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Alaska Purchase |
Also found in: Wikipedia | 0.10 sec. |
Alaska PurchaseAcquisition in 1867 by the U.S. from Russia of 586,412 sq mi (1.5 million sq km) at the northwestern tip of North America, comprising the current U.S. state of Alaska. The territory, held by Russia since 1741, was considered an economic liability, and in 1866 it was offered for sale. Pres. Andrew Johnson's secretary of state, William Seward, negotiated its purchase for $7.2 million, or about two cents per acre. Critics labeled the purchase “Seward's Folly.” Congressional opposition delayed the appropriation until 1868, when extensive lobbying and bribes by the Russian minister to the U.S. secured the required votes. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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? Mentioned in | ? References in periodicals archive | ||
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| If distrust of the Alaska purchase had mostly to do with who had
pulled it off, there was far more direct suspicion of Russia in other
arenas. metropolitan area for
more than 165 years, participating in significant historical events
which include serving as the bank for many presidents of the United
States, financing the Alaska Purchase of 1867 and providing loans for
the construction of the U. |
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