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Thomas Jefferson purchased it from Napoleon for 11.25 mil. with a down payment of about $3 million at a time when Napoleon was at war with the British. Livingston was the ambassador for Jefferson who brokered the deal.
It is known as the Louisiana purchase
In fact, the remainder of the purchase was financed by a bond issue, brokered by Barings London. Thus, the British (and Dutch) financed the purchased, and in so doing funded Napoleon's war against the British.
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Who was the Louisiana Territory purchased from?
France ,under Napoleon, sold the Louisiana Territory to the US for $15 million in 1803.
From which country was the Louisiana Territory purchased in 1803?
The Louisiana Territory had been a land purchase transaction by the United States of America of 828,800 square miles of the French territory "Louisiane" in 1803. The U.S. paid 60 million francs ($11,250,000) plus cancellation of debts worth 18 million francs ($3,750,000), a total cost of $15,000,000 for the Louisiana Territory.
What territory did Lewis and Clark explore that was purchased from France?
The Louisiana Territory, which comprised much of the central and midwestern United States, from Louisiana in the south up to the dakotas in the north.
Which country controlled the Louisiana territory?
France had the control before the united states got.
What was true about settlement of the Louisiana Territory?
Settlers in the territory wanted the same approach to slavery as in the states they came from.
