Alaska Purchase by company of its stock
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How to fill out Purchase By Company Of Its Stock?
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FAQ
In Alaska, the Americans foresaw a potential for gold, fur and fisheries, as well as more trade with China and Japan. The Americans worried that England might try to establish a presence in the territory, and the acquisition of Alaska ? it was believed ? would help the U.S. become a Pacific power.
On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.
At a cost of $0.33 per acre, the United States had grown by 586,412 sq mi (1,518,800 km2). Reactions to the Alaska Purchase among Americans were mostly positive, as many believed that Alaska would serve as a base to expand American trade in Asia.
Prints and Photographs Division. On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.
Negotiations between Seward (1801-1872) and the Russian minister to the U.S., Eduard de Stoeckl, began in March 1867. However, the American public believed the land to be barren and worthless and dubbed the purchase ?Seward's Folly? and ?Andrew Johnson's Polar Bear Garden,? among other derogatory names.
The Senate approved the treaty of purchase on April 9; President Andrew Johnson signed the treaty on May 28, and Alaska was formally transferred to the United States on October 18, 1867. This purchase ended Russia's presence in North America and ensured U.S. access to the Pacific northern rim.
Seward had a broad vision of commercial expansion of the United States, particularly in China and the Pacific, and as early as 1864 he had suggested to the Russian government that talks about Alaska "would be beneficial to us, and by no means unprofitable to Russia."
At a cost of $0.33 per acre, the United States had grown by 586,412 sq mi (1,518,800 km2). Reactions to the Alaska Purchase among Americans were mostly positive, as many believed that Alaska would serve as a base to expand American trade in Asia.