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Seward's Folly

noun, U.S. History.
1.
the purchase of Alaska in 1867, through the negotiations of Secretary of State W. H. Seward.
Compare Alaska Purchase.
Origin of Seward's Folly
so called because Alaska was regarded as worthless land
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2018.
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