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War Hawk, supported war of 1812 1796: Began to study law under Attorney General of Virginia Spoke against the Alien/Sedition Acts (was a democrat)
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Helped with Missouri Compromise of 1850 MISSOURI COMPROMISE = S eries of laws that attempted to resolve the territorial and slavery controversies arising from the Mexican-American war Gained title of “ The Great Pacificator ”
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The American System What was it? A plan devised by Clay for an advantageous market. Clay believed this plan would create a balance in American agriculture, manufacturing and commerce.
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Background Information The American system was split into three main parts: A Strong Banking System Protective Tariffs Promoting Infrastructure The American system was split into three main parts: A Strong Banking System Protective Tariffs Promoting Infrastructure
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Background Information A Strong Banking System: Would provide plenty of credit and stabilize currency. It would create a national financial system A Strong Banking System: Would provide plenty of credit and stabilize currency. It would create a national financial system AA Protective Tariff: A tax on European imports. P rotected local industry A merica increased its money income because of the higher demand for their products as well as high tariffs.
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Background Information Promoting Infrastructure: Create solid transportation for America; roads, canals and more. Link between the regions of America. Profits from the high tariffs would provide the money for this plan Unified nation It became easier to transport products and allowed America to properly defend itself. Promoting Infrastructure: Create solid transportation for America; roads, canals and more. Link between the regions of America. Profits from the high tariffs would provide the money for this plan Unified nation It became easier to transport products and allowed America to properly defend itself.
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In 1817 Congress voted to distribute 1.5 million dollars to the states for internal improvements. However, President Madison declared this unconstitutional and it was vetoed. TT he “American System” was never enacted by Congress
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The American system promoted the manufacturing of products as well as economic expansion, which appealed most to the North. North’s large population allowed for the Tariff’s to be passed, despite the South’s opposition
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The South did not benefit at all from this proposed system The South relied on production of exports and this system created less demand for these exported goods. Tariff of 1828, formed the basis for the nullification crisis.
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Hurt their agrarian society by promoting industrialization. West did not have the congressional votes to stop the tariff’s or the American System Westward expansion = cheap land; this system = government would have a tighter hold on private speculators = BAD
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Self- sufficient interdependent country The “American System” was proposed in the era of good feelings, after the war of 1812. The “American System” would support the bank, establish a credit system, support federalism, and link the wealthy to the government.
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Due to the proposed ideas of the “American System,” the Erie Canal and Cumberland Road were created Established a protective tariff (20-25% tax on imported goods) Bank printed a single currency (trade easier) Improved infrastructure (transportation systems, roads, etc.)
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“Paved” the road for American Industrialization America was no longer dependent on foreign nations. Each region had its own product that contributed to the American economy. Thus America became unified. “Paved” the road for American Industrialization America was no longer dependent on foreign nations. Each region had its own product that contributed to the American economy. Thus America became unified.
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