Daily capital journal. (Salem, Oregon) 1903-1919, 1914-10-14
BOOTH ALLIED WITH
BIG CORPORATIONS

That the Booth-Kelly Lumber com
yany, in which R. A. Booth, republican
nominee for United States senator, is
a heavy stakeholder has in all prob
ability, a working agreement with the
great Weyerhaeuser trust for the pur'
pose Of exploiting timber lands in
southern Oregon, and that the Weyer-
haeuser people unquestionably own a
large proportion of the stock in the
Boo:h-Kelly Lumber company, is the
startling revelation made in govern
ment document issued by the depart
ment of commerce in its formal report
on the lumber industry Of the United
States.
We reprint below portion of the
government report:
"The Meyerhaeuser Timber Co. S pol
ley in western Oregon where it is not
a dominant holder, has been to retail
all its timbcrand instead Of selling
small accessible tracts as it has done in
/ Washington, In western Oregon the
company has made practically no addi-
i ton TO its holdings since its early pur-
chascs from the Northern Pacific. But
in Klamath and Lake counties its pol
icy has been rapidly to increase its
holdings by buying up lands from small
holders This fact may indicate pur.
pose on the part Of the WeyerhaCusers
and their associates to become domi.
n nant in the pine region Of south cen.
1 nal Oregon; for the Booth. Kelly Lum.
ber Co. (n which associates of Mr..
WeyaYhaeuser are stockholders) also
has grSrt timber holdings IN this ter
ritory. The likelihood Of such pur.
pose is enhanced by the fact that the
new Oregon Traqk Railway Controlled
jointly by the Northern Pacific ana
the Great Northern, ~ both of which
the Hill interests are important stock
holders) is pushing from the. Columbia
river mp the Descmtes valley To- tal
the country lying Immediately east Dt
the Cascades. II is apparently in this
connection that the holding previously
owned by Charles Altschul, trustee for
Lazard Frercs, was purchased in 1910
by the Oregon Il Western Colonization
Co., the president Of which is Watson
/ p Davidson, a director in one of the
Hill banks This holding, comprising
over 100000 acres OF the grant for the
| Willamette Valley Cascade Noun.
tain wagon road, stretches from Albany,
ON the willamette river, to the eastern
boundary of the state, West Of the
Cascades this wagon road grant con.
sists mainly Of heavily tlmhercd fi
lands and the eastern part, though
mostly nontimbcrod, has very ronsil.
cradle areas Of pine lands,
The Booth.Helly Lumber co. 5 hold.
ing IN western Oregon does not consist
solely Of lands granted for the military
road. II has been augmented by pur.
chase Of between 10000 and 10000
acres from the Oregon \ California
Railroad Co., part Of the federal grant
to the railroad Some 1900 or $4,000
lacres Of this land are still under con.
tract deeds not having passed Be.
sides military road land ana raihoad
land, the BoothKclly and Oregon Land
X 1--we stock companies have some 90,
600 acres, part of which, presumably.
was originally secured from the govern.
mont by individual cuuymcn nndcr the
timber and stone laws and the home.
stead laws
" 1t should be noted that large pro.
portion Of the stock OF the Booth Kelly
Lumber Go. is now owned hv indivj.
uals closely affiliated lin Other com.