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    Approximately how much per acre did the United States pay for Alaska?

    Question #49333. Asked by McGruff. (Jul 12 04 3:39 PM)


    robboy

    I make it to be about $12.30 per square mile, given the 7.2 million paid for 586,000 square miles of land.

    Jul 12 04, 3:52 PM
    PonyboyRaf

    2.5 cents per acre

    Jul 12 04, 3:57 PM
    McGruff

    [Feb 28 01 6:41 AM] l3i7l writes:

    In 1867, Russia sold Alaska to the United States for $7,200,000 or about 2 cents an acre. The U.S. purchase was accomplished solely through the determined efforts of Secretary of State William H. Seward, and for many years afterward the land was derisively called Seward's Folly or Seward's Icebox because of its supposed uselessness. Since Alaska appeared to offer no immediate financial return, it was neglected.

    Jul 19 04, 1:01 PM


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