Seward's Folly


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Noun1.Seward's Folly - the transaction in 1867 in which the United States Secretary of State William Henry Seward purchased Alaska from Russia
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Guiana), DEVIL'S POSTPILE (Nat'l Mon, CA), DEVIL'S TOWER (Nat'l Mon, WY), DRAKE'S BAY (CA), GRANTS PASS (city, OR), HELLS CANYON (ID-OR), KING'S CANYON (Nat'l Park, CA), PIKE'S PEAK, SEWARD'S FOLLY (Alaska), TOMS RIVER (city, NJ) VAN DIEMEN'S LAND
It was called Seward's Folly by opponents in reference to US Secretary of State William H Seward, who helped negotiate the deal.
The phrase Seward's folly was coined to characterize the purchase of Alaska from Russia.