The 'Great Land' Becomes American
In the best deal since the Dutch bought Manhattan for trinkets and beads, the U.S. picks up Alaska for $.02 cents an acre.
March 30, 1867
It was on this date that Tsar Alexander II, the monarch leading Russia, decided through proxy to make one of the greatest real estate transactions in history, selling the territory of Alaska to the United States for the incredible price of $.02 an acre. This transaction consisted of adding over 3 million square miles to our nation (see abo…
Keep reading with a 7-day free trial
Subscribe to Ex Animo to keep reading this post and get 7 days of free access to the full post archives.