In 1802, it helped finance the Louisiana Purchase, despite the fact that Britain was at war with France, and the sale had the effect of financing Napoleon's war effort.
On April 30, 1803, the Louisiana Purchase Treaty was signed by Robert Livingston, James Monroe, and Barbй Marbois in Paris.
Their interest was only in the port, not in the broad swath of territory eventually included in the Louisiana Purchase which came as a surprise bonus.
The United States claimed this area was part of the purchase; Spain said that it was not, and east of the Mississippi only the city of New Orleans was part of the Louisiana Purchase.
The southern boundary of the Louisiana Purchase was initially unclear; the Adams-Onнs Treaty of 1819 began to lay down official dividing lines.
The Louisiana Purchase led to a dispute between the United States and Spain over the boundaries of the area the United States had bought.
The Americans thought that Napoleon might withdraw the offer at any time, preventing the United States from acquiring New Orleans, so they agreed and signed the Louisiana Purchase Treaty on April 30, 1803. On July 4, 1803, the treaty reached Washington, D.C..
On April 30, 1803, U.S. representatives in Paris agreed to pay $15 million for about 828,000 square miles of land that stretched from the Mississippi River to the Rocky Mountains and from the Gulf of Mexico to Canada. This deal, known as the Louisiana Purchase, nearly doubled the size of the United States.Apr 30, 2013
The purchased territory included the whole of today's Arkansas, Iowa, Missouri, Kansas, Oklahoma, and Nebraska, parts of Minnesota and Louisiana west of Mississippi River, including New Orleans, big parts of North and northeastern New Mexico, South Dakota, northern Texas, some parts of Wyoming, Montana, and Colorado as ...
With a purchase price of just $15 million, the U.S. added some 13 states worth of territories at less than three cents per acre. ... With land costs today averaging between $1,000 and $4,000 per acre in the continental U.S., the total value of the Louisiana Purchase is therefore likely to be near $1.2 trillion.Aug 23, 2017
In exchange, the United States acquired the vast domain of Louisiana Territory, some 828,000 square miles of land. The treaty was dated April 30 and signed on May 2. In October, the U.S. Senate ratified the purchase, and in December 1803 France transferred authority over the region to the United States.
The Louisiana Purchase (1803) was a land deal between the United States and France, in which the U.S. acquired approximately 827,000 square miles of land west of the Mississippi River for $15 million.
In 1803, US President Thomas Jefferson arranged the purchase of the Louisiana Territory from France. Size: The Louisiana Purchase almost doubled the area of the United States; this new acquisition had an area of 828,000 square miles (2,155,500 square kilometers).