On the recordJune 9, 2008
I introduce H.R. 127 which commemorates this occasion to recognize all of the people of Alaska who represent the pioneering spirit which built this great Nation and contributes to our culture and ethnic diversity. Alaska is the most northern, most western, and most eastern State in the Union and composing an area one-fifth the size of the United States. And for all those trivia buffs out there, Alaska is roughly 2 rac{1}{2} times the size of Texas. Purchased from Russia in 1867 for $7.2 million, or 2 cents an acre, after Congress had concluded its resources would be vitally important to the Nation's future growth. At the time, the purchase was nicknamed 'Seward's folly' because it was believed foolhardy to spend so much money on a remote region. Secretary of State William Seward would have the last laugh, though. Alaska is the source of 16 percent of the daily crude oil in the United States, has 44 percent of the country's undiscovered resources. Alaska's 34,000 miles of shoreline form a gateway to one of the greatest fisheries in the world, providing for 60 percent of the country's commercial seafood harvest.
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