Wars, politics & history

Alaska Purchase

30 March 1867

The Alaska Purchase was the sale of the Russian colony of Alaska to the United States. Russia, which had found the distant territory costly to defend and feared losing it to Britain in a future war, offered it to the Americans, and the secretary of state, William Seward, negotiated the deal with the Russian envoy Eduard de Stoeckl. The price was 7.2 million dollars, which came to about two cents an acre. Critics at the time called the acquisition Seward's Folly or Seward's Icebox, though the Senate ratified the treaty. The territory later proved rich in gold, fish, timber and oil, and it became the forty-ninth state in 1959.

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This moment belongs to the Industrial era (1760 CE to 1914 CE), steam, factories and revolutions. You can also browse everything in the 19th century.