One fun and interesting fact about the Louisiana Purchase is that the land in question sold for less than 3 cents per acre; another fun fact is that the U.S. didn't have sufficient funds to pay for it, so it had to borrow the money from two European banks. Since the money was loaned at a rate of 6 percent, and it took the U.S. 20 years to repay it, the total cost for the Louisiana Purchase was more than $23 million; the terms of the sale gave the French $11.25 million in cash and forgave $3.75 million in debt.Know More
Another fun fact about the Louisiana Purchase is that futurepresident and former governor of Virginia James Monroe, who was appointed as a special envoy to negotiate the sale with the French, had to sell off his porcelain plates, silver flatware and china tea set to afford the passage to France for the negotiations.
Not everyone was happy with the deal. On the French side, Napoleon's brothers were unhappy and tried to talk him out of the sale. When they went to talk to him, Napoleon famously fell backwards into a bathtub, purposely soaking his brothers. Many Americans also opposed the purchase of the land, including congressman Fisher Ames who said, "We are to give money of which we have too little for land of which we already have too much."Learn more in US History
The significance of the Louisiana Purchase was that it allowed the United States to continue its westward expansion, it more than doubled the size of the U.S. and it kept the U.S. from going to war with France. It was a shrewd business move on Napoleon's part because he needed money for his war with England, and he knew he couldn't keep the Americans out of New Orleans without a fight, which he didn't have the military to cover.Full Answer >
The Louisiana Purchase significantly increased the size of the United States, which began the expansion of the country towards the West. It also laid the groundwork for the Civil War as the new territories took sides in the heated slavery debate.Full Answer >
The major benefits of the Louisiana purchase were the vast expansion of the territory of the United States and the acquisition of an abundance of natural resources for a modest price. It removed France as a colonizing presence in the area and gave the United States the important port of New Orleans and the trading channel of the Mississippi River.Full Answer >
One fun fact about Thanksgiving is that the first Thanksgiving was a three-day celebration. Edward Winslow, one of the people who attended the first Thanksgiving, documented that foods such as corn, barley, turkey and venison were consumed.Full Answer >