USA HISTORY

Detailed explanation-1: -The Gadsden Purchase, or Treaty, was an agreement between the United States and Mexico, finalized in 1854, in which the United States agreed to pay Mexico $10 million for a 29, 670 square mile portion of Mexico that later became part of Arizona and New Mexico.

Detailed explanation-2: -The U.S. Minister to Mexico, James Gadsden negotiated with Mexican President Santa Anna to purchase 29, 670 square miles of Mexican border land for $10 million. Congress approved the funds for the land purchase in 1884. Mexico needed the money to fund the quelling of ongoing rebellion.

Detailed explanation-3: -In 1853 President Pierce sent Gadsden to Mexico to negotiate a redefinition of the border. The Mexican regime was urgently in need of money and for $10 million sold the required strip of territory south of the Gila River, in what is now southern New Mexico and Arizona.

Detailed explanation-4: -The United States paid Mexico $15, 000, 000 “in consideration of the extension acquired by the boundaries of the United States” (see Article XII of the treaty) and agreed to pay American citizens debts owed to them by the Mexican government (see Article XV).