National Republican. (Washington City (D.C.)) 1872-1888, 1876-04-22
CAPITAL TOPICS.
IContin.sd from First Page.)

tervards Brega increased it to fifteen per cent.
when the contracts became large. Witnessasked
fussd on the ground that money had been ex.
pended in such way that the transactions Wouid
mo- ae Il ha Re
know about that. Witness never had anything
70 do with the matter since then. Had not seen
S SoS mSeS money he got By the lac. that VASE Sas
ington 9. FAINT frequently gave him the crafty
ing intelligence that therewas money 70 his credit
anything Bresa said regarding the amount re,
eeiyed by him, but that Mr.. Fants books would
show the exact Ss amount; He did not know Of
10 believe that something strange. had
tsss there was ,o%eng wrong n he matter
and that he was going to get out OF 1t. Witness
said General INGALLS, vas opposed to the process,
approved the Covles process Witness believed
II to be good process. Congress, at its last ses
IN bii against their use, but some e had
tiaed General Carried Of the fraud at The same.
eral Garheld's telegram and letter did not In
volye any action that was perfectly proper. On
ments ntesess Witness believed he I sOs ABOUT
$4,000 year.
Proposed Reorganization Of the Board Of
Health.
A delegation Of physicians of this city, repre-
sentfng the Medical Association, consisting OF
Drs. Garnett, S. c. Busey and others, had q hear
ing before the House District Committee this
morning, in favor Of bill prepared by the physi-
clans of this city, aboshing the present Board Of
Health and substituting one of a somewhat differ
ent plan less expensive, and one which will, they
think, be Of more real service. DR.. Garrett
argued that the whole expenses of board of
mum, while the present Board Of Health, in their
estimates to Congress, ask for $4,000 to run
them for the next fiscal year. He thought they
and showed from the last annual report OF the
Board of Health that for the last ten months of
were for salaries. Several members are the
opinion that the members Of the Board Of Health
should not receive more salary than the Fire or
num-though up TO the present time the men,
bers ofthe Board Of Health have received ten
committee sim have the matter under eOnsllera-
ton. gg1
Emma Nine. .rE
Before the Committee on Foreign Affairs to-day
Judge Poland, who as counsel for Mr.. Parke,
went to the Land Once in Washington to sec to
the issuing of the patent for the Emma nine tes-
tilted that no money was paid for the patent other
than twenty-five dollars to a clerk for extra night
and Hilfyer, who withdrew the protest Of Lyon
against the issuance Of the patent.
Professor Clayton, whs had been employed to
Emma mine was in the general zone with other
mines now being worked, and was n true silver
bearing lode, conforming to the stratifcation of
MI. Parke, having been recalled, said that from
the first time he heard Of the mine up to 1873 he
other person who visited the mine, give an unfa-
In reply to question asked by Mr.. Springer, as
to what amount Of money the witness realized in
his stock speculations in London, from the Ist of
October 1871. up to the present time, the witness
sa sg DSug sSa share Of stock n
by the directors and the public. On the 18th Of
May, IsT2, seven months after the sale Of the
tons with his agent, Mr.. eager, to buy stock
when low and sell when high, on his own judg-
ment The witness never sold a share of stock
short. By the purchase and sale Of stock in 1872
the amount Of G16,I00 was realized. According
to his understanding General Schenek was entf-
take more than Ell ,sei. General Schenck was in.
teEssted to the amount Of 2ss shares.
General Sehenek read statement, as follows:
the Emma Mine Mining Company and all his
interest in the company's stock: Received from
d sse 70
Received profit on three hundred shares of al.
lOtted stock $1,000. This was put up as margin
ceived from sales by eager ELSA. This was
credited on Parke's note. Received commission
on five hundred shares refunded by Grant to
on note to Parke. Received Woodhull's note on
settlement with him. This was assigned to Parke
on settlement OF his note. Thus the above re-
ceipts and benefits are accounted for without any
OF them coming into or remaining In the hands Of
Schenck. Cash and stock actually paid and as
signed by Schenek, not derived directly or indi-
rectly from Emma Mine: December II, 1872 cash
paid on note to Parke, $500, say u, 500. May Is,
1sT4 cash paid on note to Parke, q, 100 Coal in.
surance and other stocks, at same date, to Parke,
$1,000 May, 1874, to McCulloch Co., $4,000.
Schenck has received dividends and holds stock
as follows: Dividends, Thirteen months, near 1871
and 1872, Is 500; four hundred and seventy-ve I'M
paid shares 5000; total, I'll, 500 leaving clear
loss, as nearly as can be estimated and ascer-
tanned, Of ~ 200.
The examination Of the SUBJECT is now closed,
with the exception Of the reception of certain pa
pers from London in connection with il, and the
committee adjourned until next Tuesday week.