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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.
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 ...
The Department of Alaska was the designation for the government of Alaska from its purchase by the United States of America in 1867 until its organization as the District of Alaska in 1884. During the department era, Alaska was variously under the jurisdiction of the U.S. Army (until 1877), the U.S. Dept. of the Treasury (from 1877 until 1879 ...
Critics called the transaction "Seward's Folly" after William Seward, the US secretary of state. Alaska was officially made the 49th state in January 1959. Russia sold the territory known as ...
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 ...
Scope and content: Known as "Seward's Folly," the purchase of Alaska from Russia cleared the way for the admission of the first noncontiguous terrritory to the United States. General notes: Treaty documentation is available in "Perfected International Treaties, 1778-1945," National Archives Microfilm Publication M1247.
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Delayed from 1907 to 1909 to avoid competing with the Jamestown Exposition. Secretary of State William H. Seward is shown. He negotiated the $8 million purchase of Alaska from Russia. The popular press in 1867 referred to the purchase as "Seward's Folly," but by 1909 the importance of this acquisition was recognized. [12]