Excerpt from Handbook of Polar Discoveries Exploration of the Arctic world has fitly illustrated the truth of Benjamin Franklin's aphorism, that 'an investment in knowledge always pays the best interest;' for during the past two centuries that dreary and seemingly unproductive region of our globe has yielded commercial materials far exceeding a thousand million dollars in value. This fact alone is sufficient answer to the utilitarian objection to Arctic research; and accurate knowledge of Arctic lands is well worth the having, for purely practical purposes if no other, because the available wealth of this northern world is by no means exhausted. It was commercial interest, indeed, which gave the inception to Arctic investigation, in the search for a northwest passage from Europe to the Orient; and the progress of this search alone led to most important geographic discoveries. But while Arctic voyagers have penetrated to latitude 83 24', within about 450 miles of the geographic pole, an area of the north polar regions exceeding three million square miles remains unexplored. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works."