Twenty Years of Congress, Vol. 1: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860 — John Shaqi
Twenty Years of Congress, Vol. 1: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860Blaine, James Gillespie
History
Twenty Years of Congress, Vol. 1: From Lincoln to Garfield, with a Review of the Events Which Led to the Political Revolution of 1860
Blaine, James Gillespie
United States -- History; United States -- History -- 1865-1898
The First Consul afterwards added, "Perhaps it will be objected
that the Americans will be found too powerful for Europe in two or
three centuries; but my foresight does not embrace such remote
fears. Besides, we may hereafter expect rivalries among the members
of the Union. The confederations, which are called perpetual, only
last till one of the contracting parties finds it in his interest
to break them."
SUCCESS OF JEFFERSON'S DIPLOMACY.
Two days after this conversation Mr. Monroe opportunely arrived,
and on the 30th of April the treaty ceding Louisiana to the United
States was formally concluded. Mr. Monroe and Mr. Livingston had
no authority to negotiate for so vast an extent of territory; but
the former was fully possessed of President Jefferson's views, and
felt assured that his instructions would have been ample if the
condition of France had been foreseen when he sailed from America.
Communication with Washington was impossible. Under the most
favorable circumstances, an answer could not be expected in less
then three months. By that time British ships would probably hold
the mouths of the Mississippi, and the flag of St. George be waving
over New Orleans. Monroe and Livingston both realized that hesitation
would be fatal; and they boldly took the responsibility of purchasing
a territory of unknown but prodigious extent, and of pledging the
credit of the government for a sum which, rated by the ability to
pay, was larger than a similar pledge to-day for five hundred
millions of dollars.
The price agreed upon was eleven million two hundred and fifty
thousand dollars in six per cent United States bonds, the interest
of which was made payable in London, Amsterdam, and Paris, and the
principal at the treasury in Washington in sums of three millions
per annum, beginning fifteen years after the bonds were issued.
In a separate treaty made the same day, the United States agreed
to pay twenty million francs additional, to be applied by France
to the satisfaction of certain claims owed to American citizens.
Thus the total cost of Louisiana was eighty millions of francs,
or, in round numbers, fifteen millions of dollars.
No difficulty was experienced in putting the United States in
possession of the territory and of its chief emporium, New Orleans.
The French Government had regarded the possession of so much
consequence, that Bernadotte, afterwards King of Sweden, was at
one time gazetted as Captain-general; and, some obstacles supervening,
the eminent General Victor, afterwards Marshal of France and Duke
of Belluno, was named in his stead. But all these plans were
brushed aside by one stroke of Bonaparte's pen; and the United
States, in consequence of favoring circumstances growing out of
European complications, and the bold and competent statesmanship
of Jefferson, obtained a territory larger in area than that which
was wrested from the British crown by the Revolutionary war.
Public-domain text, read in full here on John Shaqi.
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