An overview

In the san Ildefonso treaty of 1800, Napoleon Bonaparte acquired the territory of Louisiana from Spain. However, he kept this a secret for the next few years since he had ambitions to build a substantial colonial empire in the united states. He failed in his attempt to conquer Saint Domingue and had to withdraw his troops in 1803. soon after, Haiti declared its independence, and napoleon had to give up his desire to become the American emperor. He sold his territory of Louisiana to the US in the Louisiana Purchase treaty of 1803.

Read also: what-day-did-they-did-decide-the-price-of-the-louisiana-purchase-price?

The purchase of Louisiana by the united states from the french government is considered the most incredible real estate deal in the entire history of humankind. After much bargaining, the US finally approved to pay 15 million dollars to France for the Louisiana territory.

The purchase happened in 1803, under the presidency of Thomas Jefferson. Louisiana was spread across 828000 square miles stretching from the rocky mountains to the Mississippi river and from the border of Canada to the Gulf of Mexico. The Louisiana territory consisted of thirteen states. By purchasing the region, the united states became almost double its current size and hence, one of the most powerful nations worldwide.

Read also: what-important-port-city-was-acquired-through-the-louisiana-purchase?

The purchase was not only about land but also western expansion, international relations, and the nation's wealth. But the human cost was above all expenses. A vast population of human settlements came with land and other national and international features.

Modern-day 342 million dollars were equivalent to only 15 million dollars back then. The Louisiana purchase is considered to be the best bargain to date. The investment not only gave America rights over the land of Louisiana but rights over the territory's inhabitants.