Alaska Purchase Order
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How to fill out Purchase Order?
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FAQ
Had Russia retained Alaska, the U.S. may have faced new geopolitical challenges, including conflicts or tensions over territorial claims. Russia could have strengthened its presence in North America, which may have altered the course of U.S. expansion. Additionally, the plethora of resources available in Alaska would have remained untapped, potentially impacting the economic growth of the United States.
Introduction. On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.
The purchase added 586,412 sq mi (1,518,800 km2) of new territory to the United States for the cost of $7.2 million 1867 dollars. In modern terms, the cost was equivalent to $140 million in 2021 dollars or $0.39 per acre.
In Alaska, the Americans foresaw a potential for gold, fur and fisheries, as well as more trade with China and Japan. The Americans worried that England might try to establish a presence in the territory, and the acquisition of Alaska it was believed would help the U.S. become a Pacific power.
Seward agreed to purchase Alaska from Russia for 7.2 million dollars. Critics attacked Seward for the secrecy surrounding the deal, which came to be known as Seward's folly. The press mocked his willingness to spend so much on Seward's icebox and Andrew Johnson's polar bear garden.
Seward agreed to purchase Alaska from Russia for 7.2 million dollars. Critics attacked Seward for the secrecy surrounding the deal, which came to be known as Seward's folly. The press mocked his willingness to spend so much on Seward's icebox and Andrew Johnson's polar bear garden.
Some opponents labeled the purchase as "Seward's Folly", or "Seward's Icebox", as they contended that the United States had acquired useless land. Nearly all Russian settlers left Alaska in the aftermath of the purchase; Alaska would remain sparsely populated until the Klondike Gold Rush began in 1896.
The purchase of Alaska in 1867 marked the end of Russian efforts to expand trade and settlements to the Pacific coast of North America, and became an important step in the United States rise as a great power in the Asia-Pacific region.
The 1867 Treaty of Cession, in which the United States purchased Alaska from the Russian empire, marked an unusually peaceful transition. The purchase of Alaska was done under amicable circumstances, and both Russia and the U.S. felt they gained from the Treaty.
The Senate approved the treaty of purchase on April 9; President Andrew Johnson signed the treaty on May 28, and Alaska was formally transferred to the United States on October 18, 1867. This purchase ended Russia's presence in North America and ensured U.S. access to the Pacific northern rim.
