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Re: NYBob post# 25494

Monday, 08/19/2019 12:49:48 PM

Monday, August 19, 2019 12:49:48 PM

Post# of 39776
Good morning. When then-Secretary of State William Henry Seward bought Alaska from Russia,

the move was dubbed “Seward’s Folly.”

And yet the state is a resource giant that has more than paid for its

$7 million purchase price many times over.

Ditto the Louisiana territory,

purchased for $15 million, or about 3 cents per acre.

If American history is a history of big land deals,

then President Trump’s musings last week about buying Greenland should

be taken more seriously.

While the Danish-owned territory is unlikely to fall into U.S.

hands at any price,

it is home to America’s northernmost military base—and the
resource-rich Arctic region has attracted the interest of China.

Hey, there’s nothing wrong with making an offer,

even a lowball one… it’s worked before.



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