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The United States purchased Alaska from Russia on March 30, 1867. The deal, negotiated by Secretary of State William H. Seward, was known as Seward's Folly or Seward's Icebox due to skepticism about its value at the time. The U.S. acquired Alaska for $7.2 million, roughly two cents per acre. The purchase was formally finalized on October 18, 1867.

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2mo ago

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