Virgin Islands Proposed Pairing Agreement
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How to fill out Proposed Pairing Agreement?
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FAQ
Denmark decided to sell the islands because the colony had been running at a loss since the mid 1800s. Whilst sugar production had increased steadily on other Caribbean islands, especially on Cuba, it was in decline in the Danish colony.
In 1917, the United States purchased the Danish part for $25 million, mainly for strategic reasons to assure tranquility in the Caribbean Ocean. U.S. citizenship was conferred on U.S. Virgin Islanders in 1927.
As a result of their talks, a treaty was signed on October 24, 1867, in which the Americans would acquire St. Thomas and St. John in exchange for 7.5 million dollars in gold. At the King's behest, a referendum was held on the islands on January 9, 1868.
The US purchased the islands in 1917, when they were known as the Danish West Indies, hoping that they'd be an ideal strategic location for a naval base and would help secure the region surrounding the Panama Canal.
In 1917, the United States purchased the Danish part for $25 million, mainly for strategic reasons to assure tranquility in the Caribbean Ocean. U.S. citizenship was conferred on U.S. Virgin Islanders in 1927.
However, after the 1830s, the islands entered into a period of economic decline, and the Danish government found that the West Indies colony was becoming increasingly expensive to administrate.
The acquisition of the Danish West Indies (now the Virgin Islands) in 1917 completed, at last, negotiations that had taken fifty years to give the US Navy a strategic foothold in the Caribbean.
U.S. Virgin Islands The United States Virgin Islands are an unincorporated territory of the United States, meaning that only certain parts of the U.S. Constitution apply to its residents. Individuals born in the U.S. Virgin Islands are considered citizens of the United States.