Bargain: In 1867, The U.S. Purchased Alaska From Russia For $7M

USA Alaska purchase from Russia 1867-6
The purchase of Alaska in 1867 marked the end of Russian efforts to expand trade and settlements to the Pacific coast of North America, and became an important step in the United States rise as a great power in the Asia-Pacific region. Beginning in 1725, when Russian Czar Peter the Great dispatched Vitus Bering to explore the Alaskan coast, Russia had a keen interest in this region, which was rich in natural resources and lightly inhabited. As the United States expanded westward in the early ...  View More
February 4, 2017 Jason