Page:Memoirs of Henry Villard, volume 2.djvu/326

 for by the issue of bonds to be guaranteed by the three railroad companies. As Portland did not have a single decent hotel at the time, Mr. Villard also purchased a suitable site for a large modern one, and gave a leading firm of New York architects charge of its erection. Its completion was delayed for some years, but "The Portland" stands to-day, as planned by him, the finest establishment of the kind on the Pacific coast north of San Francisco.

Oregon had an institution which went by the name of University, of which it represented, however, but a very small beginning. It had received little support either from the State or from the public, and was so embarrassed by indebtedness that it would probably have been obliged to close its doors, had not Mr. Villard come to its relief by paying its floating debt in response to an appeal from the Board of Regents. He also presented it with the nucleus of a library. In May, 1883, he offered to donate fifty thousand dollars to it on condition that the State would levy a tax sufficient for its maintenance on a moderate scale. This being done, he paid over the promised sum, in recognition of which gift a hall was named after him. About the same time, he intervened to save the Territorial University of Washington from suspension by the failure of the Territorial Legislature to make an appropriation for it. He also helped various local charities on the North Pacific coast.

Before leaving for an overland trip to St. Paul along the finished and unfinished parts of the Northern Pacific main line, he delivered a speech to a large audience at Portland. Referring to the fact that construction on the Oregon Railway & Navigation lines had progressed more rapidly than had been expected, as shown by the completion of the Columbia River line the previous November, three months ahead of time, and in view also of the advanced state of the work on the Northern Pacific, he said he hoped the