If a folly is still considered a folly..yes
Sewards Folly was bought from Russia in the 1940s and is now the great big state of Alaska.
Sewards Folly
Seward's enemies referred to his purchase of the Alaska from the Russian empire as "Seward's Folly."
Alaska Purchase is the correct name, but to Seward's opponents in was called Seward's Folly.
Alaska. Called Sewards Folly
It's not really a landmark. It is the state of Alaska. Secretary of state Seward purchased the territory of Alaska from Russia.
There were a very large group of sceptics that believed that the purchase of Alaska was a blunder. They called it Sewards Folly and Johnson's Icebox.
In 1867 Secratory of state, William, H Seward agreed to purchase Alaska from Russia for 7.2 million. People thought he was crazy and called the land Sewards folly or sewards ice box, until gold was discovered..
It was called Sewards Folly because it was thought there were very few resources there.
Secretary of State, Seward, bought Alaska from the Russians in the 1900's, and most of the American population was outraged that he bought a desolate wasteland for the high price that he paid. The Americans called if "Seward's Folly" because it seemed like a ridiculous deal. But gold was soon discovered in Alaska, and Sweard's purchase was soon respected.
Seward's Folly refers to the purchase of Alaska from Russia in 1867 by Secretary of State William H. Seward. The purchase was criticized because it was thougth foolish to spend so much money (about 7.2 million dollars) on such a remote region.
The plural form of "folly" is "follies."