Short Stuff: Did a shipwreck double the size of the United States?
11m 47s
The podcast episode explores how a shipwreck in 1784 indirectly doubled the size of the United States. The story begins with Jerry Murphy, a fisherman who found fused silver coins in the Gulf of Mexico in 1993. Experts identified them as treasure from the *El Cazador*, a Spanish ship carrying 19 tons of newly minted silver from Veracruz to New Orleans, then the capital of Spain’s Louisiana colony. The ship sank, and the loss of this hard currency—meant to stabilize the local economy—was a major blow to Spain. King Carlos III, already frustrated by the colony’s distance and cost, began to see Louisiana as more trouble than it was worth. Spain had acquired Louisiana from France in 1762 to keep it out of British hands, but the financial strain and ongoing challenges eroded its value. Decades later, Napoleon forced Spain to return Louisiana in 1800, dreaming of using New Orleans as a hub for trade with France’s Caribbean colonies. However, the Haitian Revolution, led by Toussaint Louverture, destroyed France’s most profitable colony, making Louisiana less strategically important. Needing quick funds for wars with Britain, Napoleon offered to sell the entire territory to the United States. Thomas Jefferson, initially seeking only New Orleans for $3 million, accepted Napoleon’s counteroffer of $15 million for the whole region. This purchase doubled the size of the U.S. The episode argues that had the *El Cazador* not sunk, Spain might have stayed in Louisiana, and the course of American history could have been drastically different.
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Hey, and welcome to the short stuff.
Josh, Chuck, Jerry, Dave, let's go back in time.
Do you know who else is in the room with us?
Uh, Jerry Murphy?
No.
Do you know who wrote this article?
No.
Not you.
Okay, yeah.
Because I was going to say, I didn't even know about some of this stuff.
Yeah, this, uh, maybe the densest three pages I've ever seen written, uh, was written by
our old colleague, Kristen Conger.
Conger.
That's right.
This is seriously incredibly well-written.
She did a great job.
It is.
Kong's did a great job.
And, uh, Kristen is thankfully still around in the podcasting biz.
She has her great show, Unladylike.
Uh, that she used to co-host with Caroline.
Uh, but eventually, uh, Caroline left and, and Conger, uh, kept doing it by herself.
And it's, it's still great.
Still around.
She has a, Unladylike book.
And we thank the world of, of Conger.
So, uh, still support her, please.
Way to go, Conger.
And way to go for this, uh, article.
Because it really is incredibly well done.
Especially for something she probably wrote in a day.
Maybe a day and a half, you know?
We used to crank these out.
Yeah, we did.
Um, so the whole story starts.
The whole story starts in 1993.
That's where, uh, where Conger put it.
And I think that was the right place, the right way to go.
Uh, out on the Gulf of Mexico, there's a guy named Jerry Murphy, who was a fisherman there.
And he was a, he was trawling in the Gulf of Mexico.
And when he brought the net up, there was some debris in it.
He just assumed were rocks at first.
But I guess he took a closer look and we're like, those are silver coins that are fused together.
Because they've been underwater for so long.
Hot damn.
Damn.
That's right.
So he did what anyone would do.
He got in touch with an attorney.
He said, can I keep this stuff?
Uh, and then he contacted, uh, history experts and said, where did these things come from?
And then about a year after that, they finally said, hey, dude, do you know what this is?
This is from the ruins of the El Cazador, uh, or the Hunter.
And this is a ship that disappeared in 1784, uh, after it set out from, uh,
Veracruz, Mexico with 19 tons of Spanish currency, which was, uh, silver reels at the time.
Yeah.
Um, they were newly minted even.
There was apparently a mint in Mexico and they were headed to New Orleans.
And at the time you're like, well, what, why does Spain care about New Orleans?
Spain cared about New Orleans because that was the capital of the Louisiana colony owned by Spain at the time.
Sure.
You thought it was France?
No, there was a period where Spain owned Louisiana.
Louisiana.
And it was during this time.
And the reason they sent 19 tons of silver coins to New Orleans was because New Orleans currency had recently become devalued.
There was a lot of counterfeiting going on.
There was a lack of hard currency around.
So they were bringing this hard currency to pay the soldiers, to pay government officials.
Um, and it went down.
I can't imagine being, uh, King Carlos the second and being like, are you kidding me?
We lost.
We lost 19 tons of silver coins forever.
Yeah.
And so King Carlos was like, I imagine face palmed and said, oh God, is this like, is Louisiana even worth all this?
You guys.
He said, I hate Mondays.
He did.
Ian Garfield.
Uh, it was, it's so far away.
We lost all this money.
We just won it from the French a couple of decades ago.
Like, do we really want to be in the Louisiana business?
Uh, and so, well, we should back up a little and just explain who he was.
He was a cousin to King Louis, the 15th of France, I said, 25th, just a little behind the scenes there, Josh corrected me, uh, and in 1762, Louis ceded the Louisiana territory to Carlos, uh, with a treaty of Fontainebleau, and it wasn't because they were family.
It was, um, basically he, he wanted to keep, uh, Louisiana out of the hands of the Brits.
Right.
Right.
Better in the hands of a cousin that's ruling another country than in the Brits who he has no friends with, you know?
So now, uh, Louisiana and New Orleans is under, um, Spanish rule, and it was actually a pretty smart move because after the Seven Years' War ended, um, King Louis had to cede all of the Louisiana territory east of the Mississippi to the Brits as part of the treaty, except New Orleans.
So, uh, the reason why New Orleans was such a plum was because if you wanted to move goods from one place to another, there were no railroads, there were no stagecoaches, you did it on the river, and the Mississippi in particular was a very, uh, valuable river because it went from the top of the continent to the bottom, and when you got your stuff down in New Orleans, you could prepare for a seagoing ship, put your goods on that, and now from the Gulf of Mexico, you can take that stuff and sell it anywhere in the world.
That's right.
Another reason New Orleans is a plum is because it's New Orleans.
It's one of the great American cities.
Man, I love New Orleans.
I love that city.
It's been too long.
I need to get back there.
It is.
It's a cool city.
It's almost like it's got its own vibe, you know?
Like, there's no other place like it.
No other place like it, and one of the friendliest, like, if you're open to life and you go to New Orleans, there's a 50% chance you're going to end up in a stranger's home, like, eating dinner with them or something.
50%, man.
50%.
Those are high odds.
All right.
Speaking of high, maybe we should take a break, and we'll be right back after this.
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We'll see you next time.
Bye.
Bye.
Bye.
Bye.
and Napoleon is in power by this point, 1799,
He was like, man, I really want to get into the West, and New Orleans is pretty great, man.
I got the mouth of the Mississippi right there.
If I can control New Orleans, then that would be really great for my interest on that side of the world.
Right.
So he goes back to Spain, and he's like, hey, I would love the Louisiana Territory back.
What do you say I give your son-in-law the throne of Tuscany, right, and you give me back the Louisiana Territory?
And so Napoleon and the king of Spain came up with the Treaty of San Ildefonso, which in English is the Treaty of St. Fonzie, and France suddenly had the Louisiana Territory again.
That's right.
But around the same time, there was some French-owned Hispaniola, which was Haiti and the Dominican Republic is what we would call it today.
They were farming sugar and coffee and tropical produce.
So that was all great for, you know, for the French and for Napoleon.
Getting New Orleans would mean you could trade that stuff much easier.
Right.
Much more easily.
And so he was like, this is all going to come together.
However, the enslaved people there had other ideas, and they led what is the only, like, really successful slave revolt in history.
Yeah, the Haitian Rebellion led by Toussaint Louverture, which I was like, yes, that's going to be an episode.
Yeah.
Yeah.
Yeah.
Yeah.
So I went and put it on the list.
Oh, good.
But this was in Haiti, which at the time was St. Domingue.
Domingue.
I don't remember how to say it.
Domingue?
Yeah.
And St. Domingue was far and away the crown jewel of France's economic holdings over in the West, right?
In the West Indies.
And so even if you had New Orleans, without the country that was producing all the stuff that you were going to take to New Orleans,
and then ship around the world, you're just basically your whole Western economic empire that Napoleon was going to build is just out the window.
So he said, you know what?
I don't think we really need Louisiana anymore.
The Brits are knocking at the door again.
I'm going to have to fight them.
I'm sick of those guys.
I need some quick money.
Let me see who wants to buy the Louisiana territory.
And in walked Thomas Jefferson, reading a Bible that he edited himself.
That's right.
And Napoleon was like, oh, I don't know.
Like, it turns out I also hate Mondays.
And Thomas Jefferson said, you know what?
I love Mondays.
And I love Louisiana.
And I love New Orleans.
So T.J. comes in.
He's like, I don't want to fight with you guys.
So why don't we just see if we can work this out in a friendly way?
So he sent James Monroe down there to the French government to buy just New Orleans at this point for like $3 million.
He's like, that's as high as I'll go.
Not a penny more.
Not a penny more.
I'm not going to pay a lot for this territory.
That's right.
So Monroe goes and talks to Napoleon and is like, what do you think?
And Napoleon goes, how about this?
Here's my counteroffer.
You have to buy all of the Louisiana territory.
And James Monroe dropped his teacup.
Luckily, there's somebody there to catch it before it shattered on the floor.
He said, for $15 million.
And James Monroe did the math real quick in his head.
And he's like, that's less than $4 million.
That's less than $4 cents an acre.
And he said, sold.
He said, sold.
Yeah.
So he signed over to Jefferson.
And, you know, of course, we did a whole episode on the Louisiana Purchase.
That was a good one.
Yeah.
The nitty gritty details.
But that basically doubled the size of the country.
And then, you know, when I looked at this article, and I might title it this too, like how did a shipwreck double the size of the United States?
At the end of my first read through, I was like, but wait, how did that happen?
How did that happen again?
I guess the idea is, had that shipwreck never happened, Spain would have been able to deliver their silver.
Right.
And maybe would have stayed in the Louisiana business.
Exactly.
Okay.
Yeah.
So I got it.
Yeah, you did.
And I feel like we did Conger's article some justice.
I hope so.
Like I said, it was a really great article.
And, Kristen, it was awesome.
Yep.
It was kind of one of our drunk history style short stuffs.
That's right.
Except we're not drinking.
No.
Because it's 2.15.
Yep.
On a Thursday, even.
That's right.
At any rate, I think short stuff's out, guys.
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Podcast Summary
Key Points:
In 1993, fisherman Jerry Murphy discovered fused silver coins in the Gulf of Mexico, traced to the wreck of the Spanish ship *El Cazador*, which sank in 1784 with 19 tons of currency.
The ship was carrying newly minted silver to New Orleans, the capital of Spain’s Louisiana colony, to address currency devaluation and counterfeiting.
The loss of the treasure weakened Spain’s commitment to Louisiana, leading King Carlos III to reconsider the colony’s value.
Spain had acquired Louisiana from France in 1762 via the Treaty of Fontainebleau, partly to keep it from the British.
In 1800, Napoleon forced Spain to return Louisiana through the Treaty of San Ildefonso, hoping to use New Orleans as a trade hub for French Caribbean colonies.
The Haitian Revolution (led by Toussaint Louverture) destroyed France’s most valuable colony, undermining Napoleon’s plans and making Louisiana less useful.
Napoleon sold the entire Louisiana Territory to the U.S. in 1803 for $15 million, doubling the country’s size, after Jefferson initially sought only New Orleans for $3 million.
The article suggests that without the *El Cazador* shipwreck, Spain might have retained Louisiana, potentially preventing the Louisiana Purchase.
Summary:
The podcast episode explores how a shipwreck in 1784 indirectly doubled the size of the United States. The story begins with Jerry Murphy, a fisherman who found fused silver coins in the Gulf of Mexico in 1993. Experts identified them as treasure from the *El Cazador*, a Spanish ship carrying 19 tons of newly minted silver from Veracruz to New Orleans, then the capital of Spain’s Louisiana colony.
The ship sank, and the loss of this hard currency—meant to stabilize the local economy—was a major blow to Spain. King Carlos III, already frustrated by the colony’s distance and cost, began to see Louisiana as more trouble than it was worth. Spain had acquired Louisiana from France in 1762 to keep it out of British hands, but the financial strain and ongoing challenges eroded its value.
Decades later, Napoleon forced Spain to return Louisiana in 1800, dreaming of using New Orleans as a hub for trade with France’s Caribbean colonies. However, the Haitian Revolution, led by Toussaint Louverture, destroyed France’s most profitable colony, making Louisiana less strategically important. Needing quick funds for wars with Britain, Napoleon offered to sell the entire territory to the United States.
Thomas Jefferson, initially seeking only New Orleans for $3 million, accepted Napoleon’s counteroffer of $15 million for the whole region. S. The episode argues that had the *El Cazador* not sunk, Spain might have stayed in Louisiana, and the course of American history could have been drastically different.
FAQs
The El Cazador was a Spanish ship that disappeared in 1784 while carrying 19 tons of silver coins from Veracruz, Mexico, to New Orleans. It was discovered by fisherman Jerry Murphy in 1993 in the Gulf of Mexico.
New Orleans currency had become devalued due to counterfeiting and a lack of hard currency. The silver coins were meant to pay soldiers and government officials in the Spanish colony of Louisiana.
The loss of the silver coins made King Carlos III question the value of keeping Louisiana, as it was expensive and far away. This contributed to Spain's eventual decision to cede the territory back to France.
It was a 1800 treaty between Spain and France, where Spain returned the Louisiana Territory to France in exchange for a throne for the Spanish king's son-in-law. This was part of Napoleon's plan to expand French interests in the Americas.
The rebellion in Haiti, led by Toussaint Louverture, destroyed France's most valuable economic colony. This made Louisiana less useful to Napoleon, prompting him to sell it to the United States.
James Monroe was sent to France to buy just New Orleans for up to $3 million. However, Napoleon countered by offering the entire Louisiana Territory for $15 million.
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