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By early 1803, Napoleon decided to abandon his plans to rebuild France's New World empire. Without sufficient revenues from sugar colonies in the Caribbean, Louisiana had little value to him. Spain had not yet completed the transfer of Louisiana to France, and war between France and the UK was imminent.
Apart from low-interest loans, the other funds were grants that did not involve repayment. The debts left over from World War I, whose payment had been suspended since 1931, was renegotiated in the Blum-Byrnes agreement of 1946. The United States forgave all $2.8 billion in debt from the First World War, and gave France a new loan of $650 million.
Accession Date Area (sq.mi.) Area (km 2.) Cost in dollars Original territory of the Thirteen States (western lands, roughly between the Mississippi River and Appalachian Mountains, were claimed but not administered by the states and were all ceded to the federal government or new states by 1802)
A postcard of a painting by F. L. Stoddard of the transfer of Upper Louisiana from France to the United States.. Three Flags Day commemorates March 9, and 10, 1804, when Spain officially completed turning over the Louisiana colonial territory to France, which then officially turned over the same lands to the United States, in order to finalize the 1803 Louisiana Purchase.
Louisiana [b] or French Louisiana [c] was an administrative district of New France.In 1682 the French explorer René-Robert Cavelier, Sieur de la Salle erected a cross near the mouth of the Mississippi River and claimed the whole of the drainage basin of the Mississippi River in the name of King Louis XIV, naming it "Louisiana".
Informal Alliance: Royal Navy And U.S. Navy Co-Operation Against Republican France During The Quasi-War And Wars Of The French Revolution (PhD). University of North Dakota. Esdaile, Charles (14 June 2003). The Peninsular War: A New History. Palgrave Macmillan. ISBN 978-1-4039-6231-7. History.com Editors.
At the beginning of the French and Indian War (1754–1763), the British population in North America outnumbered the French 20 to 1. France fought a total of six colonial wars in North America (see the four French and Indian Wars as well as Father Rale's War and Father Le Loutre's War). [15
France began to establish colonies in the Americas, the Caribbean, and India in the 16th century but lost most of its possessions after its defeat in the Seven Years' War. The North American possessions were lost to Britain and Spain, but Spain later returned Louisiana to France in 1800.