Because, after Secretary of State William Henry Seward bought Alaska in 1867, most people thought that the land was useless and that it was absurd for Seward to have spent the money to buy such a place.
Political opponents of the Johnson administration used yellow journalism and misinformation to discredit Secretary of State Seward's negotiations, and urge to purchase Alaska. A folly is a frill, an ornament, a window dressing with no real or implied value and the term was meant to disparage the political regime sponsoring it as a waste of money.
At the time, the purchase was popularly known in the U.S. as "Seward's Folly," or "Seward's Icebox," (after William Seward, Secretary of State) because it was a cold wasteland, only really containing polar bears and coldness and was unpopular at the time.
It was not until later Alaska's vast mineral wealth would be discovered.
Well They Probably Did, But Didn't Know At The Time.
Because the felt that buying Alaska was a waste of money.
Alaska could never amount to anything. Nothing could ever be grown in Alaska and we already had plenty of trees.
Most could not believe that Alaska could ever be inhabited and had no known value or strategic purpose.
Seward's Folly was a then popularly derisive term for the Alaskan purchase.
Alaska. Called Sewards Folly
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..
The negotiations were concluded on Mar 19, 2007, and the purchase was called Seward's Folly or Seward's Icebox. The citizens of the United States were not happy with the idea of this purchase because of the fact that it was noted to be a territory consisted of ice and a waste of money. What changed the American's views on this idea was when oil was found.
The purchase of Alaska was called "Seward's Folly," or Seward's Icebox." The purchase of Alaska was called "Seward's Folly," or Seward's Icebox."
Sewards Folly
Seward's enemies referred to his purchase of the Alaska from the Russian empire as "Seward's Folly."
Sewards Folly was bought from Russia in the 1940s and is now the great big state of Alaska.
Alaska Purchase is the correct name, but to Seward's opponents in was called Seward's Folly.
Seward's Folly was a then popularly derisive term for the Alaskan purchase.
Alaska. Called Sewards Folly
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..
The negotiations were concluded on Mar 19, 2007, and the purchase was called Seward's Folly or Seward's Icebox. The citizens of the United States were not happy with the idea of this purchase because of the fact that it was noted to be a territory consisted of ice and a waste of money. What changed the American's views on this idea was when oil was found.
The purchase of Alaska was called Seward's folly because back then Alaska was just a barren wasteland with no value in property. Only the Alaskan natives lived there. So when Seward bought the city people thought that was a dumb decision. But after a while people found oil, gold, and fur in Alaska.
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.
It was called Sewards Folly because it was thought there were very few resources there.