Evening journal., 1916-12-14

road Company as manager and chief
engineer. He said he made a greater
study and greater examination og the
interior OF Peru than any man who
ever lived. during that study becom-
ing acquainted with the natives and
learning TO speak Spanish
AS the result OF HIS studies OF con-
ditions in Peru, McCune said he had
become convinced OF the vast wealth
of minerals contained in the soil of
the country.
Mccune on the Stand.
When McCune took the witness
stand again at the opening OF the
night session he read aloud excerpts
from Eve books by mining authorities
and several engineering pamphlets
prepared by the Peruvian government
tending TO show that there was gold
I'm considerable quantity along the
Maranon River and particularly IN
the vicinity OF the Peruvian Explora-
tion Company's holdings
The witness laid stress on passages
which tended TO show that the Incas
had Inhabited this portion Of the
country.
When questioned by Mr. Wise the
witness testified that he had studied
al these books prior to 1912, and had
made frequent expeditions through
that section. He further said that
the reason he did not talk about the
gold In the country for some time az
ter his return was because he wished
to make sure that the railroad would
get its concessions IN order that the
territory might have ready freight
transit
He said he was talking with an en-
gineer in Whitehall Club. New York
when he saw Mr. Miller whom HI
D. had not seen before for some time.
The witness said he told OF hil
study OF mineral deposits in PER-
which he believed would become val
Z liable. He said that Mr. Miller be
came interested and a number O
e meetings followed. He said Mr.. MI
9 Ter expressed his willingness 10 3
G into the matter and invest some q
his own money. believing he could &c
q additional funds from business assc
G. ciates
. lie said he told MT Miller tina
. while studying the drainage Of
a river In Peru, native brought int
. his camp some nugget gold which h
). purchased and prevailed upon him {
/, take him to It's source. he too
e some natives he had working for hin
q and went 20 that section where b
2 made a few preliminary tests an
which were the basis OF his belief
for enormous gold values
, Referring 10 his talks with Mr. Mi
d, Ter he said he had told him that S5l
, coo would be necessary to finance a
expedition TO the section Of Peru. II
, told OF Miller inviting him to come {
, his apple farm IN Sussex county, thi
. State. Returning he said they me
former Judge David n. Marvel,
whom me- told what he had previOusl
= told Miller Re said Judge Marv'
. told either Miller or himself that h
q would Ike to have them talk over tn
y matter I'm his office He and Mile
Z, came here and Judge Marvel said h
y believed that there We're men in Wi
mington who would be glad to go int
a the project He said Judge Marv'
'- mentioned several local men, pr
" marily John j. Raskob and Generi
IS dupont He said Judge Marvel sal
l. n Raskob would go into Il they coul
n get all the money they wanted
y He said Mr.. Marvel called Mr.. Ra
e kOh. whom they met and later n
,- latter promised 20 call meetin
which was held I'm the dupont bull
,- ing and attended by Mr. Raskob NJ
~ Covne Judge Marvel and others Il
\ told those present. he said, OF his b
!, lief IN the Peruvian proposition an
=, n'sl said a plan was unfOlded q
" financing the scheme He said u
y 5l. 600 was TO pay the expenses
. '- ovno1it'0n. He was 10 make
study OF an mineral proposition he e
- runtored and was TO get titles If pC
" bic II they were considered Of valu
He was asked about the amou
n subscribed and said about $50
D. was subscribed in addition 20 Viii
n Mr.. Miller subscribed.
IN The witness said he was 20 get
ar ner cent. OF tho stock OF the Peruvii
Exploration Company, but which W
w to be held up until he could acQui
is title 10 q property which he Cons
C. cred worth 100000.
p McCune said he had stated al [