Economic Question: Can anyone help?

[James Lutzweiler]

On another thread a comparison has arisen between the Louisiana Purchase for $15,000,000 in 1803 and not just the Gadsden Purchase but the entirety of what the US proposed to buy in 1853, i.e., 98,000 square miles of Mexican land for $50,000,000. The short question is this: What were $15,000,000 1803 dollars worth in 1853? More? Less? Same? Who can tell me?

James

 

[huskerblitz]

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[Drew]

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[James Lutzweiler]

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[Robin Lesjovitch]

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[Don Dixon]

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[huskerblitz]

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[Robin Lesjovitch]

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[Seduzal]

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