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The Gadsden Purchase. President Franklin Pierce sent James Gadsden to Mexico City in 1853 with several proposals for buying from Mexico land to the south of the boundaries established by the Treaty of Guadalupe Hidalgo.
The Gadsden Purchase, or Treaty, was an agreement between the United States and Mexico, finalized in 1854, in which the United States agreed to pay Mexico $10 million for a 29,670 square mile portion of Mexico that later became part of Arizona and New Mexico.fter Gadsdenâs Purchase a new border dispute caused tension over the United Statesâ payment, and the treaty failed to resolve the issues surrounding financial claims and border attacks.