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29,
I raised that exact same point while I was discussing the eel situation with a couple of members of the ASMFC's technical committe. They told me that's almost exactly what they do in europe with european eels. They harvest the glass eels and raise them in captivity and then, when they are adults they must release something like three adults for every 100,000 elvers they took in. OTOH - the european eel is also in trouble, maybe as much so as the American eel.
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