Historical Humans

Episode Eight: The Louisiana Purchase


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Welcome to the Eight Episode of the Historical Humans podcast, our Eighth episode is our discussion into the Louisiana Purchase, America's desire to expand and the costs and problems that arose. 

The Historical Humans podcast is hosted by Colum Coleman, Gwendolyn Allen, and Justin Woods.      

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Louisiana Purchase signed between US and France in 1803 Agreement between US President Thomas Jefferson & French First Consul Napoleon Bonaparte Approved by the US Senate in a 24 to 7 vote Consists of 3 documents 1 treaty of cessation 2 agreements for the exchange of money US purchased via bonds from Britain’s Baring & Co. Bank Baring & Co. paid cash to France US paid Baring & Co. back over 15 years at 6% interest Original treaty lacked defined boundaries for the territory acquired Spanish claims over Texas and Florida were internationally disputed Made it unclear exactly what the Louisiana territory contained Issue settled in 1819 purchase of Florida US acquired the Louisiana territory 828,000 square miles of land $15 million USD $376,614,159.30 USD ($376.6 million USD) in 2021 dollars Purchase amounts to $18.12 USD per square mile in 1803 dollars Purchase amounts to $454.85 USD per square mile in 2021 dollars The land famously sold for 4 cents an acre US negotiators were James Monroe & Robert Livingston Monroe a founding father of the US and future US President Monroe became the 5th President of the US (1817-1825)

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