USA HISTORY

Detailed explanation-1: -Louisiana Purchase Negotiations It’s believed that the failure of France to put down a slave revolution in Haiti, the impending war with Great Britain and probable British naval blockade of France – combined with French economic difficulties – may have prompted Napoleon to offer Louisiana for sale to the United States.

Detailed explanation-2: -But although the Americans never asked for it, Napoleon dangled the entire territory in front of them on April 11, 1803. A treaty, dated April 30 and signed May 2, was then worked out that gave Louisiana to the United States in exchange for $11.25 million, plus the forgiveness of $3.75 million in French debt .

Detailed explanation-3: -However, in April 1803, just days before Monroe was to arrive in Paris, Napoleon offered to sell the United States not only New Orleans but all of Louisiana. Napoleon’s minister of the treasury, the Marquis de Barbé-Marbois, dealt with Livingston and Monroe over terms of the Louisiana Purchase.

Detailed explanation-4: -Monroe arrives in Paris and joins Livingston in negotiations with Finance Minister Barbé-Marbois. Monroe, Livingston, and Barbé-Marbois agree on terms of sale: $15 million for approximately 827, 000 square miles of territory.