A tradition of net fishing dating back hundreds of years has been brought to a close after a salmon conservation group backed by Paul Volcker, the former Fed chairman, bought out the rights of the last remaining netsmen in the Dorset village of Mudeford.

The wild Atlantic salmon that return to the area each year to breed will gain free passage to their spawning grounds on the Hampshire section of the River Avon and the River Stour in Dorset under the agreement, while the fishermen will receive financial compensation for giving up their ancient rights.

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Financial Times (May 11 2012)