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Show More liln Srisi IVom Jiiu '(low tho Sfheme was FloaU'd. Washington, 29. Jus. S. Lyon continued his testimony before tiie house committee on foreign atlairs, in regard to tiie Emma mine scanelal. He said, among other tilings, that General ScLenck received ;JuO shares in addition to the 500 previously owned by him, which sold for i'J.'I a share, or 3 premium alter the quality of the mine hael been mag-n mag-n i fi ed , Professor Sil 1 i m an was at C.U T..L. Uxf will. Willi.vm fin English director of the Emma mine company. Stewart left the senate in the winler of 1S72, ard soon thereafter there-after the famous telegram signed by Sillitnan, Williams aud Jiussey, was sent Lo London, representing that : large beds of ore had been discovered at the Emma mine. This was con-1 sidcred very remarkable. The new discoveries were represented at S.OOd tons worth $2,000 a ton, or SlO.OdO,-OOd. SlO.OdO,-OOd. Witness related that in a conversation between Park and himself, Park Baid it was hard for General Schenck to live on $17,000 a year. Ho had to buy dresses for members of his family which cost $700 apiece logo to Queen Victoria's drawing-room, and tho dress could be worn only once. Park did not blame General Schenck for wanting to make money. At another time Park said ho was going to have a little gamo with the general, who was a good poker player. Witness testified that Albert Grant, promoter of the Kmma mine speculation in England, informed him that he gave Senator Stewart 2,000 shares of stock to become a director himself, and assist in getting Schenrk's name on the board. Park informed witness that Fisher of Vermont, an intimate lnend ol hi;, owed General ftchenek 3,000 sterling for services rendered in a land grant which perhaps was disposed of in Holland. Park wanted Schenck to give Fisher an opportunity opportu-nity to make something, and Schenck afterwards said he found Fisher a :very valuable num. Fisher wrote articles for the London Mutiny Journal, paying very large prices for their publication, and they were extravagant ex-travagant in praise of the richness of the Emma mine, and of a most extraordinary character as to misrepresentations. misre-presentations. On June 4th, 1S72, the Emma mine literally caved in, or collapsed, and hns not since been repaired. W hen Stewart was asked how they could satisfy the English stockholders ; for nou-productiou of fire, lie replied that was easily managed. They could say that the snows of Utah were so deep a"s to prevent hauling, but they could make up for lost time during the summer. Park wrote lo Anderson, connected with tlio company, com-pany, on the 29t.ii of July, 1674, after bis return from Salt Lake city, that while he expected to see in the Emma- mine large beds of ore, the sight of tlie-m went fiir above his expectation?. ex-pectation?. There was no report concerning the vast production of the mine but what fell far thort of the truth. On such false representations tl.fi cdirk f r rnisi'inir-nff ad vanced. Tiie committee have summoned ex Senator Stewart, who is now in California, and T. W. Park, who is in South America. T- e committee will examine in a d iy or two the ttstintouy ol Gen. Schenck taken in England. |