Ever wonder why Alaska is part of the USA and not part of Canada? Ever wonder why some people take the long view, and some the short view? Even though the US bought Alaska from the Russian Empire for 1.9¢ per acre, some Americans complained even about that. There's just no pleasing everyone. The Russians figured the British Empire would grab it, so why not make some money off it while they still could? Exactly why Napoleon sold the Louisiana Territory to the USA earlier in the nineteenth century. Anyone but the British!
More on William Henry Seward, Sr. (1801-1872) and his Auburn, New York home in the next post.
Today's Rune: Defense.
4 comments:
Though I appreciate the historical perspective of the policy of containing the burgeoning British Empire I find it extremely arrogant of the French and the Russians thinking that those were their lands to sell.
Good day, sun shines!
There have were times of troubles when I didn't know about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never imagined that there weren't any need in large starting capital.
Nowadays, I feel good, I begin take up real money.
It's all about how to choose a proper companion who uses your funds in a right way - that is incorporate it in real deals, and shares the income with me.
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we were just talkign about the long and short payoffs yesterday and how folks will select the short payoff so quickly. It's just amazing.
seward's folly remember - meanwhile it was one of the best investments the US ever made - except Sarah Palin of course, that is a disaster
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