April 30, 1803: The United States purchases the Lousiana Territory from France for $15 million, more than doubling the size of the country
Before European settlement, the territory of Louisiana was home
to numerous native tribes of the Plains nation. Throughout the 18th
century, France laid claim to the vast territory. With their defeat in the
Seven Years War, France was forced to cede the territory to Spain. With the establishment
of the United States in the wake of the American revolution, the fledgling
country began to pursue a sphere of influence on the neighboring territory. In
1800, Napoleonic France reacquired Louisiana from Spain. However, Napoleon’s
ongoing wars with his European rivals put a heavy strain on the French treasury.
Napoleons woes were furthered, with the lose of France’s Haitian colony due to
a popular revolt. The territory became a huge financial liability to him and he
sought to sell it.
In 1803, President Thomas Jefferson sought to purchase the
port city of New Orleans, in the Louisiana territory. He dispatched James
Monroe and Robert Livingston to Paris to negotiate for the city. During the negotiation,
the French offered the entire territory for the price of fifteen million
dollars. The American diplomats were only allocated ten million dollars for the
purchase, but could see the opportunity. They quickly penned a letter to
President Jefferson. When Jefferson received the letter, he happily agreed to the
French counteroffer. On April 30, 1803, after ratification by the Senate, Jefferson
signed the Louisiana purchase treaty, doubling the size of the United States
with the stroke of his pen.
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