East Oregonian : E.O. (Pendleton, OR) 1888-current, 1910-08-25

This city Is this afternoon entertain
Ing one of the largest parties Of CAPT.
talists, If not the largest, that ever
visited eastern Oregon. Foreign as
well as American. eastern as we'll as
western moneyed interests are repre-
sented and they are looking over
eastern oregon and Washington with
a view 10 increasing their holdings.
Fourteen prominent eastern bank
ers and financiers who are officers
or stockholders in the Pacific Power
& Light company and 16 officers and
stockholders of the Electric Bond &
Share company arrived this afternoon
on the delayed train from the East.
They were met here by a party Of
Portland bankers and business men
who came up from the metropolis
this morning. They will all leave to-
morrow morning at $50 by special
Northern Pacific train over the o. r.
& N. to Milton and Walla Walla.
Included in the party Of easterners
are: S. y. Mitchell president of the
Electric Bond & Share company and
chairman of the board OF the Pacific
Power & Light company; Marden J.
Perry chairman OF the board Of the
Electric Bond & Share company; H. p.
Wright president of the Wright In
vestment company Of Kansas City; r.
z. Breed president of the American
Gas & Electric company OF New
York; +. C. Walcott and A. M. Young,
New York bankers.
Those in the Portland party are c.
Hunt Lewis, Henry Teal. ]. c. Aims
worth, president of the United States
National Bank; c. F. Adams, presi-
dent of the Security Savings & Trust
company; Philip Buehner. timber
man; A. D. Charlton. assistant gen.
eral passenger agent of the Northern
nier.
The party was also Joined here by
H. C. Lucas of North Yakima and
Josiah Richards of Spokane.
The Pacific Power & Light COM
pany is the newly organized $780,
900 corporation of which Guy W
Talbot OF Portland is president and
which owns the Walla Walla Valley
Railway company and the gas and
electric plant here, the Portland Gas
& Coke company, the gas and elect
ric plants at Astoria. and numerous
other valuable properties in Oregon
Washington and Idaho.
Will Visit Milton Freewater.
Milton and Freewater and Walls
Walla and Pasco. Washington will be
visited tomorrow.
The train will lie at Pasco until Au-
gust 30, on which day the party viii
proceed to Pasco and Sunnyside, and
arrive at North Yakima in the after.
noon. August 81 will be spent iY
North yakima, the party leaving there
at p. m. At Wallula. an o. r.
N. special train will take up the Pull
man and private car equipment, and
en-route to Portland a stop will bt
made at The Dalles to inspect the
power plant there. A visit will also
be made to Hood River to show the
members of the party the fruit or
chards of the valley. The train viii
arrive in Portland on the evening Of
September 1. and the visitors will re-
main here several days, during which
time they will be shown as much OF
Portland and the surrounding countr,
as possible. A day will also be taker
up in inspecting the Pacific Power
Light company's holdings at Astoria
For Many IL is First Visit.
This will be their first visit to tn,
Pacific Northwest for all but two o.
three of the Eastern men, and the an
nounced purposes Of their trip Is t.
inspect the utility properties in which
they are Interested gain information
about the country served and lool
over the prospective extensions.
Paramount directors Of the Pacifi