They were at war and wars are expensive so selling the land provided money for war.
France ,under Napoleon, sold the Louisiana Territory to the US for $15 million in 1803.
1. The United States offers to buy New Orleans from France 2. Haiti wins its independence from France 3. Napoleon offers to sell the Louisiana Territory to the United States
Jefferson feared that Napoleon (the new leader of France after their revolution) would try to start an empire in Louisiana and take over the United States and also the rest of the world. Another reason is Napoleon had planned to close the port of New Orleans to American shipping. Spain secretly made a bribe with Napoleon to take Louisiana territory if France would leave the Spainiards alone and not attack them and take over their territory. Napolean made the deal, but did NOT plan to keep his end of it.
Thomas Jefferson purchased it from Napoleon for 11.25 mil. with a down payment of about $3 million at a time when Napoleon was at war with the British. Livingston was the ambassador for Jefferson who brokered the deal. It is known as the Louisiana purchase In fact, the remainder of the purchase was financed by a bond issue, brokered by Barings London. Thus, the British (and Dutch) financed the purchased, and in so doing funded Napoleon's war against the British.
The Louisiana Territory had been a land purchase transaction by the United States of America of 828,800 square miles of the French territory "Louisiane" in 1803. The U.S. paid 60 million francs ($11,250,000) plus cancellation of debts worth 18 million francs ($3,750,000), a total cost of $15,000,000 for the Louisiana Territory.
He purchased the Louisiana territory from France!
The Louisiana Territory was purchases from Napoleon Bonaparte of France.
Napoleon (France)
France, Napoleon Bonaparte
france needed money
YES. The sale of the Louisiana Territory was concluded between Napoleon and Jefferson.
No , Napoleon Bonaparte gave the United States the Louisiana Territory for 3 cents an acre for various reasons
Haiti.
Napoleon's two brothers wanted Napoleon to hold onto the Louisiana Territory. They believed it was needed for France's future in North America.
France's Napoleon . He needed money for his war to conquer the world.
napoleon bonaparte
To make more money from France's Caribbean colonies..