USA HISTORY

Detailed explanation-1: -The Pearce Plan was adopted on September 9, 1850. Although Texas lost almost one-third of its territory under this plan, the settlement also included compensation of $10, 000, 000, which provided much needed funding for Texas to pay its pre-statehood debts.

Detailed explanation-2: -The compromise set Texas’ modern-day border and ceded its western and northernmost territory to the U.S. in exchange for $10 million. Austin, TX, November 25, 2021-This Thanksgiving marks the 171st anniversary of the compromise that shaped the boundary between Texas and its neighbor, New Mexico.

Detailed explanation-3: -An Act proposing to the State of Texas the Establishment of her Northern and Western Boundaries, the Relinquishment by the said State of all Territory claimed by her exterior to said Boundaries, and of all her claims upon the United States, and to establish a territorial Government for New Mexico.

Detailed explanation-4: -By its terms, Mexico ceded 55 percent of its territory, including the present-day states California, Nevada, Utah, New Mexico, most of Arizona and Colorado, and parts of Oklahoma, Kansas, and Wyoming.