Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1875-10-01
The Emma Mine.

il 10 the commission which has been taking
evidence in London, for both sides, to be used
in the suit against Mr.. Park. pending In
New York. and to the failure of the persons
who have been so freely charging fraud to
make good their statements, when placed
under oath and with an opportunity Tor
cross-examination. We understand from
other sources that the testimony taken by
the commission has been exhaustive that
the plaintiffs examined everybody who knew
ANYTHING about the transactions and thai
the failure of the prosecution TO find any
thing on which to make out case against
Mr.. Park has been so conspicuous, that the
only fear now entertained by the defence Is
that the suit will be withdrawn, before It
affords to Mr. Park the complete and detail
ed yindi,ation, which can be the only result,
if the suit is tried.
4 Commission has been taking evidence
in England fer the pending suit in the
United States, brought by the Emma Com
pany against Mr.. Trenor Park and the
vendors for fraud The allegation is that
Mr.. Park and those associated with him,
came to London to sell mine which they
had secured in Utah, knowing 1t 10 be run
ming out Or failing, and succeeded, by the
aid of certain persons in England, in foistlng
it upon the British public We do not pre-
tend to Use the terms Of the complaint, only
to eub1dv the meaning, and, of course, such
= charge l. coupled with assertions of brl-
berry. false representations, undue influences,
and all the nefarious practices through
which the public are inyeigled into such
schemes.
The fact is patent that Mr.. Park proceed
ed to London, aud that he did sell, To a com
pany formed for the purpose, a mine reputed
10 tie the richest vet discovered on the North
American continent that he got his price
an immense sum-half million in money
and half million in shares that dividends
At the proposed rate Of i per cent. were
paid monthly for les than 4 year ; that
while they were being paid the shares
run up 10 a high premium, and largely
/ bought ami sold that no sooner had the
ore raised and within sight been exhausted
] than the mine - gave ont leaving the
shareholders under the impression that they
had been shamefully imposed apOn, and
! they forthwith began to abuse every person
connected with the sale of the mine as i'm
/ plicated in the deception they assumed had
been practiced.
These are wel-known facts, 50 well |
known that people regard with surprise if |
not with incredulity any who call them in |
question, who assert that they misrep- |
resent what actually occurred who main |
taip that rho IN ipa vra. 10, h,ual+ ,,r,pa-tv
honestly huated on the London market |
nay. more, who express the belief that the
Emma Is at this moment a good mine. which
if properly worked might prove to be worth
even the vast sum paid tor it. Yet such
are the facts beginning to tranSpire as the
investigation progresses. And. il is curious
to watch the writers Of pamphlets. the We
hement urgers Of the charges, when invited
to tell their story to 4 commission legally
appointed To receive dispositions on oath.
and to cr0ss-exlmine witnesses. Two gen
tlemen have made themselves conspicuous.
50 conspicuous that it is essential they should
now be forthcoming to make good the ale
cations they have 50 freely br0ught-Mr.
MacDougali ana Mr.. Patfard Ii is clear
though many appear TO have lost sight of
1t in the failure u realize their own expecta-
tions-that an injustice may have been com
mitted, in thus denouncing those whose
names were associated with the company
through whom, n thev supposed, the injury
had been done 70 them. Now, Mr. Park
pronounced TO be the principal offender. the
person who conceived and carried through
the scheme by which he was enriched and
Others poyerishel-prctestng that such
injustice has been done to him. insists upon
the trial being pushed to a result, and IN
stead Of - backing down, is really the suit
or in this suit brought against himself
There Is circumstance connected with !
:he sale Of the Emma Mine in London which ,
has been strangely overlooked, or has been
set aside by those eager to de- /
noance the alleged swindle When prop
erty Is offered Tor sale for Il 900 900 ster-
ling, and that property is in land. it ean be {
inspected, it. value can be estimated by ex- =,
nerts, 1t Is open to those who design 10 pur-
chase 10 have It's value thoroughly tested bv 7
persons on whose knowledge and power of 1
Judgment th9y place reliance. Not only was Il
The Emma Mine thus Inspected but it was
and the process again and again
gone through till no means known for the Il
Investigation Of such concerns had been neg II
ected. Now how do those who allere
raud get over such fact? When the sale :
vas proposed, the first step was 10 name the II
nan whose experience, training and hon al
sly, had secured for him the highest degree o.,
II public confidence. That man, as anybody
/ the time would have admitted. was Pro ID
essor S!lliman, and a. such he was selected ii
nd despatched On the errand by the firm in u
egotiation for the purchase, with inStrnc- c-
ioas to report directly to them. The charge
rough;, on the dividends ceasing. was that ]"
heavy fee depended on the nature of his "
eport that he reported favorably and re- 70
eiyed a large gratuity which would not
therwise have been given. 1t is needless to
" this story is untrue but it has been by
eely told to the injury abroad and at home .,
well, of the Professor reputation. and he
lereioTe, is one of the men to whom an in I'll
slice has been done. which as it is ALLEGED. tn
lis suit Will rectifv. If the report of the an
roieSsor was honestly made, how did it u,
ippen that 1t represented the mine As a
iver bearing lode likely to be of so produc- wa
We character? The Professors opinion IL,
ay, or may not have been honest, but the III,
legation of those wAo have taken such i.
ans 10 detame every person connected with ~
Is concern Is that the mine was ''salted" 10
'pla>tered Tor the occasion by its "cap- rea
IN Mr.. W llllams, who it might be sup 10,
Sei from what they say, had borrowed
ltlers silver spoons with which to line the o'e
Ills and refresh the Professors sight, who. OF
en- -mouthed in wonder, gazed at the plum los,
r. Indeed, the story as told-how the ,,t,
oiessor was taken in-is only less ridieu- Pas
Is than the way in which it is here put: the
>, the pastering of Captain Williams was
little likely to deceive the experienced and .
entlhc geologi>t as if he had really gar
he'd the dirt with the plate taken in MOI
war. But 80 indignant was the cap 4
n at the accusation that be brought an ,,,
ION for libel against the New York Nation =.
ieh had told the story. it is alleged, on
strength of Mr.. Paford's True His city
y. This libel suit has been pending for \
lie time but will probably be brought TO hill
Issue about November next when. per- 0.'''
Is, another Of the talsifcations connected nine
h this subject will he exploded. T.
int the Professors inspection was only CITY
preliminary move, for the Chairman 1o,.,.
other Directors followed: and at Salt Wy
.e City there was generally some one in Sio'
ately connected with the Emma Silver III
ing Company, who had proceeded to the heb;
mon city on tour Of inspection. No
ms OF scrutiny appears to have been over ming
led and report followed report from the hear
ers whose business it was to protect the I'll
reholders, ali in the same strain, of faith a,ol,
he wealth OF the mine, and of congrata- -
ms on the possession of a property 50 MS :
able. Those who accuse Mr.. Park of to be
ging To London the title deeds of a mine A
new to be running out, never attempt to Mar,
nclle this cOntradiction-that Others !
er informed about mines than Mr.. Park Der
inspected the property for the Ba
eholders, long after he had reached Lon MARI
with the asserted knowledge, vet had al
made the discovery On the contrary :,
experts selected for the protection Of INTEL
shareholders who make the accusation. Mi
rted that nothing could be more brilliant work
the prospects, and if all their appoint -,
'rmed that opinion, might it not be Dos ~onli