This Day in American History: March 30, 1867 – William Seward buys Alaska

U.S. Secretary of State William H. Seward to you. For $7.2 million dollars Alaska was purchased from Russia. Once-upon-a-time the deal was called “Seward’s folly,” or “Seward’s icebox” or “polar bear garden” by President Andrew Johnson.

The discovery of gold in 1898 seems to have changed perceptions considerably.

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