⏰ when

When did the US buy Alaska?

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Quick Answer

The United States bought Alaska from Russia in 1867 for $7.2 million, a deal signed on 30 March 1867.

The Full Story

Russia, struggling financially after the Crimean War and worried it could not defend the distant territory from Britain, agreed to sell. US Secretary of State William Seward negotiated the treaty, and the price worked out to about two cents per acre. Critics mocked the deal as 'Seward's Folly' and Alaska as 'Seward's Icebox'. Attitudes changed after gold was discovered in the Klondike region and Alaska in the 1890s, and later huge oil reserves were found. Alaska became the 49th US state on 3 January 1959.

Key Facts

1.Signed on 30 March 1867
2.The price was $7.2 million
3.Alaska became a state in 1959

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Suggested video title for this topic:

"Seward's Folly: the best bargain in history?"