Louisiana Purchase

The Louisiana Purchase describes the United States acquisition of more than 529,911,680 acres (2,144,476 km2) of territory from France in 1803 for about $3/sq. mile or $11,250,000 (which, if adjusted for inflation, would equal approximately $193 million in 2005).

Background

In 1802, U.S. President Thomas Jefferson wanted to purchase New Orleans. The city of New Orleans controlled the Mississippi River, which was already important for shipping goods to and from the parts of the USA west of the Appalachian Mountains. Through Pinckney's Treaty with Spain, American merchants had "right of deposit" in New Orleans, meaning they could use the port for their goods. Napoleon Bonaparte returned Louisiana to French control from Spain in 1800, under the Treaty of San Ildefonso (Louisiana had been a colony of Spain since 1762). Americans were fearful that they would lose their rights of use to New Orleans. The Jefferson administration decided that the best way to assure long term access to the Mississippi would be to purchase the city of New Orleans and the nearby portions of Louisiana east of the Mississippi. Jefferson sent James Monroe and Robert R. Livingston to Paris to negotiate such a purchase.

Related Topics:
1802 - U.S. President - Thomas Jefferson - Mississippi River - Appalachian Mountains - Pinckney's Treaty - Spain - Napoleon Bonaparte - Treaty of San Ildefonso - 1762 - James Monroe - Robert R. Livingston - Paris

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