Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Internal improvements
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Later efforts== {{Main|American System (economic plan)}} {{See also|Cornerstone Speech}} [[Henry Clay]]'s ''American System'', devised in the burst of [[American nationalism|nationalism]] that followed the [[War of 1812]], remains one of the most historically significant examples of a government-sponsored program to harmonize and balance the nation's agriculture, commerce, and industry. This "System" consisted of three mutually reinforcing parts: a tariff to protect and promote American industry; a national bank to foster commerce; and federal subsidies for roads, canals, and other "internal improvements" to develop profitable markets for agriculture. Funds for these subsidies would be obtained from [[tariff]]s and sales of public lands. Clay argued that a vigorously maintained system of sectional economic interdependence would eliminate the chance of renewed subservience to the free-trade, laissez-faire "British System." In the years from 1816 to 1828, Congress enacted programs supporting each of the American System's major elements. After the [[First inauguration of Andrew Jackson|1829 inauguration]] of [[Andrew Jackson]], with his administration's emphasis on a limited role for the federal government and sectional autonomy, the American System became the focus of anti-Jackson opposition that coalesced into the new [[Whig Party (United States)|Whig Party]] under the leadership of Henry Clay.<ref>{{Cite web|title=Classic Senate Speeches β Henry Clay: In Defense of the American System (February 2, 3, and 6, 1832)|url=https://www.senate.gov/artandhistory/history/common/generic/Speeches_ClayAmericanSystem.htm|publisher=United States Senate|access-date=February 24, 2017}}{{PD-notice}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)