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In 1867 the United States, led by Secretary of State William Seward, purchased the Alaska territory from Russia. After controlling most of the area that is now Alaska from the late 1700s until 1867, Russia sold the territory for $7.2 million dollars. This equals out to roughly two cents per acre. The U.S. gained a new territory of around 600,000 square miles. Alaska was admitted into the union as the 49th state in 1959, also making it the largest state in the United States.
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