"May God bless you, and may your bones bleach in the sands."

Sailing from Salina Cruz, Mexico, on or about September 26, 1906, the Peter Iredale was bound for Portland, Oregon with 1,000 tons of ballast and a crew of 27, including two stowaways. The voyage up the coast was unremarkable until the night of October 25, when Captain H. Lawrence sighted the Tillamook Rock Lighthouse at 3:20 a.m. local time. The crew altered course first east-northeast and then northeast to enter the mouth of the Columbia River in thick mist and a rising tide. Under strong winds out of the west, an attempt was made to wear the ship away from shore, but a heavy northwest squall grounded the Peter Iredale on Clatsop Sands (now called Clatsop Spit). High seas and wind drove the ship ashore. A lifeboat was dispatched from Hammond, Oregon and assisted in evacuating the sailors, who were tended to at Fort Stevens. No casualties occurred in the accident.

A Naval Court inquiry was held in Astoria on November 12 and 13, 1906, by the British Vice-Consulate to determine the cause of the wreck. After investigating, no blame was placed on Lawrence and the crew for the loss, and he and his officers were commended for their attempts to save the ship.

There was little damage to the hull and plans were made to tow the ship back to sea, but after several weeks waiting for favorable weather and ocean conditions, the ship had listed to the right and become embedded in the sands. She was sold for scrap. All that remains is the bow, a few ribs and, a couple of masts. The rudder is sitting in the parking lot at the Columbia Maritime Museum in nearby Astoria.

Captain Lawrence's final toast to his ship was: "May God bless you, and may your bones bleach in the sands."