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The Great Northern Bargain

Unveiling the Alaska Purchase: A comprehensive examination of the 1867 acquisition of Alaska from the Russian Empire.

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Overview

The Transaction

The Alaska Purchase was the acquisition of Alaska from the Russian Empire by the United States for $7.2 million in 1867. This significant territorial expansion, finalized on March 30, 1867, effectively doubled the size of the United States and added a vast, resource-rich territory.

Geographic Scope

The purchase encompassed approximately 586,412 square miles (1,518,800 kmยฒ) of territory, equating to roughly 2 cents per acre. This vast expanse represented a strategic move, extending American influence into the North Pacific and Arctic regions.

Key Dates

The treaty was signed on March 30, 1867, ratified by the U.S. Senate on May 15, 1867, and formally transferred on October 18, 1867, marking the beginning of American administration.

Historical Context

Russian Motivations

Following a costly defeat in the Crimean War, Russia found Alaska increasingly difficult and expensive to defend, particularly against the United Kingdom. The depletion of the sea otter population, crucial for the Russian-American Company's fur trade, further diminished the territory's economic viability. Emperor Alexander II sought to sell Alaska to the United States, partly to secure funds and partly to prevent it from falling into British hands.

American Interests

U.S. Secretary of State William H. Seward was the primary proponent of the purchase. He envisioned Alaska as a strategic base for expanding American trade routes into Asia and the Pacific. Furthermore, the purchase served a political purpose, diverting attention from contentious domestic issues like Reconstruction and strengthening ties with Russia, a key ally during the recent Civil War.

Early Russian Presence

Russian explorers and fur traders, known as 'promyshlenniki', began arriving in Alaska in the early 18th century. The Russian-American Company, chartered in 1799, managed the territory, establishing settlements like New Archangel (Sitka) and relying on a small number of Russian administrators overseeing vast native populations. However, Russia never established a significant colonial settlement.

Negotiation and Treaty

The Agreement

Negotiations between Seward and Russian diplomat Eduard de Stoeckl culminated in the signing of the treaty on March 30, 1867. The agreed price was $7.2 million, a sum considered modest given the territory's potential resources and strategic value. The treaty stipulated the cession of Russian America to the United States, with specific provisions for the property and rights of the inhabitants.

Treaty Ratification

The U.S. Senate ratified the treaty on May 15, 1867, by a vote of 37-2. Despite some opposition, proponents like Senator Charles Sumner argued persuasively for the strategic and economic benefits, comparing it favorably to European colonial acquisitions of the era.

Financial Mechanics

A significant portion of the purchase funds was reportedly allocated to settle debts owed by the Russian government to American contractors, the Winans brothers, highlighting the complex financial arrangements involved in the transaction.

Public Reception

"Seward's Folly"

The purchase was famously derided by some critics and segments of the press as "Seward's Folly," "Seward's Icebox," or "Walrussia." These detractors questioned the value of the seemingly barren, frozen territory and the expenditure of taxpayer money, viewing it as a wasteful acquisition.

Contemporary Support

Contrary to the persistent myth of universal opposition, contemporary newspaper accounts reveal considerable support for the purchase. Many publications, particularly in California, recognized the potential for trade expansion and resource discovery. The strategic importance of acquiring territory adjacent to British Columbia and maintaining friendly relations with Russia also contributed to favorable public opinion.

The Transfer Ceremony

Formal Handover

The official transfer ceremony occurred in Sitka on October 18, 1867. Russian troops lowered the imperial flag, while American soldiers raised the Stars and Stripes amidst artillery salutes, symbolizing the formal transfer of sovereignty. Captain Aleksei Alekseyevich Peshchurov represented Russia, handing the territory over to General Lovell Rousseau of the United States.

Russian Departure

Following the ceremony, most Russian citizens and administrators departed Alaska. A few traders and clergy chose to remain. Accounts from the time describe the mixed feelings of the departing Russians and the initial challenges faced by the new American administration in the remote territory.

Aftermath and Development

Resource Exploitation

Initially, Alaska remained sparsely populated and its economic potential was slow to be realized. However, the valuable seal fisheries, particularly in the Pribilof Islands, quickly proved lucrative. The administration of these fisheries generated substantial revenue for the U.S. government, eventually exceeding the initial purchase price. The discovery of gold during the Klondike Gold Rush in 1896 significantly boosted interest and settlement.

International Disputes

The U.S. assertion of exclusive control over the Bering Sea seal resources led to the Bering Sea Controversy with Great Britain. An arbitration tribunal in 1893 ultimately ruled against the U.S. claim of internal waters, establishing regulations for resource preservation and requiring compensation to Britain.

Path to Statehood

Alaska was initially organized as the Department of Alaska, later becoming the District of Alaska in 1884, and the Territory of Alaska in 1912. Its journey culminated in statehood in 1959, solidifying its place within the United States.

Financial Considerations

Economic Debate

The financial return on the Alaska Purchase remains a subject of scholarly debate. Some analyses suggest that federal costs, including governing expenses and interest on the purchase loan, exceeded direct federal revenue generated from Alaska. Conversely, others argue that broader economic benefits, such as increased national income and the value of resources like oil and minerals, present a more favorable picture when considering the investment holistically.

Long-Term Value

Regardless of the immediate financial accounting, Alaska's immense natural resources, including vast reserves of oil, natural gas, minerals, timber, and fisheries, have proven invaluable to the U.S. economy over the long term. The purchase is often cited as a remarkably astute strategic investment, despite initial skepticism.

Alaska Day

Commemoration

Alaska Day, celebrated annually on October 18th, commemorates the formal transfer of Alaska from Russia to the United States on that date in 1867. This date marks the adoption of the Gregorian calendar in Alaska, replacing the Julian calendar used by the Russians.

State Holiday

Alaska Day is recognized as a public holiday for state employees, serving as an important reminder of the territory's historical transition and its eventual integration into the United States.

References

Source Materials

The information presented herein is derived from a synthesis of historical records and scholarly analyses pertaining to the Alaska Purchase. Detailed citations are available via the placeholder.

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References

References

  1.  Russian Opinion on the Cession of Alaska. The American Historical Review 48, No. 3 (1943), pp. 521รขย€ย“531.
  2.  Seward, Frederick W., Seward at Washington as Senator and Secretary of State. Volume: 3, 1891, p. 348.
  3.  Czar's Ratification of the Alaska Purchase Treaty, 6/20/1867, National Archives and Records Administration
  4.  United States Statutes at Large, Treaties and Proclamations, Volume 15: 1867รขย€ย“1869. Little, Brown & Co. Boston, 1869
  5.  Richard Pierce, introduction to Ahllund, T., From the Memoirs of a Finnish Workman (2006).
  6.  "Seward's Folly: Who's Laughing Now?", by Karen Harris, History Daily, January 2, 2019. Retrieved June 9, 2019.
  7.  "Purchase of Alaska, 1867", Office of the Historian, Bureau of Public Affairs of the United States. Retrieved June 9, 2019.
A full list of references for this article are available at the Alaska Purchase Wikipedia page

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Disclaimer

Important Notice

This content has been generated by an AI model for educational purposes, drawing upon publicly available historical data. While efforts have been made to ensure accuracy and comprehensiveness, the information is presented 'as is' and may not capture all nuances or the most current historical interpretations.

This is not historical or financial advice. The information provided should not substitute consultation with qualified historians, geopolitical analysts, or financial advisors. Always verify information from primary sources and consult with experts for specific applications.

The creators of this page are not responsible for any errors, omissions, or actions taken based on the information presented.