USA HISTORY

Detailed explanation-1: -On April 11, 1803, just days before Monroe’s arrival, Barbé-Marbois offered Livingston all of Louisiana for $15 million, which averages to less than three cents per acre (7¢/ha).

Detailed explanation-2: -The Louisiana Purchase encompassed 530, 000, 000 acres of territory in North America that the United States purchased from France in 1803 for $15 million.

Detailed explanation-3: -In 1803 the United States paid France $15 million for the Louisiana Territory–828, 000 square miles of land west of the Mississippi River. The lands acquired stretched from the Mississippi River to the Rocky Mountains and from the Gulf of Mexico to the Canadian border.

Detailed explanation-4: -In this transaction with France, signed on April 30, 1803, the United States purchased 828, 000 square miles of land west of the Mississippi River for $15 million.

Detailed explanation-5: -But France’s ruler at the time, Napoleon Bonaparte, was losing interest in establishing a North American empire and needed funds to fight the British, so he directed his emissaries to offer not just New Orleans but all of the Louisiana Territory to the Americans.