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US Louisiana Purchase from France in 1803 Map stamp 2003 MNH

$ 2.1

Availability: 77 in stock
  • Grade: VF (Very Fine)
  • Item must be returned within: 14 Days
  • Certification: Genuine
  • Return shipping will be paid by: Buyer
  • All returns accepted: Returns Accepted
  • Restocking Fee: No
  • Topic: Historical Events
  • Refund will be given as: Money Back
  • Quality: Mint Never Hinged/MNH

    Description

    Good rare stamp.
    The
    Louisiana Purchase
    (French: Vente de la Louisiane 'Sale of Louisiana') was the acquisition of the territory of Louisiana by the United States from France in 1803. In return for fifteen million dollars, or approximately eighteen dollars per square mile, the United States nominally acquired a total of 828,000 sq mi (2,140,000 km2; 530,000,000 acres). However, France only controlled a small fraction of this area, with most of it settled by Native Americans; for the majority of the area, what the United States bought was the "preemptive" right to obtain Native American lands by treaty or by conquest, to the exclusion of other colonial powers. The total cost of all subsequent treaties and financial settlements over the land has been estimated to be around 2.6 billion dollars. The Kingdom of France had controlled the Louisiana territory from 1699 until it was ceded to Spain in 1762. In 1800, Napoleon, then the First Consul of the French Republic, regained ownership of Louisiana as part of a broader project to re-establish a French colonial empire in North America. However, France's failure to put down a revolt in Saint-Domingue, coupled with the prospect of renewed warfare with the United Kingdom, prompted Napoleon to consider selling Louisiana to the United States. Acquisition of Louisiana was a long-term goal of President Thomas Jefferson, who was especially eager to gain control of the crucial Mississippi River port of New Orleans. Jefferson tasked James Monroe and Robert R. Livingston with purchasing New Orleans. Negotiating with French Treasury Minister François Barbé-Marbois (who was acting on behalf of Napoleon), the American representatives quickly agreed to purchase the entire territory of Louisiana after it was offered. Overcoming the opposition of the Federalist Party, Jefferson and Secretary of State James Madison convinced Congress to ratify and fund the Louisiana Purchase.