The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1875-11-30
The emma Mine Swindle.

IA London. s&IHe faSS pnaSe VI IL Is y sesSSa
from Mr. ScHEscS. to the Anglo; Af,ericdn, 9
piper established In London to gloze over
Yankee frauds and Yankee reconstructton-
the most inhnman Outrage ever inflicted
upon civilization. The incipient stage OF
the swindle was 10 The roping In OF the most
Influential persons by the distribution OF
peculiarly favors, which favors were under
stood 10 be compensation for services 10 the
sale of the Emma Mine stock--a pure anu
unadulterated swindle OF the very first mag
nitade.
ScagNcx was made director. He became
{. seized and possessed" Of fifty thousand
dollars worth OF stock of the Emma mine.
The sale and the guarantee that 1t would yield
sixteen per cent. were inside By Mr.
PAsx," who held the Emma :swindie in the
hollow of his hand. After that he was per.
mstted to refer to the Honorable the Minister
OF the "model republic" to the Court OF
st. James. So he advertised, and SO Minister
scHsScE performed bis duties as compen-
sated commender OF the great value OF the
Emma Mine stock. He performed his duty,
and roped in Sirs and Dukes without mum.
Der. This was very bad occupation for the
Mioister Plenipotentiary of the United
States to the Court Of St. James.
Mr. ScHENcx, assuming the air Oh very
much wropged and overreached individual,
now confesses that he had not been WITHIN TWO
Thousand miles of the "Little Cottonwood d"
c,n,p. but that ne had heard in the United
States much of the extraordinary richness Of
the Emma mine, located at Little Cotton
wood. The impressions made upon his
mind were strengthened by the representa-
tions of PARK and STEWART, and be purchased
$4,000 worth Of stock and consented to be
made director in the company. He goes
on to speak of his disappointment and the
trouble he had in paying the $4,000, which
be has accomplished less S12 1000, which be
bias provided the means of paying.
II anybody believes this story he is very
green. There was reputed mining pro-
perty to be sold. It could only be sold
through the il fuence Of prominent persons.
1t Is stated on good authority that seven
hundred end fifty thousand dollars were dis.
tributed in obtaining the cooperation of men
s.whose names would weigh with the public,
ard consequently influence subscriptions"
Who could exercise more Influence in this
way than the Minister of the United States?
Nobody. So he received fifty thousand dol.
l.rs' worth of shares with guarantee from
PARK, who was the agent of the Emma COM
pany, that he should receive eighteen per
cent. dividend upon the same.
Does anybody imagine that ScHEScK was
expected to pay for these shares? There
may be somebody in England green enough
to think SO; but certainly nobody in this
country, where this dodge is understood,
thinks any such thing. Even the English
are sharp enough to see into the matter, and
o prominent newspaper in London declares
that "the American Minister at the Court Of
St. James, upon the strength Of whose name
many English families subscribed, has been
bribed to the extent Of fifty thousand dol
lars" This, we are convinced, is the simple
truth.
GEORGE ". SMALLEY, the New York Tn
6une's London correspondent, whom no one
could consider unfair, in stating the facts of
the case says:
"No explanation is offered Of the undis-
puted facts. No effort is made to meet the
inference drawn from the awkward circum.
stance that Park was the vendor OF the mine;
Tat he stands accused of effecting its sale by
{, gigantic fraud; that one means he used to
get the stock taken was to advertise General
Schenck's name, as United States Minister,
director and trustee; and that the means be
Used TO enlist General Schenck in the BUSH
ness was loan to him OF fifty thousand dol
lars and secret guarantee to him of eighteen
per cent. interest on his stock. Let US test
the matter by one simple question. Sup
pose the Englishmen who were induced by
the presence Of the name Of the American
MM,ister on the list Of directors and trustees
had been told the actual state Of the relations
between General Schenck and MIR. Park.
would they have invested their money:
Would they have believed their interests safe
in the hands OF q trustee who was under a
direct pecuniary obligation to man whose
interests were hostile to theirs?"
Exactly. There is the point. And what
will the world think of the "modei repub.
lie :" when it finds that Its frauds and swim.
dies to enrich rogues and cheat our national
friends are disseminated by the agent Of this
great nation In the country to which he is
accredited as Minister and friend instead, as
it oughtto be-, "sharper and cheat?" Yes,
what will they think of him?
-, for
cunning and deception. 1t is the champion
of nations for these. But it had been left to a
confidpg people to hope that the national
agents sent abroad TO protect our national
rights and represent our national honor
would continue, as In the past, to fulfil their
missions-t to be faithful to the justice and in
-.egrity OF our national character. That hope
must be blasted in considering the conduct
o. our Minister to the Court of st. James,
the most important Of all our foreign mis-
SONS.
In the whole history of the ambassadorial
intercourse between the United States and
foreign nations never before was tLtre q
scandal Ike this Emma mine-so disastrous
to our national character. 1t deserves, and
long ago should haVereceived, q distinguished
mark of the indignation of the Govern.
ment against man who has outraged JUS
tice and treacherously advanced the schemes
OF swindiers. "
If the Government endorses scHEEcK the
recommendations Of the American Minister
will hereafter be regarded with contempt in
England. The character Of the American