Seward’s Folly was the name given to the?

Alaska purchase

Purchase of Alaska

The purchase of Alaska in 1867! This is one of my favorite tidbits of information because back then, people thought Seward was an asss for making such a stupid purchase. What those critics later realized that the purchase paid itself when it was discovered that Alaska contained a massive oil reserve that made a fortune for the US. Talk about irony!

Its Purchase of Alsaka, on March 30, 1867, Secretary of State William H. Seward agreed to purchase Alaska from Russia for 7.2 million dollars. Critics attacked Seward for the secrecy surrounding the deal, which came to be known as “Seward’s folly.”

It suggested the acquisition of Alaska in 1867. maximum individuals concept this grow to be a waste of money and called Alaska “Sewards Folly,” after Secretary of State, William H. Seward who championed the acquisition.

C–purchase of Alaska

purchase of Alaska

C