Thanks again to the illustrious Dr Caligari! Kevin Cordero December 30, 1853 - Kids, follow along, it gets bumpy. After the end of the Mexican-American War in 1848, border disputes continued between the United States and Mexico. Land that now comprises lower Arizona and New Mexico was part of a proposed southern route for a transcontinental railroad. U.S. President Franklin Pierce (considered one of the worst Presidents) was convinced by Jefferson Davis, then the countrys Secretary of War, to send James Gadsden (who had personal interests in the rail route) to negotiate the Gadsden Purchase with Mexico. Under the resulting agreement, the U.S. paid Mexico $10 million (equivalent to about $230 million in 2006 dollars, 2013 dollars are just not worth that much anymore) to secure the land. The matter about the money was to be very contentious: even though the agreement specified $10 million, the US Congress agreed on only $7 million ($163 million in 2006 dollars). When the money finally arrived in Mexico City $1 million ($23 million in 2006 dollars) was missing, thus resulting in a total of only $6 million (oh, you do the math.) The treaty included a provision allowing the U.S. to build a transoceanic canal across the Isthmus of Tehuantepec, though this option was never exercised. With a few exceptions, such as the resolution of the Chamizal dispute, acquisition of land in this purchase defined the present boundaries of the continental United States. This will be on the test.
Posted on: Wed, 31 Dec 2014 11:34:12 +0000