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What is with Walt Disney's symbol on his black tie?

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The symbol appears on Walt Disney's tie shown during the Rocket Rods queue narration and on the bronze statue of Disney in the center of Disneyland. It looks like an Asian language character, but it is actually a compound of the letters S T R, which apparently stands for Walt Disney's "Smoke Tree Ranch" - ranch where he had his vacation home, located in Palm Springs, California.
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