Timeline Saturday 30 March 1867

Events on Saturday 30 March 1867 1

• 1867 United States purchases Alaska from Russia Treaty signed for $7.2 million Secretary of State William Seward negotiated the purchase of Alaska from the Russian Empire for $7.2 million, about two cents per acre. The US Senate ratified the treaty on April 9, and formal transfer of the territory took place at Sitka on October 18. Critics mocked the deal as 'Seward's Folly' until gold and oil discoveries later proved its value.