, 1876-03-29

for most full fnFaasiHauon T H. For that 1urpofet
p.rsr, viii setion bid beeu taken. I'D 1t ones
tr.n..e:aa 4 question: vhiea p:oross = make, ~
f. a' ~ .s s.us 9. e. s s na i. sss:; % #
the ..ls Of it. I ooukh. snd paid for Tho sb.rs,
s,, IL, Ill., e. I'd cees sss s.v, sses;.
@,st, .sd Intended . shox that q t: ,a,u.,
tner interest lad been ao.d md psI for totne them
tss & tho
snLsugaens failure Of tho mine VA owing 10 m.man.
IN T. % II IT, mia.
va claimed or supposed 10 b, .hnd anally.
III. 70 ~ - + taow Or bsl'sys, ths
p ths original purchase have nerez claimed
n;,,,t any trand q inIposluon wa .practleed
h.so sousht nee H. .es
psren to At os' a5a ri. Bs1s s;of T
:s I'D .hs' tho eH';pce canno. u presented exeer.
.hIboush Ibansa. mffn' r. tpoyea 9 judicial
INT sequ.ne .h bs e.se .ubee Il
to .sS 9,Ss5 en1
sslss. i p ;ush ds.1e5 I'd ,pe.isss ,af'
t' II naf'y yo ,,n5 3t;. !. H.
W1F}t Alu W0ulu tEuQ ID QLAClEe Tia ttH{h
fore 10 re.ee.tny reqne. of Tho com'ntse tut iiS ths
usual prsilehe o assissance Of proper counsel nsy b
accorded wo!l for tho a.exstinattou Of Wit
who taye testified against me, for tho exa,n-
inssion Of those whom desrn 70 produce. Should
1cannot doubt they will, viii 10 ready 10 proceed
With Tho cEosaexatnina!ou Of Tho ~1tntftcs, my
strab!e. nin, gentlemen, sesy respectfully,
KouLa1 c. bcurScR.
hfr. Faulkner raid that Iii. schcnok m,atook.
It was tts lutontion OF the Committee to lnyita
him tn appear boforo tho Conrn.ttco.
Mr. Swami also rnnetkcd that the Committee
would giva A1r. schenck every facility with the
aid Of counsel.
sc11ERcK'a b7on:.
air. Schonca then EnTa 4 lircntnstantaat nc
count OF Ills connection with tho Elnmn Asino.
After few preliminary remarks, Mr. 6chenck
ea,d that in October, 1871, he mot. at Edwards
Hotel, in London. ex-senator Stewart aud Mr.
Park. It vns at tue tab1o OF William II. EyAstB.
uf New York. IIo wns not sure whcther it WAS
nt the table. or at subsequent interview, tha
Stewart said sometbinR about tho purpose and
Informed him that lie and Park wero Interested
In tho property Of tho Emma Mine, and were do
si1oas OF 1,uitlng the stock on Tho Engl!rh insr-
kot. and they wore then engaged in negotia-
tons. In making this communication 10 him.
oither at tho dinuor-tablc or htterwArd, lis NJ
tontion waB directed to what Btewar. called tho
Little Cottonwood Canon, in Uthl. 1Io repro
sontod that whom at tho Land-Oflco at WASH
ingtou, Just before ho left tho United Staten for
Lotitiop. calEng there for tho purpose Of cIoct-
Ing TIC pi om0tion Of = clerk, the Commissioner
exhibited sone
1fCH SILVER o1E .
which Was found Ia tho Little Cottonwood
Canon. NevcrspE to his soiousn in I.opdon
ald " hts there having met Fark for the tjrst
time, aud a!tor hearing of tIe object OF tue
visit Of Ssowart aud Park, and thcir conyersa-
tion ~ to tho valuo Of the p.oporty. tho aur.
geBtion yas first mads by Htowart TO Schenck
tin. the latter ought to 6ccorue interested ia
this valuable property, the tineHt yet brought
Gus. Hchcuck answered that ile had 10 means to
matter unless he could coneideraby add to bjB
lncomo by taking q copaiJerablo numbar Of
Rharcs. This led to a couyorrat1on which in-
crsased lila insorcnt o., the abipct, lie copsout-
od to look into tia mattor to $50 whotlet It was
wo.th bis while 10 invest, provided ho could ob-
ta!n the meana lie thought Stewart waa ex-
cecllngly anxious Ito should hayo an oprortuni-
" to profit In thu business. lie told BIN
lseL,eanea) ,a That Park would sasiat lin, and
GIVE ui,l TIME
II lo uon!d tako 5o1 aha.es, or make m Invsst-
Hent Of Aoluo dogtco OF importance. SchoucI
wished 10 kno" tho |h!uo Of tho property. They
gave hlm diagrams OF tho msnc, and showed
him etasemeu.s Of thu working operations.
sales Of Ht0ros at Luudon, Liverpool, aud
swauaea, aud the balance In bank. They also
told him they had a report on tho mino from
Prof. silliman showing tho value OF tho
niue. 4 day or two aftor tho conversation they
hhowel h,nl SillIman'a report. md scheuck
| finally maIo up hts mind to invest IN the miuo
II Park would Let him Aayo tho money Oh time,
Eay for ycar. rnrk having many shares 1hia
matter naB settled between lark aud himself
abott tho lat OF November, when their Ag1eo-
| lu:nl naa reduced to writing aud executed. aud
1t Nus uot tue but uttosy f1lss that tic agroc-
u'ens Written or executed at auy time pr1or
to tho date 1t bore. Schenck then exhibited tho
AonEEMEsr Ton 800 snaHEs
Park promising 10 glvo Bchenck por cont +
month III the shares whilo thoy should 10 held
by him. Or tako thom back At pag. subsequently.
Al Parks re1uaat. Bchenok ngeeeti to reduction
to u! per cent schouck had givou his uoto to
lark for E10. 600 for thirtoe,l months. schonck
aud tho olinr Stockholders reco,red TX per cens
month. At tho timo ho mado this agreement
there Ind boen no organization OF lilo Company.
At tho tin.o Of its execution thofo waH no aug
gea.Ion wlIasoycr that he should hayo anything
to do With tlo management Of tho Company.
Afterwards, however, Park aud Stewart thought
Hchcnck onght to be opo or tho Managers or
Directors Of the proposed Company. scllouck
dsAeatod from this, but It was urged that tAev
uansod somebody solourning lu London
70 ruo1gcr THEIR INTERESTS