Categories
The 1800s

Which Territory did the US get for a steal in 1803?

I’m not saying that the US stole the Louisiana Territory – they certainly paid for it. But at only 3c an acre, that’s a pretty good deal. Even if you accounted for inflation, it’s still less than 50c an acre. Two acres for a dollar? I mean, where can you buy land at two acres for a dollar?

It was a heck of a deal, and it wasn’t just the great(?) State of Louisiana – which was called the Territory of Orleans at the time. Anyway, the US bought it from France back in the early 1800s, and gumbo has never been the same since.

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Louisiana Territory