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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.
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's Day is a legal holiday in the U.S. state of Alaska. This holiday falls on the last Monday in March and commemorates the signing of the Alaska Purchase treaty on March 30, 1867. [ 1 ] It is named for then- Secretary of State William H. Seward , who negotiated the purchase from Russia .
In 1867, U.S. Secretary of State William H. Seward brokered a deal to purchase Alaska from a debt-ridden Imperial Russia for $7.2 million – about two cents an acre. [7] The deal was lampooned by fellow politicians and by the public as "Seward's folly", "Seward's icebox" and "Walrussia."
March 30 – Alaska Purchase: Alaska is purchased for $7.2 million from Alexander II of Russia, about 2 cents/acre ($4.19/km 2), by United States Secretary of State William H. Seward. Newspapers call this Seward's Folly.
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The opponents of the purchase who characterized it as "Seward's Folly", alluding to William H. Seward, the Secretary of State who negotiated it, represented a minority opinion at the time. [87] [88] Cowboy hats were not initially popular in the Western American frontier, with derby or bowler hats being the typical headgear of choice. [89]