New-York tribune., 1876-01-22
MR.. /. ". PARK IN ENGLAND.
HIS SPEECH TO THE EMMA NINE STOCKHOLDERS
SALE OF THE yESDERs' SHARES AT GOOD

HIS SPEECH TO THE EMMA NINE STOCKHOLDERS
SALE OF THE vESDERs' SHARES AT GOOD
PRoFIG-FmENDsHIP To GEN. sCHENCK
To the Edttor or The Tribune.
SIR: have just seen in copy Of The Lon
don Standard the complaint Mr.. T. W. Park has hled
against you in his for libel Will you allow ME to
.ay what I know Of Trenor W. Park In connection with
the Emma Mining Company, IN which regret ID cay
was an Original stockhoder and heavy loser. em
barked my money tHs undertaking ON the faith OF the
statements made in the prospectus for which statements
false AS they have all proved hold that this man was
mainly responsible, though he was backed up ana as
sisted in this to material degree by ex-senator W. NJ
stewart Of Nevada.
The first time ever saw T. W Park was at meeting
of the Emma Mining Company in London, IN March,
1872, when he made most lat;ering and apparently
candid speech about the mine among other things re-
rrrng To Prof b. silmn OF Yale College, who had re-
ported on the lie eul0gizcd Prof sman a. being
Of lnimpeachabc ycraclty, rs being a man of Euro
mean reputation" AZ the ''sir Roieuck Murchls0n Of
America" Il most eminent geoogst In fact Al ths
meeting Park declared his belief that the shares would 20
To each and that should certainly hold his shares I'LL
they touched that figure, and furthermore, that he would
ye any subscriber per share for the privilege of cali
ing the shares at Ri0 IN six months tiIue Now the
effect OF this speech not then apparent though
IL became clear enough later Park had become pos
ssed of the whole Of the 25 900 venders shares having
bOdglt them rom hs cOpattleIs III tht N'N iOih WI
poration Just half their issue value In England, and
therefore his object 10 unload them ON the
cr.du.ous Britishers and consequently If no one sold
any of the other $4,000 subscribed shares why 50 much
the easier would lie for Park To work OF his $4,000
vendors shares at "a good profit
In the following May PARK attended another meeting
Of the company expressed his intention OF holding
all the shares he then ha, aud also said that he could
Horlt he would Ike up all the shares the company
possrssed Yet all this time. both before and after the
truth PARK had been getting rd Ot hls saIts s last
M le could without breaking the market. Some months
after when the collapse came was Discovered that OUT
Park had disposed Of all the rest Tho only punlic eA-
panaton Pa,k ever gave of lns t'at am aware OF,
was In letter from him published III me MWhg zorro
of London, In which lie gave as ms reason ~, selling,
"the want Of confidence" displayoi toward nm. Ia
ths letter hc brought in the name Of the Drty ny say
ing no could tell rs o thc.1uinty of ore remaining
III tile mine "saye MN VINO m.dg IT, some m tllc IN I',II ~
titled 'The True History OF the Lmma MihT' 10y w
B Paffard, original subs riber Ills book was le'
viewed I'm a long article by your cOtempOrgry The
N1fi0n and the article copied into some Vermont
paper (which state Park came from. Park thcreupon
wrt letter to the paper that had inserted 1t,
aud described W B. Phfari a. being g man OF no
Character" and his book as tissue Of les the fact
being that Mr.. Palird man of highly respectable
character who had a great pains got the history OF the
case together W B Paiard afterwaId brought an action
against me Mining Journal OF London, which hai
printed Parks letter and obtained damages and Al ample
Now your rcaders viii perceive the sort of man tina,
your minister in tAas country, GEN sghcnck, was not
only on business wiIh but treated social equal
Tor IL Well known hat Gen. Sehenck used frequently
OF evening Ia play the game or POKER win ooth Fak
and Senator stewart In the Winter If 1879 And with
regard Gen. SchencRs connection with this fraui-
lent company can you wonder that general dstuss
now felt by English investors In American enterprises
Gen. schenck acknowledges that he knew nothing OF
mne aud had never been IN Utah Wen hr. %eLo ,i
So how easy would IL have been for him 10 nave lele
paphed to OF his official friends In Washgioh 70
ina ke naures for him through the proper chhei III
Utah as TO actual condition OF the property. am
surprised that notice has yet been taken Vi te a
In ,css II such uyly things said of our minis
Ter in Your country any other foreign court, how
ino 40 Won think il would be after Parliament met that
some intependent member would rise In the House OF
Commons ana demand committee OF investigation, aud
the recall of tn. minister chargedf In conclusion
hone TINT N this action against You Is brought 10 trial
the whole subject will be thoroughly investigated and then
have little doubt which side the verdict wi be- Mr.
Park may yet have cause t0 remember bitterly that
"honesty is always the best policy" am, sir yours
respectfully, DEfkAgpEp ESHiIshAA'
EIeter England, Dec. q, 1878.