On this day in 1867, U.S. Secretary of State William H. Seward agreed to buy Alaska from Russia for $7.2 million, a deal ridiculed as “Seward’s Folly.”

- Seward signed the deal only after the Russians guaranteed that would be able to see Russia from his house.

- Today $7.2 million gets you Sarah Palin’s house, a shotgun and 37 moose.  

Also on this day in 1858, inventor Hyman Lipman patented a process for attaching an eraser to the end of a pencil.

- The next day everybody’s golf scores improved.


Have a great day and I’ll see you back here Thursday morning!