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The United States did not pay for the southern half of the Oregon Territory but there was compensation for the assets of the Hudson's Bay Company in the territory ceded in 1846. Britain ceded the territory to the United States under threat of war even though the United States had few if any genuine territorial claims to the territory north of the Columbia River. It is also ironic that at the very time the United States was readying itself for war with Mexico it was also threatening war with Great Britain. Even more ironic that within 15 years the United States desperately needed the good will of Great Britain.

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