the honorable business of uplifting others and he has been able to do It while obstacles that would baffle the less aggressive man have been plied In his way and which he him shown keen delight in surmounting. If the world loves a man who is willing to touch steel with any ob stacle tlint bars bis path to success, then "Pat" Lavey has a place In this big world's business and he will blaze the way to financial success for hundreds of less courageous men. WADE, TEARCE S CO. An issue of this kind, forming as It does a catalogue of the business enterprises of Salem, would be In complete without mention of this old and well known concern. It is the oldest business house in the city with the exception of one hanking house and one newspaper publishing house. It has been In continuous buttlncss In Salem for more than forty-five years, and has been under its present man agement for nearly forty years. This company carries tho largest line of hardware, stoves, mechanics' tools and supplies, wagons, carriages and farming machinery In Western Ore gon outside of P:rtlnnd, and enjoys a largo and Increasing trade. Its name Is synonomous with high quality merchandise and fair dealing. Its place of business Is at the corner of Commercial and Court streets. W bespeak for It the confidence rfnd. patronage of the community. 0