New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-04-10
MR.. PARKS PLANT GENEROSITY.
HE GAVE LYON TIE $4,000 TO PREVENT INJURY
TO THE sHAREHoGDERs--NoM NINE IN THE WORLD
MORE PROMISING THAN THE EMMA.

HE GAVE LYON TIE $4,000 TO PREVENT INJURY
TO THE sHARHHoIDERs--NoM MINE IN THE WORLD
MORE PROMISING THAN THE EMMA.
lGENERAL rRE-s DISPATCH.l
WASHINGTON, April 9.--Before the House
Committee Foreign Affairs yesterday Trenor ". PARK
continued his testimony concerning the Emma Mine bn'
hess in London. He testified that Lyons cvldenc" as 10
number of alleged conversations between himself and
Lyon was utterly false. lie had never had any converse
ton whatever with Lyon in Utah OF elsewhere III Ane
ca, except once for few moments NJ hotel in New
York City.
The witness with equal positivencss said that several
OF Lyons statements attributn9 to him certain remarks
i'm London about his own business wholly I'M
founded. In response questions, Mr. Park narrated Ill
detail the circumstances attendant on his ayment OF the
additional of $4,000 TO Lyon, and the reasons why
he let him ii after Lyon had received T15oooo Tor
all his interest. Subsequent to stewards return 10
America Lyon came to him (Pars) and threatened TO
bring suit against stewart and cnbarrass Parks opera
lions by tying up the stock in Court of Chanccry Park
told him plainly, that he aware this meant black
mall and asked Lin how much lie wanted. Lyon there
upon said he hal sold short 1000 shares of the Emma
stock and would ruined he did not get 10000. Park
reioned that he aware OF Lyons bad faith IN thus
eudoavoring bear" the market, &C. but in order 70
prevent legal complications and injury to the Company
shareholders, he promised to give Lyon $4,000 more
after he 0ark got through with his pending business
This he subsequently did taking from Lyon fun ana
formal discharge OF all claims against stewart OF INC
Emma Mine property, any OF the Company directors
In tho course OF his further examination Mr Park said
there had never been complaint made to him orpn'-
saed so far tic knew. there word IN the testl
mony any the original directors shareholders or
the Company charging hin with fraud or deception III
the sao o the nine II sold the favorable reports
of English directors and OF scientific experts selected by
the purchasers with whose examination OF tho mine he
NIr PARK had nothing whatever TO do In conclusion
he said that Of his information and belief the
only why the mine had ceased 70 be productive
were bad management and want OF exploration lie had
within .ew days received kilograms from salt Lake
stating that tho BAY city Company had run tunnel TO
point 200 feet directly under the old Emma mining
works and discovered large and valuable body OF ore
There had simply been fault" or break In the vein,
such as had been in many other mines on tHe
Costock lode ana elsev bore and by sinking lower the
ore WAS found again. Tic Flagstaff aud The Vallejo and
other mines extension OF the Emma lode were now
yielding handsomely, and he believed there II now no
| mine in the world more promising than the Emma
The Chairman. in reply to question addressed to him
by Gen SchoncAs counsel stated that the Committee
had not yet decided whether not further testimony
should taken concerning the present value OF the
mine. They would decide the question after receiving
from Gen Schorc complete list OF the witnesses he de-
| sired to be summoned. The Committee then adjourned
until Monday.