No, the Panama Canal was not referred to as "Seward's Folly." The term "Seward's Folly" actually refers to the purchase of Alaska from Russia in 1867, which was negotiated by Secretary of State William H. Seward. The Panama Canal was constructed later and was primarily associated with the United States' efforts to improve maritime trade routes.
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.
Secretary of State William H. Seward signed the 1867 treaty to purchase Alaska from Russia. Opposition referred to it as Seward's Folly or Seward's Icebox, as no value was seen at the time. The Klondike gold rush occurred later, in 1896.
Some called it Seward's Folly and others called it Johnson's icebox thinking that it was useless and would never be worth anything.
He was William Seward from New York. Lincoln made him Secretary of State and he continued in the office under President Andrew Johnson. Skeptics referred to Alaska as Seward's folly and Seward's icebox.
Seward's Folly
Alaska was called Seward's Folly.
If a folly is still considered a folly..yes
Newspapers referred to Alaska as "Seward's Folly" or "Seward's Icebox" after U.S. Secretary of State William H. Seward who negotiated the purchase of Alaska from Russia in 1867.
The capital of Seward's Folly was and is Juneau. Seward's Folly was the name for the purchase made of Alaska for $7 million.
"Seward's Folly" is a nickname for Alaska. The capital of Alaska is Juneau.
Seward's Folly was a then popularly derisive term for the Alaskan purchase.