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How did the US pay its debt to Baring Brothers for The Louisiana Purchase?
Wiki User
∙ 15y ago
The US payed 3 million dollars in gold and the rest in coins and regular money. 😀
Wiki User
∙ 7y ago
Wiki User
∙ 15y agoI want candy
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Why was The Louisiana Purchase sold to us?
The French were in serious debt.
How did the Us gain the Louisiana Purchase?
US gained the Louisiana Purchase by purchasing it for 50 million francs plus the US cancelled 18 million francs of France's debt. It averaged out to about 4 cents per acre.
How were the politics of the United States affected by the Louisiana Purchase?
Well, the Federalists completely didnt want it. Even the Jeffersonian Republicans were wary. Jefferson stuck to his guns. He was worried about using too much public money, but he knew the country had to expand. There was nothing in the Constitution about buying foreign lands so he was in new terrain, but he decided that it would be the best for the country.
How long before debt is cancelled in Louisiana?
7 years in the UK and you are no longer required to pay it
What were the political and economic consequences of the Louisiana purchase?
On politics the Louisiana Purchase had profound effects. The issue of the expansion of slavery became a huge topic, and eventually led to the 36. 30. Economically, it was a bolster, because people had an urge to move West to capitalize on cheap (or free), abundant, fertile land.
Why was The Louisiana Purchase sold to us?
The French were in serious debt.
How did the Us gain the Louisiana Purchase?
US gained the Louisiana Purchase by purchasing it for 50 million francs plus the US cancelled 18 million francs of France's debt. It averaged out to about 4 cents per acre.
Did Thomas Jefferson sell public lands to reduce the national debt?
Not that I know of. But he did BUY land from France which was the Louisiana Purchase.
What are three accomplishment in office by Thomas Jefferson?
He cut the national debt, made the Louisiana Purchase and ordered the Lewis and Clark expedition.
How does one purchase debt insurance?
You can purchase a debt insurance policy if you're worried that an unanticipated circumstance may prevent you from making your monthly loan payments. You can purchase debt insurance from a bank.
Where was the louisisana purchase?
The acquisition of 828,800 square miles of France's claim to the territory of Louisiana for $11,250,000 and cancelation of France's monetary debt to the US. Total cost in 2010 dollars $219 Million.
How were the politics of the United States affected by the Louisiana Purchase?
Well, the Federalists completely didnt want it. Even the Jeffersonian Republicans were wary. Jefferson stuck to his guns. He was worried about using too much public money, but he knew the country had to expand. There was nothing in the Constitution about buying foreign lands so he was in new terrain, but he decided that it would be the best for the country.
What good things did Thomas Jefferson do while he was president?
Thomas Jefferson bought the Louisiana purchase, this doubled the USA. Thomas Jefferson also was an author of the Declaration of Independence, he was one of five man to do this. He also cut expenditures in each branch.
What happens if there is a judgment against you for credit card debt in Louisiana?
court government
Who is responsible for brothers credit card debt if he becomes incoherent?
You
What content can be found on the Debt Purchase website?
The Debt Purchase website contains useful information concerning how one can eliminate ones debt. For example, there is information about how to consolidate debt and about how one can get a company to combine all ones debt payments into one, usually at a lower rate of interest.
Who went to France to buy New Orleansbut ended up with the whole Louisiana Territory during Thomas Jeffersons Presidency?
France, ruled by Napoleon at the time, offered the Louisiana Purchase to the United States during the presidency of Thomas Jefferson because it was a way to alleviate some of the French national debt at the time. The purchase was made for $15 million. There was no one person that appealed to the French emperor for the land.
