oct 18, 1867 - Seward's Folly
Description:
William H. Seward signs an agreement with Russia to buy Alaska for 4 million dollars. This purchase was ridiculed in the press with many nicknames such as “Seward’s Folly” and “Seward’s Icebox”. It was not until 1898 in which the people figured out about Alaska’s prosperity in natural resources, especially in gold.Added to timeline:
Date:
oct 18, 1867
Now
~ 157 years ago