
Seward's Folly is named for William H. Seward who was the Secretary of State
United States Secretary of State
The secretary of state is a senior official of the federal government of the United States of America, and as head of the United States Department of State, is principally concerned with foreign policy and is considered to be the U.S. government's minister of foreign affairs.
Andrew Johnson
Andrew Johnson was the 17th president of the United States, serving from 1865 to 1869. Johnson assumed the presidency as he was vice president of the United States at the time of the assassination of Abraham Lincoln. A Democrat who ran with Lincoln on the National Union ticket…
William H. Seward
William Henry Seward was United States Secretary of State from 1861 to 1869, and earlier served as governor of New York and United States Senator. A determined opponent of the spread of slavery in the years leading up to the American Civil War, he was a prominent figure in the Republican Party in its formative years, and was praised for his work on behalf of the Union as Secretary of State during the Civil War.
What was Seward’s Folly?
Seward’s Folly. U.S. Secretary of State William H. Seward signs a treaty with Russia for the purchase of Alaska for $7 million. Despite the bargain price of roughly two cents an acre, the Alaskan purchase was ridiculed in Congress and in the press as “Seward’s folly,” “Seward’s icebox,” and President Andrew Johnson’s “polar bear garden.” The...
What did Seward do after the Civil War?
After the end of the Civil War, Seward began secretly negotiating with Edouard de Stoeckl, the Russian minister to the United States, for the purchase of the territory. Within days, the two had worked out a treaty for the purchase of Alaska in exchange for 7.2 million dollars in gold, a deal supported by President Andrew Johnson.
What was the Alaska Folly?
The Alaska folly turned out to be anything but foolish. The transfer of power was facilitated by General Lovell H. Rousseau, who took down the Russian flag and hoisted the American one in a ceremony on October 18, 1867. In attendance were American and Russian troops and several leaders from the indigenous tribes.
See more

What is Seward's Folly referring to?
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.”
Why is Seward's icebox called that?
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.
What was Seward's Folly Why was it certainly not a folly?
Definition and Summary of the Seward's Folly It was called Seward's Folly because the United States Secretary of State, William Seward, purchased Alaska from Russia for $7.2 million which was considered to be a massive mistake by many Americans.
Why did Canada not buy Alaska?
There are two main reasons. First, Canada wasn't its own country in 1867. Second, Great Britain controlled the Canadian colonies. Russia did not want to sell Alaska to its rival.
Why did Russia sell Alaska to us?
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 selling Alaska a mistake?
Some historians regard the transaction as a short-sighted blunder by Czar Alexander II, giving up Alaska's rich natural resources, particularly its oil and gas, for $7.2 million - about $125 million (£100 million) in today's money.
How much did the US pay Russia for Alaska?
$7.2 millionSeward, enthusiastic about the prospects of American Expansion, negotiated the deal for the Americans. Edouard de Stoeckl, Russian minister to the United States, negotiated for the Russians. On March 30, 1867, the two parties agreed that the United States would pay Russia $7.2 million for the territory of Alaska.
Who owned Alaska before the US?
RussiaOn 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.
How much did Russia buy Alaska?
$7.2 millionOn March 30, 1867, the two parties agreed that the United States would pay Russia $7.2 million for the territory of Alaska. For less that 2 cents an acre, the United States acquired nearly 600,000 square miles.
Why did Seward buy Alaska?
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.
Does the US own all of Alaska?
On October 18, 1867, the U.S. formally takes possession of Alaska after purchasing the territory from Russia for $7.2 million, or less than two cents an acre. Indigenous peoples settled the unforgiving territory thousands of years earlier.
Who purchased Alaska and what was a nickname for Alaska?
Seward signs a treaty with Russia for the purchase of Alaska for $7 million. Despite the bargain price of roughly two cents an acre, the Alaskan purchase was ridiculed in Congress and in the press as “Seward's Folly,” “Seward's icebox,” and President Andrew Johnson's “polar bear garden.”
FACT CHECK: We strive for accuracy and fairness. But if you see something that doesn't look right, click here to contact us! HISTORY reviews and updates its content regularly to ensure it is complete and accurate
FACT CHECK: We strive for accuracy and fairness. But if you see something that doesn't look right, click here to contact us! HISTORY reviews and updates its content regularly to ensure it is complete and accurate.
James Wong Howe becomes first Asian American to win an Academy Award
Noted for his innovative use of wide-angle shots, low-key lighting and deep focus, cinematographer James Wong Howe becomes the first Asian American to win an Academy Award on March 30, 1955. Receiving the Oscar for Best Cinematography for The Rose Tattoo, starring Anna Magnani ...read more
Violence disrupts first Kansas election
In territorial Kansas’ first election, some 5,000 so-called “Border Ruffians” invade the territory from western Missouri and force the election of a pro-slavery legislature. Although the number of votes cast exceeded the number of eligible voters in the territory, Kansas Governor ...read more
15th Amendment adopted
Following its ratification by the requisite three-fourths of the states, the 15th Amendment, granting African American men the right to vote, is formally adopted into the U.S. Constitution. Passed by Congress the year before, the amendment reads, “the right of citizens of the ...read more
President Reagan shot
On March 30, 1981, President Ronald Reagan is shot in the chest outside a Washington, D.C. hotel by a deranged drifter named John Hinckley Jr. The president had just finished addressing a labor meeting at the Washington Hilton Hotel and was walking with his entourage to his ...read more
Bomb explodes outside U.S. Embassy in Saigon
A bomb explodes in a car parked in front of the U.S. Embassy in Saigon, virtually destroying the building and killing 19 Vietnamese, 2 Americans, and 1 Filipino; 183 others were injured. Congress quickly appropriated $1 million to reconstruct the embassy. Although some U.S. ...read more
Oil workers drown in North Sea
A floating apartment for oil workers in the North Sea collapses, killing 123 people, on March 30, 1980. The Alexander Kielland platform housed 208 men who worked on the nearby Edda oil rig in the Ekofisk field, 235 miles east of Dundee, Scotland. Most of the Phillips Petroleum ...read more
