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History of Anchorage


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Russian presence in south central Alaska was well established in the 19th century. In 1867, U. S. Secretary of State William H. Seward brokered a deal to purchase Alaska from an Imperial Russia for $7.2 million (about two cents an acre, had all of Alaska's land mass been counted; however, the Russians didn't declare all of Alaska as theirs, rather selling to the U.S. the land upon which they had fortifications.). The deal was lampooned by political rivals as "Seward's folly", "Seward's icebox" and "Walrussia". By 1888, gold was discovered along Turnagain Arm.

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