OnThisDate October 18 1867 Bold Purchase

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The United States Officially Acquired Alaska From Russia In A Bold Move That Reshaped The Nation’s Future. • Negotiated By U.S. Secretary Of State William H. Seward, The Purchase Added 586,412 Square Miles Of Vast, Untamed Land To The United States For $7.2 Million, Approximately Two Cents Per Acre. • The Transfer Ceremony Took Place In Sitka, Alaska, As Russian Troops Lowered Their Flag And American Soldiers Raised The Stars And Stripes. • Despite The Initial Skepticism, Dubbed “Seward’s Folly,” This Strategic Acquisition Soon Proved Its Worth With The Discovery Of Gold In The 1890s, Sparking The Famous Klondike Gold Rush. • The Purchase Marked A Significant Shift In U.S. Territorial Expansion, Reflecting The Nation's Growing Interest In The Pacific And Arctic Regions. • It Was Seen As A Diplomatic Achievement During The Presidency Of Andrew Johnson, Especially In A Post-Civil War America Eager To Assert Its Global Presence. • The Acquisition Also Served To Reduce Russian Influence In North America, While Strengthening America's Position As An Emerging Power On The World Stage. • In Retrospect, Alaska’s Strategic And Economic Value Has Been Immense. • Rich Natural Resources, Including Gold, Oil, Timber, And Fisheries, Have Made It A Key Contributor To The U.S. Economy. • The Event Is Now Celebrated Annually As “Alaska Day,” Commemorating The Official Transfer And Reflecting On A Purchase Once Criticized But Ultimately Celebrated As One Of America’s Greatest Bargains. • For enthusiasts of Historical Ephemera, visit History-Collectors.com to find collectibles that might complement your collection. • You Can Own A Piece Of History. • Before you go, a simple way to support the efforts of this channel is to Like, Subscribe, Comment And Share. • ----------------------------------------------------------------------------------- • #TDIH #Patriotic #Americana #History #HistoryCollectors #Historical #AmericanHistory #HistoricalFacts #HistoryMatters #Ephemera #October18 #AlaskaDay #SewardsFolly #AlaskaHistory #USExpansion

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