October 18 in American History

October 18, 1867 — the U.S. formally takes possession of Alaska

The American flag was raised at Sitka as the U.S. took control of Alaska, bought from Russia for $7.2 million — about two cents an acre. Mocked at the time as "Seward's Folly," it turned out to hold gold, oil, and enormous strategic value. Alaskans still celebrate October 18 as Alaska Day.

Common Questions

What happened on October 18 in American history?

In 1867: the U.S. formally takes possession of Alaska. The American flag was raised at Sitka as the U.S.

Why is October 18 significant?

The American flag was raised at Sitka as the U.S. took control of Alaska, bought from Russia for $7.2 million — about two cents an acre. Mocked at the time as "Seward's Folly," it turned out to hold gold, oil, and enormous strategic value. Alaskans still celebrate October 18 as Alaska Day.

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