James Buchanan's Inauguration as the 15th President of the United States
1857 · Washington, D.C., United States
James Buchanan was inaugurated as the 15th President of the United States.
December 30, 1853
The Gadsden Purchase was finalized, in which the United States agreed to pay Mexico $10 million for a 29,670 square mile region of present-day southern Arizona and southwestern New Mexico. This purchase facilitated the construction of a southern transcontinental railroad.
Washington, D.C., United States | United States Government
On December 30, 1853, the United States and Mexico finalized the Gadsden Purchase, a significant land acquisition that played a crucial role in the expansion of the United States and the development of its infrastructure. This agreement involved the U.S. purchasing a 29,670 square mile region of present-day southern Arizona and southwestern New Mexico from Mexico for $10 million.
The Gadsden Purchase was named after James Gadsden, the U.S. ambassador to Mexico, who negotiated the deal. The purchase was driven by several factors:
Railroad Expansion: The United States was keen on constructing a southern transcontinental railroad. The terrain of the newly acquired land was more suitable for railroad construction compared to the existing northern routes, which faced challenging mountainous terrain.
Boundary Clarification: Following the Mexican-American War (1846-1848) and the Treaty of Guadalupe Hidalgo, there were ambiguities regarding the U.S.-Mexico border. The Gadsden Purchase helped clarify these boundaries.
Manifest Destiny: The acquisition was part of the broader 19th-century ideology of Manifest Destiny, which held that the United States was destined to expand across the North American continent.
Treaty of Guadalupe Hidalgo (1848): This treaty ended the Mexican-American War and resulted in the U.S. acquiring a large portion of Mexico’s northern territories. However, it left some border issues unresolved.
Negotiations: James Gadsden was appointed by President Franklin Pierce to negotiate with Mexican President Antonio López de Santa Anna. The negotiations aimed to resolve border disputes and secure land for the railroad.
Terms: The U.S. agreed to pay Mexico \(10 million for the land, which equates to approximately \)0.34 per acre. The purchase included parts of what are now southern Arizona and southwestern New Mexico.
Ratification: The treaty was ratified by the U.S. Senate on April 25, 1854, and by the Mexican government shortly thereafter.
Railroad Construction: The Gadsden Purchase facilitated the construction of the Southern Pacific Railroad, which became a vital transportation link connecting the eastern and western United States.
Economic Impact: The new territory contributed to the economic growth of the U.S. by providing new opportunities for settlement, agriculture, and trade.
Diplomatic Relations: The purchase helped improve U.S.-Mexico relations by resolving lingering border disputes, although tensions would continue to arise in subsequent years.
The Gadsden Purchase stands as a pivotal moment in U.S. history, reflecting the nation’s expansionist ambitions and its commitment to infrastructure development during the 19th century.
Source: en.wikipedia.org