Full Text
Gadsden Purchase
Subject
History
Place
Northern America
»
United States of America
DOI: 10.1111/b.9781577180999.1997.x
Extract
On 30 December 1853, James Gadsden obtained Mexican assent for the sale to the US of 29,640 square miles south of the Gila River in Ariz. and N.Mex., at a price of $15,000,000. The US wanted the area as a route for a transcontinental railroad , but northern opposition to this southern route blocked ratification by the Senate until 29 June 1854. The US reduced the price to $10,000,000, which Mexico accepted because its treasury was bankrupt. ... log in or subscribe to read full text
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