Its loss damaged the prestige of the Spanish government, while the British naval blockade severely impacted the economy, which was highly dependent on trade with its colonies in the Americas, particularly the import of silver from Mexico.
[4] Louisiana was only part of Spain's immense empire in the Americas, which it received as a result of the 1763 Treaty of Paris, when France ceded it as compensation for Spanish concessions to Britain elsewhere.
Preventing encroachment by American settlers into the Mississippi Basin was costly and risked conflict with the U.S., whose merchant ships Spain relied on to evade the British blockade.
[8] The combination of French ambition and Spanish weakness made the return of Louisiana attractive to both, especially as Spain was being drawn into disputes with the U.S. over navigation rights on the Mississippi River.
[9] Urquijo rejected the request for the Floridas but agreed to Louisiana plus "...six ships of war in good condition built for seventy-four guns, armed and equipped and ready to receive French crews and supplies."
[15] While the presence of 30,000 French troops and sailors in the Caribbean initially caused great concern in the U.S., by October 1802 it was clear the expedition was a catastrophic failure; its leader, General Charles Leclerc died of yellow fever, along with an estimated 29,000 men by mid-summer.
[16] Without Saint-Domingue, Napoleon concluded Louisiana was irrelevant, and with France and Britain once again on the verge of hostilities, he decided to sell the territory to prevent it from being annexed by British forces garrisoned in nearby Canada.