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Updated: August 6, 2026
The unsold lands were valued at more than L6,000 or nearly $30,000, and as the total cost was L764,500 or about $3,700,000, the direct loss to the state, exclusive of interest on the capital expended, may be stated at L100,000 or something less than $500,000. The success of this operation has encouraged others of like nature in Holland.
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