Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1875-10-29
From the Anglo-American Times, Sept. 18th
The Emma Nine.
No. 3.

cusation he has brought against Mr.. Par
is, that he bought mine, knowing 1t to
y worthless, for which-Mr. Paffard canno
IF deny this-he paid large sum OF money
). with the intention Of carrying that mine {
London and foisting it upon the English
which he succeeded in doing, making anon;
e others, a victim Of Mr.. Pafard. himself. Oh
e examining that assumption its contradiction
f and absurdity become apparent L. For thu
: cute mana lawyer, who knew much, 'hat
>, practiced in San Francisco, and got mixet
up with mining suits, and obtained knowl
edge Of mining law us represented a
having L" inspected very carefully the Emma
: Nine" associated with one who had held
the high position of President of the New
York Central Railway lie two then pur-
: chasing half share at heavy figure in
this pocket, knowing it to be next to worth
less-which Is, to say the least, improbable.
, ,. But Mr.. Park had another design for
he did not intend to hold his share himself,
bat to palm 1t off on, the London market
The vendor from the Pacific Slope could not
have held a very fattering opinion of the
: class of shareholders of whom Mr. Paffard
says he is one greedy people in whom
discretion and restraint are subordinated to
chance Of large gains. But had Mr.
Park even formed this opinion, he would
still have acted foolishly in running risk
50 considerable as to place large amount
in 4 mere g pocket, on the chance Of sell
ing it Us true fssure vein in London Surely
he would have known that men so fond of
Investigation, as some of the Emma share
holders have proved themselves to be. would
investigate narrowly and repeatedly, and
the end OF such venture was more than
likely to be not only a loss in money, but in
| reputation. Even were we to admit what
Mr.. Pafard appears to advance in his His
tory, that the vendors had no character for
| honesty to lose, still "a - smart men, such
proceeding would destroy their reputation
| The assumption thereupon upon which 'The
| True History is founded, IS not only a
] contradiction but an absurdity vet on this
the story is grounded, it being taken for
| granted that the cute man charged with
committing the act, started on a fools err
rand. While what is so grossly illogical
is accepted as the basis of the True His
tory natural and probable explanation
was before the author but he had his case
to make out, and he threw aside what was
simple and evident, in favor of what was
complex and absurd.
Not only has Mr. Paffard to assume that
the mine was mere pocket which Mr.. Park |
knew when he bought it, but that it has I
now ceased to be even that that the mine, /
then nearly worthless. Is at present wholly |
worthless for all the pay ore has been /
worked out and nothing but the ''plastered"
rock left. 1t Is little to those, who Jump to
the conclusions that suit the tales they desire
to publish, what may be the measure and
force Of the evidence against the assumption
Al that, is set aside, is not even considered,
nor does it see the light in anything thew
write. The evidence accumulated Is al
most decisive in favor Of the Emma being
segregated fssure vein. Not only
have mining experts and Professors
reached that conclusion; but when the ques-
tion was tried, the court recorded the same
opinion. To this it may DO objected that
nothing tells like experience, that there Is
10 proof Of the pudding ike the eating that
the mine has given out and failed. But that
Is far from being proof, for the extended
experience of silver mining in Nevada show;
such a failure to be inyariable. Whence |
came the ore in the pocket? 1t was not
poured down from the heavens, il came not
from above, but in the commissions. the dis
suptiJns Of which the Pacific slope shows I
evidence everywhere, the ore was pressed up {
from below; and if part was thus detach-
III, and squeezed into the elevation at which !
I was found, the reasonable conclusion i that
he body Of ore remains below. The rich
'eins Of the COmstOck have been etFectually c
truck only at depth Of 800 feet, and the :
lthest men OF the Slope, those who have at
aimed to almost fabulous wealth, ACQUIRED il I
y the persistence with which they followed
he indications. Mr.. Jones. the Senator p
rom Nevada, became one of the wealthiest =
aen in the world, because, a. manager Of n
he Crown Point, he bought all the shares he r
ouII secure when the mine was in the con- II
ltion IN which the Emma now is. from
which It suddenly rose into property Weld s,
ng millions. Messrs. Flood. O'Brien. and Al
be rest Of them, who count their income bv re
uncreds OF thousands Of pounds Der annum. &c
ldced they may divide millions sterling a &c
ar.acquired their gigantic fortunes through :
similar process and one it may be remark Gu
l very drSSimlar to that pursued BIZ the :
"ners Of the Emma Fortune did not de-
end upon set Of screaming shareholders
'cuslng the directors and officers, and vend-
: OF frauds; writing pamphlets replete -
tn the poisoned breath of calumny :" os
shutting law suits, and misleading news "a
ipers into assertions which bring on them "
tons for libel. That is not the way 70
axe the Emma paw, or to settle the vexed
iesuon whether large body of ore lies be-
" The men who secured these astound-
g prizes-tOr there have been no such for
mes made IN recent times-worked with 10
-th and yigour digging down. down. gr
WI, TIL they struck the vein and that is Ia
c way in which to deal with the Emma -u ~,
bIt where are the funds to come from for -'
e fresh venture And here really does o.
se what appears to US to be the error and O Ot'
ortcemIng, in floating the Company. Pro- 10
lon should always have been made for 49,
nat was likely to happen in 4 silver mine bel
sudden cessation OF the yield While q TN
iy OF paying ore is being extracted. la
lr Snould be employed in prospecting, in !
rchIng tor more ; and where an Englisb DIV
npany owns a mine on the Pacific Stone bus
Il should he held in reserve to continue the eit'
TX IN case the yield had wholly ceased wa
the shareholders are satisfied their mine ua'
true assure, not a mere pocket. they pro pro
sht, with energy and faith, to continue Sli
excavations. and the Emma which had -. ~
reached TO depth of five hundred feet I'M
have to 90 thousand further, as with nm
cOmst0ck mines, before the real vein is teri
lcA. Had portion of the money sub Pip
iueu been set aside fer such purpose it b
lode ny this time might have been reach and
or, at any rate, the shareholders would Virl
c had the satisfaction of knowing with ply
lie degree OF certainty that they are use.
abandoning what may suddenly as ouii
ne the appearance of Coms;ock mine ~ !
eng to its proprietors a profit of "ol
non sterling year. This sort Of -
has - often ended in disappoint- If n
1t, that lew in England have any he nov,
IN 1t, yet it has Of late been more Of Il
ever realized in Nevada, and all Virn
ute ''on the cards" with the Emma. II spre
III nave been comparatively easy. had hOis
IerS proceeded tremendously to have Sc whit
ID the necessary funds, and it IS even IN
sed that vigorous steps will be taken 10 wan
onstrate the fact that the Emma is a "hi'
assure vein capable of yielding a large War War
IN on well-applied capital-aitrr the ~ IN ="
Ing suit has been concluded Indeed ~
ne Informed, that Mr.. Park having as sbo-
iaith in the mine now. as ever, would. of IA
'qulred by the shareholders to do so take conn
&c OF the property, furnish the money expr,
Nsary Tor the explorations and after thou
KING The mime Tor year, hand il back. wind
IRON every liability, to the sharehold- iicip!
to whom he would pay, as the profits pree'
realized, ll-l2ths of the entire amount COME
& has a lien on the Emma of so 600 ton
as on the Judgment of the court .,his refer iSi:
III Is IN charge and as under such t %n.'i !,
r liabiIit;es ,haNs. ppsat WIN tne of b
mine. seems in its liberalty, like the seri-'
, NJ , iel =" Is oeiieyed by ings
= WV A"o" must Oh SILVER mining on very
Hope, and what the Emma Mine really tent
nat Mr.. Park would run little or no risk exten
- WhiIe he considers he would be able insur
We the most effectual reply to all the wherS
,aches brought against him by demon $500.
Ing the true valne IF Tho ~. oe this c