Alaska Purchase Invoice
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How to fill out Purchase Invoice?
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FAQ
With this check, the United States purchased Alaska from Russia for $7.2 million. In 1866 the Russian government offered to sell the territory of Alaska to the United States. Secretary of State William H. Seward, enthusiastic about the prospects of American Expansion, negotiated the deal for the Americans.
Public opinion of the purchase turned more favorable when gold was discovered in Nome, Alaska, in 1899, sparking a gold rush. Alaska became the 49th state on January 3, 1959, and is now recognized for its vast natural resources. Today, 25 percent of America's oil and over 50 percent of its seafood come from Alaska.
With this check, the United States purchased Alaska from Russia for $7.2 million. In 1866 the Russian government offered to sell the territory of Alaska to the United States. Secretary of State William H. Seward, enthusiastic about the prospects of American Expansion, negotiated the deal for the Americans.
After an all-night negotiating session, the treaty was signed at 4am on March 30th, 1867. The agreed price was $7.2 million, equivalent to around $120 million today, which works out at about two cents an acre.
Alaska Purchase, (1867), acquisition by the United States from Russia of 586,412 square miles (1,518,800 square km) of land at the northwestern tip of the North American continent, comprising the current U.S. state of Alaska.
Russia wanted to sell its Alaska territory, which was remote and difficult to defend, to the U.S. rather than risk losing it in battle with a rival such as Great Britain. Negotiations between Seward (1801-1872) and the Russian minister to the U.S., Eduard de Stoeckl, began in March 1867.
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.
The treaty setting the price at $7.2 million, or about $125 million today was negotiated and signed by Eduard de Stoeckl, Russia's minister to the United States, and William H. Seward, the American secretary of state.
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.
