Which event proved that the U.S. purchase of Alaska had been a good investment?

1 answer

The event that proved the U.S. purchase of Alaska had been a good investment was the discovery of gold in the region, particularly during the Klondike Gold Rush in the late 1890s. This event led to a significant influx of people and economic activity, establishing Alaska as a valuable territory. The gold found in Alaska and the subsequent prospects for minerals and natural resources underscored the benefits of acquiring Alaska from Russia in 1867, a transaction often initially criticized as "Seward's Folly." The natural resources discovered in Alaska ultimately demonstrated the strategic and economic value of the purchase.