They had many reasons to do so, most of which were financial reasons of course (Yahoo Answers). Some reasons Russia sought out buyers for Alaska were as follows. During this time, “Russians felt they could never have a firm hold on such a distance colony” (Yahoo Answers). As mentioned earlier, they had only around 400 settlers maximum, and were not showing any signs of increasing the number soon, so many people began to wonder if selling the land for some quick money was not such a bad idea. Speaking of quick money, during this time Russia was experiencing tensions with the Ottoman Empire, as they would later go to war with them, and were trying to prepare the best they could financially. Besides this, they may have ended up losing the land anyways to Britain or even America (Gale Encyclopedia of U.S. Economic History). So selling the land was probably the best course of action in Russia’s heated times, especially after their loss in the Crimean