The Columbia River: Its History, Its Myths, Its Scenery, Its CommerceLyman, William Denison
History
The Columbia River: Its History, Its Myths, Its Scenery, Its Commerce
Lyman, William Denison
Columbia River; Columbia River -- Description and travel; Columbia River -- History
The close of the Indian wars in 1859 saw a quite well-organised steamer
service between Portland and The Dalles, and the great rush into the upper
country was just beginning. The _Senorita_, the _Belle_, and the
_Multnomah_, under the management of Benjamin Stark, were on the run from
Portland to the Cascades. A rival steamer, the _Mountain Buck_, owned by
Ruckle and Olmstead, was on the same route. These steamers connected with
boats on the Cascades-Dalles section by means of portages five miles long
around the rapids. There was a portage on each side of the River. That on
the north side was operated by Bradford & Company, and their steamers
were the _Hassalo_ and the _Mary_. Ruckle and Olmstead owned the portage
on the south side of the River, and their steamer was the _Wasco_. Sharp
competition arose between the Bradford and Stark interests on one side and
Ruckle and Olmstead on the other. The Stark Company was known as the
Columbia River Navigation Company, and the rival was the Oregon
Transportation Company. J. C. Ainsworth now joined the Stark party with
the _Carrie Ladd_. So efficient did this reinforcement prove to be that
the Transportation Company proposed to them a combination. This was
effected in April, 1859, and the new organisation became known as the
Union Transportation Company. This was soon found to be too loose a
consolidation to accomplish the desired ends, and the parties interested
set about a new combination to embrace all the steamboat men from Celilo
to Astoria. The result was the formation of the Oregon Steam Navigation
Company, which came into legal existence on December 20, 1860. Its stock
in steamboats, sailboats, wharf-boats, and miscellaneous property was
stated at $172,500.
Such was the genesis of the "O. S. N. Co." In a valuable article by Irene
Lincoln Poppleton in the _Oregon Historical Quarterly_ for September,
1908, to which we here make acknowledgments, it is said that no assessment
was ever levied on the stock of this company, but that from the proceeds
of the business the management expended in gold nearly three million
dollars in developing their property, besides paying to the stockholders
in dividends over two million and a half dollars. Never perhaps was there
such a record of money-making on such a capitalisation.
The source of the enormous business of the Oregon Steam Navigation Company
was the rush into Idaho, Montana, and Eastern Oregon and Washington by the
miners, cowboys, speculators, and adventurers of the early sixties. The
up-river country, as described more at length in another chapter, wakened
suddenly from the lethargy of centuries, and the wilderness teemed with
life. That was the great steamboat age. Money flowed in streams. Fortunes
were made and lost in a day.
Public-domain text, read in full here on John Shaqi.
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