Through ANCSA, the federal government has transferred 44 million hectares – land owned by Alaska Natives shareholders – to regional and village groups in Alaska Native. The federal government also compensated the new Alaska Native Corporations corporations for a total of $962.5 million for land lost in the transaction agreement. In general, the village companies own the land on their land, while the regional company owns the basement of the village society. ANCSA also gave village societies some control over development “within the boundaries of the Aboriginal village” by regional groups. The distribution of land ownership and underground resources and control of development have caused controversy among regional and village companies about the details of what this actually means in practice, and court decisions and changes to ANCSA have been needed to clarify this relationship. The selections of countries approved under the ANCSA are complex and changes have been made to the ANCSA to address some of the inequalities that were put in place during the selection process. The land development of anASA is made even more difficult by land exchange, facilitation, land protection issues and land redistribution requirements for individuals, businesses and community development, in accordance with Section 14 (C) (3) of the ANCSA. I think all of our Alaska native companies are just starting to get involved and we will see a lot more success throughout Alaska. To get to this point, many of us, like most American companies, have gone through difficult times. Sometimes there are economic factors beyond our control, but the real test of management is to go through difficult times and reverse losses. My CEOs are working hard to get the best for Alaska Natives, and while we are all taking slightly different paths to achieve that goal, we are all working to improve Aboriginal people socially and economically.
Knowing this gives me a lot of respect for my colleagues. The dignity they confer on their efforts has resulted in many remarkable successes that are written only throughout Alaska. But a subsequent Alaskan government led by Governor William A. Egan would defend positions on which the AFN and other interest groups could largely agree.  The natives, alongside the Alaska Congressional delegation and newly elected Governor William A. Egan, finally found the basis for presenting an agreement to Congress.   The proposed comparison conditions faced challenges in both houses, but found a strong ally in Senator Henry M. Jackson of Washington State.  The most controversial topics that maintained the authorization were the methods of determining alaska Natives` land selection and financial allocation.  When we look to the future, we can look at our cultural and traditional values and our elders to maintain leadership.
The leaders, who have carefully developed the ANCSA, have developed a developing agreement that has been amended many times and is likely to be amended many times. Those who will make the changes in the future will be the indigenous people themselves, in acts of self-determination. The Alaskans were entitled to ownership of the entire country in Alaska, the surface and the basement, depending on their Aboriginal use and occupation. The payment of this debt was far from a slope of land. Instead of issuing reservations, held in trust by the U.S. government, as did the majority of tribes in the Lower 48, the Alaska Native Claims Settlement Act created 12 corporations of Alaskan natives regional beneficiaries and more than 200 groups of villages, groups and cities to obtain what would eventually be about 45.5 million hectares with $1 billion in cash payments.