The Rutland daily globe. [volume] (Rutland, Vt.) 1873-1877, 1876-04-08
from Washington National Republican,
Minister Schenck and the Emma
Mine-The Lyons Share.

pHpct anu lnc CODnucnCe OperatOr, Juiilcb
Elias Lyon, cali the emma mine swinde"
Ever since Lyon sold out the Emma at his
own price he has been denouncing 1t rs a
swlndle, and ever since Trcnor w. Park
has, as an owner of Panama railroad stock,
inierfered with Jay Gould's Union Pacific
railroad profits, by cheapcning freights be-
tween Asia and the western world, Gould's
paper has been shocked at the innocent
participation of Minister Schenck in lc-
climate mining enterprise, in which Park
was interested. The charge has been made,
and persistently reiterated, that the Emma
mine was worthless, and that Minister
Schcnck degraded his position by lending
his name to its managers rs director. If
the mine was worthless, and had been i'm
posed upon the English public by the aid of
Mr. Schenck's name, he knowing it's real
character, the charge would be well
grounded. Ex-senator Stewart has been
fearfuly abused, also, promoter of the
| alleged swindle, and as an unfsithful at
| torney to the man Lyon. AT last, presum-
lag on the silence so long maintained by
Schenck and Stewart. q partisan house of
representatives thought 1t would be O fine
thing to loan to the before mentioned Lyon
a standing committee of the body to invce-
tigate and report whether the Emma was a
u sNluulC anu MI. CtutuCh " SMIuuitt.
With the latter gentleman 10 London at
tending to his official duties, and Stewart
in San Francisco attending to a lucrative
law practice, the brazen-faced Lyon came
on to Washington, and, being sworn as a
witness, read q mass of falsehoods, which
were eagerly sent cut to the world by tele-
graph as the true story OF the Emma mine.
| Having no fear that the persons attacked
| by him would think it worth their while to
reply to him or put in any appearance
before the committee, Lyon INDUCED
HIS lying propensity TO its utmost.
and represented Schenck, Stewart and
Park az three rogues, who had
robbed certain Enelishmen by selling
them mine known by them TO be worth
less. True Lyon swOre that OF the swag
thus fraudueully obtained he got Si200,00O
and now his letters 10 Stewart, placed in
evidence, show that the whole animus of
his present campaign was to get $500, 600
more But yet he labors to convince the
world that the whole thing was swindle
That is to say, Lyon failing TO get $780,
600 in addition TO 100000 already paid
him, for an interest he never owned, says
We we're all swinders and Park and
| Stewart only gave me 5000 900 for my
slare of tue proceeds of the worthless
mine. This is exactly his position.
But the evidence shows that the Emma
mine was very rich, and that all the prac-
teal miners of Utah declare that it is the
center of vein which is now producing
between three and four millions annually,
and which improves as the work goes
deeper Tunnels run under the old works
of the Emma Cir violation of its rights,
which its managers fail to assert,) demon
strate that its richness increases, as witness
the productions of Equitable and Bay City
tunnels. So far from the NINE having
been sold on the representations of Stew
art, Schenck and Park. it was sold on its
own ores shipped to England and the re-
ports of three sets of experts sent by the
English purchasers to examine the mine
before buying The English purchasers
| divided 100000 in thirteen dividends, and
over s 100000 more was sqnaudered 10
salaries ard prohigate management For "a
year after the sale to the Englisbmen the
stock remained above par, and all reports
were good After year "fault" was
struck IN the mine, OF which the bears,
under Lyons lead, took advantage, and
managing to foist confederate upon the
company as superintendent, they had
things their own way. This worthy,
whose name il Atwood, declared that he
had reported against the mine once, and
that the policy was to stop work, find no
| 49, "ao .-a s-u .ho pa. ,iSe "iU nad ouiu
the stock for the money invested on the
ground of fraud. Thus, by base and
audaclous conspiracy a rich mine was
pronounced worthless, and the conspir-
ators were able to destroy its value on
the market, for the reason, as Just stated,
that the superintendent of the company
was himself their tool. TIE object
OF all these proceedings was to blackmall
the vendors of the mine. Lyon never
moved without first demanding money of
the men he sought to injure. He has been
shown during the present investigation to
have perjured himself, and, before 1t ia
| concluded, cloud of witnesses from all
the places be has hitherto infested will
swear that his general reputation is that lie
| is not to be believed under oath. He
swOre in 1870 that he had no property
whatever. But in another court he swore
that he was the owner at that very time of
third of the Emma mine, and that his in
erest was worth half million of dollars.
When asked day or two ago in the com
mittee, how he reconciled these conflicting
statements, both made under oath, he cool
replied that he must have forgotten that
he owned in the Emma mine. The truth
never did own any interest in the Emma
mine until he forced himself in by OBJ
structng the issuance of United States
patent. By filing bis protest as contestant.
lie once agreed verbally with the original
locators of CLAIM called the Monitor, that
he would advance necessary funds to aid
in perfecting it. He says that he did &C.
cordngly advance seventy-fye dollars
The locators (Woodman and Chisho!m)
say that he advanced only twenty dollars.
He refused to go on under the agreement,
and did no more for them. They discov-
cred new lead ard called il the Emma.
Then he trumpel up an adverse claim
under fraudulent administrators sale,
and upon that brought suit and sought an
Injunction. He attempted to bride Judge
Mexican, and of course failed He then
employed Stewart and IIillyer, and repre-
sented to them that he had kept his con-
trast with the old locators and was an
owner with them. He told them that
Judge Mexican approached him corrup,ly,
which afterwards proved to be a base false
hood.
His protest at the land office against the
issuance of the Emma patent was really
his only stock in trade. Stewart and
Hillyer, persuaded by his representations
that he had some rights, and unable to get
trial, obtained compromise between
Lyon and Park (then managers of the
Emma conditioned upon the issuance OF
the patent, which would necessarily follow
the withdrawal of Lyons protest This
compromise WAS optional for money or an
interest in the mine. At Lyons urgent
solicitation Stewart went to London with
Park to sell the mine The time came to
decide whether Lyon would take money or
retain an interest. Stewart was his aitor-
ney TO act, but declined to take any re-
sponsibility. He telegraphed Lyon to come
to London, and Lyon went. There he fix |
ed his own price for all his claim at $780,
600, which was paid him. Stewart having
returned to America, Lyon threatened TO
sue Park for more money and to accuse
Steuart of snllinar him ont q n atto..e.. ~. |