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Show An explanation ia made by Mr. Reverdy Johnson of ilinister dchenck's connection with the Emma mine. Mr. Scheuck went into it originally under the impression impres-sion that it was a legitimate business transaction, lie agreed to purchase )0 sharea at 20 a share, and Mr. Park advanced him the necessary, money as a loan, taking the shares as security. The tamo dividend was paid to him as to other stockholders. Ho became a director thirteen months after buying the shares, but ', held the post only for a month. He repaid the loan to Park, parting with , nearly all his property in order to do that; lie still holds the stock, and, of course, ia,a great loser by it. This statement puts the affair in a better light for Mr. Schenck than previous one, but there is little doubt that bis name us a director was what Park wanted, and if he was shrewd enough to obtain it in the way stated by Mr. Johnson, still holding tho minister responsible for the loan, he is not a bad engineer. |