This singularity puzzled even the most eminently sagacious minds to be found in the United States. On the other hand, there had been such a sale in the past already. One portion of our planet had been sold in the auction-rooms with the help of a public appraiser to the highest public bidder. And this case had happened in America.
It was some years before, in San Francisco, Cal., an island of the Pacific Ocean, Spencer Island, was sold to the rich William W. Kolderup, who bid $500,000 in opposition to J.R. Taskinar, of Stockton. This island had cost $4,000,000. It is true it was an island which had inhabitants, only a few miles away from the coast, with forests, water, productive and solid, with fields and prairies, in condition to be cultivated, and not a vague wild region of water covered with eternal ice, defended by impenetrable icebe. . .
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