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Meaning of Seward's Folly

Sew'ard's Fol'ly

Pronunciation: [key]
— U.S. Hist. U.S. Hist.
  1. the purchase of Alaska in 1867, through the negotiations of Secretary of State W. H. Seward. Cf.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.