Beaverton is a city in Washington County, in the U. S. state of Oregon. The city center is 7 miles west of downtown Portland in the Tualatin River Valley; as of the 2010 census, the population is 89,803. This makes it the second-largest city in Oregon's sixth-largest city. Fire protection are provided through Tualatin Valley Fire and Rescue, EMS services are provided by Metro West AmbulanceIn 2010, Beaverton was named by Money magazine as one of the 100 "best places to live", among smaller cities in the country. Along with Hillsboro, Beaverton is one of the economic centers for Washington County, home to numerous corporations in a variety of industries such as Nike. According to Oregon Geographic Names, Beaverton's name is derived from the settlement's proximity to a large body of water resulting from beaver dams; the area of Tualatin Valley that became Beaverton was the home of a Native American tribe known as the Atfalati, which settlers mispronounced as Tualatin. The Atfalati population dwindled in the latter part of the 18th century, the prosperous tribe was no longer dominant in the area by the 19th century when settlers arrived.
The natives had a village called Chakeipi, meaning Place of the Beaver, early settlers referred to it as "Beaverdam". Early settlers include the Hall Family from Kentucky, the Denneys who lived on their claim near present-day Scholls Ferry Road and Hall Blvd, Orin S. Allen, from western New York. Lawrence Hall purchased 640 acres in Beaverdam in 1847 and built a grist mill with his brother near present-day Walker Road, his was the first land claim in the area. He was soon followed by Thomas Denney in 1848, who built its first sawmill. In 1860, a toll plank road from Portland to Beaverton was completed over a trail called Canyon Road. After the American Civil War, numerous other settlers, including Joshua Welch, George Betts, Charles Angel, W. P. Watson, John Henry, laid out what is now known as Beaverton hoping they could bring a railroad to an area once described as, "mostly swamps & marshes connected by beaver dams to create what looked like a huge lake." In 1872, Beaverton's first post office opened in a general store operated by Betts, who served as the first postmaster of the community.
Betts Street, where the current post office now stands, is named in honor of him. In 1893, which by that time had a population of 400, was incorporated. Alonzo Cady, a local businessman, served as the first mayor. Many major roads in Beaverton are named for these early settlers. Beaverton was an early home to automobile dealerships. A Ford Motor Company dealership was established there in 1915. There are still several dealerships near the intersection of Canyon Roads. In the early 1920s, Beaverton was home to Premium Picture Productions, a movie studio which produced about fifteen films; the studio site was converted into Watt's Field and associated aircraft manufacturing facilities. A second Beaverton airport, Bernard's Airport, was developed farther north, at the present location of the Cedar Hills Crossing mall; the town's first library opened in 1925. On the second floor of the Cady building, it has moved repeatedly. A branch location was opened for the first time in June 2010, when the Murray-Scholls location opened near the Murrayhill neighborhood.
The Beaverton libraries and 15 other local libraries participate in the Washington County Cooperative Library Services. In the 1940s, Tualatin Valley Stages, a division of Portland Stages, Inc. provided limited bus transit service connecting the city with downtown Portland, operating as a separate company, Tualatin Valley Buses, Inc. through the 1960s. This was one of four owned bus companies serving the Portland metropolitan area which became collectively known as the "Blue Bus" lines. All four companies were replaced in 1970 by TriMet, a then-new regional transit authority, which expanded bus service to cover more areas of Beaverton. In the late 1970s, a light rail system was proposed to connect Beaverton to downtown Portland, as part of Metro's plans for the region's transportation. In 1990, voters approved funding for Westside MAX. Construction of the line began in 1993 and was completed in 1998. Six stations are located within the city of Beaverton: Elmonica/SW 170th Avenue, Merlo Road/SW 158th, Beaverton Creek, Millikan Way, Beaverton Central, the Beaverton Transit Center.
All but the last of these are located along right-of-way owned by Burlington Northern Railroad and by the Oregon Electric Railway, which provided interurban service through Beaverton until 1933. The present-day light rail service is operated by TriMet, which continues to operate several bus routes serving Beaverton and the surrounding communities. Since early 2009, Beaverton has been served by commuter rail service, TriMet's Westside Express Service, running south to Wilsonville via Tigard and Tualatin. In December 2004, the city and Washington County announced an "interim plan" which would lead to Beaverton becoming the second-largest city in Oregon, second only to Portland; the "interim" plan covered a period of more than ten years. The city of Beaverton attempted to annex certain businesses, including Nike, which responded with a legal and lobbying effort to resist the annexation; the lobbying effort succeeded with the Oregon Legislative Assembly enacting Sena
U. S. Bancorp is an American bank holding company based in Minneapolis and incorporated in Delaware, it is the parent company of US Bank National Association, known as US Bank, ranked 7th on the list of largest banks in the United States. The company provides banking, mortgage and payment services products to individuals, governmental entities, other financial institutions, it has 3,106 branches and 4,842 ATMs in the Midwestern United States, has 72,400 employees. The company owns Elavon, a processor of credit card transactions. U. S. Bancorp operates under the second-oldest continuous national charter Charter #24, granted in 1863 following the passage of the National Bank Act. Earlier charters have expired as banks were closed or acquired, raising U. S. Bank's charter number from #24 to #2; the oldest national charter granted to the First National Bank of Philadelphia, is held by Wells Fargo, which it obtained upon its merger with Wachovia. The U. S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891.
It changed its name to the United States National Bank of Oregon in 1964. In 1902, it merged with Ainsworth National Bank of Portland, but kept the U. S. National Bank name; the central part of the franchise dates from 1864, with the formation of First National Bank of Minneapolis. In 1929, that bank merged with First National Bank of St. Paul and several smaller Upper Midwest banks to form the First Bank Stock Corporation, which changed its name to First Bank System in 1968. In the eastern part of the franchise and Millers Bank in Milwaukee opened its doors in 1853, growing into the First National Bank of Milwaukee and becoming First Wisconsin and Firstar Corporation. In Cincinnati, First National Bank of Cincinnati opened for business in 1863 under National Charter #24—the charter that U. S. Bancorp still operates under today, one of the oldest active national bank charters in the nation. Despite having started up in the midst of the Civil War, First National Bank of Cincinnati went on to survive many decades to grow into Star Bank.
U. S. Bancorp of Oregon became a banking holding company for the U. S. National Bank of Oregon in January 1969 after receiving authorization from its bank directors on September 9, 1968 and subsequently receiving legal approval to proceed from the Comptroller of the Currency on November 28, 1968. LeRoy B. Staver and chief executive officer of the bank, was appointed chairman and chief executive officer for the new holding company while Robert B. Wilson was appointed president of the holding company and executive vice president for the bank. Wilson resign as president in December 1972 and his position was filled eight months by John A. Elorriaga. After a long period of service, Staver retired in October 1974 and was succeeded by John Elorriaga, promoted to chairman and chief executive officer while Carl May was named president in Elorriaga's place. A major change in the organization of leadership in U. S. Bancorp of Oregon occurred in August 1983. Although Elorriaga remained as chairman and chief executive officer for the firm, May was appointed to the new position of executive assistant to the chairman while Edmund P. Jensen was appointed president as replacement to May, Roger L. Breezley was appointed to the new post of chief operating officer.
In December 1986, U. S. Bancorp of Oregon announced the pending acquisition of the Forest Grove, Oregon-based Valley National Corporation with its five-branch Valley National Bank of Forest Grove subsidiary for $13.7 million in stock. U. S. Bancorp of Oregon made its first acquisition outside the state of Oregon by announcing in December 1986 the pending acquisition of the Spokane, Washington-based Old National Bancorp with its Old National Bank of Washington and First National Bank of Spokane subsidiaries for $174 million; the acquisition was completed in July 1987 on the first day that the state of Washington had allowed bank acquisitions by out-of-state companies. In December 1986, U. S. Bancorp of Oregon announced the pending acquisition of the Camas, Washington-based Heritage Bank for $2.8 million. In May 1987, U. S. Bancorp of Oregon announced the pending acquisition of the Seattle, Washington-based Peoples Bancorp with its Peoples National Bank subsidiary for $275 million in stock; the acquisition was completed in December 1987.
After the acquisition and Old National were combined to form U. S. Bank of Washington. John Elorriaga retired as chairman of the board and chief executive officer in November 1987 and was replaced by Roger L. Breezley while Jensen continues as president. In December 1987, U. S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Mt Baker Bank for $25 million. U. S. Bancorp of Oregon entered the state of California by announcing in April 1988 the pending acquisition of the Eureka, California-based Bank of Loleta with seven branch offices in Humboldt and Del Norte counties for $15.3 million in cash. The acquisition was completed in December 1988 and was renamed U. S. Bank of California. In April 1988, U. S. Bancorp of Oregon announced the pending acquisition of the Bellingham, Washington-based Northwestern Commercial Bank for $15.5 million. The acquisition was completed in November 1988. In July 1988, U. S. Bancorp of Oregon announced the pending acquisition of the Auburn, Washington-based Western Independent Bancshares with its Auburn Valley Bank subsidiary for $4.25 million in cash.
In October 1989, U. S. Bancorp of Oregon announced the pending acquisition of the Sacramento, California-ba
Central Bank Counterfeit Deterrence Group
The mission of the Central Bank Counterfeit Deterrence Group is to investigate emerging threats to the security of banknotes and to propose solutions for implementation by issuing authorities. The CBCDG is a working group of 27 central banks and note printing authorities, is chaired by Thomas Jordan, the chairman of the Swiss National Bank; the CBCDG maintains a web site designed to advise the public about national laws related to the reproduction of banknotes. In 2004, CBCDG announced the development of a "Counterfeit Deterrence System" incorporating a technical means for the detection of banknotes; this system was developed by the U. S.-based watermark technology company Digimarc. Adobe Systems was subsequently the subject of controversy in when it was revealed that the firm had voluntarily adopted the CDS in Adobe Photoshop, preventing Photoshop from processing some images of currency. Jasc and Adobe stated that they had implemented CDS; some artists and professional graphic designers suggested that the CDS would make it more difficult for them to use Photoshop to produce images that used currency in lawful ways.
Steven J. Murdoch has begun a technical investigation of. EURion constellation CBCDG official site Photoshop and CDS at Adobe website Example of bypassing CDS European Central Bank information on obtaining high-resolution banknote images
Blu-ray or Blu-ray Disc is a digital optical disc data storage format. It was designed to supersede the DVD format, is capable of storing several hours of video in high-definition and ultra high-definition resolution; the main application of Blu-ray is as a medium for video material such as feature films and for the physical distribution of video games for the PlayStation 3, PlayStation 4, Xbox One. The name "Blu-ray" refers to the blue laser used to read the disc, which allows information to be stored at a greater density than is possible with the longer-wavelength red laser used for DVDs; the plastic disc is 120 millimetres in diameter and 1.2 millimetres thick, the same size as DVDs and CDs. Conventional or pre-BD-XL Blu-ray discs contain 25 GB per layer, with dual-layer discs being the industry standard for feature-length video discs. Triple-layer discs and quadruple-layer discs are available for BD-XL re-writer drives. High-definition video may be stored on Blu-ray discs with up to 2160p resolution and at up to 60 frames per second.
DVD-Video discs were limited to a maximum resolution of 576p. Besides these hardware specifications, Blu-ray is associated with a set of multimedia formats; the BD format was developed by the Blu-ray Disc Association, a group representing makers of consumer electronics, computer hardware, motion pictures. Sony unveiled the first Blu-ray disc prototypes in October 2000, the first prototype player was released in April 2003 in Japan. Afterwards, it continued to be developed until its official release on June 20, 2006, beginning the high-definition optical disc format war, where Blu-ray Disc competed with the HD DVD format. Toshiba, the main company supporting HD DVD, conceded in February 2008, released its own Blu-ray Disc player in late 2009. According to Media Research, high-definition software sales in the United States were slower in the first two years than DVD software sales. Blu-ray faces competition from the continued sale of DVDs. Notably, as of January 2016, 44% of U. S. broadband. The information density of the DVD format was limited by the wavelength of the laser diodes used.
Following protracted development, blue laser diodes operating at 405 nanometers became available on a production basis, allowing for development of a more-dense storage format that could hold higher-definition media. Sony started two projects in collaboration with Panasonic, TDK, applying the new diodes: UDO, DVR Blue, a format of rewritable discs that would become Blu-ray Disc; the core technologies of the formats are similar. The first DVR Blue prototypes were unveiled at the CEATEC exhibition in October 2000 by Sony. A trademark for the "Blue Disc" logo was filed February 9, 2001. On February 19, 2002, the project was announced as Blu-ray Disc, Blu-ray Disc Founders was founded by the nine initial members; the first consumer device arrived in stores on April 10, 2003: the Sony BDZ-S77, a US$3,800 BD-RE recorder, made available only in Japan. But there was no standard for prerecorded video, no movies were released for this player. Hollywood studios insisted that players be equipped with digital rights management before they would release movies for the new format, they wanted a new DRM system that would be more secure than the failed Content Scramble System used on DVDs.
On October 4, 2004, the name "Blu-ray Disc Founders" was changed to the Blu-ray Disc Association, 20th Century Fox joined the BDA's Board of Directors. The Blu-ray Disc physical specifications were completed in 2004. In January 2005, TDK announced that they had now developed an ultra-hard yet thin polymer coating for Blu-ray discs. Cartridges used for scratch protection, were no longer necessary and were scrapped; the BD-ROM specifications were finalized in early 2006. AACS LA, a consortium founded in 2004, had been developing the DRM platform that could be used to securely distribute movies to consumers. However, the final AACS standard was delayed, delayed again when an important member of the Blu-ray Disc group voiced concerns. At the request of the initial hardware manufacturers, including Toshiba and Samsung, an interim standard was published that did not include some features, such as managed copy; the first BD-ROM players were shipped in mid-June 2006, though HD DVD players beat them to market by a few months.
The first Blu-ray Disc titles were released on June 20, 2006: 50 First Dates, The Fifth Element, House of Flying Daggers, Underworld: Evolution, xXx, MGM's The Terminator. The earliest releases used the same method used on standard DVDs; the first releases using the newer VC-1 and AVC formats were introduced in September 2006. The first movies using 50 GB dual-layer discs were introduced in October 2006; the first audio-only albums were released in May 2008. The first mass-market Blu-ray Disc rewritable drive for the PC was the BWU-100A, released by Sony on July 18, 2006, it recorded both single and dual-layer BD-Rs as well as BD-REs and had a suggested retail price of US $699. As of June 2008, more than 2,500 Blu-ray Disc titles were available in Australia
Forbes is an American business magazine. Published bi-weekly, it features original articles on finance, industry and marketing topics. Forbes reports on related subjects such as technology, science and law, its headquarters is located in New Jersey. Primary competitors in the national business magazine category include Fortune and Bloomberg Businessweek; the magazine is well known for its lists and rankings, including of the richest Americans, of the world's top companies, The World's Billionaires. The motto of Forbes magazine is "The Capitalist Tool", its chair and editor-in-chief is Steve Forbes, its CEO is Mike Federle. It was sold to Integrated Whale Media Investments. B. C. Forbes, a financial columnist for the Hearst papers, his partner Walter Drey, the general manager of the Magazine of Wall Street, founded Forbes magazine on September 15, 1917. Forbes provided the money and the name and Drey provided the publishing expertise; the original name of the magazine was Forbes: Devoted to Doings.
Drey became vice-president of the B. C. Forbes Publishing Company, while B. C. Forbes became editor-in-chief, a post he held until his death in 1954. B. C. Forbes was assisted in his years by his two eldest sons, Bruce Charles Forbes and Malcolm Stevenson Forbes. Bruce Forbes took over on his father's death, his strengths lay in streamlining operations and developing marketing. During his tenure, 1954–1964, the magazine's circulation nearly doubled. On Bruce's death, his brother Malcolm Stevenson "Steve" Forbes Jr. became President and Chief executive of Forbes and Editor-in-Chief of Forbes magazine. Between 1961 and 1999 the magazine was edited by James Michaels. In 1993, under Michaels, Forbes was a finalist for the National Magazine Award. In 2006, an investment group Elevation Partners that includes rock star Bono bought a minority interest in the company with a reorganization, through a new company, Forbes Media LLC, in which Forbes Magazine and Forbes.com, along with other media properties, is now a part.
A 2009 New York Times report said: "40 percent of the enterprise was sold... for a reported $300 million, setting the value of the enterprise at $750 million". Three years Mark M. Edmiston of AdMedia Partners observed, "It's not worth half of that now", it was revealed that the price had been US$264 million. In January 2010, Forbes reached an agreement to sell its headquarters building Fifth Avenue in Manhattan to New York University; the company's headquarters subsequently moved to the Newport section of downtown Jersey City, New Jersey, in 2014. In November 2013, Forbes Media, which publishes Forbes magazine, was put up for sale; this was encouraged by minority shareholders Elevation Partners. Sale documents prepared by Deutsche Bank revealed that the publisher's 2012 EBITDA was US$15 million. Forbes sought a price of US$400 million. In July 2014, the Forbes family bought out Elevation and sold a 51 per cent majority of the company to Integrated Whale Media Investments. Apart from Forbes and its lifestyle supplement, Forbes Life, other titles include Forbes Asia and fifteen local language editions.
Steve Forbes and his magazine's writers offer investment advice on the weekly Fox TV show Forbes on Fox and on Forbes on Radio. Other company groups include Forbes Conference Group, Forbes Investment Advisory Group and Forbes Custom Media. From the 2009 Times report: "Steve Forbes returned from opening up a Forbes magazine in India, bringing the number of foreign editions to 10." In addition, that year the company began publishing ForbesWoman, a quarterly magazine published by Steve Forbes's daughter, Moira Forbes, with a companion Web site. The company published American Legacy magazine as a joint venture, although that magazine separated from Forbes on May 14, 2007; the company formerly published American Heritage and Invention & Technology magazines. After failing to find a buyer, Forbes suspended publication of these two magazines as of May 17, 2007. Both magazines were purchased by the American Heritage Publishing Company and resumed publication as of the spring of 2008. Forbes has published the Forbes Travel Guide since 2009.
On January 6, 2014, Forbes magazine announced that, in partnership with app creator Maz, it was launching a social networking app called "Stream". Stream allows Forbes readers to save and share visual content with other readers and discover content from Forbes magazine and Forbes.com within the app. Forbes.com is part of Forbes Digital, a division of Forbes Media LLC. Forbes's holdings include a portion of RealClearPolitics. Together these sites reach more than 27 million unique visitors each month. Forbes.com employs the slogan "Home Page for the World's Business Leaders" and claimed, in 2006, to be the world's most visited business web site. The 2009 Times report said that, while "one of the top five financial sites by traffic off an estimated $70 million to $80 million a year in revenue, never yielded the hoped-for public offering". Forbes.com uses a "contributor model" in which a wide network of "contributors" writes and publishes articles directly on the website. Contributors are paid based on traffic to their respective Forbes.com pages.
Forbes allows advertisers to publish blog posts on its website alongside regular editorial content through a program called BrandVoice, which accounts for more than 10 pe
A public company, publicly traded company, publicly held company, publicly listed company, or public limited company is a corporation whose ownership is dispersed among the general public in many shares of stock which are traded on a stock exchange or in over the counter markets. In some jurisdictions, public companies over a certain size must be listed on an exchange. A public company can be unlisted. Public companies are formed within the legal systems of particular nations, therefore have national associations and formal designations which are distinct and separate. For example one of the main public company forms in the United States is called a limited liability company, in France is called a "society of limited responsibility", in Britain a public limited company, in Germany a company with limited liability. While the general idea of a public company may be similar, differences are meaningful, are at the core of international law disputes with regard to industry and trade. In the early modern period, the Dutch developed several financial instruments and helped lay the foundations of modern financial system.
The Dutch East India Company became the first company in history to issue bonds and shares of stock to the general public. In other words, the VOC was the first publicly traded company, because it was the first company to be actually listed on an official stock exchange. While the Italian city-states produced the first transferable government bonds, they did not develop the other ingredient necessary to produce a fledged capital market: corporate shareholders; as Edward Stringham notes, "companies with transferable shares date back to classical Rome, but these were not enduring endeavors and no considerable secondary market existed." The securities of a publicly traded company are owned by many investors while the shares of a held company are owned by few shareholders. A company with many shareholders is not a publicly traded company. In the United States, in some instances, companies with over 500 shareholders may be required to report under the Securities Exchange Act of 1934. Public companies possess some advantages over held businesses.
Publicly traded companies are able to raise funds and capital through the sale of shares of stock. This is the reason publicly traded corporations are important; the profit on stock is gained in form of capital gain to the holders. The financial media and the public are able to access additional information about the business, since the business is legally bound, motivated, to publicly disseminate information regarding the financial status and future of the company to its many shareholders and the government; because many people have a vested interest in the company's success, the company may be more popular or recognizable than a private company. The initial shareholders of the company are able to share risk by selling shares to the public. If one were to hold a 100% share of the company, he or she would have to pay all of the business's debt; this increases asset liquidity and the company does not need to depend on funding from a bank. For example, in 2013 Facebook founder Mark Zuckerberg owned 29.3% of the company's class A shares, which gave him enough voting power to control the business, while allowing Facebook to raise capital from, distribute risk to, the remaining shareholders.
Facebook was a held company prior to its initial public offering in 2012. If some shares are given to managers or other employees, potential conflicts of interest between employees and shareholders will be remitted; as an example, in many tech companies, entry-level software engineers are given stock in the company upon being hired. Therefore, the engineers have a vested interest in the company succeeding financially, are incentivized to work harder and more diligently to ensure that success. Many stock exchanges require that publicly traded companies have their accounts audited by outside auditors, publish the accounts to their shareholders. Besides the cost, this may make useful information available to competitors. Various other annual and quarterly reports are required by law. In the United States, the Sarbanes–Oxley Act imposes additional requirements; the requirement for audited books is not imposed by the exchange known as OTC Pink. The shares may be maliciously held by outside shareholders and the original founders or owners may lose benefits and control.
The principal-agent problem, or the agency problem is a key weakness of public companies. The separation of a company's ownership and control is prevalent in such countries as U. K and U. S. In the United States, the Securities and Exchange Commission requires that firms whose stock is traded publicly report their major shareholders each year; the reports identify all institutional shareholders, all company officials who own shares in their firm, any individual or institution owning more than 5% of the firm's stock. For many years, newly created companies were held but held initial
The Oregonian is a daily newspaper based in Portland, United States, owned by Advance Publications. It is the oldest continuously published newspaper on the U. S. west coast, founded as a weekly by Thomas J. Dryer on December 4, 1850, published daily since 1861, it is the largest newspaper in Oregon and the second largest in the Pacific Northwest by circulation. It is one of the few newspapers with a statewide focus in the United States; the Sunday edition is published under the title The Sunday Oregonian. The regular edition was published under the title The Morning Oregonian from 1861 until 1937; the Oregonian received the 2001 Pulitzer Prize for Public Service, the only gold medal annually awarded by the organization. The paper's staff or individual writers have received seven other Pulitzer Prizes, most the award for Editorial Writing in 2014; the Oregonian is home-delivered throughout Multnomah, Washington and Yamhill counties in Oregon and Clark County, Washington four days a week. Although some independent dealers do deliver the newspaper outside that area, in 2006 it ceased to be available in far eastern Oregon and the southern Oregon Coast and, starting in December 2008, "increasing newsprint and distribution costs" caused the paper to stop delivery to all areas south of Albany.
One year prior to the incorporation of the tiny town of Portland, Oregon, in 1851, prospective leaders of the new community determined to establish a local newspaper—an institution, seen as a prerequisite for urban growth. Chief among these pioneer community organizers seeking establishment of a Portland press were Col. W. W. Chapman and prominent local businessman Henry W. Corbett. In the fall of 1850 Chapman and Corbett traveled to San Francisco, at the time far and away the largest city on the West Coast of the United States, in search of an editor interested in and capable of producing a weekly newspaper in Portland. There the pair met Thomas J. Dryer, a transplanted New Yorker, an energetic writer with both printing equipment and previous experience in the production of a small circulation community newspaper in his native Ulster County, New York. Dryer's press was transported to Portland and it was there on December 4, 1850 that the first issue of The Weekly Oregonian found its readers.
Each weekly issue consisted of four pages, printed six columns wide. Little attention was paid to current news events, with the bulk of the paper's content devoted to political themes and biographical commentary; the paper took a staunch political line supportive of the Whig Party—an orientation which soon brought it into conflict with The Statesman, a Democratic paper launched at Oregon City not long after The Weekly Oregonian's debut. A loud and bitter rivalry between the competing news organs ensued. Henry Pittock became the owner in 1861 as compensation for unpaid wages, he began publishing the paper daily, except Sundays. Pittock's goal was to focus more on news than the bully pulpit established by Dryer, he ordered a new press in December 1860 and arranged for the news to be sent by telegraph to Redding, California by stagecoach to Jacksonville, by pony express to Portland. From 1866 to 1872 Harvey W. Scott was the editor. Henry W. Corbett bought the paper from a cash-poor Pittock in October 1872 and placed William Lair Hill as editor.
Scott, fired by Corbett for supporting Ben Holladay's candidates, became editor of Holladay's rival Bulletin newspaper. The paper went bankrupt around 1874. Corbett sold The Oregonian back to Pittock in 1877, marking a return of Scott to the paper's editorial helm. A part-owner of the paper, Scott would remain as editor-in-chief until shortly before his death in 1910. One of the journalists who began his career on The Oregonian during this time period was James J. Montague who took over and wrote the column "Slings & Arrows" until he was hired away by William Randolph Hearst in 1902. In 1881, the first Sunday Oregonian was published; the paper became known as the voice of business-oriented Republicans, as evidenced by consistent endorsement of Republican candidates for president in every federal election before 1992. The paper's offices and presses were housed in a two-story building at the intersection of First Street and Morrison Street, but in 1892 the paper moved into a new nine-story building at 6th and Alder streets.
The new building was, the same as its predecessor, called the Oregonian Building. It included a clock tower at one corner, the building's overall height of 194 to 196 feet made it the tallest structure in Portland, a distinction it retained until the completion of the Yeon Building in 1911, it contained about 100,000 square feet of floor space, including the basement but not the tower. The newspaper did not move again until 1948; the 1892 building was demolished in 1950. Following the death of Harvey Scott in 1910, the paper's editor-in-chief was Edgar B. Piper, managing editor. Piper remained editor until his death in 1928. In 1922, The Morning Oregonian launched Oregon's first commercial radio station. Five years KGW affiliated with NBC; the newspaper purchased a second station, KEX, in 1933, from NBC subsidiary Northwest Broadcasting Co. In 1944, KEX was sold to Inc.. The Oregonian launched KGW-FM, the Northwest's first FM station, in 1946, known today as KKRZ. KGW and KGW-FM were sold to King Broadcasting Co in 1953.
In 1937, The Morning Oregonian shortened its name to The Oregonian. Two years associate editor Ronald G. Callvert rec