6 Responses

1. delicate

   November 24th, 2009 at 4:30 am

   1

   $7.2 million at 1868 value. Don’t know what that converts to in 2007 dollars American.
   Alaska Purchase
   Acquisition 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.
   -dh

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   November 24th, 2009 at 4:43 am

   2

   George Seward, the American Secretary of State who bought Alaska from the Russians in 1867 for 7.2 million dollars. (Even though this worked out at roughly two cents an acre it was not a popular purchase and the territory was referred to at the time as ‘Walrussia’ and ‘Seward’s Ice Box’.)

3. the hater

   November 24th, 2009 at 11:04 am

   3

   I believe it was one dollar. but I may be wrong.

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   November 24th, 2009 at 4:15 pm

   4

   millions of us dollars, it was really a good deal

5. aqualung

   November 24th, 2009 at 8:00 pm

   5

   it cost the US a penny an acre

6. cupidtoo

   November 24th, 2009 at 10:53 pm

   6

   William H. Seward, the U.S. Secretary of State, engineered the Alaskan purchase in 1867 for $7.2 million. That is only 2 cents an acre. I couldn’t find any information about how much 7.2 million dollars would be worth today but it was definitely a great deal for the US. Alaska was a strategic location during the cold war since it is so close to Russia.