How Did America Actually Pay For Louisiana? – How History Works

On Dec 23, 2022

Real estate is a fickle business that can make or break your bank account. So, imagine how stressful it would be if your country’s bank balance – even your nation’s existence – depended on a good land deal. Now you have the stakes the US government had to meet with the Louisiana Purchase.

That was the name for the exchange between America and the French First Republic for 828,00 square miles of Middle America way back in 1803.

Without it, the US would not be what it is today so how exactly was the deal struck? How do you pay for half a continent in a time before digital bank accounts and credit cards? What led France to sell such a land mass and how did America know they could trust the European country to hold up his end of the deal?

If you thought finding an apartment to rent was hard enough then get ready to learn how history works as we found out how the Louisiana purchase actually worked.

Sources:
1. https://www.smithsonianmag.com/history/how-the-louisiana-purchase-changed-the-world-79715124/
2. https://www.history.com/topics/france/seven-years-war
3. https://www.history.com/topics/france/seven-years-war
4. https://www.britannica.com/topic/Treaty-of-Fontainebleau
5. https://www.archives.gov/milestone-documents/treaty-of-paris
6. https://www.senate.gov/artandhistory/history/common/image/LouisianaPurchaseTreaty.htm
7. https://www.nationalgeographic.com/history/article/louisiana-purchase-bargain-came-great-human-cost
8. https://onlygold.com/gold-prices/historical-gold-prices/
9. https://geneagraphie.com/histories/faHope-Co.pdf
10. https://www.bloomberg.com/opinion/articles/2013-01-22/the-british-bank-that-forever-altered-the-u-s-economy

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