The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-03-30
BY TELEGRAPH
TO THE
WHEELING REGISTER.
Associated Press Report. by Western
Union Line, office Northwest cor.
Of Main and 18th SITS.
DOMESTIC NEWS.
Poker Bob Before the Committee
.a- Again.


WASHINGTON, March 29.-Genersl
Scbenck resppeared before the Commit
tee on Foreign Affairs to-day. Abiding
70 the writ served on him just previous
to leaving London, he produced note
from the law firm stating that they had
served it under the impression that he
had resigned, apologizing for the mis-
take, and asking him to consider the pro
eeeding abandoned. In answer to the
remark that it had been said he lett Eng
land without taking leave of the Queen,
Schenck explained that he came home
on leave of absence, but not knowing
his status, he did not known whether he
would return to London. The usual
note was sent to Lord Derby, stating that
as he was leaving suddenly, he was
not able to pay his personal respects, and
that he had left the legation in charge OF
Col. Hoffman. 1t WAS usual that the
resignation of Minister took etfec. on
the appointment of his successor, and as
his successor had not yet been appointed
he supposed he was still Minister, but on
leave of absence be left London for
Washington for the sole purpose OF ap-
pearlng before the committee and ex.
planning the transactions between him.
self (Schenck) and Park on the shares
and notes. Sehen"k said Park insisted on
allowing him balance of over 5000
pounds rs interest to which he was ent-
tied on the purchase and sale OF stocks.
Schenck refused to receive any such
credit, and insisted on paying
or settling in some way as best he could
out of his means the balance of the note.
This was done by the payment OF about
81, ZOO 10 cash and by throwing over to
Park certificates of paid up stock on the
Vermillion Coal Go. of Illinois, Nation
al Insurance of Washington and in
other companies to the amount of $32,-
600 and the promssory note OF Mr..
Woodruff for $1,000 more with the right
to redeem the stock in four years.
Hewitt interrogsted Schenck closely as
to the above settlements, calculating that
Schenck instead uf being out of pocket
was in pocket $500 by the transaction.
Schenck said he wished he could view
it in that light
Hewitt said he had proceeded carefully
in his questions, on the theory that
Schenck made bona fde contract
with Park, but the point re-
mained why Schenck, having
turned over his property to Park, should
continue to receive dividends on it.
Mr.. Schenck explained his right to
receive the dividends, which were 81
100, on insurance and coal stocks, to
continue for four years, within which
time he had the right TO redeem the
stock, paying both the principal and
interest.
Mr.. Hewitt said the suggestion WAS
still open; that at the end of the four
wears the stocks might be returned to
him by Park.
Mr.. Schenck replied that Mr.. Hewitt
might as well say the same as to the
mortgage of his house in Washington.
Mr.. Hewitt remarked that he never
knew mortgageto to collect rents, unless
for his actual protection. Mr.. Schenck
understood that man might draw
the interest on mortgage stocks
as well as on mortgaged
house In answer to the question if
while Park was bestowing favors it had
occurred 10 him he was acting in order
to secure his influence in the Emma Mine
transaction, Schenck replied it never
so occurred to him; he believed Park to
be a liberal ami generous man, and having
been instrumental in bringing him INTO
the Emma Mine, he was desirous Of
assisting hiuI out. He had no doubt
Park and the others would have been
glad to have him serve rs manager or
director, as long as he Schenck did not
offend against pubic propriety. He be-
lieved he had right to buy and sellany
kind OF property, whether as minis.
ter, member Of Congress, or
occupying any other capacity. II would
not, however, De commendsble to go into
the stock market
Mr.. Schenck said ne had made a mis-
take in becoming q director, ana this
gave more concern than anything else.
He might be obtuse, but he could not
see where he had committed a moral
wrong.
Mr.. Schenck, in denying the state
ments Of Lyon, whom he had seen
but once submitted letter to him from
Harry Britt, of London IN which he
wanted to know if James Z. Lyons, now
doing business in New York, is ideLti-
cal with Jas. L. Lyon, OF Wisconsin.
who became a bankrupt in London in
1874.
The committee adjourned till Mon.
day.
nhio RenubIicnu Convention.