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The Alaska Purchase was the purchase of Alaska from the Russian Empire by the United States for a sum of $7.2 million in 1867 (equivalent to $129 million in 2023) [1].On May 15 of that year, the United States Senate ratified a bilateral treaty that had been signed on March 30, and American sovereignty became legally effective across the territory on October 18.
William Henry Seward (/ ˈ s uː ər d /; [1] May 16, 1801 – October 10, 1872) was an American politician who served as United States Secretary of State from 1861 to 1869, and earlier served as governor of New York and as a United States senator.
At the instigation of U.S. Secretary of State William Seward, the United States Senate approved the purchase of Alaska from Russia for US$7.2 million on August 1, 1867 (equivalent to approximately $162M in 2024). This purchase was popularly known in the U.S. as "Seward's Folly", "Seward's Icebox," or "Andrew Johnson's Polar Bear Garden", and ...
May 28 – Alaska is purchased for $7.2 million from Alexander II of Russia, about 2 cent/acre ($4.19/km²), by United States Secretary of State William H. Seward. The news media call this "Seward's Folly." June 15 – The Atlantic Cable Quartz Lode mine is named in Montana. June 29 – Kidder massacre: A Sioux and Cheyenne war party kills U.S ...
Seward's Folly. The controversial purchase of Alaska from Russia in 1867 turned out to be a great deal for the U.S. when the area proved to contain a treasure trove of natural resources. The Baton Rouge and Mobile Districts of Spanish West Florida, claimed by the United States, spanned parts of three later states. The Spanish province also ...
Seward's Success was a planned community proposed for Point MacKenzie, north of Anchorage, Alaska, United States. The megaproject was to be fully enclosed by a dome spanning the Knik Arm and holding a community of 40,000 residents, [ 1 ] with ample residential, office, recreational and commercial space.
Seward served as the Secretary of State during Abraham Lincoln's presidency. Seward was a part of the abolition movement, and along with his personal friend Harriet Tubman, worked towards ending ...
Public opinion in the United States was generally positive, though some criticized the purchase as "Seward's Folly" or "Seward's Icebox". However, the resources of Alaska would soon show that this was a wise transaction. Alaska celebrates the purchase each year on the last Monday of March, which is known as Seward's Day.