In terms of how we think today, what’s the true cost of the Louisiana Territory?
The USA, under President Jefferson, paid cash for the Louisiana Purchase. It doubled the USA’s claim to land in North America. It also gave Napoleon much needed cash for his war with Britain. All-in-all it seemed a win-win, except for the fact Jefferson had to violate his sacred constitutional principles.
How we calculated costs then, and how we do now are different. What are it’s costs today?
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