Alaska Acquisition Worksheet

State:
Multi-State
Control #:
US-OG-443
Format:
Word; 
Rich Text
Instant download

Description

This form is is an acquisition worksheet to be used in conducting due diligence in an acquisition transaction.

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FAQ

Before the Russians, the land belonged to the indigenous tribes who had inhabited the land for thousands of years. These were the Yupik and the Inupiat.

Defeat in the Crimean War further reduced Russian interest in this region. Russia offered to sell Alaska to the United States in 1859, believing the United States would off-set the designs of Russia's greatest rival in the Pacific, Great Britain.

Was Alaska Part of Canada? At no point has Alaska ever been a part of Canada. The territory was originally occupied by local tribes for thousands of years before coming under Russian ownership. Eventually, in 1867, it was purchased by the United States from Russia and has remained under their ownership ever since.

Seward had a broad vision of commercial expansion of the United States, particularly in China and the Pacific, and as early as 1864 he had suggested to the Russian government that talks about Alaska "would be beneficial to us, and by no means unprofitable to Russia."

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 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.

The Territory of Alaska or Alaska Territory was an organized incorporated territory of the United States from August 24, 1912, until Alaska was granted statehood on January 3, 1959. The territory was previously Russian America, 1784?1867; the Department of Alaska, 1867?1884; and the District of Alaska, 1884?1912.

After the annual introduction of various statehood bills H.R. 7999 passed in the House on , passed in the Senate on June 30, 1958 and was signed into law by the President on July 7, 1958. On January 3, 1959 he signed the official proclamation admitting Alaska as the 49th state.

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Alaska Acquisition Worksheet