• synonyms

Seward's Folly

noun U.S. History.
  1. the purchase of Alaska in 1867, through the negotiations of Secretary of State W. H. Seward.
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Origin of Seward's Folly

so called because Alaska was regarded as worthless land
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018