On October 18, 1867, in the foggy port town of Sitka, a small crowd gathered as the Russian flag was lowered and the Stars and Stripes were raised over a vast wilderness that few Americans had ever seen. The transfer was quiet, ceremonial, almost anticlimactic. Yet the moment marked the birth of a geopolitical gamble …
Tag: SewardsFolly
The Alaska Deal: America’s Best Bargain
On March 30, 1867, the United States made one of the most surprising and strategic purchases in history—Alaska. The agreement, negotiated by Secretary of State William H. Seward and approved by the U.S. Senate, secured the massive northern territory from Russia for just $7.2 million. At the time, many Americans ridiculed the deal, calling it …