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Mississippi River Valley Purchase Research Paper

93 Words1 Pages
The purchase was one of the greatest real estate deals that has ever existed in the United States (along with the purchase of Alaska in 1867). President Thomas Jefferson offered 10 million dollars for the port of New Orleans so that the US could have access to the Mississippi River. Instead he received the entire area known as the Louisiana Territory and the New Orleans port and only paid 15 million dollars for it. Which means he paid about 3 cents per acre to buy the entire Mississippi River valley from Napoleon

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