Louisiana, formerly a territory of the French was taken by the United States in 1803 after negations between the States and French delegates in the reign of President Thomas Jefferson. This is deemed a great investment in the record of America. It contributed to the expansion of the United States. The purchase covers 15 present day States of the USA and two Canadian prefectures. History shows that this acquisition came to pass following the need to acquire more funds by Napoleon Bonaparte, the then French ruler for fighting the British (Monticello, 2003).
President Jefferson planned to purchase the New Orleans and sent out representatives for the same. However, a new proposal was offered to the delegates in addition to the offer on New Orleans. This was following the fear for another attack by the British on the French territory. The French offered Louisiana together with the New Orleans up for sale to the Americans. This would see to the control of the chief street trade and avail land for settlement for future generations. This was a rushed decision by the American Officials, which saw the President overstepping his mandate and allowing the acquisition of a new territory (Monticello, 2003).
Because of the rush in purchase, a number of consequences have seemingly arouse form this. First, the Spanish Government disapproved the sale. This is because of the claims that the French had no authorization to sell any territory without approval of the legislature, especially to the Americans. France was held in violation of the Ildefonso Treaty. Napoleon ostensibly had to gain the approval of the legislation before disposing the territory of Louisiana (Antippas, 2003).
Moreover, the United States saw itself having a National debt, which appeared to be weighing on them because they had just gained independence. The purchase raised the State’s annual debt by 12%. In addition, the availability of excessive land was feared to lead to the decrease in property valuation in the other regions of the State (Antippas, 2003). This acquisition witnessed the violation of constitutional laws by both the French and American officials. The American delegates had no direct authorization to purchase Louisiana. Furthermore, the French officials failed to consult with their authority before selling the territory. This also witnessed the rush by business individuals to seize land and falsify claims in order to be acknowledged by the government. There was a general trepidation that the acquired territory would increase the slave interests of the South. However, there already existed slavery trade. Laws were then passed to legalize this process by the government in an attempt of preventing future revolutions by the slaves (Antippas, 2003).
Other limitation to this included the permit of the French and Spanish governments to make shipments in the acquired territory for twelve years. This would also see them paying the same amount of tax as that by the American shipping. The acquisition of Louisiana witnessed the provision for full residency by citizens in the territory. It comprised of ethnic French, Spanish, and Mexicans. There were also a few Africans who had been brought in following the slavery trade. This created much concern for the Americans who feared they would lose their privileges to the new territory (De Cesar & Page, 2003).
An undefined territorial boundary has been a problem following the purchase of Louisiana. Spain has been at loggerheads with the States concerning the coverage of Louisiana. In essence, the US claims that the new acquisition extends to total western coverage of the Mississippi, the Rocky Mountains, and the West Florida. In contradiction, Spain claims it covers the western portion only including St. Louis and New Orleans (Hyslop, 2012).
In summary, despite a number of concerns arising from the purchase of Louisiana, it is considered one of the utmost investments. It witnessed the expansion in territorial coverage of the States and ensured future generations were catered for. Moreover, it provided access to trade, which contributed to the growth of its economy.