On March 30, 1867, United States Secretary of State William H. Seward purchased Alaska for $7.2 million, which comes out to about $.02 an acre. What would $7.2 million buy in today's economy, you might ask? Here's a brief run-down:
-A donation from tbe Bill and Melinda Gates foundation to Seattle's public school system...To name a few.
-A Morgan Stanley bank error that wrongly hosed customers of the Xerox corporation
-The retirement stipend to the former head of Blue Cross and Blue Shield of Vermont
-How much stimulus money the VA Center in Syracuse is getting from the federal government
-How much in campaign contributions President Obama had received by "Super Tuesday"
-The 1999 salary that the Anaheim Angels paid to Mo Vaughn
And to quote an Alaskan I met in my brief sojourn there just over a decade ago, if you were to cut it in half, Texas would be the third biggest state.
No comments:
Post a Comment