Tuesday, November 16, 2010

"Seward's Folly"

  • Secretary of State Seward (an expansionist) signed a treaty with Russia to buy Alaska for $7.2 million 
  • America was still preoccupied with Reconstruction and internal issues & called it Seward’s Folly
  • Still allowed for the purchase b/c they didn’t want to offend the tsar of Russia, who had been friendly during the Civil War, and hoped it would have valuable natural resources

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