The reader may imagine how this communication was received by the public at large. Most people considered it as an absurd idea. Some only saw in it a sample of characteristic American humbug. Others thought that the proposition deserved to be fairly considered, and they pointed to the fact that the newly-founded company did not in any way appeal to the public for pecuniary help, but was willing to do everything with its own capital. It was with its own money that it wanted to purchase the Arctic region. The promoters did not try to put gold, silver, and bank-notes into their pockets and keep them for their own benefit. No, they only asked permission to pay for the land with their own money. Some people who claimed to know said that the Company could have gone to work and taken possession of the country without any further ceremony, as it was their right as first occupants. But that is just where the difficulty came in, because until this time the Pole seemed to be forbidden ground to any one. Therefore, in case the United States should give possession of the country, the Company wanted a regular title to it without trouble about the matter in the future. It was unjust to blame them in any way, as in such an affair too many precautions cannot be taken. Besides, the circular had a paragraph which provided for all future chances. This paragraph was capable of so many interpretations that the exact meaning of it could not be rendered even by those who studied it closely. It was stipulated that the right of proprietorship should not depend upon any chances or changes in the country, no matter whether these changes were in the position or climate of the country. What did this phrase mean? How could there ever be any changes in the geography or meteorology of a country like this one to be sold at auction? "Evidently," said some shrewd ones, "there must be something behind it." The commentators had free swing and exercised it with a will. One paper in Philadelphia published the following pleasant notice: "Undoubtedly the future purchasers of the Arctic region have information that a hard stone comet will strike this world under such conditions that its blow will produce geographic and meteorologic changes such as the purchasers of the Arctic region will profit by." The idea of a blow with a hard stone planet was not accepted by serious people. In any case it was not likely that the would-be purchasers would have been informed of such a coming event. "Perhaps," said a New Orleans newspaper, "the new Company thinks the precession of the equinox will in time favor the conditions likely to lead to the utilization of this domain."