US was supposed to pay $10 million, only gave $7 million, $6 million reached the Mexican Government
President Polk wanted control of the Oregon Territory and was willing to go to war with Britain. “54º40' or fight” was his position. The Oregon dispute was settled peacefully on the 49° in the Treaty of Oregon in 1846.
In 1867, Secretary of State William Seward purchased Alaska from Russia for $7.2 million
Critics mocked “Seward’s Icebox” and “Seward’s Folly” as a far off and useless frozen tundra.