The United States paid 50 million francs (equal to $11,250,000 at the time) plus cancellation of debts worth 18 million francs (equal to $3,750,000 at the time). The total exchange was worth 15 million dollars, even though that isn't the amount that was exchanged. That seems like a lot, but since it was for 530,000,000 acres of land, it was actually amazingly cheap... about 4 cents an acre.
They were at war and wars are expensive so selling the land provided money for war.
it gained money
They borrowed money form France and Spain.
The French. They were on the verge of war with Britain, so they needed money.
The United States bought the Mississippi River Valley, known as Le Louisiane, from France in 1803, in the Louisiana Purchase.President Thomas Jefferson's representatives (Robert Livingston and James Monroe) signed the treaty on April 30, 1803. On July 4, 1803, Jefferson announced the treaty, and it was ratified by the Senate on October 20. New Orleans was transferred to the US on December 20, 1803, and the remainder of the territory on March 1, 1804 at St. Louis.Although of dubious legality on several points, the Purchase codified American claims in North America, and set the stage for further westward expansion.Lower Louisiana was transferred to US control on Dec 20th, 1803. The remainder (Upper Louisians) was handed over three months later.In 1803 the United States bought the Louisiana Territory from France.July 4th, 18051803.
He purchased the Louisiana territory from France!
france needed money
France
France was at war in Europe.
Napoleon of France
because france just had a war and they needed money really badly
Great Britain’s was with France meant the Napoleon needed money (apex)
It sold the Louisiana Purchase to the United States.
Napoleon of France
From France. We wanted the land, they wanted the money.
money
Great Britain’s was with France meant the Napoleon needed money (apex)