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Louisiana Purchase
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What was the Louisiana Purchase? ● The acquisition by the United States of French claims to approximately 530,000,000 acres of territory in 1803 ● Cost of about 3¢ per acre - totaling $15 million
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What was Included? ● All of these States ● Arkansas ● Missouri ● Iowa ● Oklahoma ● Kansas ● Nebraska ● Some of these States ● Minnesota ● North Dakota ● South Dakota ● New Mexico ● Texas ● Montana ● Wyoming ● Colorado ● Louisiana
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Yes or No ● Jefferson disliked the idea of purchasing this land for the following reasons ● purchasing Louisiana from France would imply that France had a right to be in Louisiana ● Jefferson also believed that a U.S. president did not have the authority to engage in such a deal because it was not specified in the constitution ● This purchase would erode states rights by increasing federal executive power ● he was aware of the potential threat that a neighbor like France would be for the young nation ● was prepared to go to war to prevent a strong French presence in the region ● Napoleon's foreign minister, Charles Maurice de Talleyrand, was vehemently opposed to selling Louisiana since it would mean an end to France's secret plans for a North American empire.
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How Much Did it Cost? ● The American negotiators were prepared to spend $10 million for New Orleans but were dumbfounded when the entire region was offered for $15 million.
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