|
 On
March 30, 1867, Secretary of State William H. Seward signed an agreement, widely
referred to as "Seward's Folly", with Baron Edouard Stoeckl (Russian
Minister to the United States). This agreement was for the United States to purchase
the vast territory of Alaska for the sum of $7.2 million dollars.
The
Klondike Gold Rush of 1897 was the first event to gain significant exposure for
Alaska. Between 1890-1900, more than 30,000 people moved to the Yukon Territory
and Alaska when gold was discovered. Mining, fishing, trapping, and mineral production
thrived and a true "colonial economy" developed.
...
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