Louisiana Purchase

Louisiana Purchase

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Louisiana Purchase

The Louisiana Purchase
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I. What was it?
A. The Louisiana Purchase was the purchase of _by the
from _ in 1803.
II. What was included?

  1. The Purchase contained what now equates to portions of _in the US and_.
  2. The land that was purchased in the Louisiana Purchase now makes up about __of the territory of the United States.

III. What did the French want?

  1. The French’s situation was in a wreck and _ _realized that opportunity was fading in the New World.

B. His attempts at maintaining the territories in the Caribbean were
_ and he wanted a presence in the West for the lucrative sugar trade.

    • After his failed attempts at maintaining order there, he decided that keeping all the territory in North America simply wasn’t worth the .

IV. What did the US want?

    1. The U.S. understood the _of the port of New Orleans and had already made previous negotiations to use the port and not be harassed there.
    2. The desire of the U.S. was to _the port outright so that they could control this very important marketplace.
    3. The U.S. went to Paris to negotiate the purchase of the port of New Orleans but was _the first time.

V. The President at the time:
A. As President of the United States,
faced much opposition to the purchase of the land.
B. Many said that it was
and the authority of the states in the government.
C. Jefferson was exploring new bounds of. He didn’t want and to have the ability to American trade across the port of New Orleans.
VI. Napoleon recognized it was an important move:
A. While
didn’t want to just give away his conquered territories, the rivalry between _was still very strong.
B. Bonaparte saw selling the land to the U.S. as an opportunity to block the
VII. Negotiations:
A. The negotiation took place in Paris in _ by James Monroe and Robert Livingston
B. They only wanted the
_at the time and didn’t imagine how much land they would really end up getting.

VIII. How Much….Price?

    1. The U.S. negotiators were prepared to spend _on the port of New Orleans.
    2. They were pleasantly surprised when the entire region was offered to them for only.
    3. The price of the land included in the purchase was less than _per acre.

IX. Financing:

    • The American government made a down payment on the land in _ totaling $3 million.
    • The rest was financed in __ by some of the most important banks in Europe at the time.