The Louisiana Purchase
The Louisiana Purchase
- Louisiana Territory purchased for $15 million.
- Jefferson reluctantly accepted the treaty.
Constitutional Concerns
- Questions raised about the constitutionality of the purchase.
- Jefferson proposed an amendment to the Constitution.
- Advisors urged immediate action.
- Federalists opposed purchase:
- Called it unconstitutional.
- Concerns about soaring debt.
Reasons for Sale by Napoleon
- Napoleon sold the entire Louisiana Territory due to:
- Uprising in Haiti draining French resources.
- Need for cash for European conquests.
- Desire to avoid having the U.S. as an enemy.
Significance of the Louisiana Purchase
- Considered the most important land purchase in U.S. history.
- Doubled the size of the U.S. for approximately 3 cents/acre.
- Provided control over the Mississippi River.
- Enabled Western expansion.
- Federalists were becoming increasingly limited to New England.