The Alaska Transfer Ceremony Takes Place
An Aleut name, "Alaska" was chosen by the Americans.
The transfer ceremony took place in Sitka on October 18, 1867. Russian and American soldiers paraded in front of the governor's house; the Russian flag was lowered and the American flag raised amid peals of artillery. Captain Alexis Pestchouroff said, "General Rousseau, by authority from His Majesty, the Emperor of Russia, I transfer to the United States the territory of Alaska." General Lovell Rousseau accepted the territory. A number of forts, blockhouses and timber buildings were made over to the Americans. The troops occupied the barracks; General Jefferson C. Davis established his residence in the governor's house, and most of the Russian citizens went home, leaving a few traders and priests who chose to remain.
Alaska Purchase from the Russian Empire for $7,200,000 in 1867.