The New York herald., 1876-03-12
THE EMMA MINE.
From the San Francisco Chronicle, March 81

From the San Francisco Chronicle March 81
The Committee on Foreign Affairs have summoned
one witness before them who, more than any other
outside OF those Immediately connected with the
swndle knows every circumstantal detail OF the fraud
ulent transaction. This gentleman is
X. LYON,
brother OF William Lyon the well known brewer OF
San Francisco Mr.. Lyon OF the three original
owners of the Emma (Monitorl mine long before It
became famous for its bonanza-hke productveness,
contributing money and provisions toward the early
working and development of the vein. Alter the first
excavations upon the mine were made work was sus
pended by Mr. Lyons partners, he then being in New
York city. Subsequent events led Mr.. Lyon TO suspect
that his working partners had asccrtained the proms
ing nature of the lode but tudousy keeping the
truth IRON him order 'freeze" him out of his in
terest. When Mr.. Lyon again visited Utah he found
that negotiations pending and nearly concluded
Tor 4 sale OF the Emma parties from san Fran
CISCO And right here u legal fight commenced for the
Of what proving be one Of the richest
and most productive mines this continent Trenor
W. Park, well known the Pacific coast both as
lawyer, mining specuntor and Nariposa 'recelver, ="
OF the parties TO tho suit for possession The
prize TO be fought for was tempting one, and as the
progressed the courts unusual interest was
manifested by miners all over the country. Park and
his associates found In James f. Lyon foeman worthy
the investigation OF the several years practical
experience miner in Colorado and Intimate
knowledge OF mining rights and customs Feeling Ihat
III law and the equity OF The questions involved were
all III his favor he battled against grave ODDS with
persistence and determination which soon convinced
PARK and company that ney had purchased an endless
and expensive lawsuit, and that their only sale way
''0ut oI the woods Was some sort of
A COMPROMISE LYON
Park ana his conlcderates had this time a sale
OF the mIne 10 English capitalists IN view, and had
enough to understand tne difficulties and mpos
the property Accordingly the work OF compromise
was upon in short time litigation ceased
ali the parties feeling that mutual advantage woua result
from such a course Park soon alter sailed away Tor
.,perldlous Albonn TO arrange or sale of the Emma
mine Ol course Mr.. Lyon mad not gwen up the nght
until agreement had been entered into whereby his
claim iully recognized. He was 10 surrender all
right and title TO The property upon the pay 10 hun
his attorney OF $5UO, 00U. About the lime oi the
conclusion OF this arrangement friend of Mr. Lyon
urgently recommended the employment OF Senator
Stewart as AN attorney in the case, representing that
the Senator able mining lawyer and would faith
fully guard Mr. Lyons interests To tins the latter
consented aud at once retained Senator stewart Al
this time Mr. Stewart was, by his own showing, in
sadly mpecunlous condition His personal and hotel
expenses while IN New York
DEPRAYED LYON.
II soon arranged that the Senator should go with
Park London, ana that the latter faithfully car
red out the terms Of agreement Bountlluly pro-
vided money by his Client the Senator crossed TO
England leaving the conhding Lyon behind IN New
York. lew weeks after these occurrences Mr. Lyon
urged by the very friend who had recommended
the emnloyment of Stewart TO follow his attorney To
suggestion soon acted upon and IN few days Mr.
Ly ION in hourly conference with the Senator. 1t
did not take long tor Lyon 10 discover that matters
were progressing in the most satisfactory manner
lar interests were concerned And yet he had
implicit confidence in his attorney suspcctlng
that at that very moment Stewart and Park
"cohoots " plotting 'do" HIM out OF much OF the
money agreed to be paid him rs possible Meanwhile
Park most admirably laying his wires for the cap
Of British gold. he had secured the services Of
Baron Albert Grant to launch float the scheme that
worthy modestly requiring only ST. OOO 900 Tor his aid
and influence. Whether the happy thought oil securing
GENERAL sCHENCK
the list OF directors and presenting that high unc
tonary with $50 600 worth VI the stock Of The Emma
Mining Company "a consideration, originated with
Park the Baron not disclosed in any of The circu
lars reports subsequently issued from the Office OF
the ANIMATION IL Is, however, now well known that
the role played by Schenck came to be un
derstood ut Washington IL was almost peremptory
suggested that he should Withdraw from the dlrec-
tory-a suggestion which was promptly Needed. The
English h P.'s and nobemen who caught
the snare laid for them by the Baron,
Park both have been industrously engaged ior the
last three four years IN explaining their motives and
positions TO few thousand holders Of Emma shares,
who have kept up during all that time an internal dun
over the great fraud perpetrated upon them What Is
TO be the result OF the investigation now going be-
lore Important Congressional committee fellow
yet nd out; but IS sale to that If James E.
Lyon is permitted TO tell all he knows there will be
disclosed Of the most successful and Infamous
frauds swndles ever played upon conhding cap
italsls In this or any other country And Of AL ths
business moro anon