The New York herald., 1876-03-01
GENERAL WASHINGTON DISPATCHES.

WASHINGTON, Feb. 20, 1874
THE EMMA MINE OBSERVATION-DISCLOSURES
ALTON OF LYONS TESTIMONY REGARDING
GENERAL scHENcK's CONNECTION WITH THE
SPECULATION.
The Committee Foreign Affairs this morning re-
sumed the investigation OF the Emma Nine spccuIa-
tion.
Senator Morton appeared, and having beon sworn ut
his own request, made his statement
Mr.. Lyon then resumed his testimony from ycstcr.
day saying among other things that General schcnck
received 800 shares in addition TO the 500 previously
owned by him. which sold for f23 a share or CO pre-
MUM after the quality OF the mine had been magni-
fed. Professor SilIiman at Salt Lake City with
Williams, English director of the Emma Mine Com
pany. Stewart left the session Of the Senate in the
winter OF 1872 and thereafter tho famous tec-
gram signed by Sman, Williams and Huzzey, was
sent 10 London representing that large beds OF ore had
been discovered at the Emma Mine. This was consd-
cred very remarkable. The telegram was made public
on the morning OF tho 9th OF April, 1872 The new
discoveries represented 900 tons. worth
So 900 ton, SIG Ooo The witness related that
In a conversation between Park and himsof Park said
Il was hard for General Schcnck to hive on SIT 900
year. he had buy dresses for members OF his family
which cost $500 apiece to go to Queen vicora's draw
ing room and the dress could be only once.
Park did not blame General schcnck for wanting TO
make money At another time Park said he was going
to have little game with the General, who was good
poker player
The witness testified that Albert Grant, tho promoter
OF the Emma Nine speculation in England informed
him that gave Senator Stewart 900 shares Of tho
stock to become a director himself and to assist in
getting Mr. Schenck's name on the Board Parko in
formed the witness that Fisher OF Vermont an Inti.
mate friend OF his, owed General schcnck $4,000
sterling for services rendered In land grant which,
perhaps, disposed OF In Holland. Parko wanted
schenck TO give Fisher opportunity to make some.
thing and Schcnck afterward said no found Fisher
very valuable Fisher wrote articles for the Io
don Mining Journal paying very large prices for their
publication and they extravagant praise OF the
richness OF tho Emma Mine, and OF most extraord
nary character TO misrepresentation. on June a.
1872, the Emma Mine erallycaved In or collapsed and
has not been repaired.
When Stewart asked how they could satisfy tho
English stockholders for the production OF ore ho
replied that easily managed They could say
that the SHOWS Of Utah deep TO prevent
hauling, but they could make up for lost time during
the summer. Parke wrote 10 Anderson, connected
with the company on the oath OF July 1871 after hts
return from salt Lake City that while he expected
to see IN the Emma Mine largo beds OF ore. the sight
Of them went far above his expectations. There
report concerning the vast products Of the mine but
what fell short OF the truth. on such false repro
scntatlons thc stock, as a consequence, advanced.
The committee twelve O'Clock, took recess until
half past tive
The committee me, In the afternoon sna decided 70