One thing was evident to the whole world at once, namely, that if the new association should succeed in buying the Arctic regions, those regions would become absolutely the property of America or rather of the United States, a country which was always trying to acquire something. This was not a pleasing prospect to rival governments, but nevertheless, as has been said, the different States of Europe and of Asia not neighboring to these regions, refused to take part in the proposed auction sale so long as its results seemed so problematical to them. Only the powers whose property touched the eighty-fourth degree resolved to make their rights valuable by the attendance of official delegates. That was all. They did not care to buy even at a relatively moderate price land the possession of which was only a possibility. In this as in all cases insatiable England gave orders to its financial agents to make an imposing showing. The cession of the polar countries did not threaten any European trouble nor any international complication. Herr von Bismarck, the grand Iron Chancellor, who was yet living, did not even knit his heavy brow. There remained only England, Denmark, Sweden, Norway, Holland and Russia to be present and make their bids to the Commissioner of Baltimore, against those of the United States. It was a difficult matter to fix prices for this polar earth cap, the business value of which was at least very problematic. Their main reason for presenting themselves at the sale was that some advantage might accrue to them. Sweden and Norway, proprietors of the North Cape, situated beyond the seventy-second parallel, did not conceal the fact that they thought they had certain rights of proprietorship on these vast lands which extended to Spitsbergen, and from there to the North Pole. Denmark said that it had already in its possession islands and fiords on the line of the polar circle where their colonies had been founded, such as Disko Island, in the Davis Channel; the settlements of Holstein, of Proven, of Godhaven, of Uppernavik, in the Baffin Sea, and on the west coast of Greenland. Besides, did not the famous navigator, Behring (of Danish origin, although he was then in the service of Russia), in the year 1728 pass over the channel which afterwards carried his name before he started again, thirteen years later, and died miserably with thirty of his men on a little island, which also carries his distinguished name. In the year 1619 did not the navigator, Jean Munk, explore the east coast of Greenland and discover several points formerly totally unknown? Therefore, Denmark had, she thought, undisputable rights to be proprietor of these regions.