“I have twenty kroner,” said Harald.

“I have only fifteen,” said Baldenak.

“Well,” said the Major, “it is evident that the profit in this matter will be yours, for all I have at my disposal is the miserable sum of thirty cents.”

CHAPTER III.
THE NORTH POLE IS KNOCKED DOWN TO THE HIGHEST BIDDER.

That the sale of the 3rd of December should take place in the Auction Mart might appear strange. As a rule, only furniture, instruments, pictures, and objects of art were sold there. But for this curious departure from the ordinary practice in the sale of land a precedent was discoverable, as already a portion of our planet had changed hands under the hammer.

A few years before, at San Francisco, in California, an island in the Pacific Ocean, Spencer Island, had been sold to the rich W. W. Kolderup, when he outbid J. R. Taskinar, of Stockton.[[1]] Spencer Island was habitable; it was only a few degrees from the Californian coast; it had forests, watercourses, a fertile soil, and fields and prairies fit for cultivation; it was not an indefinite region, covered perhaps with sea and perpetual ice, which probably no one would ever occupy. For Spencer Island four hundred thousand dollars had been paid; for the polar territories it was not to be expected that anything like that amount would be forthcoming.

[1]. See “Godfrey Morgan,” by the same author.

Nevertheless, the strangeness of the affair had brought together a considerable crowd, chiefly of lookers-on, to witness the result. The sale was to take place at noon, and all the morning the traffic in Bolton Street was seriously interfered with. Long before the hour fixed for the sale the room was full, with the exception of a few seats railed off and reserved for the delegates; and when Baldenak, Karkof, Jansen, Harald, Donellan, and Todrin had taken these places, they formed a compact group, shoulder to shoulder, and looked as if they were a veritable storming column ready for the assault of the Pole.

Close to them was the consignee of codfish, whose vulgar visage expressed the sublimest indifference. He looked the least excited of all the crowd, and seemed to be thinking only of how he could most profitably dispose of the cargoes now on their way to him from Newfoundland. Who were the capitalists represented by this man, with probably millions of dollars at his command?

There was nothing to show that J. T. Maston and Mrs. Scorbitt had anything to do with the affair. How could it be supposed that they had? They were there, though, but lost in the crowd, and were surrounded by a few of the principal members of the Gun Club, apparently simply as spectators and quite disinterested. William S. Forster seemed to have not the least knowledge of their existence.