, 1876-03-24
THE EMMA MINE.
FIGHTING ron THE sroItg,

inat1on OF ex-senator Stewart to-day by The Itouen
Committee On Foreign ANaiss. Tho frst Of
these was that scry bitter quarrel has, within
tue past year or two, arison between Stewart and
fark On one side, and Lyon and johnson On tho
Other. Tlsa quarrel no far co1o1e and noItDca
tho Testimony which each may gire III regard to
his dealtnga Will tho other u sornake It ayisahlo
to recotTo oil shor Testimony with good many
grains Of allowance. Tho second point which
was skilfully developed by tho croas-4acs sttouIng
Of l1owits, Of New York. was tho admission that m
agreement was entered into between Park and
Stewart, representing tho Emma M1nc, and
Baron Albert Grant, tho promoter Of tho enter
rriao, That Grant should "rig" tho EuglIah
atock markot, II Il was necessary. between tho
time that tho stock was offered for sale and sct-
t'itg day. when allotmenss gero 10 be made.
Tho third point referred to relates to the timo
when Gen. Echcnck first became acquainted with
Tue sHlone Of laFk and Stewart to sell tue En-
ma Miue, and tho date at which Il was first st,E-
gestcd that he should bo given m opportunity
TO purchase some nharus OF Btoclt.
IN regard 70 "rsggioG" tho English market
dur:pg tho limo ihat suUac1iptious wcro being
received Tor Etnma Mine stock
- SEVERAL fMronrAar FACTS
came out In Stewards evidence. It seems that
~ tue contract made By Stewart and P.:tl; with
Aioets utant: an l. ng copy Of which las yet bcen
ob1a.neu By tho CoTnm'ttec, tlleeo IL a1l agreo-
fnent that Grant hmholr should purchase At
market prico before Eettling.tley 5,ouU sharca Of
stock In order to prevent tho bears from dapsoas-
ing tho price below par. The tc1ms on whicl,
the stock was offered wero that, II tie wholo
amount waa subscribed for within given time,
then it should bo allotted by the Board OF
Directors. X tho subscriptions fell elor. or
nsn ass to 'e bo 1esrs ea sSo e & pa II by
nrt said that It was customary in London as Roun
az the stock WAS p!ncod on tho market for tlto
bcara to jump upon It. and to sell great num-
bor OF shares which sho7 novor owned, for the
The arrangement with Albert Grant was to pro-
vent such An operation 40 this from
admitted that a. D' tho s'p s.tt1sng n@' da5 s
yot should have appeared TINT Albert Grant the
promoter Of tho achcuc, held 6,0o0 or 10000
shares, they would not havc been allotted to
him. Tho date Whpa Gen Hchenck fltAt thought
Of obtaining soma Of tho Emma Mine a.ock, aud
also OF becoming Director,
BECAME rRHr IMPORTANT,
~ upon Its determination dopenda in q largo
Elish subscribers. Albert Grant, In the staso-
ment Inaao not long ago. aad that the arrange
mnut With Cen schcnck not only to become an
pwner p' Of tho stock but nlso 70 be one of its
agreed to take hold Of tho enterprise Con.
Echeacl himself in his deroaitIon. made 1t tho !.
last Of October, the occasion bolng dinnor At
which Stewart aud EynrtH woro pfoHcus. Ex-
the Emma Mtnc nas frat mentioned to him u.
that dinner but tnskos dnso OF that dInnor near-
y mouth earlier than that given by Con
schenck. Stewart alao Baya that to the hest o {
bis knowledge nothing Wns ever sRid 10 Schnuc.
about becoming Director Of tho Company unit |,
tho oFcning OF tho I'd OF November, az
tor Parks nsgotious With tho firm "r
completcd. II ste~aEt's testimony is corrcot.
then Albert Grnut agreed to become promoter
Of tho scheme before alv arrangement had boon
made with Con. schencls. and to mako it agree
with Grants statement Park mutt have rcp-
resented to Graut that Sclenck would lend his
name to it before the arrangement with Bchenck
limec!f had been made. StoTart'h share OF tho
protlts OF the salo Of tho mine, sfter payiut,
Lyon for his interest and Including his foo for
making the contract With tho Nov YORK Com
pnry, WAS about 2215030.
Tho examinations nil! bocoptinued Tomorrow.
ITO he Associat.d PreAs.1
srLwAAr's TESTIMONY.
WASHINGTON. D. C., 1[arrh 1J.-Ex.Sopa!cr
Ste1art resumed Lis testimony, saving tina. u,
lis rotu1n from Paris to London llo mel Con-
scacnck. who stated to him that ho had con-
cludcd to become a Director in the Emma ,lino
Company, not thinking tbero was any itupIo-
ptiosy ip doing 30, for tho reaeon that al that
timo tho Minister TO Portugal, cns Of tho oldest
a tranwaY company, and also yendcr Of the
atock. The witness said hc had no reAson to be-
lero Gen. schcnck knew beforo ho became =
Director that Albert Gran. WAS 10 receive
teouuV tns 9enE ptohoteE ot saG Io senemo oSa
rNs 1SoMAt. nslu .aas fAtA pguEns Gouoo9 WORTH
~ ~ Ganaua 1. non.neFm anu 9tan Ceo''al ooaaa
~. .s; .s;s sin, ~ ooaun ~ ~ "Ao; 14,'
na M petu ~ n u ato aan sno 70 tme, WIN eheeA
~ ~ ~ Ut S@o,ou ~ ne sEn ~ maaet
Sfr' Stewart rresrntsd ' "-''''S''
LAnoE NUMBER or LETTERS
Mhlen "era p!aceu on h!e. ihey "oro from
Lyon 10 1hon'as Aliny, Ba!t Lallc. and tomo Of
then, rotate to tho proceedings Of Lyon to uocuzs
tho removal OF Judge alckean LYou c3pa,na
Ills nIape for making the tnd m Tho Jndrea. in
infarna Ain,v tI,.t p ha nnr ~ tLo r. @ .an
crro ho vii hnvo t,,c,,, -a,,te.a ~ ~.
W. ae1eo ~ VIZ tssu 1ag.t ienaose4 auu tnat Ap
nas ettptoyaa Noan Dasle. OF Nc" 1ofk, antt
noaasus J W. ngnhto, ote.Atst anu mat
~ co9'a naso eo'' t*'!1cA 1emosea II ho
~. uusssu..' ,.ssss..' n.,,
@'''1 .HLs =. 49,, auS s 80 n.1 AMI ~ fAoH.
1r y,u,sr r + n 49, ". .s - A.. r.,-
-; -; saIs -: .t1oi on1 aous ~ tse AAaltuahn
oi Tue NoHnttso i! On Tulo'en Aoias1ona an ex- /,
plhnhtlon or Williams hlll1ms N, ana ltubaeye dis