Ashtabula telegraph. (Ashtabula, Ohio) 1874-1880, 1876-03-17

I Emma Mine scheme might provoke.
Until lately the statements which
Messrs. Schneek and Stewart have
been obliged to meet have been
rather general, though definite
enough to extort numerous contra
dictions from implicated persons.
But amest explicit and cireumstan-
tial acconBt,of what appears to be a
nefarious transaction has been given
TO the House Committee on foreign
affairs by James E. Lyon, of Racine,
Wis. This person, who says that
he was the original owner of the
mineral claim now known as the
Emma Mine, had a law suit with
certain persons who held adverse In
terests to bis in the silver lode where
the mine was situated. Senator
Stewart was Lyons attorney, aud
the case was tried in the United
States Courts in Utah. In the Sum
mcr of 1871 the mine had yielded
two million dollars worth of ore.
The rival claimants, with whom
Trenor W. Park was interested, pro-
posed a. compromise, aud Stewart
urged his client to yield, though the
client, Lyon, now processes to believe
that this advice was given in the IN
tereSt Of Park and his associates,
rather than in that Of Lyon. There
was a consolidation of claims, and a
new company, with capital Of FIVE
million dollars, was organized. Lyon
afffms that he has not yet received
/ MS proportion of the avails of the
consolidated property.
1t subsequently appeared that the
mine was worthless, and that the rich
body of ore taken from it was an
accidental deposit, or "pocket," F" and
that it was not a true .fissure vein.
it is declared that Stewart and 9TH
fers, who put the stock on the Lon
don Market, knew this, and that the
mine was declared by them to be
saleable In London for what it had
done, and not for what it would do:
Prof. Silliman, in areDort dated Oct.
I8, Il e7I, certifedto the great value
of the mine, which was described as
Zone of the. great mines of the world.
This mining expert, it is said, was
paid fifty thousand dollars for his
report, and Lyons testimony leaves
il doubtful as to whether his exami-
nation was fairly made, or whether
the mine had been s'fxed" before
hand IN order to mislead him. The
somewhat notorious Albert Grant
became the ''promoter" of the En-
ma Mine scheme in London, and the
prospectus of the company went out
under his supervision and with the
name of United States Minister
Schenck as one of the. directors.
Lyon says that Schenck received
fifty shares of stock, which were
guaranteed to pay twenty pounds
sterling per share, and that he, Lyon,
subsequently received from I. w.
Park in London, check for twenty
FIVE hundred pounds, with which
he was directed to buy five
hundred shares of the new stock for.
Mr.. Schenek. This witness further
says that he was told to use the
check so that it could not be traced,
and that he did so, and that he was
subsequently informed that nine
hundred shares of stock were sold
on account of Park and Schenck. In.
due time Schenck left the directory,
but it is alleged that his resignation
was kept private until the Market
demand for Emma Mine stock was
exhausted. The shares had a par
value of twenty pounds, they went
up as high as twenty three pounds,
and the London agency disposed of
-eightyIfive hundred shares at vari-
Gus figures. SIS . ha'H ias "
Added to this testimony, there is
a similar tale from one H. A. John
son, a consulting attorney of Lyon.
From these witnesses the history
of the mine and its sale in London
has been obtained by the House
Committed It is charged, among
other things, that there was a plan
to corrupt the United States Courts
of Utah, including juries and sur
bordinate officials, by distribution of
stock, and that Park and Stewart
were cognizant of the scheme The
name of Senator Morton, of Indiana,
has been drawn into this scandal by
a statement of Lyons to the effect
that Stewart proposed toseeqre the
services of Morton as attorney in
the Emma Mine suit, and for other
purposes. Senator Morton testifes
that when he was forced to the
conclusion that he was to be used
as an influential politician, to reor-
ganize the Utah judiciary, he declin-
ed TO touch the case. This assertion
isai cerreborated abyarLyon. The
grave charges which still remain
are these That the promotersrof
the enterprise, nof which. Messrs.
Park, Stewart and Albert Grant are
the most prominent, put the mining
stock onlthe London market, know
ing the mine to be comparatively
worthless; that Prof, Slliman's re
port vas EalpelessI thai Mr..
Schenck'sIpame was given to float
the stock, and for. a peouniaryr con-
sideration; that Mr.. Schenck was,
in effect, paid for the use of his
name, and that Stewart was also
paid for procuring that name. To
these allegations MBO Grant, Prof.
Silliman, and Minister ,Schenck make
point-blank denials, and Mr.. Stew
art desires to be heard in rebuttal
or explanation. Minister Schenck,
having obtained leave of absence,
leaves London for this country. His
explanations, 1t is to be hoped, will
efectually clear his reputation from
the grave charges under which it
now rests. ~ 7. Times.
1-,ai 5eol M ioa II e h