That looks a great deal like the Astoria Column, in Astoria, Oregon at the mouth of the Columbia River. In particular, the image from Wikipedia show a similar base and top part. While a bit difficult to pick out on your photo, you can also see the spiraling frieze of scenes from Oregon history.
As an aside, my grandfather was born and raised in Astoria in the late 1800's early 1900's. He hunted and trapped the Lewis and Clark rivers, and worked in logging camps in the area. To him that would have been a small stump: he tells of a job in a logging camp cutting wood for the steam engine (jenny) that ran all the lines to drag timber in. He said first thing in the morning he and another fellow would saw a slice off a tree trunk. Then his job was to split the one slice up, and it would feed the steam engine all day.
Here is a picture comparing OP's image with the image of the monument at Wikipedia to confirm Jon Custer's answer:
If we look at the tree at the right behind the column it seems as if the time was also roughly the same (maybe a bit later?).
Edit there is some discusion in the comments that need the whole picture.
That is all I could get out of the scan.