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WEALTH OF ALASKA

U.S.A’S GOOD BARGAIN. LONDON, October 10. Alaska is year by year proving itself to be the biggest bargain ever made in a finacial transaction between nations. Bought from Russia by the United States in 1867, for what was then regarded as the extravagant sum of 7,200,000 dollars (£1,440,000), the territory last year exported gbods valued at 67,587,207 dollars (£13,517,441). Even so, Alaska’s assets have hardly been touched, its mineral wealth has yet to be exploited, and its vast forests are still untouched, declares Commissioner Jefferson Myers, of the Unted States Shipping Board.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GEST19291204.2.80

Bibliographic details

Greymouth Evening Star, 4 December 1929, Page 11

Word Count
95

WEALTH OF ALASKA Greymouth Evening Star, 4 December 1929, Page 11

WEALTH OF ALASKA Greymouth Evening Star, 4 December 1929, Page 11