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The United States bought the territory of Alaska from Russia in 1867. Russia wanted to sell: it needed money, it was concerned that it might lose the Alaska Territory in any event through war with Britain, and saw little value in Alaska's vast Natural Resources. U.S. Secretary of State William H. Seward urged President Andrew Johnson to agree to the purchase, believing it would be a good investment. The purchase was ratified by the U.S. Senate and the U.S. gained 586,412 square miles of new territory at a price of $7.2 million.

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12y ago

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