Franklin Pierce Signs The Gadsden Purchase
The Gadsden Purchase (known as Venta de La Mesilla, or "Sale of La Mesilla", in Mexico) is a 29,670-square-mile (76,800 km2) region of what is today southern Arizona and southwestern New Mexico that was purchased by the United States in a treaty signed by President Franklin Pierce on June 24, 1853, and then ratified by the U.S. Senate on April 25, 1854. It is named for James Gadsden, the American ambassador sent to Mexico at the time. The purchase included lands south of the Gila River and west of the Rio Grande. The Gadsden Purchase was intended to allow for the construction of a transcontinental railroad along a very southern route, and it was part of negotiations needed to finalize border issues that remained unresolved from the Treaty of Guadalupe-Hidalgo, which ended the Mexican-American War of 1846–48.
# Gadsden Purchase of 1853, United States purchased a strip of land along the U.S.-Mexico border for $10 million, now in New Mexico and Arizona. This territory was later used for the southern transcontinental railroad.