Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1876-04-21
From the Washington National Republican.
The Emma Mine.

has as an owner OF Panama rallroau STOCK, |
interfered with Jay Gould's Union Paclhc
railroad profits, by cheapening freights be
tween Asia and the western world, Gould 5
paper has been shocked at the innocent par
ticipation of Minister Schenck in leglti-
mate mining enterprise, in which Park was
interested. At last, presuming on the |
silence so long maintained by Schenck and |
Stewart, partisan house OF representa- |
tiyes thought it would be a fine thing to |
loan to the before mentioned Lyon a stand |
ing committee of the body to investigate |
and report whether the Emma was SWIM
die and Mr.. Schenck swindler. With the |
latter gentleman in London attending to
his official duties, and Stewart in San Fran
cisco attending to lucrative law practice,
the brazen-faced Lyon came on to Washing
ton, and, being sworn as witness, read
mass of falsehoods, which were eagerly sent
out to the world by telegraph as the true
story of the Emma mine. Lyon represent
cd Schenck, Stewart and Park as three
rogues, who had robbed certain English
men by selling them mine known by them
to be worthless. True, Lyon swore that OF
the sway thus fraudulently obtained he got
S2CO eco and now his letters TO Stewart,
placed in evidence, show that the whole
animus of his present campaign was TO get
$500 GOO more. But yet he labors to con-
vince the world that the whole thing was
swndle That is TO say, Lyon failing TO
get $500 600 in addition to $4,000 al
ready paid him for an interest he never
owned, says We were all swindlers and
Park and Stewart only gave me $500, 600
loT my share of the proceeds of the worth
less mine. This Is exactly his position.
Bat the evidence shows that the Emma
mine was very rich, and that all the pract-
d 4 10
centre of a vein which Is now producing
between three and four millions annually,
and which improves as the work goes deep
er Tunnels run under the old works OF
the Emma lin violation Of Its rights, which
its managers fail To ASSERT, demonstrate
that Its richness increases, as witness the
productions of Equitable and Bay City
tunnels. 50 far from the mine having been
soll on the representations of Stewart,
Schcnck and Park, 1t was sold on lis own
ores shipped to England and the reports OF
three sets of experts sent by the Engllsn
purchasers to examine the mine before buy
ny. The English purchasers divided $780,
coo in thirteen dividends. and over 81, OOO,-
COZ more was squandered IN salaries and
PREDICATE management. For year alter
the sale to the Englishmen the stock re-
NAMED above par. and all reports were
good After year fault was struck
ID the mine. OF which the bears, under Ly
on : lead. took advantage and managing 10
iui>t a confederate upon the company as
superintendent. they had things their own
way This worthy, whose name i Atwood,
declared that he had reported against the
nine once, and that the policy was to stop
work, find no more ore and sue the parties
y n0 had sold the stock for the money in
vested on the ground Of fraud. Thus. by
base and audacious conspiracy a rich mine
Was pronounced worthless. and the con-
spirators were able TO destroy It's value on
the market, for the reason. "a Just stated,
that the superintendent of the company was
himself their tool. The object OF all these
proceedings was TO blackmai the vendors
of the mine. Lyon never moved without
first demanding money OF the men he sought
to njure lie has been shown during the
present investigation 10 have perjurcd him
sell. and, before it Is concluded, a cloud OF
witnesses from all the places he ha- hitler
| To infested will swear that his general re-
| putatlOn is that he is not 10 be believed un-
der oath. lie swore in 1870 that he had no
property whatever. But in another court
| he sWore that be was the owner at that very
time Of third of the Emma mine. and that
his interest was worth half million Of dol
lars. When asked a day or two ago in the
committee, how he recOnclled these con-
hlcung statements. both made under oath,
he coolly replied that he must have forgot
ter that he owned ia the Emma mine. The
truth has come ont IN the testimony that bee
never dad own any interest 10 the Emma
mine until he forced himself IN hy 0hstr.ct-
ing the Issuance Of United States patent,
| by filing his protest asa contestant
His protest at the land office against the
issuance OF the Emma patent was really his
only stock If trade. stewart and Hillyer.
persuaded by his representations that he
had some rights. and lunable to get trial,
| obtained compromise between Lyon and
| PARK ttheu managers of the Emma) condi-
| toned upon the issuance of the patent,
which world necessarily follow with the
Withdrawal of LYONS protest. This com
proEnse was optional tor money or an in
terest in the mine. At Lyons urgent soil
! citation Stewart went TO London with Park
| tn sell the nine. The tine came 10 deciie
whether Lyon would take money or retain
| an interest Stewart was his attorney 10
act. but declined to take any responsibility.
| lie t1legrdphed Lyon to come to London,
and Lyon went. There he fixed his own
| price toy all his claim at $50. 600, winch
was paid him. Stewart having returned l.
| America, Lyon threatened to sue Park for
| money and 10 accuse Stewart of selling him
| out as attorney To avoid the mischief
| which such malicious suit might do TO the
| stock. Park without consulting Stewart,
submitted to Lyons matchmaking robbery
10 the amount of $4,000. From the re
ceipt by him of his Slj0. 600. Lyon led the
" bears" and conspired IN every way 20
destroy the Emma company. lie did not,
| however, in these operations at any time
| pretend that the Emma was worthless. In
ls74 he ran away from London to avoid
bankruptcy proceedings, which had been
| commenced. The same wear he stirred up
the English stockholders to sue Park. Stew
art * Baxter for fraudulent sale to them Of
a worked out mine. This suit was based
| sOely on a new and false construction put
| by him upon letter Of Stewart 5 to him in
| ISL. three years before. Stewart in that
letter recommended compromise, rather
than long litigation. at the end of which
| the mine might be " worked GU The
| letter was well understood by Lyon, and it
never occurred 10 him to put base con-
struction on it until he had been fighting
| the Emma for over three years. Before his
| deposition was taken to be used in this vii
| famous and malicious suit, Lyon gave Stew
| art notice that he could be OF great service
to him, and that he wanted $500, 600 more
OF the swag captured wiekedly, a. he de-
| clared, from the English dupes, in whose
behalf he was about to testify, unless stop
ped.
The committee seem to have started out
under the impression that the man Lyon
was a spotless gentleman, instead of a
spotted moral leper, and allowed him to put
the Emma mine on trial. as well as all of Its
| former owners. To their surprise. while
| Lyon was having it all his own way ,Schenck
| and Stewart came and refused to be longer
tradGced. They have compelled the respect
OF tie committee, and during the remain
| der OF the investigation 1t is TO be hoped
that they will be accorded at least as much
| courtesy as the adventurer Lyon. The com
| mlttee cannot hOnOrab bly, fail to report that
the Emma mine sale never was a swindle,
and that those who sold itnever were guilty
OF any fraud in the transaction that Lyon
got all that he asked and S5O,OC0 of black
mail besides that Stewart acted honestly
as his lawyer, and only obeyed Lyons ur-
gent wishes; and that Gen. Schenck's re-
cord as an honorable man is in no wise
tainted by his acceptance of dictatorship
to accommodate the company.
The latest matrimonial romance of the stage
Is rather more romantic than the average
run of these afdires de oqiT The leading
partner of a well-known and very wealthy
firm Of London solicitors, while enjoying an
evening AT a theatre, was smtten with the
charms of certain lady of the corps de BAL
let. Something happened. The Iich law
yer, not over young himself, but with in
tentions strictly honorable, obtained an in
PRODUCTION to the fascinating coryphee, and
very soon the acquaintance ended in mar
riage, he over sixty, she under twenty.
The handsome girl belonged to humble
family of eleven children, and by one of
those outbreaks of generosity which elderly