NEWFOUNDLAND: $100,000,000 Asked

The question that the Canadian Government was asked to decide last week was: Is Labrador worth $833 a square mile? The Government of Newfoundland thought it was, and Newfoundland sorely needs the money.

Newfoundland's serious money troubles started in May when Premier Sir Richard Anderson Squires darted from Montreal to New York and back to St. John's unable to sell a bond issue. The rumor started that Sir Richard was willing to sell about the only unmortgaged property of the Colony, the Territory of Labrador.

Labrador (see map) is a vast and draughty triangle...

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