What are some facts about Louisiana Purchase?
THE LOUISIANA PURCHASE TREATY transferred ownership of nearly 828,000 square miles of land from France to the United States for $15 million-not quite four cents per acre. Even in 1803, this transaction, which nearly doubled the size of the United States, was a great deal. (Eventually, thirteen states, or parts of states, were created from this territory). But at the time the treaty was ratified, the U.S. national debt was almost $81 million, and the Treasury Department was in no position financially to simply write a check for the amount. So French Treasury Minister Marquis Francois de Barbe Marbois and U.S. representatives Robert Livingston and James Monroe negotiated a … THE LOUISIANA PURCHASE TREATY transferred ownership of nearly 828,000 square miles of land from France to the United States for $15 million-not quite four cents per acre. Even in 1803, this transaction, which nearly doubled the size of the United States, was a great deal. (Eventually, thirteen states, or parts of s
