ON THIS DAY: 30 March 1867
ON THIS DAY: 30 March 1867 – The United States signed the Alaska Treaty of Cessation and purchased Alaska—586,412 square miles—for $7.2 million (equivalent to $129 million in 2023) from the Russian Empire. The name Alaska is derived from an Aleut-language word meaning ‘the mainland.’ During the early 1700s, Russia established a colonial presence in … Read more