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Updated: June 6, 2025
They contended that the value of the inshore fisheries was simply their value as mackerel fisheries; that to estimate one-fourth of the whole mackerel-catch as taken by American fishermen was a liberal, even an extravagant concession on the part of the United States; and that the remission of duty on Colonial fish and fish-oil, which was admitted to be worth $350,000 per annum to the Dominion of Canada, was an ample equivalent.
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