The Louisiana Purchase is considered the greatest real estate deal in history! The Louisiana Territory was purchase by The United States from France, for a grand total of $15 million. In this deal the United States got approximately 827,000 square miles of land west of the Mississippi River. The conformation of the Louisiana Purchase treaty was made by the Senate on October 20, 1803.
Background A conflict over navigation of the Mississippi had been solved in 1795 with a treaty in which Spain recognized the United States right to use the river and to deposit goods into New Orleans for the transfer of oceangoing vessels. In one of his letters to Livingston, Jefferson wrote," Spain might have retained (New Orleans) quietly for years .
Background A conflict over navigation of the Mississippi had been solved in 1795 with a treaty in which Spain recognized the United States right to use the river and to deposit goods into New Orleans for the transfer of oceangoing vessels. In one of his letters to Livingston, Jefferson wrote," Spain might have retained (New Orleans) quietly for years .