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date: 22 May 2024


The Oxford Companion to United States History
Claus-M. NaskeClaus-M. Naske

In March 1867, U.S. Secretary of State William Henry Seward negotiated the purchase of Alaska from Russia for $7.2 million, including the property of the Russian American Company. Ridiculed by some as “Seward's Folly” but approved by most, the treaty added to the United States a vast arctic and subarctic subcontinent of grandeur and substantial natural resources. The purchase encompassed 586,412 square miles, one-fifth the size of the present contiguous United States.... ...

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